Video & Transcript Research : 'Alabama tax code'
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NH
Transcript Highlights:
- They proposed 2% tax cap. local level. They proposed 2% tax cap.
- there's no tax cap. There's no tax cap. there's no tax cap. There's no tax cap.
- Do something about property<00:28:03.120>
taxes. property taxes. property taxes. - tax cap bills are? tax cap bills are?
- Um, have the 13 communities with tax caps experienced property tax relief?
WA
Washington 2025-2026 Regular Session
House Environment & Energy May 18th, 2026
Transcript Highlights:
- with annual emissions exceeding the minimum volume that a facility must capture to qualify for the 45Q tax
- With the advent of new federal policy and the increases of the 45Q tax credit.
- In 2008, the 45Q tax credit was introduced at $20 a ton, incentivizing emitters to capture and store
- So that's where we come to the 45Q tax credit that several of the presenters have mentioned.
- However, 45Q is a tax credit, and it does not perform as an environmental regulation.
Summary:
The committee held an interim work session focused first on carbon capture, utilization, and sequestration (CCUS), then on hazardous waste and extended producer responsibility (EPR). On the CCUS topic, industry and nonprofit presenters described point-source capture, direct air capture, mineralization, and geologic sequestration, emphasizing Washington’s basalt formations and state trust lands as strong candidates for storage. They argued that CCUS can help hard-to-abate industrial sectors, support jobs and investment, and provide a pathway for compliance, while also noting the need for clearer permitting, subsurface rights, pipeline authority, and storage infrastructure. Ecology and Commerce staff explained current state policy touchpoints, including Cap-and-Invest offsets and exemptions for permanently stored CO2, the public comment process underway to define “thousand-year” permanence, and how CCUS might fit within the Clean Energy Transformation Act without counting emitting generation as non-emitting. Some presenters supported more state action and primacy over federal permitting, while others warned about costs, energy use, uncertain capture performance, and the need to ensure real net greenhouse gas reductions and long-term liability protections.
Members asked about public meetings, whether mineralized carbon would qualify as exempt under the Climate Commitment Act, the timeline for Ecology guidance, aquifer and water-quality concerns, energy intensity of capture systems, and liability if storage later proves problematic. Responses said Ecology’s guidance process is already underway, public meetings will be virtual, mineralized carbon would likely qualify if it meets the permanence standard, and EPA rules require storage in deep saline formations below drinking water aquifers. Industry speakers said capture energy use varies by source and concentration, and one presenter noted that some states use trust funds funded by injectors to address long-term liability.
The second half of the session shifted to hazardous waste and EPR. Ecology staff reviewed existing product stewardship programs for electronics, paint, batteries, and mercury lights, and described moderate risk waste and household hazardous waste management in Washington. They highlighted that E-Cycle and PaintCare are producer-funded, that the battery stewardship program will begin in 2027, and that the mercury lamp program is in transition after its prior stewardship organization exited, prompting enforcement notices and a pending replacement plan. Ecology recommended best practices for future EPR programs, including clear producer and product definitions, full producer funding, convenience standards, annual reporting, and strong agency enforcement and plan approval authority. Local government speakers from King County and Douglas County described rising collection costs, equity and access barriers, rural travel distances, and the need for stable funding and flexible local implementation. King County said it collected over 3 million pounds of hazardous products in 2025 and supports EPR as a way to shift costs from ratepayers to producers, while Douglas County emphasized that rural residents will participate when services are accessible and that future systems should account for geography and local infrastructure.
MO
PA
Transcript Highlights:
- Whereas in 1963, Martin Luther King Jr., jailed in Birmingham, Alabama, for defying a policy banning
Summary:
The House convened at noon with prayer and the Pledge of Allegiance, including a reading of George Washington’s prayer in recognition of the 250th anniversary of the nation’s founding. The journal for Saturday, June 27, 2026, was postponed until printed. Representative Borowitz then spoke under House Rule 17 on America 250 and House Resolution 579, which designates a day of commemoration for America’s 250th birthday and celebrates the nation’s founding principles.
Borowitz’s remarks reviewed a long historical narrative emphasizing the role of religion and divine providence in American history, citing the Declaration of Independence, the Founding Fathers, early colonial worship, the Pilgrims, the Great Awakenings, presidential prayers and proclamations, the Aitken Bible, Capitol church services, the Civil War, World War II, and later references such as the National Prayer Breakfast and Apollo-era Bibles. The resolution was described as reaffirming commitment to the Declaration’s principles, including rights endowed by the Creator and reliance on divine providence.
No vote was taken on the resolution during this session. At the end of the remarks, Representative Dockery moved to adjourn, and the House agreed by voice vote. The House adjourned until Monday, June 29, 2026, at 12 noon, unless sooner recalled by the Speaker.
TX
Transcript Highlights:
- Madam Chair, I did want to point out that in current law right now, under the Health and Safety Code,
- began to decline, our daughter, Victoria, an active-duty service member stationed in Montgomery, Alabama
Keywords:
body donation, medical science, forensic science, willed body program, informed consent, boarding home, boarding home facility, adult care home, group home, assisted living, county reporting, municipal reporting, annual report, reasonable accommodation, fair housing, disability accommodation, local ordinance, permit requirement, Texas Health and Human Services Commission, HHSC
Summary:
The committee first heard Senate Bill 2480, which would clarify that the Texas Medical Board may collect license renewal surcharge fees from all licensees to fund the Texas Physician Health Program and related administrative costs. The bill author explained the funding fix was needed after prior language was found to allow surcharges only for physicians and physician assistants. Witnesses from the Texas Physician Health Program supported the measure and described the program’s confidential monitoring and treatment services; members asked about the fee amount, which was described as capped at $15 per two-year registration cycle. The bill was left pending.
The committee then took up Senate Bills 1406 and 2721, both authored by Senator Parker, addressing the handling of human remains by non-transplant anatomical donation organizations, willed body programs, and related facilities. Senator Parker and several witnesses described alleged abuses involving unclaimed bodies, consent problems, body leasing, hotel-based dissections, and mishandling of cremains, and argued for strict licensing, inspections, transparency, and criminal penalties. Supporters included families of deceased veterans and other relatives, a biomedical ethicist, the Texas Catholic Conference of Bishops, and some public safety and hotel industry representatives who said legitimate training should continue but bad actors should be shut down. Opponents or cautious witnesses from accredited donation organizations and bioskills labs said they support stronger oversight but warned the bills could unintentionally disrupt legitimate medical education and urged clearer language and implementation of existing law. Both bills were left pending.
Senate Bill 1681, by Senator Menendez, would require counties and municipalities that regulate boarding homes to report facility standards and related information to the Health and Human Services Commission. The author said the bill is intended to improve state oversight of boarding homes that serve elderly and disabled residents and to address abuse, neglect, and exploitation. The bill was left pending after brief discussion.
After the testimony portion, the committee returned to voting on pending business and unanimously reported Senate Bills 527, 912, 1580, 1952, and 2032 to the Senate with recommendations that they do pass and be printed, and each was also recommended for the local and uncontested calendar. The committee also adopted a committee substitute for Senate Bill 407 and reported the substitute favorably, with six ayes and three nays. The committee then moved on to Senate Bill 500 as pending business.
FL
Florida 2026 Regular Session
Appropriations Committee on Health and Human Services Mar 18th, 2025
Appropriations Committee on Health and Human Services
Transcript Highlights:
- I have a friend in Alabama.
- Today, our insurance code requires a child be diagnosed by age eight, and the services are only mandated
Summary:
The committee met with a quorum and considered several health-related bills. SB 398, by Senator Burgess, would create a statewide Alzheimer’s and dementia awareness campaign through the Department of Elder Affairs, focused on early detection, brain health, risk reduction, clinical trial access, and community resources. Supporters said Florida has a large and growing Alzheimer’s population and that the campaign would help families and vulnerable communities; the bill was reported favorably after a roll call vote. The committee also adopted an amendment to SB 714, by Senator Burton, which would create non-opioid advanced directives and add liability protections for providers in medical emergencies involving opioids. Supporters framed it as a patient-choice measure, while opponents argued it was vague and could interfere with appropriate pain treatment; the amended bill was then reported favorably.
The committee also approved CS/SB 756, which removes the current age-eight diagnosis requirement for autism-related insurance coverage and extends coverage beyond age 18 for those diagnosed with autism. Senator Burton said the bill would help families whose children are diagnosed later or whose needs continue into adulthood. There was brief discussion about existing lifetime benefit caps, but the sponsor said the bill did not change those limits. The committee then took up SB 734, a proposal by Senator Yarbrough to repeal Florida’s wrongful death exception that bars certain parents and adult children from recovering non-economic damages in medical negligence cases. The sponsor and supporters described the current law as discriminatory and unjust, especially for families of older adults and disabled individuals, while opponents warned it would raise malpractice costs, increase premiums, and worsen provider shortages. The bill drew extensive public testimony from both grieving family members and health care/insurance representatives, and members debated whether caps or other safeguards should be added. No final action on SB 734 is reflected in the transcript excerpt.
FL
Transcript Highlights:
- So we've also just seen our partnerships with economic partners in Georgia and Alabama grow, because
- In 1993, PGT began work with Miami-Dade County to develop window and door building code protocols to
Summary:
The Commerce and Tourism Committee met to hear an overview of its jurisdiction and then focused primarily on Florida manufacturing. Secretary of Commerce Alex Kelly described manufacturing as central to a more resilient, diversified economy, citing the 2023 Florida Manufacturing Report and noting strong growth in manufacturing businesses, jobs, exports, and workforce programs. He emphasized that most Florida manufacturers are small businesses, that the sector is increasingly STEM- and technology-driven, and that the state’s main challenge is workforce aging and the need to retain trained talent. Members also discussed how to better expose students and parents to manufacturing careers, improve startup access to capital, and strengthen regional manufacturing corridors and transportation links.
Kevin Carr of FloridaMakes said Florida is on track to become a top-five manufacturing state, but warned that productivity, technology adoption, and workforce shortages remain key issues. He said a proposed manufacturing bill would create a chief manufacturing officer and help address workforce, technology, and market-visibility challenges. Bain Beecher of PGT Innovations described the company’s growth and community role, but highlighted obstacles such as affordable housing, insurance costs, permitting delays, supply-chain disruptions, and limited awareness of manufacturing careers among students and parents. Andrew Kosowski of Veterans Metal focused on small- and medium-sized manufacturers, citing labor shortages, the cost of adopting new technology, regulatory burdens, and cybersecurity compliance as major pressures, and urged support for the draft manufacturing bill.
Brian Giuliani of the Port of Tampa Bay outlined the port’s cargo mix, infrastructure investments, and role in moving fuel, construction materials, and manufactured goods, saying the port’s expansion and transloading plans could better connect Florida manufacturers to suppliers and markets. Committee members repeatedly stressed the need to promote manufacturing careers earlier in school, improve public perception of the industry, and reduce barriers to investment. No formal vote was taken during the discussion, but the panelists broadly supported the draft manufacturing legislation and the committee’s focus on manufacturing policy.
NH
Transcript Highlights:
- He was here, he said, to reduce taxes and reduce the burdens of government.
- c><00:14:34.320>
said, <00:14:35.040>to <00:14:36.079>reduce <00:14:36.560>taxes - He was here, he said, to reduce taxes He was here, he said, to reduce taxes and<00:14:37.360>
- Cam Thompson, 18, Tuscaloosa, Alabama. Ma Shabbaz, 46, Columbus, Ohio.
- Kai Banks, 31, Atagaville, Alabama. Nora Horwitz, 38, Virginia Beach, ...
MN
Minnesota 2025 1st Special Session
Committee on Judiciary and Public Safety - 03/17/25
Judiciary and Public Safety
Transcript Highlights:
- I understand we are going to have an amendment from Senator Rust, which is a tax jurisdiction amendment
- And then on page eight and line 27 and page 10 line 15 are tax year dates that make the bill correct
- <00:00:51.520>
jurisdiction her which is a tax jurisdiction her which is a tax jurisdiction - This approach is particularly relevant for tax assessment and other real property records.
- This approach is particularly relevant for tax assessment and other real property records.
PA
Transcript Highlights:
- Whereas in 1963, Martin Luther King Jr., jailed in Birmingham, Alabama for defying a policy banning unpermitted
Summary:
The House convened at noon with prayer and the Pledge of Allegiance, then postponed approval of the prior day’s journal. The main business was remarks by Representative Borowitz on House Resolution 579, marking America’s 250th anniversary and celebrating the nation’s founding principles. Her remarks emphasized the Declaration of Independence, natural rights, religious faith in American history, and a long list of historical examples she said reflected divine providence and the role of religion in public life.
No debate or vote on the resolution itself is shown in the transcript. After the remarks, the chair reminded members of the five-minute rule for speeches under House Rule 17. Representative Dockery then moved that the House adjourn until Monday, June 29, 2026, at 12 noon unless recalled sooner by the Speaker.
The motion to adjourn was put to a voice vote and adopted, and the House adjourned accordingly.
AL
Transcript Highlights:
- . >> The Medical Association of Alabama is seeking the amendment that would take out the language allowing
Keywords:
court costs, Choctaw County, jail funding, municipal court, criminal proceedings, education funding, student outcomes, K-12 education, RAISE Act, accountability, special education, English language learners, local education agency, respiratory therapy, respiratory therapist, respiratory care, licensure, licensing board, advanced practice provider, nurse practitioner
FL
Florida 2025 Regular Session
Banking and Insurance Mar 3rd, 2025
NH
New Hampshire 2025 Regular Session
House Legislative Administration (02/19/2025)
Transcript Highlights:
- As an example, homeowners may prefer lower property taxes, while a taxing jurisdiction may be employing
- lobbyists through an association to protect or even raise property taxes.
- <04:00:10.199>
may <04:00:10.399>be taxes while a taxing jurisdiction may be taxes - <05:05:18.440>
taken gets taxes taken gets taxes taken out<05:05:20.558>you <05:05: - State meaning our tax dollars um don't State meaning our tax dollars um don't come<05:09:34.160>
back
Summary:
The committee first dealt with scheduling and housekeeping, including a plan to take a hard break at 2:00 p.m. for an early bill, hold a brief executive session, and then continue with the remaining afternoon bills. The chair also noted the next likely meeting date would be March 12, when the committee expected to take up the remaining bills before crossover deadlines.
The main substantive item was House Bill 142, which would recognize the Honor and Remember flag for Gold Star families and related remembrance purposes. Prime sponsor Rep. Michael Moffett described the bill as a bipartisan measure revised to address earlier concerns, arguing that the flag honors fallen service members, can be personalized with names, and complements rather than detracts from the American flag. He said many other states have already adopted it and suggested the committee could amend details such as the number of days and locations for display. He also raised practical issues about flag dimensions and whether the bill should use "shall" or "may" for display requirements.
Testimony was divided. Janine Nutter opposed the bill, saying she supports Gold Star families but objected because the flag resembles the Viet Cong flag and because she believes the American flag should remain the sole symbol representing servicemembers. Kevin Grady, representing the State Veterans Advisory Committee under RSA 115:8, also opposed the bill, saying the committee believes the American flag is the only symbol needed, while still praising the work of Honor and Remember in creating personalized flags for families. Committee members asked questions about where the flag would be flown, whether the State Veterans Cemetery in Boscawen is already displaying it, and how the bill’s language would interact with cemetery policies and committee discretion. No vote or final action was taken in the portion of the meeting provided.
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Feb 4th, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- funded with state appropriations while protecting projects that are fully funded by voter ad valorem taxes
Bills:
S0302, S0394, S0480, S0546, S0636, S0774, S0796, S1028, S1050, S1066, S1120, S1230, S1288, S1682
Keywords:
cybersecurity, information technology, data management, local government compliance, cloud services, state agency oversight, integrated governance, conservation lands, land exchange, state-owned land, Acquisition and Restoration Council, Florida water management, environmental protection, beach management, beach erosion, beach nourishment, coastal resilience, shoreline protection, critical erosion, critically eroded beach
Summary:
The committee heard and advanced several bills, beginning with CS/SB 796, which would create Veterinary Professional Associates as a new supervised veterinary role, expand telehealth prescription timeframes, and set training and scope limits. Supporters said it would improve access to care, lower costs, and create a career path, while opponents argued the proposal lacked a clear regulatory framework, could create liability and federal-law conflicts, and would not address the real shortage in rural large-animal practice. After debate, the committee reported the bill favorably.
Members also heard and favorably reported SB 1682 on local authority over derelict and abandoned vessels, CS/SB 1028 on a commercial Citizens clearinghouse for property insurance, SB 394 on exempting certain reinsurance underwriting managers from licensing, SB 636 on beach management and erosion designations, CS/SB 546 on public notice for conservation land sales or exchanges, CS/SB 302 on Biscayne Bay nature-based solutions and related coastal resiliency provisions, SB 1050 on pharmacy choice for pet medications, and SB 774 extending workers’ compensation benefits to 911 public safety telecommunicators for mental and nervous injuries. Testimony on these bills generally focused on access, regulatory clarity, environmental protection, or workforce support, with some concerns raised on insurance consumer protections and beach-management language.
Senator Harrell’s bills were also taken up and reported favorably: CS/SB 480, a major overhaul of state IT governance creating DIGIT and new procurement, reporting, and workforce structures; CS/SB 1230, restricting PFAS-containing firefighting foam and adding testing, inventory, and disposal requirements; and CS/SB 1288, a naming bill designating the Andrew Red Harris Shoal and requiring markers. Finally, the committee heard extensive testimony on SB 1066 regarding restoration of the Oklawaha/Rodman system, with supporters emphasizing ecological restoration, flood-risk reduction, and economic benefits, and opponents warning about local impacts, water quality, and the loss of a world-class fishery. The transcript ends during testimony on that bill, before final action is shown.
TX
Transcript Highlights:
- Again, your zip code should not determine your access to healthcare.
- tax themselves, that somehow your med school is involved in.
- I didn't know if tax dollars could qualify to help build the hospital.
- You know what's up, Alabama? Yeah, they recruit a lot of the students here.
- So we don't levy property taxes, and our funding is subject to a cap.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of Tulsi Gabbard, of Hawaii, to be Director of National Intelligence; to be immediately followed by a closed hearing in SH-219. Jan 30th, 2025 at 09:00 am
Intelligence (Select) Committee
Transcript Highlights:
- mission creep and empire building is what's come to be known in the intelligence community as D&I taxes
- The ODNI levies these so-called taxes on other agencies, shifting and directing funds away from the intelligence
- From graduating at the top of her class from the accelerated officer candidate school at the Alabama
- proposals I mentioned in my opening statement about capping the size of the ODNI and eliminating ODNI taxes
MN
Transcript Highlights:
- I can: Alabama, Arizona, Illinois, Montana, Nebraska, Nevada, Oklahoma, and Wisconsin.
- eight state those those those are<00:32:30.360>
I <00:32:30.799>can <00:32:31.799>Alabama - <00:32:32.679>
Arizona <00:32:33.880>Illinois are I can Alabama Arizona Illinois are - I can Alabama Arizona Illinois Montana<00:32:36.120>
Nebraska <00:32:37.120>Nevada <00: - Well, I have, you know, paying taxes fatigue, but I don't think I get to opt out.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 02:00 pm
Joint Committee on State Administration and Regulatory Oversight
Transcript Highlights:
- At one point, we were taxed.
- At one point, we were taxed for a value of an unbuildable lot at $1.75 million, and that was three lots
- So it was just like, you know, all of a sudden we had to go into arrears for paying our taxes on vacant
- My family has paid over $300,000 in property taxes, and we're being told that the land is inaccessible
- Nine people, albeit good people, sitting in a boardroom in Birmingham, Alabama, control the future of
Summary:
The committee first heard testimony on H. 3599, a bill concerning access to historic Indian lands and easements for landlocked tribal parcels in Massachusetts. Witnesses, including members of the Mashpee Wampanoag and Herring Pond communities, said the bill would restore access to family lands that have long been treated as landlocked and had been denied easements by necessity in prior court rulings. They described heavy tax burdens, prior litigation, and support from the Mashpee Wampanoag Tribe, with conditional support from the Aquinnah Wampanoag Tribe pending language changes. Committee members asked about the tax assessments and the status of tribal support, and the chair said the committee would follow up on possible amendments.
The committee then took up S. 2922, which would authorize an underground easement at Magazine Beach in Cambridge for the Greater Cambridge Energy Project. Eversource representatives said the easement is needed for a transmission line connecting the Brighton and Kendall Square substations, supporting grid reliability and the Commonwealth’s clean energy transition. They said DCR would receive fair market value and replacement land in Wendell to satisfy Article 97 requirements. No objections were raised, and the panel’s testimony concluded without a vote recorded in the transcript.
Most of the hearing focused on H. 5047, which would authorize the Commonwealth to take the Norwood Hospital site by eminent domain so the hospital can be restored. Sponsors, local officials, hospital task force members, EMS and fire representatives, a chamber of commerce leader, and a former hospital administrator all argued that the 2020 flood and Steward’s bankruptcy left the region without adequate care, causing longer ambulance transports, emergency room boarding, staffing strain, and economic losses. They said the site remains a partially completed shell, that the state should be able to acquire it and bring in a nonprofit operator, and that the taking would not require state funding because an operator would pay the acquisition costs. Committee members from both chambers expressed support and asked about costs, timing, infrastructure, and whether a nonprofit operator is being pursued. The chair took the bill under advisement after extensive testimony; no vote was taken in the transcript.
US
US Federal 2025-2026 Regular Session
Hearings to examine S.222, to amend the Richard B. Russell National School Lunch Act to allow schools that participate in the school lunch program to serve whole milk. Apr 1st, 2025 at 09:00 am
Agriculture, Nutrition, and Forestry Committee
Transcript Highlights:
- how they directly affect our our kids ability to learn for all the reasons that the senator from Alabama
- This comes while President Trump pushes for the largest peacetime tax increase in modern U.S. history
Bills:
SB222
Keywords:
whole milk, school lunch, school meals, National School Lunch Program, Richard B. Russell National School Lunch Act, Child Nutrition Act, USDA, nutrition standards, dairy, nonfat milk, low-fat milk, reduced-fat milk, lactose-free milk, nondairy beverages, plant-based milk, milk substitution, parental consent, legal guardian, food allergies, allergic reaction
Summary:
This meeting of the committee focused primarily on the Whole Milk for Healthy Kids Act, S222, which aims to permit schools to offer a fuller range of milk options, including whole, reduced, and low-fat varieties, that have garnered bipartisan support. Chairman Bozeman opened the session by highlighting concerns over children's nutrition and the obesity epidemic, emphasizing the significance of nutritious school meals in addressing these issues. Experts from various organizations were invited to discuss the implications of this bill as well as the current challenges facing school meal programs, including budget constraints and food supply issues. The meeting included passionate testimonies about the direct impacts of current dietary guidelines and federal funding reductions affecting schools' abilities to provide healthy meal options.
HI
Hawaii 2026 Regular Session
CPC Public Hearing - Wed Feb 18, 2026 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- We just note that um the tax credits.
- We also know that on the federally facilitated marketplace side, the enhanced premium tax credits did
- Dot tax stands on its written testimony providing comments. I'm here to answer any questions.
- Dot tax stands on its written testimony providing comments. I'm here to answer any questions.
- Dot tax stands on its uh the doax.
Bills:
HB20, HB2612, HB2404, HB2459, HB2194, HB1880, HB2284, HB1969, HB2458, HB1546, HB2161, HB1721, HB1641, HB2137, HB1782, HB2360, HB1965, HB1897, HB1513
Keywords:
lava insurance, homeowners, insurance market, subsidy, Hawaii, mortgage, debt, secured transactions, real property, Hawaii Revised Statutes, cooperative associations, electric utility cooperatives, agricultural cooperatives, mutual help, food innovation, agribusiness, food safety, market access, branding, economic diversification
Summary:
The committee heard testimony on HB 20, which would create a lava zone insurance subsidy/fund. The Insurance Division opposed the bill, arguing that lava zones 1 and 2 are the highest-risk areas, that a subsidy would not reduce the underlying risk or loss costs, that it could invite similar subsidy requests for other hazards, and that the bill may conflict with HICV by diverting funds from the CRF. Members discussed the lack of authorized homeowners insurance in those lava zones, the role of HPIA and the surplus market, and the difference between the proposed lava-zone subsidy and the Hawaii Hurricane Relief Fund. The chair noted 37 submitted testimonies in support and one in opposition, and the committee then moved on without taking a vote on HB 20 in the portion provided.
The committee then took up HB 2612, relating to mortgages, which would clarify that a mortgage does not exist independently of the debt it secures and is not independently enforceable from that debt. The Hawaii Credit Union League and Hawaii Financial Services Association opposed the bill, while several individuals testified in support, arguing it would restore Hawaii’s long-standing lien-state rule and prevent so-called “zombie mortgages” after the Hawaii Supreme Court’s White decision. Supporters said the bill would protect borrowers from delayed foreclosures and predatory lending practices, while opponents and the Insurance Division emphasized that foreclosure actions still require proof of standing and possession of the note, and that lenders generally pursue foreclosure without seeking deficiency judgments.
Committee members questioned the Insurance Division about how the current market works, whether lenders could wait out the statute of limitations and then foreclose only on the mortgage, and whether equitable tolling or later defaults could allow refiling. The division said it is still trying to attract authorized insurers back into the lava-zone market, but has seen little progress. No vote or final action on HB 2612 was taken in the excerpt provided.