Transcript Highlights:

• So that safety concern is real, and we appreciate you and Representative Leach. ...leading on it.
• These limited tweaks to Chapter 37 can really help guarantee the safety of our school children.
• It's important to have a very strong presence for safety on vaping.
• Structures and support that you've provided last session was the safety outside of the school.
• This time, it's the safety in terms of standards inside the school.

Bills: HB1022 , HB2856 , HB3114 , HJR5 , HB6 , HB120 , HB210 , HB1458 , HB1188 , HB3126

Committee: Senate Education

Keywords: HB 1022, Sul Ross State University, Rio Grande College, Texas State University System, Education Code, higher education, course levels, upper-level college, lower-division courses, community college-style courses, Del Rio, Eagle Pass, Uvalde, Board of Regents, academic programs, university expansion, HB 2856, Texas Higher Education Coordinating Board, clinical training placements, clinical rotations

Transcript Highlights:

• This is actually the number two priority of our members when it comes to school safety: access to those
• Safety issue for them.
• ...to seek court orders for alternative placements for students with disabilities deemed to pose safety
• Despite this crisis of safety and disorder.
• When asked why the safety of staff and students is threatened and learning compromised. Thank you.

Bills: HB1022 , HB2856 , HB3114 , HJR5 , HB6 , HB120 , HB210 , HB1458 , HB1188 , HB3126

Committee: Senate Education

Keywords: HB 1022, Sul Ross State University, Rio Grande College, Texas State University System, Education Code, higher education, course levels, upper-level college, lower-division courses, community college-style courses, Del Rio, Eagle Pass, Uvalde, Board of Regents, academic programs, university expansion, HB 2856, Texas Higher Education Coordinating Board, clinical training placements, clinical rotations

Transcript Highlights:

• HB3787 protects families by requiring all lighters sold in Texas to meet basic... ...national safety

Bills: HB854 , HB 1052 , HB1642 , HB2076 , HB3042 , HB3695 , HB3787 , HB4062 , HB4092 , SB213 , SB493 , SB896 , HB5519 , HB4635

Committee: House Insurance

Keywords: insurance, replacement cost, homeowner's policy, renter's policy, condominium insurance, property damage, claims process, telemedicine, teledentistry, telehealth, health benefit plan, insurance coverage, out-of-state services, anxiety, pain management, contraceptive devices, women's health, medical procedures, healthcare, laboratory

Bills: HB854 , HB 1052 , HB1642 , HB2076 , HB3042 , HB3695 , HB3787 , HB4062 , HB4092 , SB213 , SB493 , SB896 , HB5519 , HB4635

Committee: House Insurance

Keywords: insurance, replacement cost, homeowner's policy, renter's policy, condominium insurance, property damage, claims process, telemedicine, teledentistry, telehealth, health benefit plan, insurance coverage, out-of-state services, anxiety, pain management, contraceptive devices, women's health, medical procedures, healthcare, laboratory

Transcript Highlights:

• Members the committee substitute just the sunset safety nets dates to abolish the agencies on September
• Receive training, of course, in injection techniques and safety protocols.
• Given their comprehensive knowledge of facial anatomy and expertise in injection safety dentists are
• Neuromodulators have a well-established safety record when administered by trained professionals.
• I think it's very important, especially safety, like he was just saying fire.

Bills: SB 1113 , SB 1117 , SB 1206 , SB 1460 , SB 1802 , SB 1906 , SB 1917 , SB 2340 , SB 2455 , SB 2680 , SB 2690 , SB 705 , SB 748

Committee: Senate Business & Commerce

Keywords: SB 1113, converter's license, converter license, motor vehicle dealer, auto dealer, vehicle conversion, converted vehicles, direct sales, retail sales, trailer, semitrailer, manufactured trailer, chassis, manufacturer's statement of origin, MSO, Occupations Code, Transportation Code, Texas Department of Motor Vehicles, dealer licensing, general distinguishing number

Summary: The meeting of the Senate Business and Commerce Committee was marked by discussions on several significant bills, with a keen emphasis on legislative updates and committee substitutes. Notably, Senator Blanco presented a new committee substitute for SB2610, which modifies the employee cap from 100 to 250 and extends the update timeline for cyber security programs for small businesses. This substitute was adopted unanimously, reflecting a collaborative agreement among the committee members. Additionally, there were discussions surrounding SB1856 as Senator Crayton provided insights into how stakeholder feedback influenced the bill's committee substitute. The committee ultimately voted in favor, pushing it towards the local and contested calendar, indicating the bill's progression through legislative channels.

Transcript Highlights:

• faced by rural EMS providers and urge the legislature to pass this bill to support the health and safety
• faced by rural EMS providers and urge the legislature to pass this bill to support the health and safety
• of our EMS providers urge the legislature to pass this bill to support the health and safety of our

Bills: SB868 , SB1337 , SB1371 , SB1377 , SB1426 , SB1620 , SB2064 , SB2065 , SJR4

Committee: Senate Finance

Keywords: SB 868, rural volunteer fire department assistance program, volunteer fire department assistance fund, Texas Government Code, wildfire, wildland fire, high-risk wildfire area, fire suppression, rural fire departments, volunteer firefighters, emergency response, public safety, grant allocation, appropriations, disaster preparedness, tax penalties, interest calculation, overpayment, tax law, refund process

Summary: The Senate Finance Committee heard several bills focused on tax administration, transportation, emergency services, historic preservation, forensic training, pension funding, and the state’s rainy day fund. Senate Bill 1337, by Senator Creighton, would require the comptroller to assess penalty and interest only on the net tax due and allow sales and use tax overpayments to offset underpayments more automatically; it was left pending while the author, comptroller staff, and a private witness continued working on the language and fiscal note. Senate Bill 1371, by Senator Hinojosa, would address Corpus Christi transit authority operations, including emergency refueling coordination, fare-setting procedures, and board term limits; it received supportive testimony and was left pending. Senate Bill 1377, by Senator Perry, would create a grant program for rural counties to buy ambulances, with a committee substitute expanding eligible uses in some cases to equipment and setting a sunset date; numerous EMS officials, county representatives, and association witnesses testified in support, emphasizing rising ambulance costs, staffing shortages, and the need for rural emergency coverage, and the bill was left pending after testimony. Senate Bill 868, by Senator Sparks, would direct at least 10% of volunteer fire department assistance funding to high wildfire-risk areas; Texas A&M Forest Service explained the map and methodology, and the committee substitute was adopted. The committee also heard Senate Bill 1426, which would place the First Capitol State Historic Site in West Columbia under Texas Historical Commission stewardship, and Senate Bill 1620, which would create a Texas Forensic Analyst Apprenticeship Pilot Program through the Office of Court Administration to address forensic scientist shortages; both had no opposition in testimony and their committee substitutes were adopted. Senate Bill 2065 would change the Texas Emergency Services Retirement System funding structure to require an actuarially determined state contribution and address the system’s unfunded liability over 30 years; Pasadena fire department representatives testified that the pension is an important volunteer retention tool, and the bill was left pending after testimony. Senate Joint Resolution 4 would raise the Economic Stabilization Fund cap from 10% to 15% of biennial revenue deposits, with a committee substitute correcting the effective date to September 1, 2027; the committee discussed the fund’s current balance and purpose before adopting the substitute. After quorum was established, the committee voted out the measures. Senate Bill 1868, Senate Bill 1371, Senate Bill 264, Senate Joint Resolution 4, Senate Bill 1426, Senate Bill 1620, and Senate Bill 2065 were all reported favorably to the full Senate, with some bills also certified for the local and uncontested calendar. The committee substitute for Senate Bill 868 was adopted and the bill was reported favorably as well. The committee then recessed subject to the call of the chair.

Transcript Highlights:

• measures or address the current deep financial challenges. safety measures or address the current deep
• Home ownership is more than just a roof over your head; it's stability, safety, and legacy.
• On children and families' well-being, neighborhood development, and public safety.
• Instead, we propose a reasonable 3% cap with exceptions only for verifiable health and safety repairs
• Talking about trees seems like a waste of my time, but safety hazards aren't just talked about.

Bills: HF1143 , HF1548 , HF1340 , HF2549 , HF2559 , HF1673 , HF2740 , HF2507 , HF2461 , HF2381 , HF2695

Committee: House Housing Finance and Policy

Keywords: education funding, unemployment aid, special education, Minnesota statutes, appropriations, housing, redevelopment, local government, trust funds, community development, HF1340, housing infrastructure bonds, Minnesota Housing Finance Agency, MHFA, affordable housing, supportive housing, permanent housing, adaptive reuse, area median income, AMI

Transcript Highlights:

• One is safety for the minimum continuing education.
• change every day, so we want to make sure that we're providing our firefighters that education and safety
• in retaining experienced prosecutors who are essential to securing justice and maintaining public safety

Bills: HB173 , HB184 , HB484 , HB678 , HB 1211 , HB1507 , HB1705 , HB1868 , HB2290 , HB2851 , HB2856 , HB3041 , HB3204 , HB173 , HB184

Committee: House Higher Education

Keywords: foreign donations, higher education, public institutions, national security, funding, prohibition, Texas law, healthcare, insurance, affordability, access, public health, foreign influence, education policy, student loan repayment, prosecuting attorneys, border prosecution unit, financial assistance, tobacco, cigarettes

Bills: HB173 , HB184 , HB484 , HB678 , HB 1211 , HB1507 , HB1705 , HB1868 , HB2290 , HB2851 , HB2856 , HB3041 , HB3204 , HB173 , HB184

Committee: House Higher Education

Keywords: foreign donations, higher education, public institutions, national security, funding, prohibition, Texas law, healthcare, insurance, affordability, access, public health, foreign influence, education policy, student loan repayment, prosecuting attorneys, border prosecution unit, financial assistance, tobacco, cigarettes

Transcript Highlights:

• </c><00:42:39.599><c> measures</c><00:42:40.280><c> or</c><00:42:41.000><c> uh</c> Financial um safety
• measures or uh Financial um safety measures or uh address<00:42:41.640><c> the</c><00:42:41.839><c>
• Home ownership is more than just a roof over your head; it's stability, safety, and legacy.
• Talking about trees seems like a waste of my time, but safety hazards aren't just talked about.
• hazards aren't just talked trees safety hazards aren't just talked about<01:13:21.960><c> um</c><01:

Bills: HF1143 , HF1548 , HF1340 , HF2549 , HF2559 , HF1673 , HF2740 , HF2507 , HF2461 , HF2381 , HF2695

Committee: House Housing Finance and Policy

Keywords: education funding, unemployment aid, special education, Minnesota statutes, appropriations, housing, redevelopment, local government, trust funds, community development, HF1340, housing infrastructure bonds, Minnesota Housing Finance Agency, MHFA, affordable housing, supportive housing, permanent housing, adaptive reuse, area median income, AMI

Transcript Highlights:

• This redundant appeals process, of course, delays enforcement. ...enforcement and risks public safety
• This is a cost-effective way to enhance school safety using resources the state already owns.
• The wording prior to that does indicate that it’s coming from the Department of Public Safety. ...to
• I served 24 years with the Texas Department of Public Safety stationed in El Paso.
• Up the current program, the current safety net to be able to do that.

Bills: HB149 , HB252 , HB643 , HB1442 , HB1500 , HB1672 , HB1851 , HB1893 , HB2028 , HB2768 , HB2818 , HB149 , HB252

Committee: House Delivery of Government Efficiency

Keywords: artificial intelligence, regulation, biometric data, ethical AI, consumer protection, AI governance, employment compensation, state agencies, salary payments, general appropriations, government efficiency, public works, contractors, payment bonds, government contracts, construction law, transparency, open meetings, government accountability, public access

Bills: SCR 13 , SCR 24 , SB 1 , SB 12 , SB 15 , SB 17 , SB 24 , SB 57 , SB 65 , SB 213 , SB 371 , SB 372 , SB 378 , SB 379 , SB 388 , SB 400 , SB 402 , SB 427 , SB 495 , SB 499 , SB 502 , SB 509 , SB 535 , SB 583 , SB 610 , SB 621 , SB 650 , SB 706 , SB 740 , SB 840 , SB 854 , SB 856 , SB 875 , SB 893 , SB 918 , SB 925 , SB 974 , SB 995 , SB 1006 , SB 1018 , SB 1025 , SB 1061 , SB 1073 , SB 1106 , SB 1121 , SB 1194 , SB 1252 , SB 1253 , SB 1268 , SB 1300 , SB 1343 , SB 1362 , SB 1447

Keywords: water rights, treaty compliance, Rio Grande, agriculture, drought, international water, Texas water supply, Texas, Israel, trade, investment, partnership, economic ties, technological innovation, bilateral relations, appropriations, budget, state funding, education, healthcare

Transcript Highlights:

• I appreciate your time on this public safety matter and I want to thank you for your leadership.

Bills: SB76 , SB35 , SB116 , SB119 , SB118 , SB129 , SB32 , SB31 , SB115 , SB75 , HB27 , HB40

Committee: Senate Judiciary

Keywords: jury duty, nursing mothers, exemption, legal rights, parental responsibilities, sexual extortion, criminal law, felony, threat, blackmail, SB116, machine gun conversion devices, switches, pistol conversion device, auto sear, firearm accessories, machine gun, automatic weapon, semiautomatic pistol, gun control

Transcript Highlights:

• So be it resolved that on today, May 2026, is officially proclaimed as Motorcycle Safety Awareness Month
• So be it resolved that on today, May 2026, is officially proclaimed as Motorcycle Safety Awareness Month
• So be it resolved that on today, May 2026, is officially proclaimed as Motorcycle Safety Awareness Month
• you to the Capitol and appreciate all the great work that you guys are doing as far as motorcycle safety
• H.R. 96 by Representative Adams provides for urging and requesting the Department of Public Safety and

Bills: HR308 , HR309 , HR310 , HR311 , HR312 , HR313 , HR314 , HR315 , HR316 , HR317 , HR318 , HR319 , HR295 , HR296 , HR297 , HR298 , HR299 , HR300 , HR301 , HR302 , HR303 , HR304 , HR305 , HR306 , HR307 , HCR115 , HCR116 , HCR117 , SCR71 , SCR72 , SCR73 , HR73 , HR118 , HR144 , HR196 , HR237 , HR249 , HR260 , HR267 , HR272 , HR273 , HR276 , HR278 , HCR85 , HCR100 , HCR105 , HCR107 , HCR113 , HCR114 , SCR5 , SCR29 , SCR33 , SCR37 , SCR63 , HB255 , HB378 , HB509 , HB1090 , SB80 , SB131 , SB143 , SB251 , SB254 , SB279 , SB367 , SB384 , SB388 , SB389 , SB398 , SB408 , SB431 , SB468 , SB469 , SB496 , SB25 , SB132 , SB155 , SB157 , SB202 , SB295 , SB433 , HR179 , HR223 , HR225 , HR274 , HCR89 , HR252 , HR253 , HCR96 , HCR103 , HCR108 , HCR26 , HB250 , HB265 , HB339 , HB427 , HB445 , HB463 , HB468 , HB606 , HB639 , HB649 , HB665 , HB746 , HB781 , HB853 , HB861 , HB872 , HB886 , HB916 , HB937 , HB1054 , HB1068 , HB1117 , HB1237 , HB74 , HB108 , HB956 , HB1085 , HB1137 , HB62 , HB193 , HB210 , HB220 , HB246 , HB364 , HB420 , HB475 , HB584 , HB622 , HB772 , HB784 , HB949 , HB953 , HB1043 , HB1070 , HB1092 , HB1134 , HB1162 , HB1176 , HB1196 , HB1214 , HB1199 , SB268 , SB283 , HB782 , SB149 , HR84 , HB646 , HB998 , SB56 , SB163 , SB197 , SB97 , SB326 , SB341 , SB518 , SB123 , SB353 , SB479 , SB495 , HB901 , HR20 , HR74 , HR168 , HCR65 , HCR71 , HCR98 , HB284 , HB302 , HB306 , HB341 , HB366 , HB393 , HB458 , HB577 , HB603 , HB605 , HB614 , HB625 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1191 , HB1240 , HB1255 , SB82 , SB89 , HB134 , HB258 , HB359 , SB29 , SB42 , SB43 , SB217 , SB274 , SB300 , SB379 , SB382 , SB441 , SB449

Keywords: HR 308, House Resolution 308, Pope Leo XIV, Catholic Church, Holy See, Vatican, commendation, resolution, Louisiana Catholic heritage, St. Louis Cathedral, New Orleans, South Louisiana parishes, religious recognition, ceremonial resolution, faith leadership, pontificate, spiritual solidarity, human dignity, peace, mercy

Summary: The House convened with prayer, pledge, and a quorum, then spent much of the day on recognitions and commemorative resolutions. Members honored coach Jeffrey Craig Whittington, tourism and the Louisiana Oil Makers Association, Motorcycle Safety Awareness Month, the Tangipahoa Parish Fair, Washington Parish festivals, ACOG’s 75th anniversary, Louisiana Tech women’s basketball, and Memorial Day. A major Memorial Day presentation commended Lane Frenchy Boudreau for helping recover the body of Army Sgt. First Class James H. Moore in Vietnam; the House observed a moment of silence and presented a flag to Moore’s family. The chamber also received Senate messages, enrolled bills, and committee reports, and introduced several new resolutions on topics including Pope Leo XIV, orphan wells, scenic rivers, Teche water quality, and the LaMelle family’s pilgrimage to Rome. The House then took up numerous resolutions and bills, often adopting them without objection. Among the measures adopted or advanced were studies on neighborhood crime prevention districts, parish solid waste and disaster resiliency in Washington Parish, the Louisiana Climate Action Plan, the Louisiana Maneuvers museum/trail, cash-rounding practices after penny production ends, residential construction costs and inspection practices, roundabout education, Taiwan relations, TSA worker loan assistance in Shreveport, human growth and development standards, and the state income tax credit for water utility customers. The chamber also adopted or concurred in several Senate amendments on bills dealing with financial disclosure, video voyeurism, personal information protections, online child safety, STEM advisory council changes, dual enrollment tuition, fleet vehicle registration, menhaden fishing rules, recording fees, amusement ride insurance, drone footage authentication, garbage and trash contracts, insurance prescription periods, retirement system changes, juror qualifications, fireworks, inspection stickers, employment discrimination, and inactive boards and commissions. Several measures drew discussion or division. H.B. 1199, requiring coverage for genetic testing and treatment for SCN2A-associated disorders, passed 94-0 after being discharged from Appropriations. H.B. 302, which would prohibit vape sales within 300 feet of schools, passed 86-4. H.B. 84, encouraging an interest-free loan program for TSA workers at Shreveport Regional Airport, passed 64-27. H.B. 1054 on self-authentication of law enforcement drone footage passed 78-12, and H.B. 1137 limiting employment discrimination protections to state employees passed 71-23. The House rejected Senate amendments on H.B. 468 (residential real property wholesaling), H.B. 1117 (insurance contractual payments and prescriptive periods), H.B. 956 (fireworks dates), and H.B. 74 (Spectrum Alert for missing children with autism), while concurring in or adopting amendments on many other bills. The session ended amid continued consideration of Senate Bill 56 on the West Bank/Lafitte levee governance structure, including an adopted amendment to ensure Lafitte-area representation on the board, with extended remarks about the history and accomplishments of the existing levee authority.

Transcript Highlights:

• So be it resolved that on today, May 20, 2026, is officially proclaimed as Motorcycle Safety Awareness
• That is officially proclaimed as Motorcycle Safety Awareness Month here in the great state of Louisiana
• you to the Capitol and appreciate all the great work that you guys are doing as far as motorcycle safety
• you to the Capitol and appreciate all the great work that you guys are doing as far as motorcycle safety
• H.R. 96 by Representative Adams provides for urging and requesting the Department of Public Safety and

Bills: HR308 , HR309 , HR310 , HR311 , HR312 , HR313 , HR314 , HR315 , HR316 , HR317 , HR318 , HR319 , HR295 , HR296 , HR297 , HR298 , HR299 , HR300 , HR301 , HR302 , HR303 , HR304 , HR305 , HR306 , HR307 , HCR115 , HCR116 , HCR117 , SCR71 , SCR72 , SCR73 , HR73 , HR118 , HR144 , HR196 , HR237 , HR249 , HR260 , HR267 , HR272 , HR273 , HR276 , HR278 , HCR85 , HCR100 , HCR105 , HCR107 , HCR113 , HCR114 , SCR5 , SCR29 , SCR33 , SCR37 , SCR63 , HB255 , HB378 , HB509 , HB1090 , SB80 , SB131 , SB143 , SB251 , SB254 , SB279 , SB367 , SB384 , SB388 , SB389 , SB398 , SB408 , SB431 , SB468 , SB469 , SB496 , SB25 , SB132 , SB155 , SB157 , SB202 , SB295 , SB433 , HR179 , HR223 , HR225 , HR274 , HCR89 , HR252 , HR253 , HCR96 , HCR103 , HCR108 , HCR26 , HB250 , HB265 , HB339 , HB427 , HB445 , HB463 , HB468 , HB606 , HB639 , HB649 , HB665 , HB746 , HB781 , HB853 , HB861 , HB872 , HB886 , HB916 , HB937 , HB1054 , HB1068 , HB1117 , HB1237 , HB74 , HB108 , HB956 , HB1085 , HB1137 , HB62 , HB193 , HB210 , HB220 , HB246 , HB364 , HB420 , HB475 , HB584 , HB622 , HB772 , HB784 , HB949 , HB953 , HB1043 , HB1070 , HB1092 , HB1134 , HB1162 , HB1176 , HB1196 , HB1214 , HB1199 , SB268 , SB283 , HB782 , SB149 , HR84 , HB646 , HB998 , SB56 , SB163 , SB197 , SB97 , SB326 , SB341 , SB518 , SB123 , SB353 , SB479 , SB495 , HB901 , HR20 , HR74 , HR168 , HCR65 , HCR71 , HCR98 , HB284 , HB302 , HB306 , HB341 , HB366 , HB393 , HB458 , HB577 , HB603 , HB605 , HB614 , HB625 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1191 , HB1240 , HB1255 , SB82 , SB89 , HB134 , HB258 , HB359 , SB29 , SB42 , SB43 , SB217 , SB274 , SB300 , SB379 , SB382 , SB441 , SB449

Keywords: HR 308, House Resolution 308, Pope Leo XIV, Catholic Church, Holy See, Vatican, commendation, resolution, Louisiana Catholic heritage, St. Louis Cathedral, New Orleans, South Louisiana parishes, religious recognition, ceremonial resolution, faith leadership, pontificate, spiritual solidarity, human dignity, peace, mercy

Transcript Highlights:

• We, as the beneficiaries of the safety they provide, need to support these efforts and understand that
• No, that was the safety inspection part. Safety inspection. Okay.
• Clarence Cannon Dam is a perfect example of what I'm talking about, where they already have irrigation

Keywords: 959, house, all

Transcript Highlights:

• We, as the beneficiaries of the safety they provide, need to support these efforts and understand that
• No, that was the safety inspection part. Safety inspection. Okay.
• Clarence Canning Dam is a perfect example of what I'm talking about, where they already have irrigation

Summary: The House convened with prayer, the Pledge of Allegiance, and approval of the prior day’s journal by a 129-0 vote. Members then used points of personal privilege to recognize Law Enforcement Week, discuss personal health and family matters, and honor colleagues, spouses, interns, and guests in the gallery, including students, community members, and a visiting governor from Uzbekistan. The chamber also received Senate messages on House Bill 1871 and House Bill 2818, and fiscal review committee reports recommending passage of several deferred bills, including Senate Bills 953, 1470, and 1871, and House Bill 1940. The House agreed to conference requests on Senate Bills 835 and 1111 and on Senate Bill 1020, the latter a Department of Revenue bill focused on customer service and inspection language. Senate Bill 977 and 1011, dealing with limits on international organizations and foreign law, drew extended debate. Supporters argued the bill would protect Missouri from foreign or international mandates and foreign laws that conflict with constitutional rights, while opponents said such bodies already lack authority in Missouri and warned the bill was unnecessary, politically motivated, and could create problems for forum non conveniens and private arbitration. The bill ultimately passed 99-45. House Bill 1470, revising legislative research and statutory publication procedures, was amended on the floor to remove privacy-sensitive provisions and change a state auditor duty from mandatory to permissive; a later amendment to alter committee composition was defeated 50-94. The bill then passed 148-1. House Bill 1940, the newspaper/public notice bill, was adopted and finally passed 142-1 with two present. House Bill 1871, an elections administration bill, was also taken up with debate over added Senate language, including campaign finance and election testing provisions; discussion continued near the end of the transcript, with no final vote shown before the excerpt ended.

Transcript Highlights:

• We need because of how our manufacturing process, in other words, the water going over the dam, whatever
• They don't, for example, with a dam and that electricity.
• They don't, for example, with a dam and that electricity.

Keywords: 928, house, all

Summary: The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy. Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets. Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.

Transcript Highlights:

• made over the last couple years with a budget that was increased by 40%, but that’s water over the dam
• So, and the last thing I will mention is that $1.3…” the dam at this point and and so um that the dam

Committee: Senate Taxes

Keywords: 1187, senate, all

Transcript Highlights:

• <c> if</c> that you well if if that you well if if um<01:12:24.360><c> Senator</c><01:12:24.760><c> Dam
• </c><01:12:25.199><c> Senator</c> um Senator Dam Senator um Senator Dam Senator Champion<01:12:27.159

Committee: Senate Jobs and Economic Development

Keywords: 1187, senate, all