Transcript Highlights:

• while the program encompasses everything, you could be looking at two to three, even four months depending
• It just depends.
• that go out throughout the year, so they are looking at a total of maybe 100 to 150 at the most, depending
• that go out throughout the year, so they are looking at a total of maybe 100 to 150 at the most, depending
• The witness said it can do 100, maybe 150 at the most, depending on the needs of their contractors.

Bills: HB1688, HB2386, HB1691, HB1680, HB2516, HB1993, HB2442, HB1510, HB1958, HB1915, HB1692, HB1524, HB1884, HB1523, HB2213, HB2186, HB2163, HB1908, HB1910

Keywords: general excise tax, aircraft maintenance, tax exemption, aviation industry, economic competitiveness, water carriers, automatic adjustment mechanism, regulatory compliance, rate adjustments, public utilities commission, Hawaii Revised Statutes, biosecurity, community outreach, transportation rates, vehicle ownership, salvaged vehicles, insurance settlement, electronic signatures, administrative efficiency, vehicle transfer

Summary: The committee first took up SB 2699, which would create a youth transit program within DOT and a special fund tied to the environmental response/energy/food security tax fund. The chair described support from several agencies but also noted Attorney General concerns about whether the special fund met statutory criteria, DOE comments requesting a July 1, 2026 effective date, and broader funding concerns because the bill would draw from general fund resources. The chair recommended deferral, saying the measure involved significant long-term costs and needed more work on a funding mechanism. The committee deferred the bill. The committee then heard SB 3182, relating to administrative license revocation procedures. HDOT supported the measure, while the Judiciary opposed the bill as written, citing operational, staffing, fiscal, and mailing burdens from requiring ADLRO to mail all case documents to every respondent within five days. Judiciary said it handles about 3,000 to 4,000 DUI cases annually and would need additional staff and certified-mail costs. Prosecutors from the state and county supported a proposed SD1 version, saying it would address backlog concerns and help DUI enforcement by creating a presumption of revocation. The committee ultimately recommended support and passage of SD1. The committee also heard SB 3313 on interisland air service stability and transformation. The Attorney General warned the bill could be preempted by the federal Airline Deregulation Act and raised constitutional concerns about a local-hire provision. DOTAX said the program would be complicated to administer and suggested third-party certification. No action was taken in the excerpt. The committee then heard SB 3337, which would eliminate state taxes on gasoline and diesel fuel for motor vehicles; HDOT opposed it, while DOTAX provided comments and the Hawaii Transportation Association supported it. The transcript then moved to SB 2896, lowering the minimum age for commercial driving from 19 to 18. HDOT supported the bill, the Hawaii Transportation Association strongly supported it and suggested added training requirements, and an Operating Engineers representative supported the concept but urged that young drivers be tied to apprenticeship or other structured training programs. No vote was shown in the excerpt. Finally, the committee heard SB 2400, which would exempt wing-in-ground craft from the Hawaii Waters Act and define those craft in law. The PUC supported the bill’s intent, and Regent Craft testified in strong support, describing sea gliders as all-electric vessels that could improve interisland access, resiliency, and decarbonization while using existing harbor infrastructure. HTDC and several other groups also supported the measure. Members asked about infrastructure, ports, weather operations, and Coast Guard jurisdiction, and the witness said operators would decide harbor locations and that the company had identified multiple possible ports. No final committee action was included in the excerpt.

Transcript Highlights:

• So next on this slide, it shows how this fact pattern can result in different amounts of tax depending
• Again, this can result in gains to revenue or loss to revenue depending on the company.
• It may bring revenue to California, may lose revenue for California, depending on how profitable those
• And depending on the industry, you're talking about that joint venture or that partner may be a foreign
• knows how to audit it, but they also have to have the documents to audit, so that's the problem, depending

Summary: The joint informational hearing examined California’s taxation of multinational corporations, especially the Water’s Edge election versus worldwide combined reporting. Chairs opened by framing the issue as a review of whether current rules fairly and sufficiently tax foreign subsidiary income, given profit shifting concerns, budget pressures, and the long history since Water’s Edge was adopted in the 1980s. The first panel from the Legislative Analyst’s Office and Franchise Tax Board explained the mechanics of unitary taxation, apportionment, and the Water’s Edge election, and provided filing data showing Water’s Edge filers are a small share of returns but account for a large share of corporate tax liability. FTB witnesses said the agency already administers both methods and could handle a shift to mandatory worldwide reporting with education and outreach, though revenue estimates are difficult because foreign affiliate information is not directly available. Committee members asked about foreign government pushback, administrative burden, industries with more profit shifting, revenue uncertainty, and whether companies would leave California. LAO and FTB witnesses said pushback from foreign governments was plausible, but they did not expect major business flight because California’s tax is largely based on sales rather than physical presence. They also said worldwide reporting could reduce profit shifting but might increase revenue volatility and litigation risk. A second panel of academic and tax policy witnesses argued that Water’s Edge is a loophole that rewards aggressive tax planning, that worldwide combined reporting would better capture income tied to California, and that modern federal and international rules such as NCTI/GILTI, CAMT, and Pillar Two reduce compliance concerns and make a return to worldwide reporting more feasible. They also said California’s current system can create selection effects and may under-tax large multinationals. In the next panel, a California Budget and Policy Center witness urged eliminating the Water’s Edge election, calling it a costly loophole that benefits large global corporations over smaller domestic businesses and deprives the state of billions in revenue that could support health care and other services. A Silicon Valley Leadership Group witness gave historical context for why Water’s Edge was adopted and began outlining concerns about compliance, double taxation, and the risk of overreaching beyond income truly connected to California. No bill was voted on or advanced; the hearing was informational only, with members using the testimony to weigh the policy trade-offs and possible transition periods if the Legislature were to change the current rules.

Transcript Highlights:

• So next on this slide, it shows how this fact pattern can result in different amounts of tax depending
• Again, this can result in gains to revenue or loss to revenue depending on the company.
• It may bring revenue to California, may lose revenue for California, depending on how profitable those
• And depending on the industry, you're talking about that joint venture or that partner may be a foreign
• knows how to audit it, but they also have to have the documents to audit, so that's the problem depending

Summary: The joint informational hearing focused on California’s taxation of foreign subsidiaries of U.S. corporations, especially the state’s water’s-edge election versus worldwide combined reporting. Committee members and witnesses discussed how unitary taxation and sales-factor apportionment work, why multinational corporations are a small share of filers but a large share of tax liability, and how foreign income, profit shifting, and double taxation concerns affect policy choices. The Franchise Tax Board explained current filing rules, the seven-year water’s-edge election, and recent filing statistics showing about 21,562 water’s-edge returns in 2023, roughly 6% of C corporation filers but about half of corporate tax liability. The Legislative Analyst’s Office and FTB staff emphasized that revenue effects from eliminating water’s edge are uncertain because foreign affiliate income is not directly observable, and they noted possible revenue volatility and administrative complexity. Several committee members asked about foreign government pushback, the burden on FTB, whether certain industries are more likely to shift profits, and whether companies would leave California; witnesses generally said there was no strong evidence that firms would exit the state because tax liability is driven mainly by California sales. They also discussed how California already administers both methods, how the election can be advantageous or disadvantageous depending on a firm’s facts, and how federal reforms like GILTI/NCTI, CAMT, and OECD Pillar Two may affect the issue. The second panel presented sharply contrasting views. One professor and a tax policy advocate argued that water’s edge creates unfairness, encourages profit shifting, and leaves California with billions in lost revenue, while a Tax Foundation witness argued that mandatory worldwide reporting would tax the wrong income, create double taxation and litigation risk, and impose heavy compliance burdens, especially for foreign-based multinationals. A later panel from the California Budget and Policy Center supported closing the “water’s-edge loophole,” saying it would raise needed revenue for public services and level the playing field between large multinationals and smaller domestic businesses. No vote or formal action was taken; the hearing was informational only.

Transcript Highlights:

• And depending on where I began practicing, I might have a corporation that's incorporated in Texas or
• places that aren't part of a hospital that may or may not be subject to uncapped punitive damages, depending
• It depends.
• I would say it depends and it's complicated.
• So those would not be assets of an LLC or an S corp or a C corp, depending on the type of filer, but

Bills: HB99, HB49, HB164, SB30, SB43, SB50, SB136

Keywords: medical malpractice, malpractice reform, patient's compensation fund, PCF, health care liability, tort reform, damage caps, punitive damages, hospital liability, physician liability, nurse practitioner, certified nurse-midwife, outpatient facility, ambulatory surgical center, urgent care, free-standing emergency room, insurance surcharge, superintendent of insurance, New Mexico hospitals, medical review process

Summary: The committee first took up House Bill 99, which would make changes to the Medical Malpractice Act, especially around punitive damages. The chair and sponsor said the bill would not be voted on that day and that public comment would wait until Monday, when a fuller presentation and any recommended substitute would be considered. Dr. Brooke Baker, a physician-lawyer, gave a long presentation on physician wellness, malpractice stress, and the effect of litigation on staffing and burnout, while also discussing hospital ownership structures, private equity, and rural hospital vulnerability. She argued that punitive damages are often pled too broadly in New Mexico, that the amendment language was unclear about which entities would be capped, and that better oversight and internal quality systems—not punitive damages—are the better tools for addressing bad actors and unsafe care. Committee members from both sides asked extensive questions about the patient compensation fund, indemnification, corporate structures, the effect of caps on insurance and recruitment, and whether the bill would protect physicians’ personal assets. No vote was taken on HB 99, and the committee recessed before moving to the next bill. The committee then returned to House Bill 49, a public safety measure increasing penalties for felons who possess firearms. The sponsors and law enforcement witnesses said the bill is aimed narrowly at serious violent felons who are already prohibited from having guns, and that it would align state sentencing with federal law and give police and prosecutors a stronger tool against repeat violent offenders. An amendment was offered to narrow the bill further, add destructive devices, and make the offense a second-degree felony rather than escalating to first degree on repeat offenses. The amendment was adopted without opposition. Public testimony on HB 49 was largely opposed. The Law Office of the Public Defender argued the bill criminalizes possession without a new act of violence, that current law already punishes felon-in-possession conduct, and that New Mexico has repeatedly increased penalties without evidence of reduced gun crime. The ACLU of New Mexico also opposed the bill, saying increased penalties are not a proven deterrent. The transcript cuts off as additional online opposition testimony was beginning.

Transcript Highlights:

• It depends on the emergency. It depends on the emergency.
• And it all is dependent on what is going on in relation to emergency management and response.
• And what I mean by that is we have become, as a nation, far too dependent on the federal government.
• I think all of you would agree that now more than ever, our cities and counties depend on the Florida

Bills: S7040, S0110, S0434, S0856

Keywords: property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property

Summary: The committee met with a quorum present and took up three property-tax related bills before turning to a broader discussion of the Emergency Preparedness and Response Fund. SB 434, which would prohibit counties from increasing a residential property’s assessed value because the owner installed wind mitigation measures, was presented by Senator Lee and reported favorably. CS for SB 110, which clarifies that holders of 98-year-or-longer residential leases remain eligible for the homestead exemption even if the lease ends at death, was also reported favorably. SB 856, requiring online residential listing platforms to display estimated property taxes using prescribed calculation methods and not the current owner’s tax bill, drew support from property appraisers, Zillow representatives, and others and was reported favorably after questions about transparency and realtor obligations. The committee then considered SPB 7040, which would recreate and extend the Emergency Preparedness and Response Fund through December 31, 2027. Senator DiCeglie and Division of Emergency Management Director Kevin Guthrie argued the fund is needed for hurricane response, other natural and man-made emergencies, and reimbursement-based spending; they said the extension preserves legislative oversight that would otherwise lapse. Several senators questioned the use of the fund for immigration-related operations, detention facilities, and other non-disaster activities, as well as the lack of additional guardrails, reimbursement timing, and transparency. Guthrie said the division has used the fund for hurricanes, flooding, civil unrest, security operations, and other incidents, and that some reimbursements are still pending from the federal government. Public testimony on SPB 7040 was largely opposed. Speakers from the Florida Center for Fiscal and Economic Policy, the Southern Poverty Law Center, Florida for All, and others argued the fund has been repurposed for immigration enforcement and detention-related spending rather than true emergencies, and raised concerns about deaths in detention and the absence of competitive bidding and oversight. Guthrie answered extensive questions about the South Florida and North Florida detention facilities, Operation Vigilant Sentry, State Guard support, reimbursement requests, equipment purchases, and legislative access to facilities. The committee did not take a final vote on SPB 7040 within the portion of the transcript provided.

Transcript Highlights:

• Because it kind of depends on what we have to be consistent throughout.
• It’s cost and market both depending on where you’re located.
• You could have two identical houses from the outside, but depending on what’s on the interior, it can
• proportionately... ...If our local revenue drops 48%, their state funding will drop proportionately depending
• Hancock keeps government and elected officials in check without getting a windfall from time to time, depending

Keywords: 959, house, all

Transcript Highlights:

• together, we doubled the earned income tax credit and the food tax credit and increased the child and dependent
• 02.559><c> and</c> tax credit and increased the child and tax credit and increased the child and dependent
• care</c><00:22:03.360><c> credits,</c><00:22:04.000><c> leaving</c><00:22:04.320><c> Hawaii</c> dependent
• care credits, leaving Hawaii dependent care credits, leaving Hawaii families<00:22:05.280><c> $88</c
• Our transformational energy plan reduces dependence on oil.

Keywords: 910, house, all

Transcript Highlights:

• That's how they become dependent until they move out. And that's part of it. ...self-sufficient.
• That's how they become dependent until they move out.
• We're becoming more and more dependent on people that are leaving, and we're getting a lot of people
• that are dependent on us to help them afford a house, afford food, afford medical care, and afford all
• Some of the cities also don't have the talent pool on staff, depending on their size, too.

Keywords: 987, senate, all

Transcript Highlights:

• It's all dependent on each. It's all dependent on EDs and other people. We're the assessor.
• These programs are very community- and context-dependent, which means that any effort needs to establish
• These programs are very community and context-dependent, which means that any effort kind of needs to
• It depends on the call, right?

Summary: The Community Safety Committee held an interim work session on crisis response, with members and witnesses discussing how Washington can better integrate 911, 988, mobile crisis, co-response, and alternative response models for behavioral health crises in public spaces. Travis Parker opened with an overview of the Sequential Intercept Model and the crisis care continuum, emphasizing early intervention, 988 access, regional coordination, navigators and peer support, and the need for sustainable braided funding. Several Washington witnesses then described current programs and system gaps, including the growth of co-response teams, the importance of integrating 911 and 988 rather than treating them as competing systems, and the need to reduce unnecessary emergency room use and improve first responder wellness and training. City, fire, and crisis-system representatives described local challenges and reforms. Kim Hendrickson of Poulsbo said most crisis calls still come through 911 and urged better coordination among field-based teams, more behavioral health training for fire/EMS, and more alternatives to ER transport. Laura Pippen, a designated crisis responder, described a strained involuntary treatment system, fewer DCRs statewide, difficulty getting law enforcement support for transports, and limited facility capacity, especially for substance use disorder. Jennifer Stuber and South County Fire’s Keith Sharp highlighted workforce training, a crisis responder certificate program, and first responder wellness efforts. Research witnesses Evan Lauder and James Pine said the evidence is still developing but generally supports on-scene resolution, reduced ED transport and detention in some models, and the importance of clear dispatch protocols, coordination, and ongoing evaluation. Dispatch and program operators then gave examples of how systems are working in practice. Katie Myers of Washington APCO/NENA said 911 remains essential, but needs evidence-based triage protocols, liability protections, and additional funding if it is expected to take on more crisis-response responsibilities. Whatcom County described embedding a “community connector” in the 911 center to coordinate alternative response, while ValleyCom reported that its 988 diversion pilot transferred 2,165 calls with 98% resolved through 988/211 without returning to 911. National examples included Denver’s STAR program, Albuquerque’s Community Safety Department, and Atlanta’s PAD initiative, each showing different ways to route low-acuity or behavioral-health-related calls away from police and toward clinicians, peers, or civilian responders. The session ended with Washington examples continuing, including Whatcom County’s alternative response team, underscoring the committee’s interest in refining and expanding integrated crisis response systems in the next session.

Transcript Highlights:

• It depends on the city, I think.
• Mass fatality—anything more than one—depends on perspective, right?
• I think, depending on the offense and inspections, you could end up losing a licensure out of it, so
• But I do agree that depending upon the technology that's selected, the maintenance costs would be something
• Creating dependency, or making false promises of safety, jobs, or legal assistance.

Bills: SB8, SB4, SB43, SB1, SB2, SB13, SB6, SB10, SB16, SB14, SB3, SB8, SB4, SB43, SB1, SB2, SB13, SB6, SB10, SB16, SB14, SB3

Keywords: education, accountability, public school assessment, state law, transparency, intervention, performance ratings, Texas congressional redistricting, U.S. House districts, congressional map, redistricting, gerrymandering, 2020 Census, census tracts, block groups, voting districts, election law, Texas House of Representatives districts, federal congressional districts, 2026 elections

Transcript Highlights:

• Foundational courses depend on what your area of study is. Mr.
• So I think that depending on the course of study, it's going to be different and of course the general
• Depending on the metric, I've been ranked 5th, 8th, or 13th in the world in my research area.
• No one wants the promotions to depend on the whims of an institutionally disconnected person.
• as we are recruiting faculty, top world class, just graduating Faculty Senate Representative: or depending

Bills: SB 37

Keywords: fetal development, education, public health curriculum, middle school, age-appropriate instruction

Transcript Highlights:

• The community that we're supposed to depend on and trust in may have failed.
• It depends on the circumstances of the case, I think. All right. Thank you.
• , and their misuse can quickly... escalate into severe health complications, including physical dependence
• It really depends on the type of plan and the size of the plan.
• Investigation processes can differ across the state depending on the region, variation in staff turnover

Bills: HB136, HB451, SB425, SB466, SB905, SB1986, SB2311, SB2450, SB2805, SB2826, SB2919, SB3001, HB136

Keywords: Medicaid, lactation, healthcare, consultation, reimbursement, maternal health, infant care, commercial sexual exploitation, child sex trafficking, human trafficking, child welfare, foster care, DFPS, Department of Family and Protective Services, juvenile probation, risk assessment, needs assessment, trauma screening, child abuse prevention, exploitation screening

Transcript Highlights:

• don't, because obviously if you defer those taxes... as it can mount up, you know, dramatically depending
• Well, it all depends on the risk of the applicant, but it could be anywhere from the 4s, the 5s, the
• It depends on how you frame that, Senator. You got to go back to 3001 on page one you...
• Essentially, it would depend on the basis for their unequal treatment.
• Part of the cost of labor is dependent upon our immigration policies.

Bills: SJR85, SCR29, SCR38, SCR42, SB23, SB39, SB209, SB227, SB240, SB330, SB527, SB584, SB618, SB619, SB636, SB663, SB715, SB732, SB758, SB801, SB825, SB826, SB843, SB844, SB847, SB870, SB884, SB912, SB957, SB1013, SB1020, SB1065, SB1143, SB1152, SB1164, SB1183, SB1257, SB1299, SB1325, SB1349, SB1413, SB1455, SB1539, SB1558, SB1574, SB1583, SB1624, SB1642, SB1643, SB1667, SB1717, SB1718, SB1727, SB1734, SB1756, SB1757, SB1784, SB1789, SB1832, SB1868, SB1870, SB1883, SB1896, SB1920, SB1924, SB1963, SB2010, SB2018, SB2024, SB2037, SB2052, SB2073, SB2111, SB2161, SB2196, SB2207, SB2253, SB2268, SB2322, SB2323, SB2332, SB2349, SB2371, SB2533, SB2570, SB2601, SB2626, SB2692, SB2705, SB2717, SB2774, SB2788, SB2877, SB2920, SB2, SB260, SB1786, SB1, HJR4, SJR36, SJR50, SJR63, SJR85, SJR84, SCR12, SCR39, SCR38, SCR42, SCR29, SCR4, SCR18, SCR43, SCR46, SB2023, SB825, SB2010, SB1870, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1539, SB1505, SB583, SB957, SB1502, SB507, SB1026, SB1349, SB1433, SB1434, SB1376, SB1585, SB1772, SB2016, SB1163, SB619, SB1122, SB732, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB618, SB393, SB1791, SB826, SB1257, SB870, SB529, SB209, SB1883, SB2024, SB2429, SB1999, SB511, SB2309, SB510, SB1860, SB2037, SB1924, SB2253, SB2018, SB2206, SB1963, SB1643, SB1299, SB841, SB668, SB584, SB1085, SB2431, SB1490, SB1868, SB2314, SB434, SB2046, SB1667, SB1727, SB2127, SB1975, SB1760, SB1734, SB1335, SB2246, SB2439, SB1624, SB1244, SB1468, SB2717, SB1612, SB1262, SB604, SB2395, SB1832, SB1745, SB1746, SB2207, SB1784, SB1524, SB528, SB437, SB269, SB1137, SB968, SB636, SB747, SB1325, SB1789, SB1455, SB2056, SB1940, SB2052, SB1579, SB2068, SB3034, SB844, SB1920, SB1558, SB1236, SB1044, SB884, SB463, SB227, SB240, SB517, SB1200, SB1410, SB1626, SB1845, SB1863, SB2216, SB2681, SB1717, SB2141, SB2323, SB2200, SB2332, SB2199, SB1642, SB1757, SB2050, SB1138, SB2626, SB2458, SB1864, SB2201, SB1862, SB1583, SB1055, SB2660, SB1898, SB2662, SB2161, SB2964, SB2881, SB1065, SB801, SB2743, SB2533, SB1413, SB2073, SB3014, SB3013, SB2774, SB2702, SB2629, SB2443, SB2349, SB2167, SB2145, SB2121, SB758, SB648, SB647, SB512, SB438, SB1721, SB2268, SB1495, SB2705, SB2366, SB1422, SB1369, SB1013, SB682, SB2692, SB2570, SB2797, SB2111, SB1896, SB1164, SB1020, SB663, SB2371, SB1152, SB2196, SB2383, SB2581, SB2798, SB330, SB646, SB843, SB1998, SB1418, SB2788, SB1169, SB2873, SB1754, SB1534, SB1718, SB2779, SB2004, SB1143, SB1756, SB912, SB2119, SB2032, SB527, SB1580, SB1952, SB2601, SB2322, SB2448, SB1777, SB1283, SB407, SB2392, SB2076, SB2786, SB3031, SB2877, SB2876, SB2284, SB2225, SB1540, SB2920, SB2929, SB1395, SB1972, SB2540, SB1183, SB2742, SB2595, SB2217, SB2117, SB715, SB2330, SB1964, SB1383, SB500, SB1640, SB39, SB2001, SB2080, SB2722, SB506, SB2514, SB2623, SB2658, SB1574, SB2900, SB23, SB2753, SB2398, SB401, SB1241, SB2927, SB2173, SB2538, SB898, SB467, SB1449, SB2529, SB1531, SB2846, SB2476, SB2031, SB986, SB1181, SB2075, SB2154, SB2864, HB135, HB1109, SCR48, SB31, SB2880, SB1359, SB2386, SB771, SB2844, SB2550, SB1351, SB1423, SB1931, SB2245, SB2589, SB2707, SB2807, SB2351, SB410, SB659, SB816, SB2776, SB2693, SB2580, SB1980, SB1886, SB1234, SB739, SB482, SB456, SB127, SB1666

Keywords: Texas constitutional amendment, property tax relief, school district taxes, ad valorem tax, homestead exemption, residence homestead, elderly homeowners, senior citizens, disabled homeowners, age 65 or older, school finance, tax exemption increase, local school taxes, property tax exemption, homestead tax relief, voter approval, school district revenue, tax rollback, disabled persons exemption, El Paso

Transcript Highlights:

• TENS OF THOUSANDS OF SUBCONTRACTORS DEPEND ON THE LIEN LAW TO GET PAID.
• IS THERE ANY DATE OR DEADLINE OR AMOUNT OF TIME ON THE HORIZON SOMEONE CAN DEPEND ON WHEN THAT WILL BE
• IT IS LAW-ABIDING CITIZENS WE DEPEND ON DURING THESE DIFFICULT TIMES.
• IF OUR LIVES DEPENDED ON IT WE WOULD ALL DIE BECAUSE WE TRY TO PRONOUNCE DICEGLIE NAME.
• OTHER LOCAL BUSINESSES INCLUDING VACATION RENTALS, WATERFRONT RESTAURANTS AND ECOTOURISM ALL OF WHICH DEPEND

Keywords: 999, senate, all

Transcript Highlights:

• estimate that reflects uncertainty in revenue estimates and could be revised at the May Revision depending
• So depending on the final calculation, So depending on the final calculation for 2024-25 at certification
• you could consider a higher or lower amount than the $1.8 billion proposed by the Governor, just depending
• you could consider a higher or lower amount than the $1.8 billion proposed by the Governor, just depending

Summary: The Assembly Budget Subcommittee on Education Finance met for its annual Proposition 98 overview, with Chair Alvarez outlining the committee’s focus on K-12 funding, student outcomes, and use of one-time funds. Superintendent Tony Thurmond gave an update on education issues, including wildfire recovery support for affected school communities, ongoing concerns about federal threats to education funding and immigration enforcement, progress on literacy and math, dual-language immersion, educator housing, and support for dual enrollment. Members broadly expressed support for these priorities, while also raising concerns about implementation, funding stability, and the need for schools to remain safe places for students. The committee then reviewed the Governor’s Proposition 98 proposal. The Department of Finance said the 2025-26 Proposition 98 guarantee is projected at $118.9 billion, with higher revenues and TK-related rebenching driving the increase. The LAO said the budget adds about $7.5 billion over two years and discussed the volatility of the guarantee, especially in 2024-25, when changes in revenue could have an outsized effect on school funding. Members questioned the proposed $1.6 billion delayed settle-up payment, the legal basis for delaying it, and the impact of possible federal funding freezes. The LAO presented alternatives such as a reserve deposit or delayed disbursement, while Finance said the proposal is intended to manage uncertainty. Members also raised concerns that ethnic studies implementation was not funded in the January budget, and Finance said the administration was not proposing funding for it. The committee next heard on the Proposition 98 rainy day fund and education deferrals. Finance said the reserve would receive a mandatory deposit of about $1.2 billion in 2024-25 and a discretionary deposit of $376 million in 2025-26, leaving a balance of about $1.5 billion. The LAO supported rebuilding the reserve as a way to manage volatility. On deferrals, Finance described the Governor’s plan to eliminate remaining deferrals by 2025-26, and the LAO said paying them off improves cash flow and budget resilience. Members generally supported eliminating deferrals and rebuilding reserves, though some asked about acting earlier if revenues allow. The committee also reviewed the proposed $1.8 billion student support and professional development block grant; Finance said it would fund professional development, recruitment and retention, and dual enrollment, while the LAO recommended clearer language on local discretion and use for one-time costs. Members were divided, with some supporting flexibility and others warning that one-time block grants can create instability and confusion for districts.

Transcript Highlights:

• be more proportional representation depending on the size of the towns.
• be more proportional representation depending on the size of the towns.
• be more proportional representation depending on the size of the towns.
• be more proportional representation depending on the size of the towns.
• be more proportional representation depending on the size of the towns.

Keywords: 1191, senate, all

Transcript Highlights:

• These determinations are not dependent on a formal psychological diagnosis.
• </c> These determinations are not dependent These determinations are not dependent on<00:51:26.400><c
• </c><02:09:44.880><c> that</c> health insurance the dependency that health insurance the dependency that
• Now, obviously the tax advantage there is going to depend on a number of circumstances.
• So, this depending on the circumstances.

Keywords: 1191, senate, all

Transcript Highlights:

• own<00:10:43.920><c> life</c> own life own life rather<00:10:45.839><c> than</c><00:10:46.720><c> depending
• </c> Rather than depending upon someone else.
• It's okay because that way, if you can feel very important, that is the way to be dependent.
• Now it's dependent which one the kids are going to embrace.
• Now it's depended<04:12:46.319><c> which</c><04:12:46.640><c> one</c><04:12:47.040><c> the</c><04:12:

Keywords: 1189, house, all

Transcript Highlights:

• Well, I suppose it depends on whether being a first mover is an advantage.
• Well, I suppose it depends on happen?
• Well, I suppose it depends on whether<00:38:18.480><c> being</c><00:38:18.640><c> a</c><00:38:18.800>
• on your needs. that is if you depending on your needs. that is if you have<01:30:11.280><c> needs</c
• Well, it depends on how you question.

Keywords: 1189, house, all

Summary: The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects. The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case. Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.

Transcript Highlights:

• It depends on the situation.
• It depends on the situation.
• It depends on the situation.
• It depends on the situation.
• It depends on the situation.

Keywords: 912, senate, all

Summary: The joint Ways and Means and Hawaiian Affairs committee heard a budget presentation from the Department of Hawaiian Home Lands on its biennium requests for critical projects, repairs and maintenance, and operations. DHHL described its role in administering the Hawaiian Home Lands Trust, noted the large beneficiary wait list, and said prior funding, including Act 279, has helped the department accelerate land development and reduce vacancies. Officials said they have about 47,219 applications involving 29,548 Native Hawaiians, roughly 28 projects underway, and that about $471 million of a $600 million appropriation has been encumbered, with the remaining lapse-fix funds expected to be resolved before the June 30, 2026 deadline. DHHL emphasized that its current request would support additional lot development and could help produce roughly 6,000 units from the existing project pipeline, with another phase of requests potentially adding about 2,000 more units. The department said it is prioritizing shovel-ready projects, accelerating lease awards and orientations, and using a mix of approaches including paper leases, rental-with-option-to-purchase, owner-builder, and loan programs. Officials also discussed a shift toward denser urban development, citing projects in West Oahu and Honolulu, and said the department is working to reduce its vacancy rate and move beneficiaries onto the land more quickly. Members questioned why Oahu, despite having the largest wait list, was receiving comparatively lower amounts, and DHHL responded that land availability and cost drive those decisions, with Oahu having limited developable land and very high acquisition costs. The department pointed to land acquisition on Kauai and other islands, and to urban high-rise projects that can yield far more units on small parcels. Members also raised long-term maintenance and wildfire risk, asking whether current acquisition and development choices account for future infrastructure costs; DHHL said maintenance is a growing concern, especially on large unused or isolated lands, and that it is pursuing Firewise planning, federal funds, and partnerships to reduce risk. The discussion also touched on mixed-use and community-led development, with DHHL explaining that it leases land to nonprofit homestead associations under general leases with milestones, business-plan requirements, and land-use restrictions to support local services and community goals.