Transcript Highlights:

• data, and other privacy concerns.
• Recent actions have included against automakers, retailers, mobile apps, and data brokers.
• , immigration data, and other privacy concerns.
• Recent actions have included against automakers, retailers, mobile apps, and data brokers.
• Who came in, how long did they come in, where are they looking at it—it's data.

Summary: The committee heard several public safety bills, with testimony split between supporters who framed the measures as targeted fixes and opponents who warned about overcriminalization and unintended consequences. SB 701, by Senator Wahab, drew support from law enforcement and local government groups, who said state law lacks a tool to address the conduct at issue; the ACLU opposed it as duplicative of existing law, while public defenders said they may withdraw opposition after amendments. Because there was no quorum at that point, the bill was held open without a vote. SB 834, by Senator DeRazzo, was presented as a technical cleanup bill to improve California’s automatic record clearance system by preventing outdated “pending” charges from blocking relief, requiring local court records to match DOJ records, and creating a way for people to obtain proof of relief. It received broad support from criminal justice reform and defense organizations, with no opposition, and the chair indicated support, but no final action was taken during the hearing. SB 248, by Senator Rubio, would require DOJ to send new gun purchasers educational materials during the waiting period about safe storage, suicide prevention, domestic violence, and related resources; supporters called it common-sense education, while one opponent argued the information is already available. The committee voted the bill out on a due-pass motion to Appropriations, but it remained on call pending one additional vote. Senator Rubio’s SB 19, the Safe Schools and Places of Worship Act, would create a new offense for credible threats against schools or houses of worship even when no specific individual is named. Supporters, including law enforcement and Jewish community advocates, said current law leaves a loophole and that the bill would help prevent panic and resource-draining lockdowns; opponents from civil liberties and youth justice groups argued existing law already covers threats and that the bill would worsen the school-to-prison pipeline. After a motion and second, the committee voted due pass to Appropriations, with the measure also left on call. Later, SB 759 by Senator Archuleta, prompted by the killing of Whittier Officer Keith Boyer, would require a court hearing after a third supervision violation or new offense for people on post-release community supervision; supporters said it adds accountability, while opponents said it removes probation discretion and could increase jail and court burdens. The bill passed due pass to Appropriations and was reported as passing. The committee also heard SB 6 by Senator Ashby, which would schedule xylazine as a controlled substance while preserving veterinary use. Supporters, including veterinarians, law enforcement, and a parent who lost a son to a drug-related death, said the drug is increasingly present in fentanyl mixtures and needs to be controlled; opponents from drug policy and civil liberties groups argued scheduling would criminalize users, hinder research, and repeat failed drug-war policies. After extensive debate, the committee voted the bill out due pass to Appropriations, and it passed. Finally, SB 11, the AI Abuse Protection Act, was introduced to regulate AI-generated voice, image, and video replicas, with supporters emphasizing protection against deepfakes and nonconsensual images; the California Chamber of Commerce opposed unless amended, seeking narrower definitions and limits on consumer warnings. The hearing ended while SB 11 was still under discussion, with no final vote reflected in the transcript.

Transcript Highlights:

• Illinois law, for example, requires tax or gratuity data during authorization or settlement.
• and refund process, prohibits workarounds, and poses a civil penalty, and restricts how transaction data
• Just as eBay brokers the transaction between a seller and a buyer, just as Lyft or Uber brokers the transaction
• hard to come up with a percentage because it's not based on percentage, it's based on the amount of data

Keywords: 995, all

Summary: The Special Commission on the future of payments and sales transactions by credit card heard extensive testimony from credit union, banking, retail, restaurant, and payments-industry representatives about proposals to limit interchange fees, especially on the tax and tip portions of transactions. Several witnesses opposed state-level restrictions, arguing they would create a patchwork of rules, burden state-chartered institutions, raise compliance complexity, and ultimately reduce resources for fraud prevention, cybersecurity, rewards, and access to credit. Others, including retail and merchant advocates, said swipe fees are a significant and growing cost for small businesses and that states should consider reforms such as limiting fees on taxes and tips, allowing surcharging, improving transparency in merchant contracts, and studying collection costs more closely. Witnesses also discussed recent legal and regulatory developments, including Illinois’s interchange-fee law, OCC and NCUA interim rules, and the ongoing Visa/Mastercard antitrust settlement. Industry representatives said the Illinois law has been delayed and is likely preempted for most transactions, while merchant advocates argued the state efforts and court rulings show that networks and banks do not set fees competitively. The proposed antitrust settlement was described by some as a meaningful but limited merchant victory, with temporary fee reductions and expanded surcharge/steering rights, while others said it still falls short of structural reform. The commission members pressed witnesses on the practical effects of fees, the cost of cash, whether merchants can pass costs through, and whether small businesses are actually seeing benefits from the current system. Members repeatedly emphasized the need for a fair middle ground that protects both small businesses and the payment system. No substantive votes or policy actions were taken beyond accepting testimony, and the meeting ended with adjournment after all scheduled witnesses had spoken.

Transcript Highlights:

• Data shows that debt collection disproportionately affects communities of color, who already face economic
• Let's allow that program to generate data and insights first.
• In the most recent data in 2016, four Massachusetts small claims courts issued 1,325 civil arrest warrants
• America Hose Lende is not a lender, is not a commercial institution, is not a bank, and not a broker.
• Even the person that owned the lender, the mortgage broker, they were closed down.

Keywords: 995, all

Summary: The Committee on Financial Services heard testimony on several bills focused on consumer debt, mortgage regulation, credit unions, and foreclosure prevention. The Attorney General’s Office strongly supported the Debt Collection Fairness Act (S. 735/H. 1275), saying it would curb abusive debt collection, prevent stale claims, limit civil arrest warrants, modernize wage garnishment rules, and reduce judgment interest rates. Senator Eldridge and legal aid advocates echoed that support, while the Massachusetts Bankers Association and the Massachusetts Mortgage Bankers Association supported bills on credit union mission/competition, consumer privacy in mortgage applications, subprime loan definitions, UCC updates, and protections for vulnerable adults, but opposed foreclosure mediation proposals and several credit union expansion measures, arguing they would distort competition and add unnecessary burdens. A large portion of the hearing focused on foreclosure prevention bills (S. 765/H. 1090), with testimony from homeowners, housing organizers, and legal advocates describing predatory lending, confusing servicing practices, health harms, and displacement caused by foreclosure. Supporters said a statewide pre-foreclosure mediation program would give borrowers and lenders a chance to reach alternatives such as loan modifications or repayment plans, and cited local experience in Lynn where mediation reportedly produced high rates of foreclosure alternatives. Opponents from the banking industry argued Massachusetts already has strong foreclosure protections and that a new mandatory process could delay resolution without added benefit, though they also noted a 2024 pilot should be evaluated first. The committee also heard strong support for H. 1282/S. 684, which would update the Massachusetts Uniform Commercial Code. State Street and a bankruptcy attorney said the changes are needed to keep commercial law current with electronic transactions, tokenized assets, and blockchain technology, and to maintain competitiveness with other states. The hearing concluded after public testimony, with no bill votes taken during the session; the chair thanked speakers and the committee voted to adjourn.

Transcript Highlights:

• So generations United has data that shows for every one child being cared for by Ken...
• A lot of the data isn't necessarily present because they may not be being tracked. by different systems
• Instead, the agency will focus on more advanced, data-driven and fraud detection methods.
• our contractors, and that's three different contractors. under our TMHP contract and our enrollment broker
• contractors in it, and they, they, We are dividing those costs, and then there is also the enrollment broker

Bills: HB26, HB140, HB141, HB142, HB215, HB26, HB140, HB141, HB142, HB215

Keywords: Medicaid, nutrition support, maternal health, chronic conditions, pilot program, DFPS, Department of Family and Protective Services, child protective services, child abuse investigations, child neglect, child exploitation, advisory committee, Family and Protective Services Council, council abolition, foster care, due process, investigative procedures, child welfare, parental rights, family preservation services

Transcript Highlights:

• by commissioning an economic analysis of the entire industry, giving lawmakers and regulators the data
• With that data in hand, we can begin to build a more balanced and informed approach to licensing, one
• Without the data and licensing targets, continuing to flood the market with new licenses only further
• that is out there from the times that we created our own regulations. ...a lot more research and data
• The data clearly supports this strategy, thanks in large part to strict ownership caps.

Keywords: 995, all

Summary: The Joint Committee on Cannabis Policy held its first hearing of the 194th session to take public testimony on 21 cannabis-related bills. Chairs Donahue and Gómez outlined hearing procedures and noted that written testimony would also be accepted. Much of the hearing focused on the Cannabis Control Commission (CCC), with Senator Mike Moore urging support for S. 90 to create an inspector general unit within the CCC. He argued the commission has suffered from dysfunction, workplace harassment allegations, delayed governance reforms, missed fee collections, and high legal costs, and said stronger legislative oversight is needed. Committee members largely agreed the CCC needs reform, though some expressed hope that new leadership would improve operations. A major theme was market structure and business viability. Representative Tyler testified for H. 183 to raise adult-use purchase limits from one ounce to two ounces, saying the change would reduce confusion and help retailers compete with neighboring states. Senator Payano supported S. 100, which would require a study of cannabis supply and demand to guide cultivation licensing, warning that oversupply is driving down prices and threatening cultivators. The Massachusetts Cannabis Coalition, represented by Ryan Dominguez, backed a package of bills aimed at increasing revenue, reducing regulatory burdens, attracting investment, and stabilizing the market, including higher purchase limits, simpler badge and testing rules, and a phased increase in the retail license cap. Attorneys Kevin Conroy and Mike Ross also supported raising the cap, arguing that the industry lacks capital and that more investment and exit opportunities are needed for provisional and distressed licensees. The most contentious issue was whether to raise the retail license cap from three to six. Supporters, including several business owners and industry advocates such as Peyton Shubrick, Tito Jackson, Armani White, Sean Burt, and others, said the current cap traps owners in declining businesses, prevents exits, and limits access to capital. They argued that many social equity and economic empowerment operators are struggling, that oversupply has pushed prices down, and that allowing more ownership could help businesses scale or sell. Opponents, including Senator Liz Miranda and several social equity operators, warned that lifting the cap now would let larger operators and multi-state companies dominate the market and harm equity-owned businesses. Miranda’s S. 88 would instead strengthen enforcement of ownership limits through audits, whistleblower protections, an anonymous tip line, and greater transparency. Another major topic was worker and consumer safety: Laura Bruno, Danny Carson, Al Vega, and others supported H. 194 after the death of Lorna McMurray, arguing for a CCC workplace and consumer safety department, better ventilation and PPE standards, stronger testing oversight, and retaliation protections for workers. The hearing ended without votes, with members thanking testifiers and indicating the committee would continue reviewing the bills.

Transcript Highlights:

• Offline, we can get you some data.
• Offline, we can get you some data.
• We're looking at what kind of site selection data have they provided.
• There is a lot of evidence and data that shows the work that Rediff is doing is successful.
• points to... ...the market condition reports that we recommend, then combined all these data points

Summary: The Assembly Budget Subcommittee 5 on State Administration heard presentations from Go-Biz and the Department of Financial Protection and Innovation on the Governor’s budget proposals. Go-Biz described California Jobs First, the state’s 10-year economic development strategy, and emphasized support for small businesses, workforce development, and targeted investment in sectors such as ag tech, life sciences, semiconductors, and advanced manufacturing. Members raised concerns about federal policy changes, tariffs, tourism, housing, child care, and whether state incentives are truly additive; Go-Biz responded that it tracks federal actions closely, works with chambers and advocates, and uses programs like California Competes to target jobs that would not otherwise come to California. The committee then reviewed the proposal to restore the California Competes grant program with $60 million. Go-Biz said the grant would help businesses that cannot use the nonrefundable tax credit, and explained the program’s five-year contracts, milestone-based awards, and recapture provisions. The Legislative Analyst’s Office said the grant could be effective but recommended stronger oversight and clearer eligibility criteria, while also noting the 30% cap in trailer bill language may be too restrictive given the smaller funding level. Public testimony supported the grant and suggested considering refundability or transferability for the tax credit to broaden access for smaller and startup businesses. Members also heard the CHIPS-related proposal for $25 million to support Natcast’s semiconductor design and collaboration facility in Sunnyvale. Go-Biz and public witnesses argued the state investment would help secure a major federal research facility, retain engineering talent, and leverage billions in broader investment, while the LAO recommended rejecting the item because of its dependence on uncertain federal funding and the state’s budget condition. The committee also considered a $17 million continuation of CA RISE, which supports employment social enterprises; Go-Biz and several grantees cited strong job placement and workforce outcomes, while the LAO recommended rejection absent a more rigorous evaluation, noting prior LA RISE evidence did not show long-term employment gains. Finally, the Department of Financial Protection and Innovation presented budget requests for IT security and rent increases, and a trailer bill to raise fees across several programs. DFPI said decades-old fee schedules, inflation, and new regulatory responsibilities have created a structural deficit and warned the department could face insolvency without adjustments. The LAO recommended approving the fee increases only on a three-year limited-term basis and asked for more detailed revenue plans for programs not covered by the proposal, so the Legislature can assess actual collections and market impacts before making the changes permanent.

Bills: HR1041, SB137, SB1255, SB1226, SB1238, SB1258, SB1325, SB1460, SB1543, SB1730, SB1921, SB1733, SB1216, SB1256, SB1061, SB1534, SB1873, SB1653, SB540, SB1948

Keywords: electronic monitoring, Department of Corrections, criminal justice, rehabilitation, public safety, medical parole, compassionate release, incarcerated, medical conditions, Oklahoma Department of Corrections, motor vehicle, accident, notification, liability, civil action, gender neutral, domestic abuse, domestic violence, assault and battery, strangulation

Bills: HR1041, SB137, SB1255, SB1226, SB1238, SB1258, SB1325, SB1460, SB1543, SB1730, SB1921, SB1733, SB1216, SB1256, SB1061, SB1534, SB1873, SB1653, SB540, SB1948

Keywords: electronic monitoring, Department of Corrections, criminal justice, rehabilitation, public safety, medical parole, compassionate release, incarcerated, medical conditions, Oklahoma Department of Corrections, motor vehicle, accident, notification, liability, civil action, gender neutral, domestic abuse, domestic violence, assault and battery, strangulation

Transcript Highlights:

• That metric data is considered non-public data.
• data.
• is non-public data.
• That metric data is non-public data.
• data should be non-public<00:40:39.440> data.

Bills: HF4075, HF3826, HF3825, HF3827, HF3459, HF3711, HF4200, HF3908, HF3712

Keywords: firearm restrictions, domestic violence, public safety, court orders, criminal convictions, identity theft, subpoena authority, fraud, statute of limitations, financial crime, victim notification, expungement, criminal justice, plea agreements, minor victims, identification protection, stalking, crime data, Bureau of Criminal Apprehension, law enforcement grants

Transcript Highlights:

• She said she would like to understand the data, how many people this is affecting, how long this has
• So I'd like I'd like to understand<01:33:55.840> the<01:33:56.159> data<01:33:56.639>
• how we find that data or who provides<01:34:10.320> it<01:34:10.480> to<01:34:10.639><
• Um, so I'm just making a data important.
• and I think making that available data and I think making that available to<01:34:38.320> the

Bills: HF4479, HF4368, HF4889

Keywords: higher education, public university, college campus, postsecondary institution, Minnesota State Colleges and Universities, University of Minnesota, town hall, town hall meeting, elected official, legislator, public forum, constituent meeting, campus access, free meeting space, parking fees, civic engagement, public outreach, chapter 135A, HF4368, Minnesota State

Summary: The committee approved the April 9 minutes and then took up House File 4479, which would require public postsecondary institutions to make space available for town halls and similar official events by elected officials, with limits intended to keep the events on the official side and not campaign-related. Representative Frederick said the bill is meant to prevent universities from creating barriers such as fees or parking charges and to ensure a neutral, accessible venue for community conversations. The bill was laid over for possible later action. The committee heard supportive testimony from Jim Dimmick of Minnesota State University, Mankato, who argued that town halls should be public, open, moderated, and dialogic rather than speeches, and said universities should be centers for public discourse. He also said charging fees can undermine neutrality and that using partisan student groups to sponsor events can create the appearance of bias. Minnesota State official Mr. Omen said campuses often host these events, fees are set locally to cover costs, and student government sponsorship can sometimes avoid charges; he also noted the fee at Mankato is discounted and depends on room size. Several members raised concerns about the bill. Representative Scott, Chair Robbins, Representative Schwarz, Representative Allen, and others argued that campuses should not be required by statute to give legislators special treatment, that fees and parking costs cover real expenses, and that universities should remain focused on education rather than political events. Questions also focused on who would decide what room size is reasonable, how disputes would be handled, and who would pay for security if protests or safety issues arose. Representative Frederick responded that room selection would be a good-faith partnership with the university, that the bill does not require a town hall or guarantee a specific room, and that security funding is not spelled out in the bill.

Transcript Highlights:

• Certainly not, based on the data. It works well. It verifies instantly about 98% of the time.
• insurance agents, attorneys, mortgage insurance companies, mortgage loan originators, real estate brokers
• insurance agents, attorneys, mortgage insurance companies, mortgage loan originators, real estate brokers
• or realtors. ...mortgage insurance companies, mortgage loan originators, real estate brokers or realtors
• insurance agents, attorneys, mortgage insurance companies, mortgage loan originators, real estate brokers

Keywords: 994, senate, all

Transcript Highlights:

• out of that to pull data from that to look at what really are the needs.
• Get all the data.
• I do know that our data team, our data staff get a lot of inquiries, so they are very busy with many
• As to the data analytics versus the, well, first of all, the data analytics work in tandem with the boots
• Um, and I'm so glad you went over the CWP, um, all that data.

Transcript Highlights:

• out of that, to pull data from that to look at what really are the needs.
• Yeah, I think the data should help.
• I do know that our data team, our data staff get a lot of inquiries so they are... are very busy with
• As to the data analytics versus the, well, first of all, the data analytics work in tandem with the boots
• I'm so glad you went over the CWOP, all that data.

Keywords: 1184, house, all

Transcript Highlights:

• In fact, there's no payment error rate data at all for a couple of years of the pandemic.
• This is really impressive data, especially considering how painful the unwinding was.
• So, it's based on your income, your household data, and those kinds of things.
• IRS does not have tax data available for whatever reason.
• We have agents... ...and brokers, and then we have enrollment counselors.

Transcript Highlights:

• I'm an employee benefits broker.
• We represent all the benefit brokers in Massachusetts and, by extension, all the employers in this state
• I am the Region 1 Vice President of the National Association of Brokers and Insurance Professionals.

Keywords: 995, all

Summary: The Joint Committee on Financial Services held a hearing with Chair Jamie Murphy and Senate co-chair Senator Feeney presiding. Members asked witnesses to keep testimony to three minutes and noted that written testimony could still be submitted. The committee heard testimony on several health insurance and pharmacy-related bills, including a proposal to allow controlled prescriptions to be transferred between pharmacies within the same chain, legislation affecting health savings account (HSA)-compatible plans and future insurance mandates, a bill on small business health insurance incentives, and H. 1212 on emergency insulin access. Several parents and patients testified in support of emergency insulin access, describing severe diabetes emergencies, diabetic ketoacidosis, prescription delays, and the need for pharmacists to dispense insulin in urgent situations when doctors or insurers are unavailable. A parent also described the burden of repeatedly obtaining new prescriptions for ADHD medication when pharmacies are out of stock. Witnesses supporting the HSA bill argued that state coverage mandates can unintentionally disqualify HSA-qualified plans and that the bill would preserve tax advantages for enrollees while avoiding repeated legislative fixes. A representative of the Retailers Association supported the small business health insurance incentives bill, saying it could help retain small employers in the merged market by allowing carriers to offer financial incentives tied to cooperative purchasing and utilization efforts. One witness, Kathleen Demarest, testified against a co-pay assistance restriction, saying a state rule had unexpectedly cut off her drug assistance before a generic was actually available, leaving her with very high out-of-pocket costs. Committee members asked a few clarifying questions about HSAs, insulin dispensing, and school support for diabetes care. After all scheduled witnesses had testified and no additional testimony was offered, the committee voted to close the hearing.

Transcript Highlights:

• I know that this has been brokered for the last couple months.
• Yes, the bill has been brokered for the last couple of months.
• It certainly has not been brokered with stakeholders from all sides.

Keywords: 1182, all

Transcript Highlights:

• Talking with HPIA's current reinsurance broker, they had a condo mall risk in another state, not Hawaii
• they had a condo Mall risk in broker they had a condo Mall risk in another<00:43:23.720> state
• addresses this issue, they come up with what's known as a loss cost factor, which takes all of the data
• I'm not sure why you didn't just do an RFP to see what's out there in terms of other insurance brokers
• I mean, that doesn't make a lot of sense. other insurance brokers or carriers um other insurance brokers

Keywords: 910, house, all

Transcript Highlights:

• I know that this has been brokered for the last couple months.
• Yes, the bill has been brokered for the last couple of months.
• It certainly has not been brokered with stakeholders from all sides.

Summary: The Senate opened with prayer, the pledge, attendance, and routine journal and communication actions, including a temporary committee replacement appointment and confirmation of Todd D. Haney to the State Board of Education. The chamber then moved into the Committee of the Whole to consider House Bill 4001, which concerns vaping/nicotine product regulation. Members debated a committee amendment and a floor amendment offered by Senator Bolick; supporters described the bill as a first step toward regulating harmful products and keeping them away from children, while opponents argued it was too weak, lacked retail licensing and enforcement, and did not adequately protect public health. The Committee of the Whole adopted the amendments and recommended the bill do pass, and the full Senate later passed HB 4001 on a 24-0-1 vote after additional debate on the same public health and enforcement concerns. The Senate then took up several other measures on final reading. House Bills 2720, 2078, 2501, 2686, and 2574 all passed, with votes ranging from 17-7 to 26-0. The chamber also concurred in House amendments to several Senate bills, including SB 1067, SB 1172, SB 1232, SB 1214, and SB 1478. During debate on HB 2078 and other bills, members used points of personal privilege to recognize staff and explain votes, but no additional amendments were adopted on those measures. On final readings, SB 1566, dealing with residential construction and delay enforcement, passed 17-9 despite concerns that its definition of malicious delay was too broad and could invite litigation. SB 1067, SB 1172, SB 1232, SB 1426, and SB 1478 also passed, with some members speaking in support of homeowner protections, administrative changes, or liquor policy updates, while others opposed the liquor bill and raised public health concerns about alcohol access in border communities. The Senate concluded by announcing party caucuses and adjourning until June 1, 2026.

Transcript Highlights:

• And so they'll go to their broker.
• concern when you have individuals who've owned homes for a while, who aren't working with an active broker
• “That's why it's important to work with brokers.

Keywords: 959, house, all

Summary: The House Insurance Committee heard testimony on House Bill 2250, which would require insurers, beginning in 2027, to pay for full siding replacement when storm damage affects only part of a home and matching siding is not reasonably available. Sponsor Rep. Jaclyn Zimmermann said the bill is intended to codify existing Missouri case law and address complaints from constituents who were left with mismatched siding after hail damage, especially in older homes where the original materials are no longer made. Committee members generally expressed support for the consumer-protection goal, while also discussing possible changes such as limiting the requirement to certain elevations or adding clearer policy disclosures. Opposition testimony came from the Missouri Insurance Coalition, which argued the bill could raise premiums for all homeowners and noted that consumers can already buy more comprehensive coverage if they choose. Coalition witnesses said insurers should repair direct physical damage but warned against requiring full-house replacement for cosmetic mismatch, citing a prior St. Louis-area experience where a similar requirement reportedly increased premiums. Members and witnesses also discussed related issues such as consumer understanding of policy terms, the availability of different policy products, and whether contractor payroll or fraud concerns should be addressed separately. No vote was taken on HB 2250. After the hearing, the committee established a quorum and moved to executive session on House Bill 3328. The committee adopted a House Committee Substitute that removed the IBHS certification requirement in favor of a non-biased third-party testing lab and removed the adjuster cap, while otherwise keeping the bill’s stronger home program framework. The committee then voted the House Committee Substitute for HB 3328 do pass by a vote of 9-0, and the meeting adjourned.

Transcript Highlights:

• Uh, basically the changes begin on, if you look at line 46, currently if you're a pawn broker, if you
• So, uh, what this proposed change would do would be allow the pawn brokers to just in gold and only in
• And really pawn brokers are at a disadvantage anyway.
• The Mississippi Palm Brokers is represented in the room and I'd like them to speak to that with your
• I represent the Mississippi Pawn Brokers Association. I have six stores in central Mississippi.

Keywords: Business and Financial Institutions - Room 409, 2 February, 2026; 2:00 P.M., 925, all

Summary: The committee first took up Senate Bill 2725, which would shorten the required hold period for pawn brokers on precious metal coins and bullion from 21 days to 3 days, change fingerprinting renewal from annually to every three years to match FBI requirements, and make a technical address update. The sponsor and a Mississippi Pawn Brokers Association representative said the change was needed because gold and silver prices are volatile and pawn brokers are disadvantaged compared with jewelry stores. After questions about whether the bill affected pawn loans, the committee adopted a do pass motion and passed the committee substitute. Next, Senate Bill 2530 on perpetual care cemeteries would raise the trust-fund threshold from $50,000 to $75,000 and allow longer-term CDs so cemetery funds can earn more interest. Members discussed Secretary of State oversight, annual reporting, and the fact that only interest, not principal, may be used for cemetery care. The committee then moved the bill out with a title sufficient do pass recommendation. The committee also considered Senate Bill 2712, which would allow small lenders to charge up to a $10 fee for insurance in lieu of filing a UCC on certain collateralized loans. It was described as a way to reduce costs and follow guidance from the Department of Banking and Consumer Finance, and it was passed out on a do pass motion. Senate Bill 2714, a major unclaimed property bill, drew extended discussion about creating a legal process for abandoned safe deposit boxes: banks would inventory contents with a notary and two officers, notify owners and heirs, transfer contents to the Treasurer after notice periods, and allow the Treasurer to auction items while preserving proceeds for claimants. Members raised concerns about notice methods, privacy, wills and other documents, and whether first-class mail should be changed to registered mail; the committee adopted a conceptual amendment to use registered mail and added a reverse repealer, then passed the bill out. Finally, Senate Bill 2732 was introduced to combat identity theft by allowing a child’s credit to be frozen at birth through a form provided with the birth certificate. The sponsor said the bill is aimed at protecting minors from fraud and noted that credit freezes and unfreezes are free. The discussion was brief, and the bill was presented as a consumer protection measure for children.