Transcript Highlights:

• The state only faces exposure if a loan fails and the borrower defaults on a loan.
• assets leading to higher default risks. assets leading to higher default risks.
• default rate. default rate.
• I presume the vast hook if I defaulted.
• If the borrower defaults, the banks don't eat it. The taxpayer takes the loss.

Keywords: 1189, house, all

Transcript Highlights:

• And my second question: what has happened with the recent defaults on the RDOF federal awards for broadband
• handful of those providers in Arkansas that are subject to that separate federal grant program have defaulted
• handful of those providers in Arkansas that are subject to that separate federal grant program have defaulted

Summary: The committee met with a quorum, opened with a prayer recognizing the death of Reverend Jesse Jackson, and then worked through a series of appropriation and transfer requests. In Section B, it approved a $273,000 temporary appropriation for the Department of Labor and Licensing. In Section C, it approved two Infrastructure Investment and Jobs Act requests: $280 million for the Department of Transportation and $195 million for the State Broadband Office to support Arkansas BEAD broadband grants, including an extra help position. Members questioned the broadband awards, provider amendments, buildout timelines, accountability, and the status of unawarded locations; the broadband director said no provider had requested speed changes, awards would be monitored with milestone-based payments, and remaining locations would be addressed later as federal guidance is received. The committee also approved transfers in Section D, including $458,000 for the Department of Correction, $25 million for Department of Education programs such as declining enrollment and teacher incentive funding, and $229,000 for Shared Administrative Services project management support. In Section E, the committee considered a $4.7 million budget stabilization trust fund loan for the Office of State Technology to implement ServiceNow and related IT modernization, cybersecurity, and governance tools. Members pressed agency officials on repayment, cost savings, and whether the loan would simply roll over existing costs; officials said repayment would come through agency rates over a five-year period and that the new payment would be lower than the current loan being retired. The committee voted to give favorable advice to the Governor on the loan request. In Section F, the committee reviewed cash fund requests for wage and hour claims, unclaimed property, and a heritage grant; in Section G, it reviewed a $1.1 million federal grant to expand college and career coaching in rural districts; in Section H, it reviewed pay plan and performance fund requests totaling millions across multiple agencies; and in Section I, it reviewed budget manual formatting changes. The latter part of the meeting focused on reports, especially the Medicaid trust fund. DHS and DFA officials reported the fund balance had declined from prior years and was down to about $394 million after seven months, with further decline expected by year-end. Senators and representatives asked about the appropriate reserve level, the impact of pending Medicaid rules and legislation, FMAP changes, and whether additional funding would be needed in the upcoming budget. Officials said projections are updated regularly, more than 10 rule packages remain pending with CMS, and the governor and legislative leaders will discuss additional capital needs during budget development. Members also discussed the importance of balancing Medicaid spending with new federal funding and maintaining flexibility for critical areas such as labor and delivery. The committee then adjourned without further action on the reports.

Transcript Highlights:

• We will know that for certain before a sunset provision were to expire, but there would be a default
• If the statute would, in fact, be sufficient for a default, is there a reason that you aren't moving
• procedures that facilitate the doing of the agency's business in a way that's superior to the minimum default

Summary: The Joint Administrative Procedures Committee reviewed several agency rules and objections under Chapter 120. First, the committee revisited prior objections to Agency for Health Care Administration rules containing sunset provisions. AHCA’s general counsel said the agency amended 26 of the objected rules but declined to amend five others, arguing sunset provisions are lawful, are not themselves rules, and were consistent with a 2019 gubernatorial directive. Committee members questioned that position, especially for licensing and certificate-of-need rules, and urged the agency to consider legislative changes; no formal action was taken on that item during the discussion. The committee then considered an objection to Department of Management Services Rule 60G-1.001 defining the Governor’s Mansion grounds. Committee staff argued the rule is vague and improperly refers to future land acquisitions without updating the rule since 1998. DMS defended the rule as a general definition tied to publicly recorded property and a master lease, but said it would not object if the Legislature chose to codify the definition in statute. After discussion, the committee voted to file the objection. Members also received informational updates from the Department of Environmental Protection on the Solaris state lands inventory system, and from the Florida Gaming Control Commission on its response to the Tampa Bay Downs unadopted-rule litigation, in which the commission said it has stopped relying on the prior tax interpretation and will not promulgate a rule on that issue. The Department of Business and Professional Regulation said it would remove an unsupported cigar wholesale dealer permit reference, repeal an obsolete excise-tax deduction rule, and amend penalty guidelines and an affirmation in its alcohol, beverage, and tobacco rules. Finally, the Division of Administrative Hearings’ interim director discussed case-processing times, possible changes to ALJ status, and whether the Florida Rules of Evidence should apply in administrative proceedings, emphasizing the need to weigh costs, independence, and impacts on pro se litigants. The chair noted this was likely the committee’s final meeting of the year.

Transcript Highlights:

• In that order, the default position is 345.
• So if we don't come to a conclusion, a consensus on what to do, the default is the status quo, the 3-
• The issue on the default going to 345, is that just a bug? on the Permian? Yes, sir.

Bills: SB 6, SB6, SB504, SB765, SB815, SB929

Keywords: hemp, consumable hemp, hemp-derived cannabinoids, CBD, cannabidiol, CBG, cannabigerol, delta-8, delta-9, intoxicating hemp, hemp gummies, hemp vape, edibles, cannabinoid regulation, hemp licensing, retailer registration, product registration, QR code labeling, child-resistant packaging, minor access

Transcript Highlights:

• AND WE ALSO SAW AUCTIONS WHERE IT APPEARED THAT IT DROVE UP THE BID THEN INTENTIONALLY DEFAULTED.
• THE STATUTORY BID PROCEDURE REQUIRES A NEW SALE WHERE THE HIGH BIDDER DEFAULTS BUT THE SHAM SALE RECOGNIZES

Keywords: 999, senate, all

Transcript Highlights:

• service providers, and local governments can identify patterns in eviction filings and outcomes like default
• For example, we know that over half of tenants in Kern County default, where they lose their cases before
• code-level data, however, tenant advocates could focus outreach efforts on areas with the highest default
• They look at eviction cases, look at where eviction cases are being filed, how many cases end in default
• They look at eviction cases, look at where eviction cases are being filed, how many cases end in default

Keywords: 988, house, all

Transcript Highlights:

• Because the exercise of authority was governmental and set a default of a speech ban that a parent could
• parents were severely abusing them and that reduced the chance of anybody... governmental and set a default
• of a governmental and set a default of a speech<00:20:37.440> ban<00:20:37.679> that<00
• So cutting minors off from social media by default doesn't only deprive them of their ability to engage
• So cutting minors off from social media by default doesn't only deprive them of their ability to engage

Keywords: Meeting start: 00:00 Roll call: 00:05 HB 227 discussion: 01:10 HB 227 voting: 49:38, 958, all

Summary: The committee met with a quorum to consider House Bill 227, a time-sensitive measure focused on social media use by minors. The bill sponsor, Rep. Matt Lockett, and supporters including counsel for Alliance Defending Freedom, the Attorney General’s office, and the Family Foundation argued that social media is addictive and harmful to children, contributes to mental health problems and exploitation, and that the bill would give parents more control while regulating addictive features rather than banning speech. Supporters said the bill is narrowly tailored, content-neutral, and designed to withstand constitutional scrutiny; the Attorney General’s office said it would defend the bill if challenged and described ongoing multi-state litigation against major platforms. One committee member also described seeing inappropriate AI-generated content on a 16-year-old’s phone as an example of the problem the bill seeks to address. Opposition testimony came from the Foundation for Individual Rights and Expression, NetChoice, and the Computer and Communications Industry Association. They argued the bill raises First Amendment concerns because it conditions minors’ access on parental consent, regulates how private platforms communicate with users, and could function as a de facto speech ban. They also warned that the age-estimation requirement could force platforms to collect more sensitive data, creating privacy and security risks, and that the ban on “addictive features” was overly broad and could sweep in personalized feeds, notifications, autoplay, and other common tools. Opponents said the bill could especially harm vulnerable youth who rely on online access for community or safety information and urged the committee to craft a constitutional alternative. During questions, members asked how the state could enforce the law against national companies and were told enforcement would come through the Attorney General within Kentucky and potentially through multi-state litigation. Members also discussed the bill’s practical effects, including advertising revenue from youth users and the need for guardrails to protect children. The discussion continued with questions about the bill’s scope, parental consent, age estimation, and liability provisions, but no final vote or other committee action was shown in the excerpt.

Transcript Highlights:

• Current Massachusetts law also wisely prohibits e-bike use on sidewalks and, as the default condition
• testimony, these bills will allow all types of high-speed e-bikes on sidewalks and dirt trails by default
• That flips the current default, which prohibits these vehicles from sidewalks and dirt trails.
• It will be incumbent upon the towns to restore the default that's in place right now.
• Towns and cities may vote to allow e-bikes on dirt trails. to restore the default that's in place right

Keywords: 995, all

Summary: The Joint Committee on Transportation held a hybrid hearing on 46 bills covering bicycle and pedestrian safety, autonomous and specialty vehicles, street design, and related transportation issues. Chair Jim Arciero and Senate co-chair Brendan Crighton opened the hearing, noted that Senate Bill 2347 was postponed at the sponsor’s request, and explained the hearing procedures. No votes were taken during the hearing. A major portion of testimony focused on autonomous vehicles. Labor representatives from the AFL-CIO, Teamsters, Machinists, and app-based driver organizations opposed bills that would authorize fully autonomous vehicles, arguing they could displace workers, weaken bargaining power, increase congestion, and create safety and data-privacy risks. Waymo and Chamber of Progress supported legislation creating a framework for autonomous vehicles, saying the technology has strong safety results and could improve mobility and economic opportunity, but they opposed provisions requiring a human operator in the vehicle. Transportation and environmental advocates urged stronger oversight, local control, crash-data reporting, and privacy protections before deployment. Several bills on pedestrian and bicycle safety drew support from advocates and affected residents. Testimony backed measures to improve crosswalk timing for slower pedestrians, raise penalties for crosswalk violations, expand truck sideguard and safety-device requirements, and improve roadway marking reflectivity. AARP, MassBike, and other advocates emphasized the need to protect older adults, cyclists, and other vulnerable road users, while some speakers opposed bills expanding e-bike access to sidewalks and natural-surface trails, citing safety concerns. The committee also heard strong support for the Blue Envelope program for drivers with autism and developmental disabilities, with testimony from the Arc of Massachusetts, the Developmental Disabilities Council, families, and individuals describing how the program can reduce misunderstandings during traffic stops and crashes.

Transcript Highlights:

• dated February 3rd, 2026, at 11:40 a.m. specifies that a defendant cannot move to set aside a second default
• judgment that is entered within one year of the prior default judgment.
• dated February 3rd, 2026, at 11:40 a.m. specifies that a defendant cannot move to set aside a second default
• judgment that is entered within one year of the prior default judgment.

Keywords: 1182, all

Summary: The committee first heard HB 2825, which would replace criminal court enforcement for unpaid court debts and incarceration costs with a civil collection framework, eliminating arrest warrants and contempt for nonpayment while preserving the underlying financial obligations. The sponsor and supporters said the bill would reduce cycles of poverty and keep people working. The committee adopted the Blackman amendment, which bars a defendant from setting aside a second default judgment entered within one year of a prior default judgment, and then gave HB 2825 a 7-0 do pass recommendation. The committee then took up HB 2070, an emergency appropriation of $25 million from the state general fund to the Arizona Department of Administration for Gila County flood relief. County supervisors, mayors, a town council member, emergency management staff, and other local officials described severe flooding in Globe, Miami, and surrounding areas, including deaths, destroyed homes and businesses, debris, sediment, damaged roads and utilities, and the need for matching funds to access federal and other grants. Members discussed FEMA denials, federal reimbursement delays, and the difficulty of completing required projects within short timelines. HB 2070 was approved 7-0. The committee also approved HB 2129, which moves the deadline for municipal library trustees’ annual reports from the first Monday in July to the second Monday in July, with supporters saying the change helps smaller and rural libraries after the July 4 holiday. HB 2439, exempting public and semi-public cold plunges from ADEQ water pollution rules, also received a do pass recommendation after testimony that the current rules create confusion and unnecessary costs for businesses. HB 2773, barring Arizona and its entities from assisting the International Criminal Court or using public resources to support ICC enforcement actions, passed 4-3 after debate over sovereignty and constitutional authority. HB 2873, requiring ADOA to share procurement Q&A with all bidders, and HB 2876, requiring topics from executive session and proposed tax or fee increases to be placed on an action agenda, both received do pass recommendations after transparency-focused testimony and some concerns about implementation and municipal practice. Finally, the committee heard HCR 2005, a proposed constitutional amendment requiring the legislature to adjourn sine die by April 30 each year and submit that question to voters. The sponsor argued Arizona sessions have grown too long and that a firm deadline would force earlier, more efficient work while still allowing a special session if the budget is unfinished. Members debated whether the proposal would improve discipline or instead create problems for the budget process, member pay, and legislative workload, with some suggesting a broader conversation about full-time versus part-time legislatures. The resolution was advanced with a do pass recommendation.

Transcript Highlights:

• To a certain extent is that I think when you start these public comment sessions, you have the default
• To a certain extent is that I think when you start these public comment sessions, you have the default
• To a certain extent is that I think when you start these public comment sessions, you have the default
• You start these public comment sessions, you have the default map of what the current map is, and then

Keywords: 1191, senate, all

Transcript Highlights:

• We have not had any defaults with any of the monies that we've made available under the Housing Trust
• We have not had any defaults with any of the monies that we've made available under the Housing Trust
• We have not had any defaults with any of the monies that we've made available under the housing trust
• So I think, by default, they would be here.

Bills: HB70, HB93, HB95, HB139, HB140, HJR4

Keywords: Public Regulation Commission, PRC, utility oversight fund, public utilities, utility regulation, commissioners, commission staff, chief of staff, ethics, Gift Act, revolving door, post-employment restrictions, consumer complaints, telecommunications, pipeline safety, natural gas pipelines, oil pipelines, license fees, regulatory oversight, administrative cleanup

Transcript Highlights:

• the growth of nonpartisan is that this has been inflated because of automatic voter registration default
• This has been inflated because of automatic voter registration default.
• nonpartisan will appear; those will be the people who actually registered as nonpartisan, and those who defaulted
• Registered as nonpartisan, and those who defaulted will be listed as no political party.

Bills: AB534, AB562, AB595, AB597, AB600, SB74, SB226, SB422, SB488

Keywords: election reform, voter accessibility, conditional ballots, voter registration, mechanical voting systems, election audits, voter access grants, provisional ballot, voting technology, AB562, Nevada, Secretary of State, elections, elections management system, HAVA, Help America Vote Act, automatic voter registration, AVR, election technology, state appropriations

Transcript Highlights:

• Last proposed amendments to our rules relate to sworn complaint procedures, including default orders,
• discovery during a sworn complaint proceeding and create a clear process for a person to set aside a default
• discovery during a sworn complaint proceeding, create a clear process for a person to set aside a default
• We have a rule that allows for a set-aside of a default order.

Summary: The Texas Ethics Commission met on March 11, 2025, first in executive session and then in open session. The chair announced that, in light of Texas Attorney General Opinion KP-484, the commission would conform its practices to the opinion and move to repeal tolling rules for sworn-complaint deadlines. The chair also said the commission would dismiss 36 pending sworn-complaint cases in which the 120-day settlement deadline had been exceeded, even though the delay had been tolled under prior TEC rules. The commission then set future meeting dates for June 12 and September 17 and approved prior meeting minutes. The commission adopted a new criminal-referral rule clarifying that, once jurisdiction over a complaint is accepted, commissioners may vote to make a criminal referral. It also adopted revised advisory-opinion rules, with a clarifying amendment from a commenter, and republished proposed changes to the definition of “principal purpose” for political committees after staff recommended a 49 percent political-activity threshold and further public input. The commission published for comment proposed changes to ethics training rules, facial-compliance review procedures, late-filing waiver and reduction rules, and sworn-complaint procedures, including tighter discovery limits, a default-order set-aside process, and removal of tolling language inconsistent with KP-484. It also republished Chapter 28 rules on Speaker-candidate reporting. The commission adopted several advisory opinions. It declined to give an affirmative defense on whether certain school-district communications were political advertising because related litigation had already addressed the issue. It reaffirmed that a House member may use donated district-office space if it is not reimbursable with public funds and was accepted before the contribution moratorium. It also concluded that a judge may use political funds for travel to a Navy-hosted event as a local dignitary, that legislators’ use of a corporate aircraft for a border-region fact-finding trip could be permissible but would likely trigger reporting obligations, that a TCEQ commissioner’s revolving-door restrictions apply only to matters actually placed before the commissioner, and that a part-time legislative staffer may not take outside employment assisting a registered lobbyist. The commission then heard and acted on numerous fine-waiver appeals, granting several full waivers or reductions and approving staff recommendations on others, and terminated a number of inactive campaign treasurer appointments. Finally, the executive director briefed the commission on the 2025 legislative session, noting that staffing requests are tied to Sunset recommendations and that the House had preliminarily recommended about half of the commission’s appropriations requests.

Transcript Highlights:

• By default, it is on. Uh, it is possible to turn it off.
• <05:29:22.320> in expected to become the new default in expected to become the new default
• Uh it is possible >> By default, it is on.
• Eversource, in its role as an electric distribution utility, offers default service to its customers.
• It would likely impact our ability to conduct default service solicitations as required by the Public

Keywords: 1189, house, all

Transcript Highlights:

• think a point was made before: if it's not clear, according to NCBC, when or if a donor's chosen surrogate

Summary: The committee heard a personal privilege update on HB 1227, which Representative DeWitt said would return next week as a proposed HCR for a two-year study of the three-doctor panel after discussions with Dr. Nia Colotta. Better Louisiana also presented its new Leadership Louisiana Health Fellows Program, describing it as a data-driven leadership initiative focused on health care workforce, rural access, chronic disease, and other system issues; members discussed whether the program could also help generate policy research, including on managed care organizations. The committee then considered SB 427 on anatomical gifts. After adopting technical amendments, Senator Presley and Dr. Jeff White explained that the bill would strengthen organ donation law by creating a decision registry that records both yes and no choices, clarifying the legal effect of refusal, and codifying ethical principles such as the dead donor rule. Questions focused on organ viability, registry procedures, minors, and a Monroe case involving a disputed donor designation. Supporters included LOPA and the Louisiana Conference of Catholic Bishops, and the bill was reported favorably. HB 946, dealing with hospital price transparency and compliance with federal pricing rules, drew extensive testimony. Representative Landry and a witness from Patient Rights Advocate described it as a consumer transparency measure, but the Louisiana Hospital Association opposed the bill’s state-level enforcement and debt-collection provisions. Landry offered an amendment removing the debt-collection and affirmative-defense language, but after debate the substitute failed on a 5-6 vote and the bill was voluntarily deferred. The committee also reported favorably on SB 109, which revises membership qualifications for the Louisiana Emergency Medical Services Commission; SCR 20, urging federal flexibility on Medicaid redetermination for elderly and disabled beneficiaries; SB 216, allowing coroners to rely on licensed practical nurses for medical pronouncements of death; and SB 45, exempting certain gratuitous hospice houses from licensure, with testimony from hospice house operators and supporters. Finally, HCR 71 by Representative Chasson sought an LDH study of how Louisiana’s law and guidance on pregnancy-related emergency medications is working in hospitals, urgent care, and retail settings. Supporters said providers are hesitant to use medications such as misoprostol because of stigma and uncertainty, while opponents from Louisiana Right to Life argued the resolution was unnecessary and could create controversy. The discussion centered on whether the study should be narrowed or made more objective, but no final action on the resolution was reached in the portion provided.

Transcript Highlights:

• would not be a public meeting that needs to be noticed in the calendar and held in this room or its surrogates

Keywords: 928, house, all

Summary: The Family Court Subcommittee of the Children and Family Law Committee convened under Chairman Mark Pearson to continue work begun by the prior special committee on the family division of circuit court. Pearson emphasized a collaborative, consensus-based approach with the judiciary and said the subcommittee would build on earlier “low-hanging fruit” reforms while tracking how prior changes are actually working. He also explained that the subcommittee would likely form smaller working groups, with informal meetings allowed so long as they stayed within open-meeting limits. The main policy focus was House Bill 652, which was retained by the committee, along with broader questions about what additional changes family court should make. Members divided the work into two broad areas: pre-trial and trial issues. Pre-trial topics included alternative dispute resolution, mediation training and supervision, counseling/therapy for litigants with issues such as PTSD, and improving materials for pro se litigants, including New Hampshire Bar forms and instructions. The committee also discussed whether to use input from prior testimony, former litigants, other states, and legislative researchers, and whether some of the work should be assigned to two-person subgroups to allow flexible research and outreach. For trial-related issues, members identified additional training for family court judges, whether judges should be dedicated solely to family court, and how to handle the overlap between civil and criminal matters, especially domestic violence and divorce cases. Representative Raymond raised concerns about courtroom recordings and whether judges’ behavior and record preservation were adequate; Aaron Kan of the court system responded that circuit court recording practices and staffing had not changed, that circuit court lacks the court monitors used in superior court, and that resource limits prevent similar staffing. Raymond also raised the cost of obtaining trial transcripts for pro se litigants; Kan explained that transcripts are produced by private vendors because the court system no longer employs court reporters, and that the fees reflect that outsourced service rather than a court-imposed markup. No votes were taken, and the meeting ended with plans to continue gathering information and assigning subtopics for further study.

Transcript Highlights:

• otherwise customer generator will otherwise otherwise<00:35:26.800> take<00:35:27.000> default
• take default Supply service from<00:35:28.200> the<00:35:28.280> distribution<00:35:29.040
• through a consultation process would be outside the statutory authority of another agency, and by default
• to Dees for review if they have default to Dees for review if they have their<01:45:00.400> own
• but say that that would be a a default but say that that would be a a default unless<01:53:05.159

Keywords: 1191, senate, all

Transcript Highlights:

• We're not responsible for the debt if they default.
• And if they do default, they lose their privileges with the co-owned asset.

Bills: HB3484, HCR112, HCR125

Keywords: border municipalities, agreements, funding eligibility, infrastructure, intergovernmental cooperation, REAL ID, travel document, border crossing, Texas, U.S. citizens, Western Hemisphere Travel Initiative, defense innovation, national security, U.S. Army Futures Command, military technology, economic growth, 1184, house, all

Transcript Highlights:

• had also seen auctions where it appeared that a sham bidder drove up the bid, then intentionally defaulted
• The statutory bid procedure requires a new sale where the high bidder defaults, but the sham sale recognized

Summary: The Appropriations Committee on Criminal and Civil Justice met to review its proposed fiscal year 2025-2026 budget, totaling about $7.6 billion. The chair highlighted funding for the Department of Corrections, including health services, food inflation, and prison population growth; the Department of Juvenile Justice for residential beds and higher food/medical costs; FDLE for a law enforcement apprenticeship program and officer wellness services; justice administration for court-appointed attorney rates and VOCA shortfalls; major IT projects; and court operations, including funding for 29 new judges. Members asked about where the new judgeships would go and whether staffing would accompany them, and staff said the judge positions would be listed later in a conforming bill and that associated court staff were included, but not additional state attorney or public defender staffing. Several members also asked whether the budget addressed pay and staffing shortages in state attorneys’ and public defenders’ offices, and staff said those decisions had not yet been finalized. The committee then heard public testimony from several speakers who urged more funding for prison safety, medical care, and oversight. Speakers described personal experiences involving deaths or serious harm in correctional facilities and jails, alleging inadequate medical treatment, excessive force, isolation, and failures to investigate. One speaker said her son died after being beaten and denied timely medical care in a correctional facility; another said her son was not receiving adequate health care at Charlotte Correctional; and another described her brother’s death in the Marion County Jail after repeated tasing and pepper spraying. The committee adopted a motion allowing staff to make technical adjustments and then approved the committee’s budget proposal as a recommendation to the full Senate Appropriations Committee. The committee also took up CS for CS SB 48 on alternative judicial procedures and foreclosure sales. Senator Garcia offered an amendment to standardize judicial sales, increase transparency, limit preferences in bidding, preserve public notice requirements, restrict plaintiff credit bids to the amount of the judgment unless a deposit is posted, and prevent deviations from statutory timelines and procedures from being hidden in court orders. Garcia said the bill was intended to close loopholes and protect homeowners, especially condominium owners, from unfair foreclosure practices. A representative for Auction.com said similar laws have been used in other states and offered to provide data. After debate, the amendment was adopted, and the bill passed the committee favorably on a roll call vote.

Transcript Highlights:

• <00:58:55.520> provisions Bill 52 relative to default provisions Bill 52 relative to default
• :59:46.079> This<00:59:46.319> bill<00:59:46.640> addresses<00:59:47.440> default
• This bill addresses default concepts.
• <01:00:01.440> terms<01:00:01.680> in the bill amends certain default terms in the
• Without this backstop of the proposed default language, a settlor's goals might be frustrated with the

Keywords: 928, house, all

Summary: The committee first held a public hearing on Senate Bill 25, which would allow state-chartered credit unions to compensate board members if the membership approves it. Prime sponsor Senator Dan Innis said the bill is enabling only, intended to help credit unions recruit and retain qualified directors and align New Hampshire with other states that already allow such compensation. Credit union representatives from the Cooperative Credit Union Association and St. Mary’s Bank supported the bill, saying board service has become more complex because of cybersecurity, asset-liability management, and other regulatory demands, and that compensation could be modest and take forms such as meeting fees or educational reimbursement. In response to committee questions, they said compensation would be set by the membership, disclosed in advance, and subject to bylaws and internal policies; they also noted that board members must be credit union members and that voting procedures vary by institution, with some using mailed ballots rather than proxy voting. Members raised questions about why credit union boards were historically excluded, what kinds of compensation were contemplated, whether there would be a cap, and how voting and confidentiality would work. Testimony explained that the historical rationale was the nonprofit, volunteer mission of credit unions, but witnesses argued that the modern environment and competition for talent justify a change. They also said the bill would not mandate compensation and would not create a salary structure comparable to banks, but would allow members to approve modest compensation or reimbursements. After no further testimony, the chair closed the public hearing on Senate Bill 25. The committee then opened a public hearing on Senate Bill 26, sponsored by Senator Howard Pearl, concerning the definition of deposits in land sales and escrowed accounts. Pearl said the bill would clarify that buyer funds for upgrades and luxury items in new-home construction are not treated as refundable deposits that must be held in escrow, arguing that the current Attorney General interpretation raises builder costs, increases home prices, and can limit buyer choices. He said the proposal would allow those upgrade funds to be paid directly to builders for construction, with signed disclosures making clear that the buyer requested the items and bears the risk if financing falls through. The hearing on Senate Bill 26 had just begun when the transcript ended.