Transcript Highlights:

• you talk a little bit about that process you talk a little bit about that process and<00:32:05.440
• that is the an overview of the process. that is the an overview of the process.
• process at the very end of the process process at the very end of the process before<00:52:47.200
• Those staff members typically are not involved in the legislative process in the same way that other
• a different procurement process because right now they have to use the state procurement process.

Keywords: Call to Order and Roll Call - 00:13 Approval of Minutes - 4:07 Kentucky Academic Standards for Reading and Writing - 5:18 Math Improvement Committee Report - 21:02 ETS Praxis Exam - 41:47 KDE Performance Review Data - 1:15:04 Adjournment - 1:57:54, 958, all

Summary: The committee heard a presentation from KDE on the revised Kentucky academic standards for reading and writing. KDE explained the statutory six-year review process, the public comment periods, and the main revisions, including updates tied to the science of reading, decodable text, encoding/decoding, and an updated vision statement. KDE said 308 responses were received on the initial public comment, most respondents favored keeping standards as-is, and about 12% of standards were revised. The department also said the document was streamlined by removing repeated graphics and reducing its size by about 24%, and that a later comment period drew more than 400 responses. No new standards were flagged for review. Members asked about alignment between standards, curriculum, assessments, and NAEP, and KDE said instructional resources should be aligned to standards, KSA assessments are aligned to the standards, and screeners/diagnostics help identify student needs. Representative Truett raised the idea of a textbook-to-standards crosswalk, and KDE said publishers and a future repository partner should provide such crosswalks for local districts. Representative Bojanowski asked why foundational reading skills are not directly assessed on the third-grade KSA; KDE responded that the assessment is designed to measure end-of-grade expectations, while screening and diagnostics are used earlier to identify decoding needs. Representative Gel asked about early childhood supports, and KDE said it is working with early learning and special education offices and promoting LETRS professional learning for both teachers and preschool educators. The committee then received the mathematics improvement committee report. KDE said the mathematics committee unanimously approved a new strategic plan for improving math achievement from pre-K through grade 20 and adult education. The plan centers on six priorities: student empowerment, effective mathematics teaching and learning, continuous educator development and growth, a continuum of learning, community and family partnerships, and teacher recruitment and retention. KDE said the plan is intended as a living document with goals, recommended actions, and evidence bases, and that it aligns with the Kentucky Numeracy Counts Act by supporting high-quality instructional resources, professional learning, and family resources. In response to Senator Thomas, KDE explained that the professional learning recommendation means districts should tailor teacher training to classroom needs and instructional materials so math teachers are better equipped to implement standards and support students.

Transcript Highlights:

• So our tradespeople have to take a two-step process.
• What we're working to do through this legislation, this good bill, is to align more of the on-the-job
• people have to take a two-step process people have to take a two-step process so<00:09:58.720>
• <00:25:49.200> that uh there's a whole process that uh there's a whole process that Engineers
• <00:58:48.480> so do except bring legislation so do except bring legislation so yes<00:58:

Keywords: 958, all

Summary: The committee first took up House Bill 46, which would allow lottery winners of $1 million or more to remain anonymous. After brief discussion and a motion with a second, the committee approved the bill unanimously and sent it to the House floor. Members then heard House Bill 54, a workforce and education measure aimed at aligning dual credit and project-based learning with licensed construction trades and other high-demand careers. The sponsor and witness said the bill is intended to help students meet both education and on-the-job training requirements, address labor shortages, and speed entry into the trades. Several members raised concerns about possible abuse of internships, the need for input from unions and other trade groups, and the amount of authority left to the Department of Housing, Buildings and Construction to write regulations. The sponsor said the bill does not replace current hands-on training requirements and expressed willingness to continue discussions. The committee passed the bill, with some members explaining their votes as conditional or in hopes of further amendments. The committee also approved House Bill 261, which would let retired CPAs provide certain uncompensated services, such as nonprofit work, while retaining their CPA designation, and would create a retirement-based CPE waiver for those limited services. A question from Representative Donworth focused on how retired CPAs would disclose their status to nonprofits; the board representative said retired status is noted in board records, but there is currently no separate requirement governing use of the CPA designation. The bill passed. Finally, the committee considered House Bill 262, which would remove restrictions on small CPA firm names after an owner dies or retires. The sponsor said Kentucky is an outlier because current law requires the remaining owner to change the firm name. The bill passed unanimously. After that, the chair turned the gavel over to the vice chair and began presenting House Bill 306, which would change engineering education requirements for licensure, especially to help Eastern Kentucky University fire protection engineering technology graduates qualify for licensure in Kentucky rather than leaving the state. The sponsor and witnesses explained that the bill would not change the rest of the PE licensure pathway, only the education component, and said most other states already allow this route. Members noted that engineers may have concerns and encouraged continued discussions before the bill advances further.

Transcript Highlights:

• Let me ask a question about process.
• Participants in the democratic process.
• Equally troubling is the process by which this map has been Equally troubling is the process by which
• Sad to say, this is also not a legitimate process. It is not.
• And that is the trust of this process with the people.

Summary: The Senate convened in special session and took up Senate Bill 8D, later substituting identical House Bill 1D, to establish Florida’s congressional districts. The opening prayer and Pledge of Allegiance were followed by procedural remarks, then extensive floor discussion focused almost entirely on the redistricting proposal, its timing, and its legal basis. Senator Gaetz, explaining the bill, said the Governor had transmitted the map two days earlier, argued that mid-decade congressional redistricting is not prohibited by law, and said the Governor’s stated reasons were to address population growth and to draw race-neutral districts. He also said the legislature could accept, reject, or amend the proposal. Much of the debate centered on the U.S. Supreme Court’s recent Louisiana decision and whether it affected Florida’s Fair Districts Amendment and the Voting Rights Act. Senators Smith, Rouson, Sharief, Polsky, Arrington, Bracey Davis, Bernard, Nathan, and others questioned the short notice, lack of public hearings, the use of partisan data, the absence of sworn testimony, and whether the map diluted minority voting strength or fragmented communities of interest. Gaetz repeatedly said he was not offering legal opinions, that the Governor’s counsel believed the Fair Districts race-based provisions were inconsistent with federal law, and that any legal challenge would be for the courts. He also said the Governor’s mapmaker reported using census and demographic data, along with political data as one of many inputs, and claimed the map’s compactness was comparable to the current map. A motion by Senator Smith to temporarily postpone consideration of the bill failed on a 12-23 vote. After the Senate returned from a 30-minute break to review the new Supreme Court decision, debate continued. The chamber then substituted HB 1D for SB 8D, read the House bill, and advanced it to third reading. The transcript ends during debate on final passage, with Senators Rouson and Bernard speaking in opposition and arguing the map was procedurally rushed, legally vulnerable, and politically motivated.

Transcript Highlights:

• <00:10:27.279> named letter about the legislatively named letter about the legislatively named
• If you want the legislative site, well, Chair Nor if you wanted to look at the legislation that we passed
• and if you want the legislative site and if you want the legislative site well<00:11:46.079> chair
• <00:14:37.600> to it is incumbent upon the legislators to it is incumbent upon the legislators
• know the first one the legislative know the first one the legislative auditor<00:19:06.799> uh

Keywords: 1183, house

Transcript Highlights:

• Bush signed legislation... Finally, President George H.W.
• We've gone through the committee process with relatively little opposition.
• I hope we pass this bill today and begin the process of restoration.
• We passed this bill today and begin the process of restoration.
• And this will begin the process of restoring what should have been done 50 years ago.

Summary: The committee first took up SB 694, which would compensate the descendants of the Groveland Four—Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas—for the wrongful convictions, incarceration, and death tied to the 1949 case. Senator Bracey Davis described the bill as a final step after prior state apologies, pardons, and exonerations. The committee adopted a $4 million amendment that divided compensation equally among the four families and updated the recipient for Ernest Thomas’s share. Multiple family members and advocates testified in support, emphasizing the decades of trauma and the need for full justice. Senators in debate largely supported the bill, and it was reported favorably. The committee then approved SB 330, which clarifies disability provisions for firefighters, law enforcement officers, and correctional officers by refining the definition of heart disease and allowing certain officers who transfer agencies to rely on a prior physical under specified conditions. SB 474 also passed, expanding military leave protections to include public officials and employees who serve in the Coast Guard or Florida State Guard, adjusting pay eligibility for federal service, and updating related retirement and assistance provisions. SB 96, the Veterans Dental Care Grant Program bill, was amended to expand eligibility to veterans with incomes up to 400% of the federal poverty level and to move funding into the General Appropriations Act; members debated whether the broader eligibility could increase demand, but the bill was reported favorably. The committee also advanced SB 7018 on child welfare, making the Step Into Success pilot program permanent statewide, adjusting visitor/background-check rules for out-of-home placements, and creating a best-practices program through the Florida Institute for Child Welfare. CS/SB 480 on state IT governance was reported favorably after amendments that strengthened vendor performance metrics and restored state data center security provisions; it creates a new central IT governance structure under the Governor’s office and aims to improve oversight of procurement, spending, and technical debt. SB 1066, addressing partial restoration of the Ocklawaha River and Kirkpatrick Dam, passed after a late-file amendment and extensive testimony from environmental, recreation, and local economic interests. SB 1216, which gives school districts more flexibility in educator compensation, and SB 1120, which increases oversight and reporting for water management district spending, were also reported favorably. Finally, the committee considered SB 1366 on claims against the government, which raises sovereign immunity caps, ties future adjustments to CPI, shortens claim deadlines, and changes attorney-fee provisions. The bill drew support from local government and public-hospital groups as a compromise, but also significant concern from some senators about the impact on self-insured agencies and whether the fee changes would discourage attorneys from taking cases. The discussion remained ongoing, and the bill was still moving forward as the meeting continued.

Transcript Highlights:

• <00:17:47.120> of OPLC, which has been a long process of OPLC, which has been a long process
• or they do not um you know this process or they do not um you know this process is<00:23:58.799>
• , for the committee of conference process, for the committee of conference process, but<00:29:37.679
• budgeting process. budgeting process.
• <00:35:09.520> budget authority of the legislative budget authority of the legislative budget

Keywords: 1189, house, all

Summary: The committee first accepted the minutes from the April 4 meeting, then moved to a discussion of potential audit topics and follow-up on prior performance audits. Christine Young, Director of Audits, and Jay Henry, performance audit supervisor, walked members through a spreadsheet showing the status of roughly 30 performance audit reports from the past 10 years, including the number of observations, whether agencies concurred, how many observations were fully addressed, and when each report was last updated. They explained that “fully addressed” only means the agency addressed the observations it agreed with, and that some reports include rejoinders when the audit office disagrees with an agency’s response. Members also discussed how some audits have been updated and others have not, including an example from the prescription drug monitoring program, which moved from the Board of Pharmacy/OPLC to HHS and was recently updated after staff contacted HHS. A major focus was the mental health workforce licensing audit, which was described as having little or no follow-up in the spreadsheet. Several members said this was especially concerning given the ongoing mental health crisis and argued that the committee should require a response. The committee agreed to start by sending letters to the chairs of the boards listed under that audit, asking the chair or designee to appear at the next meeting or respond in writing about what has been done and what remains unresolved. Members noted that the current process is voluntary and self-reported, which can lead to long delays or no response, especially for boards that meet only monthly and may have changed membership or leadership since the audit was issued. The committee also discussed other audit follow-up issues, including the liquor commission division of enforcement and licensing, which staff said was farther along than its percentage suggested, and a recently released human rights report that was not yet due for update. Members raised the possibility of using future budget reviews to ask agencies what they have done about old audit findings. In addition, the committee briefly discussed future audit topics, including a possible audit of local school districts related to special education, and staff explained that the statute allows the LBA to audit a limited number of non-state entities over a five-year period. The motion to authorize the chair and LBA to draft and send letters to the mental health workforce licensing boards passed by show of hands with one abstention. The next meeting was tentatively set for June 6 in State House 100, with staff to confirm the room and schedule.

Transcript Highlights:

• Process goes, requiring a hearing, and so forth.
• To let that process go forward.
• So today, it's a really manual process.
• And it's really, it's just not an efficient process.
• So they're not doing it in a paper process.

Keywords: 908, all

Summary: The committee began with roll call and a brief update on remaining work, then took up Senate Bill 2213, the “science of math” bill. Members clarified that the appropriation for the program was not included in the DPI budget and would remain attached to the policy bill for now. The committee adopted the amendment and then gave the bill a do pass recommendation, 21-2. The committee next considered Senate Bills 2036 and 2037, both juvenile justice/Human Services bills involving mental health and criminal responsibility evaluations for minors. Testimony explained that the bills create new processes and require DHS to contract with specialized providers, with appropriations of $500,000 in 2036 and $300,000 in 2037. Members debated whether the funding should come from existing DHS resources or remain as separate appropriations, and whether the programs were one-time or ongoing. The committee adopted amendments on both bills and then recommended both do pass, with 2036 passing 14-6 and 2037 passing 17-4. The committee then heard Senate Bill 2021, the Information Technology Department budget. Representative Bosch outlined major themes in the budget, including migration from PeopleSoft and the mainframe, onboarding/off-boarding automation, double-counting of IT spending, and the transition of education technology from PowerSchool to Infinite Campus. Members also discussed a study amendment related to a statewide enterprise resource planning system, and added language on grant management and compliance management. The committee adopted the amendments and gave the budget a do pass recommendation, 20-0-3. Finally, the committee heard Senate Bill 2011, the Highway Patrol budget. Representative Pyle explained the House changes, including shifting some one-time costs to the motor carrier electronic permit fund, funding for body armor, breath tests, road course resurfacing, fleet costs, handgun replacement, and carryover authority for federal technology funds. The committee adopted the amendment and then passed the budget 21-0-2. The committee then began Senate Bill 2399, a Human Services bill on Medicaid reimbursement for psychiatric residential treatment facilities, but deferred action after testimony from a facility representative and committee discussion about therapeutic leave days, reimbursement rates, and whether a cap on reimbursable days should be set in statute or rule. The chair said the committee would seek more information from DHS and take the bill up the next day.

Transcript Highlights:

• Your leadership and collaboration inspired this process.
• For the BCA, for example, that means being able to process evidence.
• And go through the process this year.
• If everybody doesn't have the right to due process and habeas corpus...
• That is our job as a legislative branch.

Transcript Highlights:

• HB 1510 is the Texas Ethics Commission sunset review legislation.
• that burdened Texans who merely wanted to participate in our democratic process.
• It is more important than ever to get this legislation across the finish line.
• process that other people of faith may not agree with.
• What does, what this legislation proposes negates that process by singling out discounts for some of

Bills: HB 346, HB 1360, HB 1510, HB 1606, HB 1804, HB 1805, HB 2156, HB 2391, HB 2767, HB 3022, HB 3044, HB 3272, HB 3293, HB 3493, HB 3809, HB 3824, HJR 110, HB 2463

Keywords: expedited service, business records, veteran-owned businesses, franchise tax, fee schedule, Texas Ethics Commission, election reporting, campaign finance, violation categorization, penalties, public disclosure, Texas Utilities Code, electric utility, retail electric provider, municipally owned utility, electric cooperative, vegetation management, tree trimming, line clearance, transmission line

Transcript Highlights:

• It's a very cumbersome and sloppy process.
• But it is a duplicative process.
• Thank you again, and we hope you support this legislation.
• This legislation ensures that belief matches reality.
• This legislation ensures that belief matches reality.

Keywords: 995, all

Summary: The Joint Committee on Transportation held a hybrid hearing on a large slate of bills covering motor vehicle sales, registration, title processing, dealer regulation, and several local matters. Chair Cyrro noted that Senate Bill 2414 had been postponed at the sponsor’s request, though public testimony would still be accepted. The hearing then heard testimony on measures including S. 2367, which would make an insurer primary for losses caused by an insured driver in a rental car; H. 3698 and related bills on codifying registration of 25-year-old imported Japanese kei vehicles; H. 3701 on requiring lienholders to release titles within seven days; H. 3690 on capping dealer documentation fees; and H. 3641 on requiring education for class two motor vehicle dealers. Testimony also addressed e-titling and e-signatures, peer-to-peer car sharing, temporary license plates, duplicate plates, general registration plates for motor vehicle distributors, and a bill to ban tinted license plate covers. Supporters of the rental-car insurance bill argued Massachusetts is an outlier compared with 47 other states and said the change would improve fairness, competition, and consumer understanding without raising premiums. Dealers and industry groups generally supported e-titling/e-signature modernization and the inspection-related bill, but urged safeguards to preserve title, registration, and insurance verification. The Massachusetts State Auto Dealers Association opposed the doc-fee cap, saying documentation fees are a disclosed cost-recovery tool that varies by dealership. Representatives and advocates for kei vehicles said the RMV’s 2024 reversal showed the need to codify the rules in law, while opponents of the RMV’s approach described it as arbitrary and harmful to owners and importers. Supporters of the dealer-education bill said it would curb unregulated “curbstoning” and help ensure proper title handling and consumer protection. Several local and specialty bills also drew testimony. Hatfield officials supported a local bill allowing golf carts on certain town roads under strict safety rules, and Representative Ayers testified for a bill banning tinted license plate covers to aid toll collection, law enforcement, and vehicle identification. Senator Lovely and other advocates supported the “Easy ID” license plate proposal, saying it would improve vehicle recognition in crime and child-abduction investigations. The committee took no votes during the hearing and adjourned after public testimony concluded.

Transcript Highlights:

• It's a $119 difference just because the way the claim was processed.
• Thank you for bringing this legislation forward.
• We thank TDI for the rulemaking process.
• The IUD insertion and removal process.
• We support the legislation, strong consumer bill.

Transcript Highlights:

• District legislative aides to come and go to the legislative session for 30 or 60 days.
• In which the staffer would be in a position to improperly influence the legislative process to the benefit
• legislative aides.
• by the legislators?
• Legislators, all right.

Transcript Highlights:

• Um, close out projects on a process level.
• I'm a senior analyst with the Legislative Education Study Committee.
• The Legislative Council, um, the, the task force could also request that the Legislative council, um,
• And as legislators, we need to know from you what's not working and, and what legislation and what it
• requests with Legislative council Service.

Transcript Highlights:

• I am also here on behalf of the Nursing Legislative Agenda Coalition.
• It was then that we learned about due process.
• Due process was a miserable experience. experience.
• So we brought the due process hearing just because we...
• Legislation.

Bills: SB205, SB582, SB625, SB1884, SB1903, SB2600, SB2617, SB2751, SB111, SB3061, SB1908

Keywords: fetal development, health curriculum, public schools, middle school health education, grade 7, grade 8, State Board of Education, school health advisory council, Texas Education Code, pregnancy, reproductive health, infertility, birth defects, prenatal development, unborn child, trimester, medically accurate instruction, age-appropriate instruction, drug and alcohol effects, lead exposure

Transcript Highlights:

• We support a stakeholder process as set forth in the bill as amended.
• Talia Smith, Director of Legislative Affairs on behalf of the County of Marin.
• I'm legislative specialist with the Department of Real Estate.
• Thank you to the staff and author for working with us during this process.
• Thank you to the staff and author for working with us during this process.

Summary: The Assembly Business and Professions Committee heard a lengthy agenda of Senate bills, with most measures ultimately advancing on party-line or broad bipartisan votes after substantial testimony and several amendments. Early in the hearing, SB 418 by Sen. Menjivar was presented as a health access bill to codify ACA nondiscrimination protections in state law and require coverage for up to a 12-month supply of medically approved hormone therapy; supporters framed it as protecting continuity of care amid federal threats, while there was no opposition testimony. The committee later also took up SB 456, which would exempt muralists from contractor licensing requirements for commissioned fine art murals; supporters said recent enforcement had chilled mural projects and harmed artists and communities, and the bill passed unanimously to Appropriations. SB 641, part of the wildfire response package, and SB 774, a sunset review bill for the Department of Real Estate and Bureau of Real Estate Appraisers, also advanced with support and no opposition. SB 775 and SB 776, sunset extensions for the behavioral sciences, psychology, and optometry boards, passed after witnesses described technical changes and the need to keep the boards operating. SB 777, dealing with abandoned cemeteries, drew testimony from local governments, industry, and counties; after amendments removed a local takeover mandate and shifted the bill toward a stakeholder working group and study process, opposition softened or was withdrawn and the bill moved forward to Local Government. SB 790, on interstate reciprocity for online higher education, generated the most debate, with supporters arguing California students and institutions need stronger consumer protections and access to the national reciprocity framework, while opponents said the bill’s terms conflicted with the existing compact; it passed as amended to Appropriations after committee members emphasized continued work on student protections. The consent calendar, including SB 389 and SB 861, was also approved, and the committee adjourned after additional vote changes were recorded.

Transcript Highlights:

• process.
• So that's the overall process for Article 1.
• This process would just sort of undo the last filing.
• Should the MNERA pass both the legislative and ballot process, it would send a strong message to those
• Legislators may attempt to erase this reality by legislation, but this attempt will fail.

Bills: HF1837, HF361, HF2725, HF2566, HF2744, HF1685, HF501, HF1889, HF1389

Keywords: state policy, employment, health insurance, fossil designation, public funds, community resources, Capitol Mall, grantmaking, community vitality, livability, funding, healthy aging, aging policy, older adults, seniors, elderly, gerontology, long-term care, assisted living, nursing homes

Transcript Highlights:

• legislate on House Bill 295. legislate on House Bill 295.
• It's the basic process of due process. And this bill would do many negative things.
• It's the basic process<02:54:35.359> of<02:54:35.600> due<02:54:35.920> process.
• process of due process. process of due process.
• legislate. legislate. >> Second. >> Second. >> Second.

Keywords: 928, house, all

Summary: The work session began with HB 656, as amended, which would treat federal funds received by school districts as unanticipated money unless already listed in the annual report, and would require notices and school board minutes to identify the grant and summarize any obligations attached to accepting it. Supporters said the bill was aimed at transparency so voters would understand the “strings attached” to grants, while opponents raised concerns that the amendment was new, potentially vague, and could require districts to publish lengthy or redundant information, increasing costs and administrative burden. Several members suggested alternative approaches, such as a state-level list of common grant obligations or posting grant documents online. No vote was taken, and some members argued the bill was not ready for action. The committee then moved to HB 665, which would expand eligibility for free school meals to households at up to 300% of federal poverty guidelines and use education trust fund money to cover the added cost. Representative Damon strongly supported the bill, citing food insecurity and arguing the fiscal note likely overstated costs because the bill requires at least one free meal, not necessarily both breakfast and lunch. The discussion was just beginning when the transcript ended, and no vote or final action on HB 665 was recorded in the excerpt.

Transcript Highlights:

• type of process.
• And I'm not sure legislatively what can be done.
• Legislative session. So you went under Sunset 22, 23. Pretty rigorous report.
• They’re all acting on that as well and improving their processes. Great. Thank you.
• Gleason also worked as a legislative analyst for the Texas Senate and a budget analyst for the Legislative

Summary: The Senate Committee on Nominations held its final nomination hearing of the session and considered three nominees: J.B. Goodwin for the Texas Real Estate Commission, Courtney Yaltman for the Public Utility Commission of Texas, and Thomas Gleason as PUC chairman. Goodwin described his long career in real estate and charitable work, and senators questioned him extensively about the Real Estate Commission’s self-directed, semi-independent status, housing affordability, institutional homebuyers, property insurance costs, disclosure issues, and the Burnett v. National Association of Realtors case. Yaltman and Gleason were questioned about PUC oversight of ERCOT, post-Winter Storm Uri reforms, utility resilience and vegetation management after Hurricane Beryl, water and telecommunications oversight, staffing and transparency, and rising infrastructure and utility costs. Much of the discussion focused on housing and utility affordability, with several senators urging the nominees to keep consumer protection and public trust at the forefront. Goodwin said housing affordability and large-scale investment purchases were not within the Real Estate Commission’s direct purview, though he supported further study. Yaltman and Gleason said the PUC had increased oversight of ERCOT, improved communication and accountability with utilities, and was working on resiliency plans, rate-setting issues, and infrastructure planning while trying to avoid overburdening ratepayers. The committee first voted to favorably report nominees left pending from the May 5 agenda by a 6-0 roll call vote. After public testimony was opened and closed, the committee then voted on the nominees heard that day and favorably recommended all three to the full Senate for confirmation by a 7-0 vote. The committee then recessed subject to the call of the chair.

Transcript Highlights:

• There are federal legislation, legislation. Senators Lummis and Gillibrand have a bill.
• legislation legislation uh<00:14:00.360> Senators<00:14:01.040> Lumis<00:14:01.440>
• uh the other token leg type legislation uh the other token leg type legislation maybe<00:15:30.360
• <04:29:38.760> it yes so I watched the whole process it yes so I watched the whole process
• states that have passed legislation states that have passed legislation relative<04:46:45.040>

Keywords: 928, house, all

Summary: The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops. Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight. Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.

Transcript Highlights:

• Paul Steenhausen with the Legislative Analyst's Office.
• Carolyn True from the Legislative Analyst's Office.
• This should go through the policy process.
• Legislative Analyst's Office?
• Legislative Analyst's Office: Gook to Shenjohn with the Legislative Analyst's Office.

Keywords: 987, senate, all