Video & Transcript Research : 'Uniform Trust Code'

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TX

Texas 89th Regular

Business and Commerce May 23rd, 2025

Business & Commerce

Transcript Highlights:
  • I'm co-chair of the Texas Real Estate and Probate Trust Law Institute.
  • I'm co-chair of the Texas Real State and Probate Trust Law Institute.
  • It relates to the regulation of code enforcement officers and code enforcement officers in training.
  • This reduces fraud and increases trust in the system. Auditable.
  • This reduces fraud and increases trust in the system.
Bills: HB111
Summary: The committee heard a long series of House bills, with most measures laid out by Senate sponsors and then left pending after brief public testimony. Early bills focused on construction and licensing issues, including HB 305 on prompt payment for public construction audits, HB 5093 on restoring public access to notary contact information, HB 2037 on updating landlord-tenant repair and security deposit rules, HB 4214 on a centralized public information request contact database, and HB 5435 exempting higher education institutions from a 90-day notice requirement for certain public-private partnership projects. Testimony was generally supportive on these bills, and no votes were taken; each was left pending. The committee also considered several transparency and regulatory bills. HB 111 would expand the Public Information Act to certain nonprofit state associations and narrow some attorney-client and working-paper exceptions, with supporters arguing it would improve oversight of public funds and critics questioning the scope and thresholds. HB 5129 would protect occupational license holders’ personal identifying information from disclosure without consent, HB 4350 would allow peace officers to redact personal information from online real property records, HB 4748 would authorize multiple-award state purchasing contracts, and HB 4765 would clean up code enforcement officer licensing rules. HB 4134 would allow motor vehicle creditors to charge limited fees for electronic payment options while requiring a free alternative, and HB 1043 would direct a study of blockchain-based property title records; both drew testimony, with some concern about the practical effects and vendor implications of the blockchain study. Several bills addressed insurance, workforce, and digital-asset regulation. HB 3520 would reduce the insurance coverage required for transportation network companies during the period when a driver is en route to pick up a passenger, drawing support from Texans for Lawsuit Reform and opposition from trial lawyers who argued the higher coverage better protects the public. HB 3320 would create a self-insurance pool for religious institutions, with TDI explaining it would still be regulated but operate under a special statutory framework. HB 4233 would modernize rules for digital asset service providers by removing certain auditor-access requirements and updating reporting and licensing provisions. HB 3923 would reduce bachelor’s-degree requirements for some state jobs, though Every Texan argued low pay, not degree requirements, is the main driver of turnover. HB 4518 would create a legal structure for decentralized unincorporated nonprofit associations tied to blockchain governance; business law experts opposed it as unnecessary and potentially risky, while crypto advocates supported it. Finally, HB 1803 would join an interstate compact for dentists and dental hygienists, with supporters citing workforce shortages and opponents saying Texas already licenses quickly and that the compact could weaken state oversight. Throughout the hearing, the committee repeatedly closed testimony and left bills pending, and a quorum was eventually established before later items were heard.
MN

Minnesota 2025-2026 Regular Session

House Floor Session - part 2 Apr 24th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • The trust code is one of the legislations, one of their bills, coming from their trust division.
  • And just a brief history on the trust code in the state of Minnesota: a big overhaul of it.
  • code.
  • maximum duration for trusts.
  • The amendment is coded A-1.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Monday, July 14, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • <03:31:08.479> of to amend the Internal Revenue Code of to amend the Internal Revenue Code
  • the development of new trusted the development of new trusted manufacturers,<03:51:36.960> including
  • <04:06:04.800> American representation from trusted American representation from trusted American
  • to encourage participation by trusted to encourage participation by trusted stakeholders<04:09:21.760
  • This is a question of trust.
FL

Florida 2025 Regular Session

Rules Apr 1st, 2025

Transcript Highlights:
  • With respect to Florida, charitable trust, the code also states that the Florida AG may assert the rights
  • of a qualified beneficiary for charitable trust.
  • This a charitable trust.
  • If the trust is administered in Florida, it doesn't apply to any trust.
  • There is a trust we know of that's in my area, the DuPont Trust that has allowable charitable contributions
Keywords: 999, senate, all
MN

Minnesota 2025 1st Special Session

House Housing Finance and Policy Committee 1/22/25

Housing Finance and Policy

Transcript Highlights:
  • that can be attributed to building code that can be attributed to building code changes<00:47:52.839
  • <01:06:30.559> Fund those into a local Housing Trust Fund those into a local Housing Trust
  • I actually started a rof trust I actually started a rof trust manufacturing<01:10:31.679> business
  • <01:11:35.120> uh should not depend on their zip code uh should not depend on their zip code
  • by enforcing a Statewide building code by enforcing a Statewide building code in<01:11:37.159>
Keywords: 1183, house
Summary: The House Housing Finance and Policy Committee approved the previous meeting’s minutes and then heard testimony from Housing First Minnesota and the Coalition of Greater Minnesota Cities on housing supply, affordability, and land-use policy. Mark Foster of Housing First Minnesota said the state is chronically undersupplied by roughly 100,000 units, that the median new single-family home price has risen above $530,000, and that only about 27% of Twin Cities households can now afford a new home. He argued that regulatory and local approval processes, especially planned unit developments and aesthetic mandates, add significant cost and reduce the number of homes built, and he urged the committee to remove exclusionary barriers and modernize residential development approvals. Members questioned Foster about zoning, aesthetic requirements, and homeowners associations. He said most new housing in growing metro communities is negotiated through PUDs, which he described as increasing costs and limiting supply, and gave examples such as stone exterior requirements adding thousands of dollars to a home. He also said HOAs can be useful in some cases but are often imposed when not needed. Several legislators responded positively to the Housing First Minnesota Foundation’s work, including transitional housing and veteran housing projects. Elizabeth Wefel of the Coalition of Greater Minnesota Cities said cities outside the metro also face a housing shortage, but their challenges differ: market failure, inadequate sewer and water infrastructure, and gaps in starter, workforce, and senior housing. She said many Greater Minnesota cities are already updating zoning, reducing lot sizes, allowing more density and ADUs, and investing local money, land, and partnerships to spur development. She asked the legislature to speed up rollout of housing funds, support infrastructure and workforce programs, and adjust housing tax credit and TIF rules, while warning against one-size-fits-all preemption of local zoning authority. Members discussed the need for tailored solutions and the differences between metro and Greater Minnesota housing markets.
KY
Transcript Highlights:
  • 03:36.080> Bank separate escrow account with the Bank separate escrow account with the Bank Trust
  • 38.319> what<00:03:38.439> we've<00:03:38.640> seen<00:03:38.879> over Trust
  • company but what we've seen over Trust company but what we've seen over the<00:03:39.280> past
  • I do have maybe an additional question later about him, but trust Senator Elkins—he makes some pretty
  • <00:05:03.680> Senator later about him so but trust Senator later about him so but trust Senator
Summary: The Senate Standing Committee on Economic Development, Tourism, and Labor met and first took up Senate Bill 76, sponsored by Senator Greg Elkins. The bill would raise the construction retainage/escrow statute threshold from $500,000 to $2 million to reflect inflation, and would also make any contract term waiving the escrow protection void and unenforceable. Elkins said the measure would not apply to government contracts and was intended to protect contractors, subcontractors, and suppliers from delayed payment. The committee voted 9-0 to pass the bill with a favorable expression and send it to the floor. The committee then considered Senate Bill 59, sponsored by Senator Jimmy Higdon, with a committee substitute adopted first. Higdon said the substitute limited the bill to existing church property and the measure would allow religious institutions to build affordable housing on their property while still requiring local governing-body approval and compliance with building codes. Supporters framed it as a housing-supply tool and a way to use nonprofits and churches to help address Kentucky’s housing shortage, while questions focused on tax impacts, local control, and whether the bill could be used for single-family homes or other developments. A public witness from Henry County opposed the bill, arguing it could enable discriminatory housing and reduce local tax revenue. After discussion, the committee voted 9-0 to pass SB 59 with a favorable expression. Finally, the committee heard Senate Bill 313 from Senator Phillip Wheeler, which would designate June as Kentucky History Month. Wheeler and Kentucky Historical Society Executive Director Scott Alvi said the bill would help promote Kentucky history statewide, especially in connection with the U.S. 250th commemoration in 2026, and would build on existing June observances such as Statehood Day and Boone Day. The committee approved the bill with favorable expression, and the chair announced it would proceed to the floor.
CA
Transcript Highlights:
  • We found that during our time in this community, we've not only built trust among our partners, but trust
  • the building code, we really use standards to assess... ...to note that throughout the building code,
  • But that's where I just separate a standard from the code.
  • And we would very much advocate that the code be set by the state.
  • as well as defensible space codes.
Keywords: 988, house, all
MN

Minnesota 2025-2026 Regular Session

Committee on Elections - 02/19/26

Elections

Transcript Highlights:
  • The trust in our was incredibly high.
  • community has a very high level of trust community has a very high level of trust in<00:36:47.760
  • I I know I trust Your per-pupil piece gets confusing.
  • I I know I trust year. And then some of the other things year.
  • I I know I trust Nothing to a homeowner. Absolutely nothing.
Keywords: 1187, senate, all
HI

Hawaii 2026 Regular Session

CPC Public Hearing - Tue Feb 24, 2026 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • <00:47:25.839> People to the board trust the board. People to the board trust the board.
  • code would need to be updated.
  • electric code. electric code. >> Got<01:40:12.000> it. >> Got it.
  • or kind of equivalent codes.
  • equivalent codes.
Summary: The committee heard testimony on HB 1697, which would exempt natural hair braiders from licensing requirements under certain conditions. The DCCA Board of Barbering and Cosmetology said it recognizes braiding as within the scope of cosmetology practice but warned that a broad exemption could create consumer protection gaps, especially around sanitation training, tool use, and enforcement. Supporters from the Institute for Justice and the Grassroots Institute of Hawaii argued the current licensing regime is overly burdensome and unrelated to braiding, citing the 1,250-hour training requirement, high tuition costs, barriers for low-income entrepreneurs, and the fact that many other states already exempt braiders. Committee members asked whether a standalone sanitation course or similar training could address the board’s concerns, and the board said it would bring that idea back for discussion. The committee also noted 16 written testimonies in support and 2 in opposition. The committee then took up HB 1678, relating to condominium and planned community association elections using cumulative voting. Supporters, including the Hawaii State Association of Parliamentarians, said the bill would clarify that cumulative voting applies to all candidates, including write-ins, and would help resolve confusion in association elections. One testifier urged the committee to remove proxy voting, calling it an abuse of power in some associations, while another asked whether cumulative voting and proxies could be manipulated to stack votes. In response, the parliamentarian explained that cumulative voting and proxy voting are different, that proxies simply allow someone to vote on another’s behalf, and that existing deadlines and counting procedures reduce opportunities for abuse. Testimony also emphasized that electronic or mail voting can be secure and efficient, and that the bill would make the process clearer and more democratic. Finally, the committee heard testimony on HB 1679, which would clarify an association board’s authority over electronic meetings, electronic voting, voting without a meeting, and mail voting without a meeting. Supporters said the measure would clean up statutory language, make electronic voting optional, and fix problems created by a 2024 change that made written-consent timing rules difficult to use for association actions. They also said the bill would clarify that proxies are only used at meetings, not for actions taken without a meeting. One opponent argued the bill needs further amendment because electronic voting is not well defined and could be abused, and questioned the neutrality of parliamentarians testifying on condominium bills. No votes were taken on any of the measures during the portion of the meeting provided.
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 19, 2026

Revenue

Transcript Highlights:
  • amendment that we're asking for, and it is to move it to the 1st of March um to maybe add some uniformity
  • You know, you have one group that's doing pull trusts, you've got another group doing stable accounts
  • Uh, pull trust, they can't pull the money back out.
  • Uh, pull trust, they can't pull the money back out.
  • Uh, pull trust, they can't pull the money back out.
Bills: HB0101, HB0062, HB0109
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy - Thursday, May 14 - Morning Session

Missouri House Floor Meeting

Transcript Highlights:
  • Science backs up the fact that the specific code for life is established at conception, and anything
  • and I don't think anybody in this body has had quite that experience of walking in with somebody you trust
  • creates a statewide framework for employers, developers, and investors, and it produces certainty, uniformity
Keywords: 959, house, all
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy - Thursday, May 14 - Morning Session

Missouri House Floor Meeting

Transcript Highlights:
  • Science backs up the fact that the specific code for life is established at conception, and anything
  • And I don't think anybody in this body has had quite that experience of walking in with somebody you trust
  • creates a statewide framework for employers, developers, and investors, and it produces certainty, uniformity
Summary: The House opened with prayer, the Pledge of Allegiance, and approval of the House Journal for the prior day by a vote of 118-1. The rest of the session was dominated by points of personal privilege, including farewell remarks from several outgoing members. Those speeches focused on service, family, staff, veterans, law enforcement, integrity, and concerns about lobbyist influence, with members also thanking legislative assistants and recognizing guests and family members in the chamber. The chamber then took up several bills. Senate Bill 1019, dealing with hospital finance and investment authority, was amended to align workplace violence, telehealth, prior authorization, physician licensure, and Lyme disease language, then passed 110-31. Senate Bill 1572, a pensions bill affecting police retirement, MOSERS, EMPERS, and related board provisions, drew extended debate over how to handle retirement overpayments; amendments were adopted to address technical and policy issues, and the bill passed 129-14. Senate Substitute for Senate Bill 1196, concerning workforce diploma programs, Fast Track Workforce Incentive Grants, workforce Pell Grants, higher education funding, and university board residency rules, was amended and passed 115-20, but its emergency clause failed 2-132. The House also granted further conference on Senate Bill 1020. Committee reports were read on several other measures, including bills recommended to pass by Fiscal Review. Later, the House began considering Senate amendments to House Bill 2508, an LLC-related bill involving certificates of good standing, court dissolution of LLCs in limited circumstances, and a St. Louis County property-management affidavit process for repeated ordinance violations.
CA

California 2025-2026 Regular Session

Assembly Utilities and Energy Committee May 13th, 2026

Utilities and Energy

Transcript Highlights:
  • just burning you personally, it also is just completely unfair and unjust because they leveraged our trust
  • We tried very hard to stay within the scope of Public Utilities Code Section 719(c), which laid out the
  • There should be a uniform response no matter the cause of a fire.
Keywords: 988, house, all
MN

Minnesota 2025-2026 Regular Session

Gun Violence Prevention Working Group - 09/15/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • centers, and our community organizations like Moms Demand Action—as we are addressing trauma, building trust
  • Well, it pays for professional staff, PhD-level researchers who collect, code, and analyze data at scale
  • was wearing a very lifelike mask that obscured his identity and was outfitted in a... ...a police uniform
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 03/09/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • May their diligence reflect the dignity of their calling and the trust of those they represent.
  • c><00:04:02.640> calling<00:04:03.200> and<00:04:03.320> the<00:04:03.400> trust
  • <00:04:03.760> of<00:04:03.840> those of their calling and the trust of those of their
  • calling and the trust of those they<00:04:04.200> represent.
  • Behind every uniform is a family, a spouse waiting at home, children who count the days until a parent
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Veterans and Military Affairs Division 3/12/25

Veterans and Military Affairs Division

Transcript Highlights:
  • agreed citizens, taxpayers, and especially veterans must know that what we say and what we do is the trust
  • uh that<00:05:09.120> it<00:05:09.400> is<00:05:10.360> the<00:05:10.639> trust
  • of<00:05:11.600> those<00:05:11.880> that<00:05:12.240> we that it is the trust
  • of those that we that it is the trust of those that we have<00:05:12.520> served<00:05:12.919
  • And the one thing that always was precious to me was my uniform. I don't have that anymore.
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Ways Committee Meeting - 2026-05-06

Ways and Means

Transcript Highlights:
  • fund that tries to defraud our trust fund that tries to defraud our other<00:09:59.519> programs<
  • , in labor code, in tax code, and it changes none of them.
  • /c><00:12:48.959> in<00:12:49.279> tax<00:12:49.600> code, code, in uh, labor code
  • , in tax code, code, in uh, labor code, in tax code, and<00:12:50.480> it<00:12:50.720> changes
  • I believe that the UI trust fund was in the 2 to 30...
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 10:00 am

Joint Committee on Revenue

Transcript Highlights:
  • He explained that Massachusetts automatically conforms to the federal corporate tax code, meaning the
  • fund, as opposed to the share that employers currently contribute into the trust fund.
  • into the trust fund.
  • You know, being our tax code is a little complicated.
  • That starts with permanently decoupling our tax code from Trump's corporate tax cuts.
Keywords: 995, all
Summary: The Joint Committee on Revenue held a public hearing on H. 4975, Governor Healey’s bill to manage the impact of the federal “One Big Beautiful Bill” (OB3) on Massachusetts tax law and state revenues. Administration officials, led by Secretary of Administration and Finance Matt Gorowitz, said OB3 would otherwise reduce FY26 revenue by about $442 million and argued for a phased-in conformity approach that would preserve the current-year budget while still adopting selected federal business tax provisions over time. The proposal would phase in the research and experimental expenditure deduction first, delay other major corporate provisions for two years, extend the pass-through entity excise to income subject to the 4% surtax, add a one-year delay mechanism for future federal tax changes over $20 million, limit opportunity zone benefits to Massachusetts investments, and make smaller technical changes to DFML contributions and casino reporting thresholds. Committee members questioned the rationale for phasing in rather than fully decoupling, the effect on the budget if the bill did not pass, and the treatment of opportunity zones, the surtax, and future federal tax changes. Public testimony was split. MassBudget, Progressive Massachusetts, and several labor and public-sector groups urged the committee to permanently decouple from the federal corporate tax changes rather than delay them, arguing that the bill would still send state revenue to corporate tax breaks, often for investments outside Massachusetts, and that the state should protect funding for schools, health care, human services, and other public services. The Massachusetts Society of CPAs supported the administration’s timing and the research-and-development provisions, citing filing deadlines and the importance of certainty for businesses and startups. Business and tax experts also testified that rushed conformity can create revenue losses and that the governor’s review-and-delay framework was a prudent improvement, though some said decoupling should be the default if the Legislature does not act. Unite Here Local 26 testified against sections 3 and 4, which would raise the slot-machine jackpot reporting threshold from $1,200 to $2,000, arguing the current threshold helps with problem-gambling intervention, preserves slot attendant jobs, and generates revenue. Several union leaders, including the Massachusetts Teachers Association, AFT Massachusetts, SEIU 509, the Massachusetts Building Trades, the AFL-CIO, and 1199 SEIU, urged permanent decoupling, warning that OB3’s federal tax cuts and related spending reductions would worsen budget pressures, harm public services, and shift costs onto workers, patients, and schools. No votes were taken at the hearing.
FL

Florida 2025 Regular Session

March 13, 2025 - 01:00 PM

Transcript Highlights:
  • Next, we'll hear CS for HB 385, trust from Representative Oliver.
  • of the code.
  • the new second trust when applying Section 736.04117, Florida Statutes, to the second trust.
  • It reconciles the difference between the Florida Probate Code and the Florida Trust Code.
  • It revises the Florida Community Property Trust dealing with community property trusts.
Summary: The committee met with a quorum and heard five bills. HB 1097 would rename the Florida Catastrophic Storm Center at FSU as the Florida Center for Excellence in Insurance and Risk Management, transfer the public hurricane loss projection model from FIU to FSU, and provide recurring and nonrecurring appropriations to support independent insurance research and collaboration with OIR and other universities. Members discussed university roles, model oversight, independence from industry funding, and student/workforce benefits. The bill passed favorably on a roll call vote. HB 319 would create a regulatory framework for virtual currency kiosk businesses, requiring registration with the Office of Financial Regulation, consumer disclosures, and penalties for violations. Much of the discussion focused on fraud prevention, especially for seniors, and whether the bill should include transaction caps or stronger recovery tools; AARP supported the bill but urged additional protections. The bill passed favorably. CS/HB 385 made technical changes to the Florida Trust Code and Community Property Trust Act, including decanting, trustee claims, redemption by satisfaction, and homestead transfer treatment; an amendment conforming to the Senate version was adopted, and the bill passed favorably. CS/HB 97 would allow service of process for exploitation injunctions against unascertainable scammers through the same communication method used to contact the victim, such as text or social media, and would let courts freeze funds temporarily while the matter is heard. Testimony from elder law practitioners and AARP supported the bill as a tool against scams, while some members raised due process and overreach concerns; the bill passed favorably. HB 839 would shorten the overpayment recovery window for claims submitted to psychologists and HMOs to match other health providers, with the goal of improving parity and access to mental health care; an amendment was adopted, and the bill passed favorably. The meeting concluded with adjournment after the final roll call votes.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Dec 15th, 2025 at 09:14 am

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • Fund, the Tax Stabilization Reserve, more recently, a Behavioral Health Trust Fund, and a Medicaid Trust
  • We might have defined something to match the Internal Revenue Code right now.
  • Especially in coding.
  • They want to help a certain thing through the tax code, a certain activity.
  • They just picked the wrong code.
Keywords: 996, all