Video & Transcript : 'federally insured securities' :

Page 22 of 500
TX
Transcript Highlights:
  • How much was the insurance portion of that? The insurance? What would they pay me?
  • If it's in federal law, federal law supersedes state law.
  • What federal law says.
  • and security laws.
  • perimeter security.
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 02/20/25

State and Local Government

Transcript Highlights:
  • is simply security and cyber security is simply security for<00:05:18.800><c> our</c> for our for our
  • </c> you a sense of the cyber security you a sense of the cyber security capabilities<00:10:01.720><c
  • grant program funded from the security grant program funded from the federal<00:10:24.279><c> level<
  • monitoring and network management through Federal Homeland Security Grant funds and, in partnership
  • Through Federal Homeland Security Grant funds and, in partnership with the Department of Public Safety
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • SB 984 will conform state law to the federal deduction for tipped income.
  • Federal law now allows up to a $25,000 deduction for tips received between 2025 and 2028.
  • The federal tax program. Last year we passed a bill with, I think, a thousand-some entries.
  • At the same time, insurance costs are rising sharply across wildfire-prone regions.
  • Insufficient insurance and medical costs are a big burden for many families.
Summary: The committee heard and advanced several tax and revenue measures, beginning with SB 1329 on solar property tax assessment. The author and solar industry witnesses argued the bill would create a uniform statewide method, provide certainty for developers, and exclude tax credits and other intangibles from valuation; county assessors and several counties opposed it, saying it would reduce assessed value and depart from market-based appraisal. The bill was moved to Appropriations on a 2-0 vote and placed on call. The committee also heard SB 1406 to close the “Montana tax loophole” used to avoid California vehicle taxes, with support from the California Teachers Association and no registered opposition; it passed 2-0 and was placed on call. SB 984, conforming California law to the federal tipped-income deduction, drew support from the restaurant industry, Howard Jarvis Taxpayers Association, and enrolled agents, and passed 3-0 to Appropriations, on call. Later, the committee considered wildfire- and energy-related tax credits. SB 1084 would create a fire-safe home tax credit for home hardening and defensible space improvements; supporters said it would reduce wildfire losses and insurance costs, and it passed 3-0 on call. SB 1118 would provide credits for backup generators and solar battery systems in high fire-threat areas; the author framed it as a resilience measure for households and small businesses, but members raised concerns about cost, diesel use, and whether the credit would reach lower-income households. The bill was moved 1-0 and placed on call, with the chair and other members noting unresolved budget and policy concerns. SB 1424, expanding a partial sales tax exemption to zero-emission vehicle refueling equipment, received support from hydrogen and electric transportation groups and passed 4-0 on call. The committee also advanced SB 1249, a senior tax deduction for taxpayers ages 86 to 90, with support from LeadingAge California and senior advocates; members noted it was narrowly targeted and passed 4-0 on call. SB 1113, conforming California tax law to the federal tonnage tax regime for U.S.-flag international shipping companies, drew support from maritime industry groups and opposition from ILWU over the fiscal impact; it passed 4-0 on call. SB 1137, the Medical Expense Deduction Act, would allow a targeted deduction for medical expenses for lower-income taxpayers; supporters said it would help families facing high out-of-pocket costs, and it passed 4-0 on call. Finally, SB 1415 would extend a partial welfare property tax exemption to mixed-income housing that includes moderate-income units; supporters said it would help finance “missing middle” housing, while assessors and housing stakeholders requested amendments and guardrails. The bill was also moved forward on a committee vote and placed on call.
AZ

Arizona 2026 Regular Session

02/04/2026 - Senate Government

Senate Government Committee of Reference

Transcript Highlights:
  • But wanted to note that federal funding for the unemployment insurance program administrative costs has
  • Chair, our federal unemployment insurance is a federally funded program.
  • We are up to date on federal audits for unemployment insurance.
  • That is the federal term in federal law, and that is what they are. I vote yes.
  • That is the federal term in federal law, and that is what they are. I vote yes.
Summary: The committee first heard SB 1036, which would tighten unemployment insurance eligibility by requiring five weekly work-search actions, weekly reporting, cross-checks against data sources for fraud or ineligibility, and employer reporting of refusals to return to work or accept suitable work. The sponsor argued the bill would reduce fraud and improve program integrity, while DES said it was neutral but warned of system-update costs, added workload, and more appeals; some members raised concerns about apprenticeship programs and administrative burden. The committee adopted a technical amendment and then recommended the bill do pass as amended on a 4-3 vote. Next, the committee considered SB 1054, a strike-everything amendment to make city and town emergency measures subject to referendum. Supporters, including Payson’s mayor, former mayor, and council members, said local governments had abused emergency clauses to push through tax increases and bond measures without voter input. The League of Arizona Cities and Towns opposed the measure, arguing it would undermine true emergency powers and slow city responses. The committee adopted the amendment and then recommended the bill do pass as amended on a 4-2 vote. The committee then heard SCR 1022, which would increase the House from 60 to 90 members beginning in 2033, with a later amendment delaying implementation to 2043. Senator Mesnard said the change would improve representation by reducing the number of constituents per member and nesting three House districts within each Senate district; some members and a public witness supported the idea, while others questioned cost, feasibility, and the effect on legislative power. The committee adopted the amendment and recommended the resolution do pass as amended on a 5-2 vote. Finally, the committee quickly passed SB 1271, barring municipalities from penalizing businesses based on the number of emergency calls or the value of stolen/damaged property, with exceptions for malicious or false calls, and SB 1437, requiring public records to be provided in the least expensive electronic format with fees limited to material costs. Both measures received unanimous or near-unanimous support after brief testimony, and the committee also began hearing SB 1439, a strike-everything amendment creating a Conservative Grassroots Network specialty plate, but the transcript cuts off before any action on that bill.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 15th, 2026 at 01:36 pm

House Appropriations & Finance

Transcript Highlights:
  • Mandatory recurring insurance increases from FY26 were also not funded. Office of Cyber Security.
  • This is a federal funded $117 million federal for ARPA CPF.
  • And we work with our federal partners, our agency partners, and with the Federal Homeland Security.
  • So when we engage that insurance, cybersecurity insurance cover gets lower.
  • Homeland Security Program.
Keywords: 996, all
TX

Texas 89th 2nd C.S.

89th Legislative Session Mar 21st, 2025

Texas House Floor Meeting

Transcript Highlights:
  • the Committee on Insurance.
  • Relating to the recovery of certain state border security expenditures from the federal government for
  • company or a title insurance agent.
  • By an insured directly to a physician providing direct primary care for the Committee on Insurance, HB
  • Homeland Security, Public Safety and Veterans Affairs.
KY
Transcript Highlights:
  • </c> &gt;&gt; property and all that in the insurance &gt;&gt; property and all that in the insurance
  • </c> insurance is we've had to raise rates. insurance is we've had to raise rates.
  • </c><00:20:56.159><c> So,</c> insurance uh premiums as well. So, insurance uh premiums as well.
  • </c> in banking and insurance as well. in banking and insurance as well.
  • </c> security as a whole. security as a whole.
Summary: The committee heard first from Kentucky Farm Bureau leaders, who outlined the organization’s current priorities and recent work on farmland transition. Eddie Melton said Farm Bureau is working through 983 county and advisory committee resolutions and highlighted support for the updated selling farmer tax credit, now law through House Bill 775, as well as Senate Bill 28’s agriculture economic development provisions. He said Farm Bureau’s likely priorities include maintaining the 50% share of the tobacco settlement fund for agriculture, protecting funding for the Kentucky Department of Agriculture, preserving sales tax exemptions on farm inputs, keeping property taxes controlled, and exploring additional tools to keep farmland in active farmers’ hands, including possible loan or inheritance-tax changes. He also raised concerns about eminent domain transparency, nuisance deer permits, and access to agricultural inputs and crop protection products. Alita Bots described the farmland transition initiative in more detail, saying the revised state tax credit is generating strong interest and that a new federal tax provision now allows eligible land sales to actively engaged farmers to spread capital gains taxes over time. She said the initiative has reached 22 counties and more than 1,300 people this year through outreach and meetings, and that Farm Bureau is pairing policy work with resources to help farm families plan transitions and prepare wills and other estate documents. Drew Graham added that the effort is also meant to bridge the rural-urban divide and support rural communities, and Farm Bureau invited members to its annual meeting in early December. Members asked about rising insurance costs and deer damage. Farm Bureau representatives said severe convective storms, inflation, and higher repair and material costs have driven insurance rate increases, citing five major storm events since 2021 and a recent Owensboro hailstorm that caused about $350 million in losses; they said the company is moving toward percentage deductibles to help moderate increases. On deer, they said crop-loss totals are hard to quantify but acknowledged the problem and discussed possible coordination with the Department of Fish and Wildlife and Hunters for the Hungry. Commissioner Jonathan Shell then began the Department of Agriculture presentation, reporting gains from the department’s school agriculture outreach program, including a 23% increase in county participation between March and September and improved teacher-reported student learning, before continuing into the department’s legislative priorities.
HI

Hawaii 2026 Regular Session

Room 224 Conference PM - 04-30-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • </c> 2, House Draft 2, relating to insurance. 2, House Draft 2, relating to insurance.
  • </c> and many of whom are under insured. and many of whom are under insured.
  • <00:14:26.160><c> one</c> insurance commissioner is listening one insurance commissioner is listening
  • by the insurance companies to affect<00:14:38.000><c> insurance</c><00:14:38.520><c> rates</c><00:14
  • <00:14:50.880><c> companies</c><00:14:51.320><c> do</c> insurance companies do insurance companies do
AZ

Arizona 2026 Regular Session

02/04/2026 - Senate Government

Government

Transcript Highlights:
  • But wanted to note that federal funding for the unemployment insurance program administrative costs has
  • Chair, our federal unemployment insurance is a federally funded program.
  • We are up to date on federal audits for unemployment insurance.
  • Reserve or a rogue federal administration... ...difficult should a rogue Federal Reserve or a rogue
  • That is the federal term in federal law, and that is what they are. I vote yes.
Committee: Senate Government
LA

Louisiana 2026 Regular Session

Commerce May 20th, 2026

Commerce, Consumer Protection, and International Affairs

Transcript Highlights:
  • They want it insured.
  • They thought they had to insure the gold. They don't have to insure the gold.
  • They don't have to insure the gold.
  • They thought they had to insure the gold. They don't have to insure the gold.
  • They thought they had to insure the gold. They don't have to insure the gold.
Summary: The committee took up several House measures. HCR 66, as amended, asked Louisiana Economic Development and the Governor’s Office of Rural Development to study rural parish assets, infrastructure, workforce, and development opportunities, and it was moved forward without objection. HB 387, a clarification to allow the fire marshal’s office to review architectural and engineering plans equally, also passed favorably without objection. HB 1223, which would have LED promote Louisiana’s clinical trial capacity and adjust internal review board processes, was amended and moved favorably. HB 950, aimed at helping older adults recognize and avoid fraud through materials and resources from the Office of Elderly Affairs, was reported favorably. HB 975, a routine measure to recreate the Public Service Commission, was also reported favorably. HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, was amended and moved favorably. HB 1222, described as a Grocery Initiative Act to let LED identify ways to address food deserts and food insecurity, was introduced near the end of the meeting. The most extensive debate centered on HB 617, a consumer transparency bill requiring mandatory fees to be included in upfront pricing. The author said the bill was intended to curb hidden fees and help consumers compare prices, with examples such as hotel resort fees and automatic restaurant service charges. Supporters argued it would improve transparency, while opponents from grocery, restaurant, hotel, housing, retail, and business groups said the bill was too broad, vague about terms like “total price,” unclear on enforcement and penalties, and could create compliance burdens and litigation risk, especially for small businesses. Housing advocates opposed the bill’s housing carve-out, arguing it could weaken renters’ ability to bring unfair-practice claims. Senator Morris moved to defer HB 617, and the committee agreed without objection. The committee also heard lengthy testimony on HB 797, which would create a Bayou Gold certification for certain transactional gold vendors that meet state-defined standards such as segregation, insurance, and nearby storage. The sponsor said the goal was to give consumers confidence and encourage vendors to keep gold closer to Louisiana, while critics argued the program would amount to a state endorsement of private companies, create misleading consumer impressions, and expose the state to confusion or liability. The bill drew opposition from the Sound Money Defense League and others, but the committee ultimately reported HB 797 favorably, with the understanding it still had to go to Finance. HB 1228, a hearing-aid cleanup bill updating definitions, contracts, testing periods, and licensing rules, was also moved favorably without objection.
CA

California 2025-2026 Regular Session

Assembly Floor Session Feb 5th, 2026

California House Floor Meeting

Transcript Highlights:
  • But federal sabotage threatens to erase our years of progress.
  • Medicaid is being cut, and now affordable insurance coverage is being taken away by our federal administration
  • These are state policies, not Donald Trump, not federal.
  • They need to get and keep insurance.
  • Figure it out without the support of the federal administration in this moment.
Summary: The Assembly convened in Sacramento, established a quorum, and opened with prayer and the Pledge of Allegiance. After routine procedural motions, members voted to withdraw SB 106 from committee for third reading and to suspend the rules so AJR 25 could be taken up immediately. AJR 25, authored by Assembly Member Bonta, urged Congress to restore and extend enhanced Affordable Care Act premium tax credits that expired on January 1, with supporters arguing the lapse would sharply raise premiums for millions of Californians, including veterans, working families, and other vulnerable residents. Opponents, led by Assembly Member DeMaio, argued the resolution blamed federal action for California’s high health care costs and said state mandates and spending choices were the real problem. The resolution was adopted 58-4, and Assembly Member Addis was added as a joint author. The chamber also took up H.R. 76 on affordable homeownership, presented by Assembly Member Schultz and supported by Assembly Member Wicks, who emphasized the importance of homeownership for wealth-building and noted ongoing efforts to expand programs such as CalHome. H.R. 79, by Assembly Member Valencia, recognized February 2026 as Unclaimed Property Month; supporters highlighted the large amount of unclaimed property held by the state and encouraged residents to search for funds owed to them. Both resolutions received broad support, with co-author rolls opened before final adoption. The second-day consent calendar, including ACR 127 on National School Counseling Week, was adopted 64-0. Members also heard a lengthy adjournment in memory from Assembly Member Soria honoring Pablo Rodriguez, a Central Valley organizer and civic leader remembered for his work with United Farm Workers, Communities for a New California, and AB 1441 on the Merced County Independent Redistricting Commission. The Assembly observed a moment of silence for Rodriguez, welcomed his family and colleagues, and then adjourned until Monday, February 9, at 1 p.m.
TX
Transcript Highlights:
  • Thousands of vape products are being sold without federal authorization, but federal inaction doesn't
  • Insurance costs are increasing.
  • Do not whip out your insurance card, period.
  • That employee, that injured person's insurance would be expected to pay, or if they're not insured, they
  • It requires and it admits your health insurance information, your health insurance policy.
FL

Florida 2026 Regular Session

Appropriations Committee on Transportation, Tourism, and Economic Development Jan 14th, 2026

Appropriations Committee on Transportation, Tourism, and Economic Development

Transcript Highlights:
  • We've also had a trend in federal funding where the federal fiscal year begins October 1, and more and
  • more we're not seeing those federal funds released to us every year from our federal partners until
  • So this increase will cover that federal decrease, but we'll also make sure that when we start the federal
  • This project will ultimately secure $20 million in federal construction funding once complete.
  • A failure to invest in that $3 million would cause homeowners insurance policies for national flood insurance
Bills: S0048
Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development heard the Governor’s proposed FY 2026-27 budget for the TED silo and presentations from Commerce, Highway Safety and Motor Vehicles, Military Affairs, the State Guard, State, Transportation, and Emergency Management. The Governor’s office outlined a $117.4 billion overall budget, including $18.3 billion for TED agencies, with major allocations for FDOT, Commerce, emergency management, tourism, military affairs, and state operations. Agency heads emphasized priorities such as housing and disaster recovery, workforce and rural infrastructure, law enforcement recruitment, defense support, tourism marketing, aerospace and spaceport investment, election audits, historic preservation, road and bridge maintenance, aviation safety, and emergency preparedness systems. Members asked several questions about the use and effectiveness of funding. Visit Florida officials said the public-private match is essential and that they exceeded the required match last year. Highway Safety and Motor Vehicles discussed trooper pay, vehicle replacement, aviation support, and transparency tools such as vehicle camera systems, with senators praising the department’s recruitment efforts. Military Affairs and the State Guard described readiness, recruiting, facility construction, and support for domestic missions, including hurricane response and perimeter security at the Everglades detention site; questions focused on deployment tempo, staffing, and costs. The Department of State explained funding for automated election audits, a conservation lab, and historic preservation, and said its arts grant changes were intended to standardize scoring rather than cut programs. Transportation highlighted a $15.4 billion total budget, major work program funding, safety initiatives, seaport and aviation investments, and the elimination of Florida Rail Enterprise funding due to reduced documentary stamp revenues. The committee also heard and passed CS/SB 48 by Senator Gates, which requires local governments to allow accessory dwelling units on a voluntary basis, while preserving local authority over setbacks, construction, and permitting. An amendment removed reusable tenant screening reports and clarified that conforming ADUs are allowed by right without separate hearings. The Florida Restaurant and Lodging Association and several industry and business groups supported the bill, citing the need for long-term rental housing for workers. After debate, the committee adopted the amendment and reported the bill favorably by roll call vote.
AL

Alabama 2025 Regular Session

Alabama House Mar 20th, 2025

Alabama House Floor Meeting

Transcript Highlights:
  • I assume cuz this is federal assume cuz this is federal assume cuz this is federal law, correct?
  • We're just mirroring federal law and I want to commend you federal law and I want to commend you federal
  • Or your of getting insurance. Yeah. Or your of getting insurance. Yeah.
  • Or your insurance if you're on that insurance insurance if you're on that insurance insurance if you're
  • The federal government does, the city of federal government does, the city of federal government does
Keywords: 1136, house, all
MN
Transcript Highlights:
  • We can preserve food security and heating security for our working families.
  • We can preserve food security and heating security for our working families.
  • We must insist on timely federal action partnering state and federal efforts.
  • even with social security disability and even with social security<02:24:50.319><c> disability,</c> security
  • Federal Government Employees Federal Federal Government Employees Union<02:40:03.520><c> said,</c><02
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • We don't make money like the federal government.
  • It also contained an explanation of how public agencies secure insurance coverage or provide for self-insurance
  • It may be self-insurance, but some form of insurance.
  • It may be self-insurance, but some form of insurance.
  • That's about $300,000 more for insurance. And this all came about through the insurance crisis.
Summary: The Assembly Budget Subcommittee on Accountability and Transparency held a hearing focused on three issues: federal funding cuts and delays, possible state revenue impacts from reduced IRS enforcement, and the fiscal effects of AB 218 on local governments. The Franchise Tax Board described how state and federal tax systems are closely linked, how most returns are filed electronically through software, and how FTB relies on IRS information sharing for compliance, fraud prevention, offsets, and nonfiler work. Members raised concerns that federal staffing cuts at the IRS could weaken audits of large corporations and reduce California revenue, and asked about VITA and ITIN filers; FTB said it was not aware of VITA reductions, noted ITIN returns are processed the same as other returns, and said ITIN filing appeared slightly down this year. The Department of Finance said it is monitoring federal developments, summarized the continuing resolution and reconciliation process, and noted that California lost nearly $940 million in earmarked federal projects under the CR, while major federal budget decisions remain uncertain until the President’s budget and later congressional action. The University of California reported substantial federal pressure on research, student aid, and health care. UC said hundreds of millions of dollars in federal awards have already been canceled, with additional threats to NIH and DOE facilities-and-administration rates, graduate fellowships, student loan repayment plans, international student visas, Pell Grants, and Medicaid/Medi-Cal funding. Committee members pressed UC on the effects of DEIA-related federal restrictions, the loss of clinical trials and research staff, and the impact on low-income students and patients. UC said it is pursuing litigation with the Attorney General and other institutions, but emphasized that court action is only a temporary solution and that sustained state and private support may be needed. The second panel addressed the fiscal consequences of AB 218, which extended the statute of limitations for childhood sexual abuse claims against public agencies. FCMAT presented a report with 22 recommendations, including better statewide data collection, financing mechanisms, a possible victims compensation fund, and prevention measures. Los Angeles County described a tentative $4 billion settlement tied to AB 218 claims, saying it will require reserves, borrowing, and long-term annual payments through 2050, while also forcing curtailments and cuts to vacant positions to preserve services. Members discussed insurance pools, retroactive premiums, unidentified future claims, and the need for a compensation fund or other financing tools. No formal votes were taken; the hearing concluded with public comment, including testimony from local health officials about nearly $400 million in terminated federal public health grants and the resulting layoffs and service impacts.
CA

California 2025-2026 Regular Session

Assembly Revenue and Taxation Committee Mar 16th, 2026

Revenue and Taxation

Transcript Highlights:
  • However, if they secure employment, the chance of reoffending drops significantly.
  • Dispute, mere a provision in federal law, something that California should take the lead in.
  • Mixed-status households are excluded from the full federal child tax credit.
  • resolved in the insurance market, not by taxpayers.
  • resolved in the insurance market, not by taxpayers.
Keywords: 988, house, all
TX

Texas 89th Regular

Homeland Security, Public Safety & Veterans' Affairs Apr 30th, 2025

Homeland Security, Public Safety & Veterans' Affairs

Transcript Highlights:
  • The security guard companies are required to maintain liability insurance coverage for their guards,
  • These security guards may not be covered by liability insurance.
  • Private security?
  • And so by that, they are oftentimes not insured because some insurance companies provide the liability
  • Well, I mean, most of your security companies have an insurance policy.
MN
Transcript Highlights:
  • immigration authorities and carrying out federal immigration enforcement. ...and carrying out federal
  • The federal government...
  • The federal government...
  • The federal government...
  • The federal government...
Keywords: 919, house, all
Summary: The committee heard testimony on House File 16, and the chair moved the bill with a recommendation that it be re-referred to Elections Finance and Government Operations. Representative Rymer said the bill would require reporting to ICE when an illegal immigrant is arrested on suspicion of a violent crime, even if the county attorney does not prosecute, and would bar state and local entities from blocking federal immigration enforcement. He described the bill as narrowly focused on serious offenses such as murder, assault, robbery, kidnapping, and criminal sexual conduct, and said it was intended to improve communication with federal authorities about dangerous offenders. Supporters argued the bill would improve public safety and cooperation with federal law enforcement. David Zimmer, a former local law enforcement official, said cooperation with ICE is consistent with law enforcement practice and helps with information-sharing, warrants, consulate notifications, and locating individuals. Several other supporters, including a crime victim family member and a security officer, said the bill would help identify dangerous criminals and protect communities. Opponents said the bill would reduce trust in local law enforcement and discourage victims and witnesses from reporting crimes. Testifiers from the Immigrant Law Center of Minnesota, The Advocates for Human Rights, Violence Free Minnesota, the Minnesota Council on Latino Affairs, the Northstar Alliance, the City of Minneapolis, and others said mandatory ICE notification could deter domestic violence and trafficking victims from seeking help, harm due process, and undermine community safety. Some also warned it would interfere with local separation policies, burden local agencies, and have negative economic and civil rights impacts. The committee also heard emotional testimony from individuals describing domestic abuse and immigration-related fears, and from family members of a murder victim who supported the bill.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Friday, January 3, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • </c><00:01:43.600><c> from</c> protected and the economy secured from protected and the economy secured
  • We will secure the border.
  • Federal funding.
  • Federal funding.
  • Federal funding.