Transcript Highlights:

• local bonds, and they can also raise developer fees.
• Charter schools can't raise local bond funding. They're often excluded from local bond revenues.
• They're locked out of the bond program altogether.
• of the state facility bond program.
• We ask that members of the public limit their comments to one minute.

Summary: The Assembly Education Committee first heard two bills. AB 1665 by Assemblymember Pacheco would require school sports coaches to complete approved mental health training. Supporters said coaches are trusted adults who are often first to notice student-athlete distress, and a witness described personal experience with body image and disordered eating pressures in athletics. There was no opposition, and the bill was moved out of committee on a due pass as amended motion to Appropriations, ultimately passing 9-0 after add-on votes. AB 2316 by Assemblymember Hoover would allow charter schools to apply for the same financial hardship relief in the state school facilities program that traditional districts can seek. Supporters argued this would improve parity and help smaller and low-income charter schools access permanent facilities; some initially opposed agencies said their concerns were addressed by amendments. The bill also passed unanimously, 9-0, to Appropriations. The committee then took up a consent calendar containing 12 additional measures, including bills on education funding, facilities, and other school-related matters, plus a resolution. Those items were approved on a 7-0 vote, with the roll left open for add-on votes. After the bill hearing portion was recessed and later reconvened, additional members added votes to AB 1665, AB 2316, and the consent calendar, bringing each to 9-0. The committee then held an informational hearing on state-level education governance, centered on Governor Newsom’s proposal to restructure the California Department of Education and the role of the elected Superintendent of Public Instruction, with AB 2117 serving as a policy vehicle carrying the same language and no action to be taken. Testimony came from the Legislative Analyst’s Office, the Education Commission of the States, and former CDE chief deputy Richard Zager. Witnesses reviewed the history of California’s governance structure, compared it with other states, and discussed accountability, legislative oversight, and the role of the superintendent under the proposal. Committee members raised concerns about preserving checks and balances, the fiscal implementation plan, county-office relationships, and whether the superintendent’s role would be reduced too far; no vote was taken at the informational hearing.

Transcript Highlights:

• who can be exempt from the time limit.
• Both of those things are exemptions to the HR1 work limit or time limit requirements.
• Both of those things are exemptions to the HR1 work limit or time limit requirements.
• Because I know that's limited, right? We would have to get back to you. It's not limited.
• So that means their time limited on CFAP. Yes? No. So that means their time limited on CFAP.

Summary: The Budget Subcommittee on Health and Human Services heard an overview of the expected California budget and program impacts from H.R. 1, including changes to Medi-Cal and CalFresh eligibility, redeterminations, work requirements, immigration-related coverage rules, retroactive coverage limits, and reductions in federal matching for certain services and provider financing mechanisms. DHCS and CDSS described implementation plans focused on automation, data matching, clearer communications, county training, and outreach, while noting that many federal details are still pending. The Legislative Analyst’s Office also reviewed how H.R. 1 could increase pressure on county indigent care systems, explaining the history of county responsibility under Section 17000, 1991 realignment, and AB 85, and warning that counties may face large increases in uninsured residents seeking care without corresponding funding flexibility. An independent policy expert urged consideration of a more standardized statewide approach to indigent care and raised questions about governance, benefits, and financing. Department witnesses estimated substantial coverage losses and fiscal effects: DHCS projected major Medi-Cal disenrollment tied to work requirements, six-month renewals, narrowed immigrant eligibility, and reduced retroactive coverage, while CDSS estimated large CalFresh benefit losses and a significant increase in administrative workload and payment accuracy pressure. Members questioned how exemptions would work for older adults, people experiencing homelessness, undocumented residents, and cash workers, and asked about the effect on the CalFresh Minimum Nutrition Benefit Pilot and on county administrative funding. Officials said they would use available data and self-attestation where possible, but acknowledged that many cases would require manual screening and that the county workload estimates remain in dispute. They also said the state is still evaluating the impact of H.R. 1 on provider taxes and state-directed payments, which could create additional budget pressure. County representatives from Los Angeles, Santa Clara, Tulare, and San Bernardino described major local consequences if H.R. 1 is implemented as written. They warned of higher uninsured rates, more strain on emergency rooms and public hospitals, increased homelessness and food insecurity, and a likely need to rebuild or expand county indigent care programs that were largely scaled back after the ACA. Counties said they are already freezing hiring, cutting positions, reducing overtime, deferring spending, and launching outreach and coordination efforts with managed care plans and community partners, but argued that these steps are not enough without additional state support. Several counties backed the California County Welfare Directors Association’s request for $373 million in General Fund support for eligibility work and asked for a CalFresh match waiver to soften the new county share of administrative costs; Los Angeles and Santa Clara also emphasized that their local revenue measures would not close the projected gaps. No votes or formal actions were taken in the portion provided.

Transcript Highlights:

• </c><00:14:28.639><c> No,</c> &gt;&gt; Do the bonds. No, &gt;&gt; Do the bonds.
• The um you mentioned the word bonds earlier, and we have several types of bonds.
• We have the Garvey bonds, the federally paid bonds that are paid with the anticipated federal receipts
• </c> The um you you mentioned the word bonds The um you you mentioned the word bonds earlier<00:31:08.960
• </c> bonds the uh federally uh uh the bonds bonds the uh federally uh uh the bonds that<00:31:36.080>

Keywords: This meeting was recovered from a back up copy and uploaded after the original meeting took place., 958, all

Summary: The committee received an update from the Kentucky Transportation Cabinet on the FY 2025 road fund. Officials reported road fund revenues came in $38.5 million above the enacted estimate, but were down about $11 million from FY 2024, largely because a motor fuels tax rate reduction took effect at the start of FY 2025. Motor vehicle usage tax receipts were stronger than expected, and the cabinet said the road fund ended the year with a $61.6 million surplus, which the budget bill directs to state highway construction. Members also discussed how the motor fuels decline affects formula distributions to cities, counties, and rural/secondary roads, with officials saying about $122.8 million had been planned for revenue sharing but was not distributed because receipts were lower than forecast. Members asked about broader revenue trends, including fuel efficiency, electric vehicles, and the removal of a hybrid fee. Cabinet officials said improved fuel efficiency and CAFE standards reduce gasoline consumption and therefore fuel tax receipts, while EVs and plug-in hybrids are subject to a user fee. They also said toll revenues from the Louisville bridges are covering bills and commitments, though they did not have detailed figures at hand. On project delivery, officials said delays are often caused by right-of-way acquisition, utility relocation, and the large volume of projects in the highway plan, and that much of the work happens behind the scenes before construction begins. The committee also reviewed the cabinet’s cash management approach, which was adopted after 2000 to avoid setting aside full project costs all at once and to keep the road fund cash balance above a required minimum. Officials said the balance typically rises in winter and falls in summer as project bills come due, and that the current balance was about $166 million. They also reported that project awards for the year were nearing $998 million and expected to exceed last year’s total. No formal votes or legislative actions were taken beyond approving the prior meeting minutes.

Transcript Highlights:

• If you'll remember what we were trying to do at the time was the bail bonds industry, and I just want
• The bail bonds industry was just looking... I want to refresh everybody since it's been a month.
• The bail bonds industry was just looking for some additional oversight.
• The committee sub, as we wrote it, caps the fees that can be charged to the bail bonds agents at $150
• This just limits this.

Committee: House Professional Registration and Licensing

Summary: The committee first took up House Bill 3111, which concerns bail bonds oversight. Representative Phelps offered a committee substitute that moved bail bondsmen into the existing Board of Private Investigators, Private Fire Investigators, and Professional Surety Bail Bonds to avoid a fiscal note. An amendment was adopted to remove fee caps in the substitute, and the committee then adopted the revised substitute and voted it do pass 21-0. The committee then heard Senate Substitute No. 2 for Senate Bill 1233, the CPA licensure bill, along with related provisions for social work supervisors and speech pathologists. Senator Trent and supporters from the Missouri Society of CPAs, the speech-language association, the social work community, and the State Auditor’s Office said the bill would address CPA shortages by creating a new licensure path based more on experience, while preserving exam standards and adding reciprocity. No opposition was offered, and the hearing concluded without a vote. House Bill 2999 on optometry scope of practice drew extensive testimony and debate. The sponsor and ophthalmology witnesses described the bill as a negotiated compromise that would codify specific procedures optometrists may perform, while opponents from optometry argued it would freeze scope in statute, limit modernization, and require repeated legislative action as standards change. Witnesses disagreed sharply over whether the bill improved patient safety and access, whether the procedures were already within current practice, and whether surgical procedures such as lasers should be included. The bill was heard but no committee action was taken in the transcript. Finally, the committee heard House Bill 2957 on respiratory therapist licensure. Representative Castile and respiratory care witnesses said the bill would phase out the CRT as the entry credential for new applicants in favor of the higher RRT standard, while grandfathering current CRTs and adding renewal audits to confirm active credentials. Supporters said the change reflects current training standards and would raise patient-care quality without reducing workforce numbers. No opposition testimony was presented, and the hearing adjourned without a vote.

Transcript Highlights:

• She is proposing that the Treasury issue United States bonds backed by, or tied to, gold.
• Tying our bonds to gold would be a step in the direction of tying our monetary system back to gold, which
• She is proposing that we issue the Treasury issue United States bonds backed by are tied to gold.
• But there are some significant limitations on free speech.
• And I don't think you find in the case law the same sorts of limitations on freedom of worship.

Committee: Senate State Affairs

Summary: The Senate State Affairs Committee approved the February 18, 2026 minutes and advanced gubernatorial appointee Callie Younger as administrator of the Office of Energy and Mineral Resources with a recommendation for Senate confirmation. The committee then introduced several RS measures, including a resolution supporting use of Article V to pursue a balanced-budget amendment, a memorial backing gold-backed U.S. bonds, and a bill authorizing the state treasurer to invest idle funds in gold and silver bullion. It also introduced RSs related to school district strategic performance plans, a new school funding formula study, college athletics, traffic use of the passing lane, and campaign finance reform. The committee heard and advanced several bills on state administration and elections. SB 1320, a cleanup bill repealing language tied to the business information infrastructure fund and Luma implementation, and SB 1321, which clarifies reporting deadlines and enforcement for agency contracts and MOUs filed with the state controller, both received due-pass recommendations. SB 1322, which tightens the voter affidavit process by requiring additional identifying information and poll-worker verification before issuing a ballot, also advanced after discussion about election integrity, privacy, and practical implementation. The committee likewise advanced SB 1296, which creates a specific criminal trespass offense for entering or remaining in a church or house of worship with intent to intimidate, harass, or disrupt worship services. The committee also advanced HCR 28, calling on Idahoans to fast and pray on March 1 for unity, peace, and moisture/snowpack, after testimony in support from the Idaho Family Policy Center and a private citizen. Finally, the committee heard HB 539, which limits temporary administrative rules to emergency or other narrow circumstances, requires a gubernatorial statement explaining necessity, and restricts repeated substantially similar temporary rules; after testimony from the Idaho Farm Bureau in support, the bill was sent to the floor with a due-pass recommendation. The meeting adjourned after all listed items were handled.

Transcript Highlights:

• I first heard from constituents about this in 2023 about the possibility of the DNR severely limiting
• access to foraging and severely limiting access to foraging and state<00:02:08.080><c> parks</c><00:
• potentially considering a one-gallon limit.
• </c> new regulations severely limiting new regulations severely limiting foraging<00:14:57.199><c> activities
• </c><00:16:05.959><c> was</c> possibility of new quantity limits was possibility of new quantity limits

Keywords: 1183, house

Transcript Highlights:

• There are limited medications out there, and I fear one day he will run out of options.
• Well, I'm not saying limited to FDA, because...
• To be quite honest with you, to specifically limit that.
• This bill is not about restricting access or limiting consumer choice.
• It is a reasonable, time-limited fix.

Committee: Senate Health

Keywords: 987, senate, all

Transcript Highlights:

• </c><00:33:19.519><c> on</c> right area as far as on the bonding on right area as far as on the bonding
• ><c> general</c> limits elections to the general limits elections to the general election.<00:49:43.040
• </c><01:30:48.800><c> bonds</c><01:30:50.080><c> in</c> levy used to support bond bonds in levy used
• to support bond bonds in certain<01:30:50.880><c> times</c><01:30:51.199><c> or</c><01:30:51.440><c>
• But but maybe bonds, I would imagine.

Bills: HB0147 , HB0127

Committee: Senate Revenue

Keywords: property tax, homeowner exemption, Wyoming, voter initiative, tax legislation, HB0127, recreation mill levy, recreational facilities, public recreation, mill levy, local tax, county commissioners, school district levy, voter approval, ballot measure, general election, tax referendum, special purpose tax, Wyoming taxation, W.S. 18-9-201

Transcript Highlights:

• For example, we have been refinancing very old bonds, trying to get better rates for them, trying to
• I think that's the same goes for us with limited resources.
• When we discuss available core funds, we're taking out things like financial aid, bond payments, and
• What that did was it limited the amount of loans that students can take to attend those programs.
• What that did was it limited the amount of loans that students can take to attend those programs.

Keywords: 988, house, all

Transcript Highlights:

• And ACAS provided several recommendations in our most recent annual report for bonding, a policy, and
• </c> bonding, a policy, and budget changes. bonding, a policy, and budget changes.
• Please adhere to these limits or you may be cut off.
• Please adhere to these limits concluded.
• The time limits or you may be cut off.

Keywords: 919, house, all

Summary: The Advisory Committee on Capitol Area Security met on April 20, 2026, with a quorum present and adopted the January 13, 2026 minutes. The chair thanked the State Patrol, sergeants-at-arms, and capital security officers for their work during the session, and noted that the committee’s earlier recommendations were reflected in Governor’s Executive Order 2602, including weapon screening at the State Capitol. The chair also said the committee’s annual report included recommendations for bonding, policy, and budget changes, and expressed hope the legislature would act on them. Department of Public Safety and State Patrol officials reported that implementation of weapon screening had gone well overall and said they were continuing to gather feedback for improvements. Colonel Bogayevich said that since the start of session, 121,598 people had been screened at the Capitol’s entrances, 548 permits were verified, and 52 prohibited items were turned away. Examples of prohibited items included knives, a camping/marshmallow skewer, and a screwdriver; no firearms were found in the Capitol building. She also said the busiest day produced a wait of about 15 to 17 minutes, and that staffing was adjusted to handle larger groups such as school tours. The Senate Sergeant-at-Arms reported that 49,277 people had come through Senate screening as of the previous Friday, including 196 concealed carry permits, and that 2,359 people had entered the West Gallery to observe Senate proceedings. He also said some Senate building access doors had been reduced to direct traffic and that an audit of key card access had begun. The House Deputy Chief Sergeant-at-Arms reported about 1,400 people had been screened for the House gallery, and noted that an NCSL visitor from Oregon would shadow House security staff to learn from Minnesota’s approach. Members from both bodies praised the professionalism of security staff and said the added trooper presence made members and the public feel safer. No members of the public signed up to testify, so the public comment period closed without testimony. The meeting adjourned after the chair reiterated that the goal of the security measures was to allow visitors, members, and public servants to participate safely.

Transcript Highlights:

• The funding and bonding capacity, I'd like to read this.
• These were going to be the ones we sell bonds for.
• have sold some of the bonding packages and some of those bond proceeds for.
• and use that new revenue to pay back bonds.
• or sponge bond capacity at all.

Transcript Highlights:

• That's what we do with limited funds.
• </c> That's what we do with limited funds. That's what we do with limited funds.
• </c> forward and say having the bond forward and say having the bond requirement<00:52:07.480><c> the
• ><c> not</c> requirement the bond requirement was not requirement the bond requirement was not enough
• </c> bond requirement. bond requirement.

Keywords: 1183, house

Transcript Highlights:

• Secretary of State to maintain an election reporting system that will facilitate the collection, aggregation
• That's all available through the data aggregators.
• time that's all available through the time that's all available through the data<00:46:53.480><c> aggregators
• 54.800><c> do</c><00:46:55.079><c> that</c><00:46:55.640><c> or</c><00:46:55.839><c> we</c> data aggregators
• either we do that or we data aggregators either we do that or we then<00:46:56.200><c> have</c><00:46

Committee: Senate Elections

Keywords: 1187, senate, all

Transcript Highlights:

• The committee may limit availability or redact testimony that includes sensitive personal information
• Speakers are asked to please limit their testimony to no more than three minutes.
• But this program is limited in a couple of important ways.
• These are technically assessment bonds. We need a municipal agency partner.
• While advocates and community groups struggle for limited affordable housing resources, we expect the

Committee: Joint Joint Committee on Revenue

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hearing on several housing-related bills, with chairs Adrienne Madaro and James Eldridge framing the discussion as part of the Legislature’s broader response to the state’s housing crisis and noting that many of the bills build on the 2024 Affordable Homes Act. The chairs reviewed hearing procedures, including the three-minute oral testimony limit, the option to submit written testimony, and the hybrid format. No votes were taken during the hearing. Testimony began with support for H. 3278, a bill to create a graduated deed excise tax for affordable housing. Representative Worel argued that higher-end real estate transactions should contribute more to fund affordable housing production, saying the measure would not burden working families and would help address racial inequities in homeownership and displacement. Representative Soder then supported H. 3247, which would promote redevelopment of abandoned buildings through expanded tax incentives for renovating vacant properties for sale or rent, arguing that it would bring blighted units back into use and generate future tax revenue. The committee also heard testimony on H. 3040/S. 1969, residential improvement or R-PACE legislation. Robert Giles of Home Run Financing and Nicole Steele of Amalgamated Bank described the program as a voluntary, assessment-based financing tool that could help homeowners pay for energy efficiency, resilience, and other major repairs without upfront costs, and said it could complement existing Mass Save programs while expanding access to more homeowners. In contrast, Judith Lieben of the Massachusetts Law Reform Institute opposed H. 3039/S. 1946, the Housing Development Incentive Program bill, arguing it would expand subsidies for market-rate and luxury housing in Gateway Cities instead of directing resources to low-income renters. Representative Hawkins also testified in support of H. 3121, which would end large investor control of homes in Massachusetts by imposing an excise tax on large owners of small residential properties and using the revenue for first-time homebuyer down payment assistance. After testimony and a few member questions, the chairs asked whether anyone else wished to testify and then adjourned the hearing.

Transcript Highlights:

• to a school district and lists bond uses that must be printed as a separate ballot proposition.
• Madam Chair and members, HB 2385 limits superintendent contracts to one year until the superintendent
• Just out of curiosity, how many pets are we limited to?
• Oh, this is like you can't limit, like a pit bull? Yes.
• Oh, this is like you can't limit like a pit bull? Yes.

Summary: The caucus reviewed a large Minority Caucus Calendar and moved quickly through many bills, with staff often noting whether items were unanimous, party-line, or pulled from consent. Early items included HB 2130 on ADOA personnel financial systems, HB 2749 on felony sentence-completion designation, HCR 258 on Medicaid claim audits, and several agency or board continuation bills. Members also discussed HB 2745 on legislative subpoenas, HB 4027 naming Loop 202 the Charlie Kirk Highway, HB 2601 on Interstate 11 studies, and a number of education, health, labor, and public safety measures. Several bills were pulled from consent or flagged for later discussion, including HCR 258, HB 4027, HB 2375, HB 2601, HB 2408, HB 2444, HB 2923, HB 2182, HCR 2048, HB 2750, HB 2765, HB 2838, HB 4043, HB 2290, HB 2940, and others. Testimony and caucus debate focused on a range of policy concerns. Members objected to bills involving school strikes, weapons detection systems, public records fees for legislators, union activity, school safety felony penalties, and restrictions on school clubs. Education bills drew extended discussion, including HB 2423 on automatic advanced math placement, HB 2478 creating a student outcomes commission, HB 2579 for free school meals, HB 2992 on child sexual abuse prevention, HB 4041 on spending authority for low-reading-performing districts, and HB 4043 requiring CPR/AED training. Health and professional regulation bills also prompted debate, including HB 2408 on nursing board investigations and expungement, HB 2444 on pharmacist testing authority, HB 2697 on expired opioid antagonists, and HB 4010 establishing a genetic counselors board. Members raised concerns about fiscal impacts, stakeholder opposition, and whether some measures were unfunded mandates or needed more amendment work. The caucus also discussed immigration, labor, and public safety measures, including HB 2416 for DPS local border support, HB 2811 on obstructing governmental operations during lawful arrests, HB 2862 on unlawful masking penalties, HB 4070 on nonprofit incorporation restrictions tied to offenses, and HB 4117 creating a crime for disturbing religious services. Water, energy, and land-use bills were reviewed as well, such as HB 2099, HB 2263, HB 2330, HB 2341, HB 2492, HB 2757, HB 2782, HB 2912, HB 2918, and HCR 2020. The meeting ended with announcements, including an Affordability Award for Brian Garcia and a March 12 breakfast update on the Colorado River, before adjournment.

Transcript Highlights:

• It does increase the campaign finance limits.
• So your $1,500 is the limit. So anything above that. So now you would have more.
• On page 13, you will find language that's related to a protest bond.
• So for contracts with a value of up to $10 million, that protest bond is 1%.
• Think of the generations of families that have bonded over racing in that place.

Committee: Senate State Affairs

Summary: The committee first approved the March 16 and March 17, 2026 minutes. It then introduced RS 33798, a proposal related to cooperative and group discount purchasing in the Department of Administration procurement division, and sent it for printing. The main policy item was Senate Bill 1422, a major rewrite of Idaho campaign finance law. Senator Harris and Secretary of State Phil McGrane said the bill would move the laws into Title 74, reorganize reporting rules, prohibit foreign contributions, require new disclosures for signature-gathering and independent expenditures, add pre-primary and pre-general reports, increase contribution limits modestly, and create a graduated fine structure. Questions focused on reporting thresholds, commercial recordkeeping, and the distinction between reporting violations and other violations. The committee voted to send SB 1422 to the floor with a due pass recommendation. The committee then heard House Bill 889, a broad update to the State Procurement Act. Representative Britt Raibolt said the bill clarifies procurement definitions, best-and-final-offer procedures, use of subject-matter experts, multiple-award contracts, bid scoring, prior performance, federal CMS approval timing, confidentiality of technical information, debarment, cooling-off periods, protest bonds, and disclosure of procurement-related spending. He said the goal was to improve consistency, transparency, and efficiency in large state procurements. After brief questions about the need for the overhaul and the definition of frivolous protests, the committee voted to send HB 889 to the floor with a due pass recommendation. House Bill 890, also presented by Raibolt, would repeal a surplus-property carve-out used in the ITD building sale and return disposal of surplus administrative property to the regular process under the State Board of Land Commissioners. The committee also advanced HB 900, which sets procedures for private insurance claims over $100,000 involving state property damage, requires appraisal opportunities, public notice of settlement offers, and a public hearing plus legislative notice if an agency relocates services or sells property after such a claim. Both bills received due pass recommendations. The longest discussion was on House Bill 898, which would move the State Historic Preservation Office from the Idaho State Historical Society into the new Office of Species, Minerals, and Energy Coordination. Senator Den Hartog said the move would improve coordination on federal permitting and preserve SHPO’s functions, while opponents argued the current placement supports preservation work, grants, archives, and Section 106 review, and that moving SHPO into an office focused on energy and minerals could create conflicts of interest and weaken preservation outcomes. Testimony came from historians, preservation professionals, local commission members, utility and water industry representatives, and a youth witness, with supporters emphasizing streamlined permitting and opponents emphasizing mission alignment and public trust. The sponsor closed by saying the bill complies with federal law and that federal law allows states flexibility in where to house the office; the transcript ends before any final committee action on HB 898.

Transcript Highlights:

• </c><01:20:40.560><c> timebased</c><01:20:41.120><c> limit</c> So that kind of limit timebased limit
• And the maybe the bonds could be corporate bonds.
• </c><01:35:43.120><c> It</c><01:35:43.360><c> could</c> bonds could be corporate bonds.
• It could bonds could be corporate bonds.
• So, it's not a municipal bond.

Keywords: 1189, house, all

Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.

Transcript Highlights:

• For job seekers and small businesses, it limits access to training and opportunities.
• regular property taxes within the constitutional limit.
• A limited authority Washington peace officer is a fully compensated officer of a limited authority Washington
• State law provides a non-exhaustive list of limited authority law enforcement agencies.
• It's not limited to just artificial... Mr.

Summary: The committee first heard Substitute House Bill 1128, which would create a Child Care Workforce Standards Board within the Department of Labor and Industries to study child care workforce conditions and make recommendations on employment standards. Staff explained that the proposed second substitute narrows the board’s role from setting enforceable standards to making recommendations, with estimated ongoing costs for L&I staffing and smaller costs for board member stipends and possible DCYF support. Supporters, including child care providers, SEIU 925, and labor representatives, said the bill would help address understaffing, low wages, and retention problems; opponents, including child care industry groups and private schools, argued it duplicates existing work, adds bureaucracy, and creates unfunded costs. No vote was taken in the hearing. The committee then heard Second Substitute House Bill 1634, which would direct OSPI and ESDs to develop a technical assistance and training framework to help schools coordinate student behavioral health supports. Staff said the bill aligns with the Washington Thriving Strategic Plan and could largely be implemented with existing work and limited additional costs, though DOH would need some support. Testifiers from behavioral health and school counseling fields described severe youth mental health needs and urged passage, and OSPI said the work is doable with current resources. The committee also heard Substitute House Bill 2636, which would create a public education review advisory council to recommend K-12 policies and funding provisions for JLARC review; staff described JLARC, OSPI, and State Board costs, and no public testimony was offered. The committee next heard House Bill 1316, which would expand the Supporting Students Experiencing Homelessness program so additional university campuses can access funding. The sponsor said the program has strong retention outcomes, and student advocates testified that campuses such as UW Bothell need access to already appropriated funds for emergency aid, food pantries, and case management. Staff then briefed Substitute House Bill 2474, which would allow the Student Achievement Council Tuition Recovery Trust Fund to be used for refunds tied to broader consumer protection violations, with no expected fiscal impact; there was no testimony. The committee also heard Substitute House Bill 2365 on digital equity, which would expand the Broadband Office’s role, revise the digital equity forum, and rename the grant program; supporters emphasized rural access, affordability, and the loss of federal digital equity funding, while staff estimated significant Commerce staffing costs and some additional agency impacts. Finally, the committee heard House Bill 2401, creating a Washington State Boys and Men Commission contingent on non-state funding, with staff outlining OFM startup and fundraising costs and an estimated operating budget if fully funded. Supporters said boys and men face mental health, education, and mentorship gaps and that the commission would improve coordination; the bill drew testimony from rural school leaders, nonprofit advocates, and community members. The committee then heard Substitute House Bill 2475 on language access, which would require the Office of Equity to develop uniform language-access guidelines and a report on interpreter and translator shortages; staff said the office could absorb the work but other agency and local government impacts were uncertain. Substitute House Bill 2517, on permitting for high-capacity transit, would let regional transit authorities apply for permits earlier and streamline land-use processes; Sound Transit and the sponsor said it would speed delivery of major projects, while staff estimated Commerce technical-assistance costs and possible local government impacts. The last bill heard was Substitute House Bill 2145 on the 340B drug pricing program, which would bar manufacturers from restricting contract-pharmacy access and require reporting to DOH; supporters said it protects safety-net providers and patient services, while opponents warned of higher costs for employers, state health plans, and litigation burdens. No final committee action or votes were recorded in the transcript.

Transcript Highlights:

• It allows NMFA to sell bonds that are backed by the existing tobacco tax.
• It goes in, and all it does is fund the bond. There, it goes in, and all it does is fund the bond.
• So, unless— ...extend this time, the bond, from 20 to 30 years.
• And up until recently, that has been sufficient to repay the bonds.
• Some of the money that's in there now is actually debt service for the existing bonds.

Summary: The committee first heard House Bill 296, which would double New Mexico’s working families tax credit. The sponsor said the bill would increase work incentives, reduce poverty, and could provide families up to about $1,900 more per year, with benefits concentrated among families with children and lower earners. Public testimony from advocacy groups and faith organizations supported the bill. Members asked about foster family eligibility, age eligibility, refundability, and how the credit compared with a prior vetoed proposal. After discussion, a member moved to table the bill, and HB 296 was tabled. The committee then took up the committee substitute for House Bill 77, a tax credit for rehabilitating vacant or blighted buildings into affordable multifamily housing, with at least half of the credit reserved for rural New Mexico. Supporters from housing, business, construction, local government, and advocacy groups said it would expand housing supply, revitalize downtowns and vacant properties, and help rural communities. Members questioned the certification and recertification process, affordability requirements, and the role of the Mortgage Finance Authority. The sponsor asked to roll the bill to Friday so an amendment could be considered, and the committee agreed to roll HB 77 rather than vote on it. House Bill 275, authorizing revenue bonds for Hila Regional Medical Center to replace an aging linear accelerator used for radiation cancer treatment, was heard next. The sponsor and supporters said the equipment is essential for cancer care in southwest New Mexico and that patients would otherwise have to travel long distances for treatment. An amendment extending the bond term from 20 to 30 years was adopted after the New Mexico Finance Authority explained declining tobacco-tax revenues and the need to protect against default risk. The committee then gave HB 275, as amended, a do pass recommendation. Finally, the committee heard House Bill 285, as amended, which clarifies and streamlines the disabled veteran property tax exemption. The sponsor said the bill limits the exemption to a primary residence, clarifies how it applies to multiple owners, and gives veterans more time and clearer procedures to claim or protest the exemption while they await VA certification. County assessors and realtor representatives supported the measure, saying it would reduce administrative confusion and ensure eligible veterans receive the benefit consistently. The committee adopted the bill on a do pass motion. The meeting then adjourned with notice that work would continue on Friday.

Transcript Highlights:

• Why is it required from a bond repayment perspective?
• Why is it required from a bond repayment perspective?
• Why is it required from a bond repayment perspective?
• Keep your questions and comments limited to that section.
• Keep your questions and comments limited to that section.

Committee: All JOINT BUDGET COMMITTEE

Summary: The committee first considered revisions to the JBC rules, which staff said were all prompted by acts passed in the 2025 legislative session. The rules were adopted without objection. Members then received a balanced budget presentation from DFA Secretary Jim Hudson on the governor’s FY27 proposal, which he said was built around three priorities: limiting state government growth, continuing investments in education, and advancing income tax cuts. He highlighted major additions for education funding, EFA growth, pay plan costs, higher education productivity funding, drug task forces, corrections medical costs, the governor’s 1033 initiative, SNAP error-rate reduction, and Medicaid sustainability, while also explaining a new A/B funding category structure intended to prioritize recurring costs and preserve room for tax cuts. Members questioned Hudson about the cost of income tax reductions, the constitutional balanced-budget requirement, education funding, the Educational Adequacy Fund, Medicaid trust fund balances, and the impact of federal changes on Medicaid and SNAP. Hudson said each tenth of a percent income tax cut would cost about $58 million, the budget remained balanced, public education would still receive historic increases, and the Medicaid trust fund would be monitored closely with additional set-asides proposed. He also said the FY27 SNAP administrative cost increase would be about $18 million. The committee then heard from the Division of Higher Education, which reported institutions were 2.61% more productive overall and that the budget recommendation followed the statutory productivity formula. Questions focused on why some institutions were receiving decreases or large increases, how the formula works, and how the new return-on-investment metric and committee composition would affect future funding. The committee approved several higher education-related actions, including personnel changes for nine institutions and special language for North Arkansas College’s move into the University of Arkansas system. Staff then walked members through the higher education appropriation summary, explaining large percentage increases at several institutions were tied to federal funds or corrected carry-forward issues, including the U of A School of Mathematical, Sciences and the Arts, South Arkansas College, SAU Tech, ASU Mountain Home, and ASU Newport. Members also discussed UAPB’s 1890 extension program and the University of Arkansas Division of Agriculture’s land-grant matching funds; officials said UAPB’s recommendation was being aligned with actual spending and that the Division of Agriculture’s Smith-Lever and Hatch matches were included within its overall appropriation. The committee ultimately adopted the Higher Education Coordinating Board’s recommendations for all institutions and then moved on to the Department of Corrections section, with the chair outlining how the committee would proceed through those appropriations by section.