Video & Transcript : 'reversion clause' :

Page 17 of 364
WA
Transcript Highlights:
  • They have requirements like maintenance requirements and insurance clauses, et cetera.
  • We have shared appreciation mortgages because we also have reverse mortgages.
  • They've already applied in other areas for closure, but also in reverse mortgages.
  • They may not be old enough to qualify for a reverse mortgage.
  • Our understanding, however, is that their position is that the HESA product is not a reverse mortgage
Summary: The committee first held a work session on cryptocurrency kiosks, with the Department of Financial Institutions and Spokane City Council describing how virtual currency kiosks operate, where they are located in Washington, and the rapid growth in transaction volume. DFI said the machines are being used heavily in scams, especially against older and vulnerable consumers, and cited FBI fraud data showing substantial losses. DFI outlined possible consumer protections in pending legislation, including stronger disclosures, a $1,000 daily transaction limit, and a fee cap. Spokane City Council described its unanimous ordinance banning new kiosks and requiring removal of existing ones, citing local scam reports and the difficulty of recovering funds once they are sent through crypto wallets. Committee members asked about how the machines are used, whether the hardware itself is vulnerable, and whether stronger warnings or screening requirements could help. The committee then reviewed home equity sharing agreements, or CHISAs/HESAs, following a legislative report. The report’s author said these products provide homeowners a lump sum in exchange for a share of future home value or appreciation, with no monthly payments, but can be difficult for consumers to understand and can produce highly variable settlement costs. The report found the market has grown quickly in Washington, that many consumers using the products had financial hardship, and that many did not fully understand how settlement amounts were calculated. DFI said it views the products as mortgage-like and is moving forward with rulemaking, including counseling and clearer disclosures. Industry representatives said the products are equity-based rather than debt-based, support access to home equity for people who may not qualify for traditional loans, and said they are working with DFI on standardized disclosures, counseling, and annual settlement estimates. Senators raised concerns about consumer understanding, cost caps, and whether the products should be treated as mortgages under state law. In the final work session, the committee heard an overview of Washington’s space economy from Amazon Leo, Blue Origin, Stoke Space, Space Northwest, and Green River College. Speakers highlighted major investments in Washington facilities, manufacturing, testing, and workforce training, and described the state as a hub for aerospace and satellite activity. They emphasized job creation, supply-chain spending, and education partnerships, including technician certification and apprenticeship-style programs. Several speakers urged the legislature to expand tax incentives to include space companies, support grants and workforce programs, and consider a state space commission or similar long-term coordination effort. The committee thanked the presenters and noted time constraints before ending the hearing.
TX

Texas 89th Regular

Senate Session (Part II) Sep 3rd, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • The Interstate Commerce Clause of the United States Constitution, Article 1, Section 8, Clause 3, provision
  • And third, it violates the due process of law clause of the United States Constitution, 14th Amendment
  • But bills like this reverse so much of the efforts of senators. Senate Bill 31.
  • will be held accountable for what you heard tonight, that somehow violated the Interstate Commerce Clause
  • Western civilization and it's been upheld time and time again under the 14th Amendment, the Due Process Clause
Bills: SB 8 , SB 1 , SB 2 , SB 5 , SB 10 , HB27 , HB7 , HB17 , HB1 , SB 9 , SB 7 , SB 17 , SB 4 , HB20 , HB18 , HB7 , HB17 , HB1 , HB20 , HB18 , SB9 , SB7 , SB17 , SB4 , SB1 , SR85 , SR87 , SB8 , SB5 , SB2 , SB10 , HB27
CA

California 2025-2026 Regular Session

Senate Housing Committee Jan 6th, 2026

Housing

Transcript Highlights:
  • We'll still keep putting those clauses in later on, but the cities and counties don't have the authority
  • And for urgency clauses, we have come to expect ourselves to write the why. Why is the bill urgent?
  • that you look at between now and Local Government and beyond: can the matter-of-statewide-concern clause
  • This follow-up legislation is not about gutting the bill or reversing all the decisions the legislature
  • I'm glad to see that there's an urgency clause in here because we need to correct this as quickly as
Committee: Senate Housing
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 2/24/26

Education Finance

Transcript Highlights:
  • Stum said that, on the bill summary, it reprints the language of clause 7 of the safe schools revenue
  • She added that if a school already has the items in clause 7 but still needs an SRO or mental health
  • Stum explained that the bill summary reprints the language of clause 7 of the safe schools revenue.
  • </c><00:52:36.960><c> In</c><00:52:37.200><c> reverse.</c><00:52:38.160><c> Sorry.
  • In reverse. Sorry. Um, as &gt;&gt; Oops. Sorry. In reverse. Sorry.
Bills: HF3492 , HF3493 , HF3494 , HF3495 , HF3602
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Monday, April 27, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • Pursuant to clause 12A of rule one, the Chair declares the House in recess until 2 p.m. today.
  • Pursuant to clause one of rule one, the journal stands approved.
  • The House will clause six of rule 20.
  • :30:49.359><c> recent</c> bill wouldn't reverse the recent bill wouldn't reverse the recent ill-advised
  • Pursuant to clause 8 of rule 20, further proceedings on this question will be postponed.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 118 May 12th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • So this definitely needs a sunset clause.
  • Safety clause... Section 12. Safety clause.
  • Um, we ran various severability clause amendments during special session.
  • They made some technical changes to modify the enforcement clause at CDPHE's request.
  • SP26184 erodes the purpose of the cancer trust by reversing these savings and...
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 27th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • I move to amend House Bill 2961 by restoring the title and enacting clause.
  • Restores title and acting clause with appropriate signatures.
  • I move to amend House Bill 3972 by restoring the title and an acting clause.
OK
Transcript Highlights:
  • central purchasing that covers all of the state and its subdivisions, and we are removing reference to reverse
  • We are again repealing the reverse bidding language and then in 3417, we are creating the reverse bidding
WA

Washington 2025-2026 Regular Session

House Floor Session Mar 10th, 2026 at 06:30 am

Washington House Floor Meeting

Transcript Highlights:
  • What this amendment would do would be to totally reverse this.
  • bill, and replaces it with a referendum clause.
  • it with a fairly standard referendum clause.
  • I think we should strip that necessity clause.
  • Speaker, we do that in a lot of policy by not invoking an emergency clause or necessity clause, whatever
ID

Idaho 2026 Regular Session

Legislative Session Day 53 Mar 5th, 2026

Idaho House Floor Meeting

Transcript Highlights:
  • helps fill a need for our small communities while still protecting the intent of the anti-nepotism clause
  • And I would just assume, through natural deduction, that they would use the same process just in reverse
  • There are numerous whereas clauses and a lot of information proving that point.
  • There are numerous whereas clauses and a lot of information proving that point.
  • There are many whereas clauses and affiliations. So these two organizations have to be recognized.
CA

California 2025-2026 Regular Session

Assembly Appropriations Committee Aug 13th, 2026

Transcript Highlights:
  • SB 955, Blakespear, reverse vending machines, due pass as amended to modify the supermarket sales threshold
  • as amended to apply civil and criminal liability provisions to electronic data and add an urgency clause
  • as amended to apply civil and criminal liability provisions to electronic data and add an urgency clause
  • Wiener, civil rights, due pass as amended to clarify qualified immunity defenses and add severability clauses
Summary: The Assembly Appropriations Committee held its August 13, 2026 suspense-file hearing on Senate bills, with the chair opening by thanking staff and recognizing consultant Jennifer Swenson’s retirement after 30 years in the Legislature. The committee explained that it was weighing the fiscal impact of 293 bills and that some would move forward while others would be held because of cost, duplication, or competing budget priorities. The committee then took up the suspense file in alphabetical order and acted on a large number of measures, sending many to the Assembly floor as due pass or due pass with amendments. Examples included bills on battery recycling, wildfire resilience loans, mobile home park disaster assistance, price gouging, veterans’ property tax exemptions, housing and insurance issues, energy and utility regulation, election procedures, criminal justice, health care, education, housing, environmental protection, and artificial intelligence. Many bills were amended to narrow scope, delay implementation, add reporting requirements, clarify definitions, or reduce costs; others were held in committee. Among the notable actions, several bills were advanced on roll calls while others were held, including measures related to water quality, utility rate information, juvenile detention, CARE Court, and various housing and energy proposals. The committee also moved a number of sunset and technical cleanup bills, and several members requested to be added as principal or joint authors on amended measures. At the end of the hearing, the chair noted that the committee had moved a large number of bills to the Assembly floor, usually with amended language, and that the amended versions would be posted online. The hearing then adjourned.
ND

North Dakota 2025-2026 Regular Session

Senate State and Local Government Apr 10th, 2025 at 09:00 am

State and Local Government

Transcript Highlights:
  • I may have those reversed, but you'll see a little bit of language struck with relationship to power
  • So now I think the next clause is where we need to generic it up a little bit.
  • Let me preface that with the if clause.
  • If clause, it says, in the event that the non-grandfather plan makes it all the way through, there will
Summary: The State and Local Government Committee met to reconsider and amend House Bill 1165, which dealt with petition circulation requirements and ballot receipt rules. The committee walked through technical changes requested by the Secretary of State’s office, including moving petition-title language, adding a 15-business-day submission deadline for petition packets, and revising language related to mailed absentee ballots and the presidential executive order requiring ballots to be received by election day rather than merely postmarked. The State Election Director explained that the change was intended to provide clarity and consistency for voters and election officials, while Senator Braunberger objected that it was an unnecessary reaction to an executive order that could be challenged. The committee adopted the amendment 5-1 and then passed the bill as amended on a 5-1 vote, with Senator Braunberger voting no. The committee then took up House Bill 1307, which concerned election authority, home rule powers, and related city and county petition/signature provisions. After questions from members and clarification from the Deputy Secretary of State and a League of Cities representative, the committee agreed the amendment was intended to preserve city petition power and align the bill with changes made in another election bill, while also addressing park district language. The amendment was adopted 6-0, and the bill was passed as amended 6-0. Senator Castaneda was designated as the carrier. Finally, the committee discussed House Bill 1580, a study bill on state employee compensation. Members used language from an earlier draft tied to health plan changes and broadened it to study total rewards compensation, including pay grades, classifications, comparisons among state employees across departments and with similar private-sector jobs, equity funding and bonuses, prevailing wages on state projects, and the impact of changes to health plan benefits and premium structures. The committee agreed to make the language more generic and adopted the amendment 6-0, then passed the bill as amended 6-0. House Bill 1601 was not acted on and was held until after floor session so members could continue discussions and await additional input.
WA
Transcript Highlights:
  • Do you intend to—my name's Carlina with the Center Square—do you intend to attach an emergency clause
  • Well, the question was around whether or not the bill is significant enough to attach an emergency clause
  • So an emergency clause to make sure that we're mitigating the impacts that have already taken effect
  • So an emergency clause to make sure that we're mitigating the impacts that have already taken effect
  • own, but Amazon can’t, has a very difficult time providing the value that you would like to see in reverse
Summary: State Rep. Shaun Scott and supporters held a press event promoting the proposed Well Washington Fund, a new dedicated account intended to raise about $3 billion annually through a corporate payroll tax on wages above $125,000. Scott said the fund would help Washington respond to federal austerity policies and protect programs at risk from H.R. 1 and related Trump administration cuts, especially in housing, health care, higher education, cash assistance, and wildfire response. He also referenced related revenue ideas, including restoring wildfire mitigation funding by ending a bank tax break and allowing counties to raise corporate taxes. Several speakers testified in support of the proposal. Michelle Thomas of the Washington Low Income Housing Alliance warned that federal housing policy changes could put more than 5,000 people at risk of losing housing and said the state needs progressive revenue to address evictions and homelessness. Christina Savitsky, a disabled veteran, described how Medicaid, food assistance, and housing cuts would affect her family and said recertification and work requirements would be difficult to meet. University of Washington faculty representatives said federal cuts are threatening teaching, research, nursing and public health workforce training, and hospital funding. Fatima Boxwala of Tech for Taxes and Mikey Stramskis of the Washington Federation of State Employees argued that large corporations and wealthy residents should pay more to support public services. In a question-and-answer session, Scott said the bill’s urgency could justify an emergency clause and argued that voters had already endorsed taxing the wealthy in the 2024 capital gains referendum. He rejected concerns that the tax would drive jobs away, saying corporations already shed jobs and invest in automation, while public services and affordability are what attract residents and businesses. He said he had held encouraging conversations with some lawmakers and a credit union lobbyist, but not with major corporate interests, and urged passage of the bill in the 2026 session.
WA
Transcript Highlights:
  • Do you intend to—my name's Carlina with the Center Square—do you intend to attach an emergency clause
  • Well, the question was around whether or not the bill is significant enough to attach an emergency clause
  • So an emergency clause to make sure that we're mitigating the impacts that have already taken effect
  • So an emergency clause to make sure that we're mitigating the impacts that have already taken effect
  • but that Amazon can’t, has a very difficult time providing the value that you would like to see in reverse
Summary: The meeting was a press conference and Q&A led by Rep. Shaun Scott to promote the proposed Well Washington Fund, a new dedicated account intended to raise about $3 billion annually through a corporate payroll tax on wages above $125,000. Scott said the bill would help offset expected federal cuts under Trump-era policies and support programs most at risk, including cash assistance, higher education, health care, housing, and wildfire mitigation. He also referenced two related proposals: restoring wildfire mitigation funding by ending a tax break for large banks, and allowing counties to raise corporate taxes. Several advocates and affected residents testified in support of progressive revenue. Michelle Thomas of the Washington Low Income Housing Alliance warned that federal homelessness policy changes and state underinvestment could worsen homelessness and evictions. Christina Savitsky, a disabled veteran, described how Medicaid, food assistance, and work requirements would affect her family. Representatives from the University of Washington AAUP said federal cuts and Medicaid changes threaten teaching, research, workforce training, and hospital finances. Fatima Boxwala of Tech for Taxes and Mikey Stramskis of the Washington Federation of State Employees argued that large corporations and the wealthy should pay more to sustain public services and address understaffing, burnout, and service backlogs. In the Q&A, Scott said the bill may need an emergency clause to make it referendum-proof and argued that the legislature has a mandate to act, citing the 2024 capital gains tax referendum and the state’s regressive tax system. He acknowledged concerns about businesses leaving but said he was more concerned about working people being displaced by unaffordable housing, child care, and health care. No vote or formal committee action occurred; the event was a call for a hearing in the House Finance Committee in 2026 and for legislative passage in both chambers.
OK

Oklahoma 2025 Regular Session

Agriculture Oct 28th, 2025

Agriculture

Transcript Highlights:
  • Um, with respect to Senate Bill 3, you know, there was a grandfather clause in there that would have
  • My question is, I know that reverse osmosis is available to a lot of people in various places.
  • Yes, so reverse osmosis is a highly effective treatment process.
  • When you start looking at a municipality, a real water district using reverse osmosis, they have to be
  • , we do see... it, uh, when you start looking at, uh, a municipality, a real water district using reverse
Committee: House Agriculture
Summary: The meeting focused on the use of biosolids on farm and ranch land, with testimony from Oklahoma State University experts, a conservation official, and an engineering representative about the benefits, risks, and regulatory implications. Dr. Lusk described OSU’s long history of soil fertility research and said biosolids can provide nutrients and organic matter, but also may carry contaminants such as PFAS, heavy metals, pharmaceuticals, microplastics, and pathogens. He emphasized that many questions remain unanswered, especially about contaminant uptake into soil, crops, livestock, and humans, and said existing EPA and Oklahoma DEQ regulations address some treatment and application standards but may not fully cover PFAS. Dr. Arnell expanded on nutrient management, explaining that biosolids can function similarly to manure as a fertilizer source, especially for nitrogen and phosphorus, but should be tested, incorporated into soil, and applied under permit conditions to reduce runoff and other losses. He said PFAS testing methods are not yet standardized and that more research is needed to determine sampling protocols, movement in soil, and long-term effects. Committee members asked whether farmers and ranchers should be notified of risks, whether PFAS is currently tested, how many counties use biosolids, and what research would be needed for a dissertation-level study. The witnesses generally agreed that landowners should be informed of known risks and uncertainties, but said the science is still developing. Dr. Arnell said a unified testing method is needed before reliable PFAS monitoring can be done, and suggested that a multi-year study would be required to understand soil movement, crop uptake, and livestock impacts. Greg Scott of the Oklahoma Conservation Commission framed the issue as a waste-management problem, noting that human waste streams contain contaminants and that soil type affects how pollutants move; he said sandy soils pose greater movement risks than clay soils and that current best practice is incorporation, careful timing, and avoiding steep or sensitive sites. He also said PFAS are widespread and not naturally occurring in the way some other compounds are, and that liability and cleanup costs are major concerns. Mary Elizabeth Mock of Garver Engineering focused on the practical and financial consequences of a possible moratorium on land application, saying most of Oklahoma’s biosolids are currently land applied and would otherwise have to go to landfills. She warned that many landfills are nearing capacity, tipping fees could rise sharply, and cities such as Tulsa and Norman could face large increases in disposal costs, which would ultimately be borne by ratepayers and taxpayers. She also said septic system maintenance costs could rise if land application options shrink, potentially leading to deferred maintenance and system failures. Mock urged a tiered, data-driven approach to PFAS regulation and said advanced treatment technologies may help in the future, but they are still emerging and expensive. No votes were taken; the session consisted of presentations and member questions.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, February 12, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • Another rule that's up for reversal is the CFPB regulation capping bank overdraft fees at $5.
  • </c><05:47:23.120><c> is</c> another rule that's up for reversal is another rule that's up for reversal
  • And we've had a few changes that have allowed us to reverse this decades-long trajectory.
  • “Say if you’re afraid to vote on them, you’re going to stick them in this midnight rules reversion.
  • But this is midnight rules reversion.
Bills: HR77
AZ
Transcript Highlights:
  • If you have a roommate, that is why there is a roommate clause, a whole section to outline how that happens
  • It also, these pregnancy centers have been involved with controversy in trying to reverse mifepristone
  • I believe the clause does continue to also include knowing that a vulnerable adult is residing within
Summary: The meeting was a caucus review of a long list of bills on Minority Caucus Calendars 8 and 9, with members briefly noting whether measures were unanimous, on consent, or had split votes. Topics included appropriations for homeless veteran shelter services (HB 2620), the Veterans Court Program grant fund (HB 2960), municipal improvement districts (HB 4064), a memorial measure (HB 2079), child care grants (HB 2239), midwife medication administration and advisory committee changes (HB 2251), home and community-based service provider funding (HB 2403), EMS reciprocity (HB 2437), prescription monitoring (HB 2434), electronic monitoring in health care facilities (HB 2914), pregnancy resource center funding and restrictions (HB 2229), limits on police transport of mental health patients (HB 2404), Access coverage for mild obstructive sleep apnea treatment (HB 2726), school district spending and teacher pay requirements referred to the ballot (HCR 2007), mobile home park operator training (HB 2199), local government investment pool oversight (HB 2344), task order contract website posting (HB 2445), tourism improvement areas (HB 2950), ambulance certificate reporting (HB 2402), short-term rental occupancy rules (HB 2429), ASRS retirement rules for elected officials (HB 2505), trespass penalties after eviction (HB 2047), post-nuptial agreement enforcement (HB 2861), civil rights board continuation (HB 2931), and utility replacement plant siting (HB 2389). Members also discussed child welfare and family law bills on Calendar 9, including kinship foster placement (HB 2035), neglect standards based on financial resources (HB 2041), family court evidence (HB 2968), DCS response to abuse reports (HB 4004), prostate cancer insurance cost-sharing (HB 2617), mental health hearing technology (SB 1242), optometrist prescriptions (SB 1023), behavior analyst regulation (SB 1145), assisted living occupants (SB 1247), manufactured home installer licensing and fingerprinting (HB 2868), supervised parenting time (HB 2615), unlawful entry involving vulnerable adults (HB 4136), uranium contamination monitoring funding (HB 2889), a gas and petroleum refinery study committee (HB 4025), and veteran state park fee exemptions (HB 2165). Several members raised policy concerns on bills involving privacy, rural transportation capacity, environmental review, pregnancy centers, and funding priorities, while others noted support or that amendments had addressed earlier issues. No formal roll-call votes were taken in the transcript itself; the chair mainly recorded whether bills were unanimous, consent, or split and whether any should be taken off consent or discussed further. The meeting ended with announcements about an upcoming CAP breakfast, a Latino Caucus meeting, and an Affordability Award presented to Representative Volk before adjournment.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, June 2, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • </c> urging the agency to immediately reverse urging the agency to immediately reverse it<00:15:37.760
  • Pursuant to clause &gt;&gt; So that's it for now.
  • to under clause six of rule<02:37:04.800><c> 20.
  • Pursuant to clause 8 nays are ordered.
  • Further proceedings clause A to rule 20.
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Jan 15th, 2026

Judiciary

Transcript Highlights:
  • the market, but it would not exempt any future products, which essentially creates a grandfather clause
  • , who's been scammed, they get a significant amount of information and the ability to potentially reverse
  • ..who's been scammed, they get a significant amount of information and the ability potentially to reverse
  • data from their DOJ's 2025 report shows that when they got enough information, they were successful reversing
  • And they are in a unique position to be able to reverse those transactions.
Committee: House Judiciary
ID

Idaho 2026 Regular Session

Feb 26th, 2026

Health and Welfare

Transcript Highlights:
  • times that somebody signs up with a health insurance plan and understands and knows that it has this clause
  • times that somebody signs up with a health insurance plan and understands and knows that it has this clause
  • in and understands and knows that it has this clause in it, allowing copay accumulators to give them
  • with that insurance company, they changed their mind and said, oh, actually we do, and went and reversed
  • with that insurance company, they changed their mind and said, oh, actually we do, and went and reversed