Transcript Highlights:

• $30 million and $100 million report every six years.
• Senator Kail moves that Senate Bill 524 be reported.
• House Bill 3033 will be reported favorably to the full Senate.
• House Bill 3594 will be reported favorably to the full Senate.
• House Bill 4738 will be reported favorably to the full Senate.

Bills: SB524 , SB782 , HB42 , HB 1056 , HB2894 , HB3033 , HB3474 , HB3594 , HB4738 , HB5246 , HB42

Committee: Senate Finance

Summary: The committee heard Senator Flores lay out the committee substitute for HB 2894, which would expand state reimbursement eligibility for local governments disproportionately affected by the disabled veterans homestead exemption. Flores said the bill would add certain municipalities in Bell, Coryell, and Lampasas counties if lost ad valorem tax revenue equals or exceeds 10% of general revenue, while existing recipients would remain under the current 2% threshold. Lampasas and Bell County officials and the City of Killeen testified in support, describing significant revenue losses and urging adequate funding. One witness, Howard Avery, argued any reimbursement should be counted as property tax revenue for voter-approval rate purposes to avoid a windfall. The committee later adopted the substitute and reported the bill favorably, with one nay. The committee also heard SB 782, which would create a temporary severance tax exemption for restimulated inactive oil and gas wells, intended to encourage investment in mature wells. The Comptroller explained the revised fiscal note as effectively zero because the wells are currently marginal and not generating meaningful tax revenue, while industry witnesses said the bill could extend well life, support local economies, and reduce orphan-well liabilities. Public testimony was supportive, and the bill was left pending. Members then heard HB 3033, a DPS-related grant program funded by voluntary $3 donations on driver’s license and ID applications to support nonprofits aiding injured or fallen DPS officers and their families, including memorial highway signs. The DPS Officers Association supported the bill, citing existing foundation assistance and the need for a steady funding stream. The committee later reported the bill favorably. The committee also considered SB 524, which would permanently extend the franchise tax and fee exemption for qualifying veteran-owned businesses for their first five years; testimony from a veteran business owner and veterans advocates supported the measure, and the committee adopted the substitute and reported it favorably. Additional measures were laid out and left pending or voted out: HB 3594, a local San Antonio retiree health care fund bill with agreed changes for contributions, spouse benefits, and remarriage rules, was supported by stakeholders and reported favorably; HB 4738 would repeal small administrative fees tied to certain loans and was reported favorably; HB 42 on HEAF funding and HB 5246 on the Texas Space Commission were heard and left pending. The committee also reported HB 3474, a cleanup bill for the Pension Review Board’s investment performance review schedule, and HB 2802, the Austin firefighter retirement fund bill, both favorably. Finally, the committee took up HB 1056, which would allow gold and silver held in the Texas Bullion Depository to function as legal tender through debit-card transactions. Supporters framed it as a way to use hard assets and expand financial options, while bankers and some senators raised major operational, consumer-protection, tax, and constitutional questions; the bill remained under discussion as testimony began.

Transcript Highlights:

• </c> few these scholarships reduced Financial few these scholarships reduced Financial barriers<00:42
• We have some good news to report related to our overall financial condition as a system, and a large
• A number that is closer to zero indicates not a strong financial health or financial distress.
• :51.680><c> um</c> health or financial um distress um health or financial um distress um numbers<00:51
• </c> were able to get a unified report were able to get a unified report summarizing<01:29:43.639><c>

Summary: Minnesota State Colleges and Universities presented an overview of the system and several budget riders. Board Chair George Soul described the system’s structure, noting 26 colleges and seven universities governed by a 15-member board, and emphasized that Minnesota State serves about 270,000 students annually, including many students of color, adult learners, Pell-eligible students, first-generation students, and veterans. He highlighted the system’s workforce role, saying it offers more than 4,000 programs, extensive employer partnerships, and that 86% of graduates find jobs in their field or a related field. He then turned the presentation over to system staff to discuss specific funding requests. Associate Vice Chancellor Kim Lynch focused on the Z-degree textbook program, which supports zero-textbook-cost courses and degrees. She said prior legislative support has produced about $3.1 million in savings in academic year 2024 and more than $12.6 million in aggregate savings, with 10 colleges now offering Z degrees and 12 more on track or exploring implementation. She described the program’s use of open educational resources, instructional design support, and library resources to fill gaps where free materials are not available, and said students save roughly $7 to $10 for every $1 invested. Members praised the program and asked about its expansion. Associate Vice Chancellor Paul Shepard discussed student support funding, including a centralized basic needs resource hub, the Mantra Health mental health platform, and the emergency grant program. He said student surveys showed significant food, housing, and homelessness insecurity, and that the basic needs hub has served over 2,400 students with a 97% positive response rate. He said Mantra provides telecounseling, peer support, self-paced courses, and crisis support, and clarified in response to questions that it is not AI-driven and does not sell student data; general usage data is collected, and follow-up with campus counselors occurs only at the student’s request. He also said the emergency grant program has distributed over $3 million to more than 4,800 students, with grants averaging just under $700, and that campuses use application review and recordkeeping to manage repeat requests. Members asked about counselor staffing, data privacy, and grant safeguards. The final item addressed sexual assault reporting and prevention funding. System staff said the appropriation supports technology infrastructure for statutory reporting, case management for investigations, campus prevention training, and professional development for Title IX coordinators and related staff. They noted that the statutory student training requirement is funded by individual colleges and universities, not by this appropriation. No formal votes were taken in the portion of the meeting provided.

Transcript Highlights:

• </c> legislative auditor for the Financial legislative auditor for the Financial audit<00:36:58.640><
• </c> going to start just with the financial going to start just with the financial audit<00:37:53.000
• Often times these reports—oh, I should have said financial audit reports—often make recommendations back
• Often times these reports—oh, I should have said financial audit reports—often make recommendations back
• Good report here. Interesting, Ms.

Committee: House State Government Finance and Policy

Transcript Highlights:

• AND THE OTHER FINANCIAL REQUIREMENTS OF THE BILL WOULD REDUCE COMPETITION FOR FINANCIALLY SOUND CCRC'S
• PER ADAM GOING FORWARD JUST FOR THE ESTABLISHMENT OF A SECOND FINANCIAL RESERVE.
• WHICH IS SB 1612 ON FINANCIAL INSTITUTIONS. >> SB 1612 WILL HELP FINANCIAL INSTITUTIONS BE MORE EFFICIENT
• AND THEN ASKED MASON, OFFICE OF FINANCIAL REGULATION IN SUPPORT. OKAY.
• SENATE BILL 1740 IS REPORTED FAVORABLY. OKAY.

Transcript Highlights:

• And those elements might not be financially viable.
• And those elements might not be financially viable.
• Commission in their annual reports, unlike other energy companies.
• The upshot of the report is that that outlier status needs to change.
• A lake of oil is reported under L.A.'

Committee: Senate Environmental Quality

Summary: The Senate Environmental Quality Committee held an informational hearing on the environmental impacts and planning considerations associated with refinery closures. In opening remarks, the chair framed refinery shutdowns as a complex part of California’s decarbonization transition and said the committee would focus on environmental and land-use issues, while Vice Chair Gunda argued closures reflect years of policy-driven disinvestment and warned that supply disruptions and higher prices could harm working families. State agency witnesses from the Energy Commission, CARB, and the Water Boards described the state as being in a “mid-transition,” with declining gasoline demand, growing zero-emission vehicle adoption, and increasing conversion of some refinery assets to renewable fuels, but also with abrupt capacity losses that can force greater reliance on imports and storage. They emphasized the need for proactive planning, transparency, and coordination across agencies, and noted that refinery closures can stress pipelines, terminals, and other linked infrastructure, with potential liabilities falling to the state if those assets are not financially supported. The Water Boards explained their cleanup authorities and tools for refinery decommissioning, including investigation, monitoring, remediation, and enforcement under the Water Code, and said site-specific cleanup plans depend on contamination, groundwater conditions, and future land use. They noted that decommissioning can reveal previously inaccessible areas and require additional sampling or wells, and that cleanup costs can range from tens to hundreds of millions of dollars. Committee members pressed the witnesses on whether the state has enough information to plan for land transitions, whether current tools are adequate, and whether more standardized procedures or financial assurances are needed. The witnesses generally said existing tools are useful but that more transparency and better data sharing would help communities and policymakers understand liabilities and long-term redevelopment opportunities. Members also questioned the relationship between California policy, refinery closures, imports, and global emissions. CARB said its programs apply to transportation fuel suppliers whether fuel is refined in-state or imported, and that its climate and air-quality rules are designed to reduce emissions and avoid leakage. Some senators argued that California’s policies have accelerated closures and that demand has not fallen fast enough to offset lost refining capacity, while agency witnesses responded that closures are also driven by global market forces, aging infrastructure, crude quality, and changing fuel demand. The committee then heard from outside experts, including a Notre Dame professor who said closure costs are often underestimated and that stronger financial assurance requirements can shift company behavior, a Stanford/SLAC researcher who outlined five drivers of refinery closures, and an environmental attorney who discussed community impacts and lessons from the Phillips 66 Los Angeles refinery closure. No votes or formal actions were taken; the hearing was informational and focused on testimony and questions.

Transcript Highlights:

• the process if they're not reporting and they're required to report?
• Yeah, so I, we have in our online reports each year, there are sort of and reports each year, there are
• Today’s presentation is focused on report highlights. The full report is available on our website.
• actually, is that originally when I looked at the report, I missed the WSP's pilot study report.
• and to do the report.

Summary: The Joint Legislative Audit and Review Committee met on January 7, 2026, approved the December minutes, and adopted an amended work plan. Staff proposed moving the drug take-back program sunset review up to 2026 and delaying the thermal energy network pilot review to 2028, which would free capacity for new studies. Members also discussed active bills that would eliminate two recurring JLARC reports, including one on lodging tax revenue data collection, and the committee adopted the work plan without objection. JLARC staff then outlined new performance measures for the committee itself, covering effectiveness, efficiency, and quality. The measures include member and legislative satisfaction surveys, presentations to other committees, recommendation follow-up, staff retention, on-time report delivery, peer review results, and national recognition. Members praised the effort and did not take formal action, treating the measures as an ongoing process. The committee also heard a proposal to improve JLARC’s review of tax preference performance statements by adding a standard rubric in fiscal notes to assess whether a metric matches the policy objective, is measurable, uses reliable data, and allows enough time for evaluation. Members supported the pilot approach. Staff also described planned changes to public records reporting guidance, including opt-outs for low-volume metrics, better validation, targeted outreach to nonreporting agencies, and a survey of records officers. Two preliminary reports were presented. On ignition interlock devices, JLARC found that only 41% of drivers with a requirement had installed a device, with installation rates rising sharply with income; financial assistance reaches only about 11% of users, and JLARC recommended clearer program goals and stronger coordination between the Department of Licensing and State Patrol. On the drug take-back program, JLARC found that the fee structure tied to operator expenditures limits the Department of Health’s ability to recover oversight costs and recommended public reporting of oversight spending and a statutory change to better align fees with actual costs. Agency representatives generally agreed with the findings, described current coordination and administrative changes, and said they would consider the recommendations. No formal votes were taken on the reports, which will return in final form later in the year.

Transcript Highlights:

• Welcome to the Joint Committee on Financial Services public hearing.
• That report is available online.
• I know you reported it favorably last year.
• Last session, it did give a favorable report.
• So when I tell members of my financially way out of reach.

Committee: Joint Joint Committee on Financial Services

Summary: The Joint Committee on Financial Services held a lengthy public hearing with testimony on a wide range of health insurance and access-to-care bills. Early testimony focused on prescription drug pricing and pharmacy reimbursement, with supporters of H. 1326 arguing that pharmacy benefit managers and MassHealth managed care arrangements reimburse independent pharmacies too little, contributing to pharmacy closures and “pharmacy deserts.” The committee also heard repeated support for H. 1151/S. 742 on cognitive rehabilitation for acquired brain injury, H. 1288/S. 716 on telehealth parity for nutrition counseling, H. 1309/S. 761 on full-spectrum pregnancy care without cost-sharing, H. 1312 on insurance coverage for doula services, H. 309 on prompt access to health care by removing deductibles for certain services, H. 809/H. 1227 on biomarker testing, H. 1162/S. 810 on reducing inequities in access to medical procedures by limiting insurer cuts tied to Modifier 25, and S. 726 on insurance coverage for mobile integrated health. Testifiers included legislators, physicians, pharmacists, dietitians, emergency and rehabilitation clinicians, and patients and family members. Supporters of the brain injury bill said cognitive rehabilitation is medically necessary, improves long-term outcomes, and can reduce institutional care and public costs; they noted the bill has been heard repeatedly and has support from the Brain Injury Commission and prior favorable committee action. Supporters of the pregnancy care and doula bills described out-of-pocket costs as a barrier to maternal health and shared personal stories of high bills and unmet support needs. Biomarker testing advocates and cancer patients said coverage gaps deny patients access to precision treatment, can lead to avoidable suffering, and should be standardized across insurers; several speakers said insurers often deny claims despite clinical benefit. Dermatology witnesses said insurers’ use of Modifier 25 cuts reimbursement for same-day evaluation and procedure visits, forcing separate appointments and increasing patient burden. Mobile integrated health supporters described home-based care as a way to reduce emergency department use and hospital readmissions, especially for patients with transportation or mobility barriers. No votes or formal committee actions were taken during the hearing itself.

Transcript Highlights:

• The bill was reported out favorably last session, and I would ask that the committee report it out favorably
• I'm sorry, it was reported out favorably last session, and I urge that the committee report it out so
• Very minimal cost was given a favorable report last time.
• ... ...for your favorable report last session, and I respectfully ask the committee to report the bill
• Please report this bill favorably from your committee.

Committee: Joint Joint Committee on Financial Services

Summary: The committee held a hearing on a large group of behavioral health and insurance-related bills. Topics included expanding access to mental health services by allowing physician assistants to authorize Section 12 emergency holds and be recognized as licensed mental health professionals (H. 1131/S. 773); improving coverage for community behavioral health centers so commercial insurance matches MassHealth’s bundled outpatient and crisis services (H. 1276/S. 703); eliminating cost sharing for certain behavioral health services (S. 718); extending detox and clinical stabilization coverage from 14 to 30 days and adding transitional support services (H. 1319/S. 772); requiring coverage for dual-diagnosis treatment in psychiatric facilities (H. 1277/S. 771); and preserving access to treatment for serious mental illness through coverage of coordinated specialty care and assertive community treatment (H. 1135/S. 709). The committee also heard bills on preventive behavioral health services for children (H. 1228/S. 802) and post-pregnancy mental health care, including postpartum depression and pregnancy loss-related care (H. 1314/S. 823).

Transcript Highlights:

• Allen Stevenson, a financial planner, and Representative Bo Bo Yeh, who is a financial planner and has
• Any objection to the adoption of that, to report as amended? Seeing none, it’s reported favorable.
• ruin.” “...who herself suffered financial ruin, but it wasn’t just financially.
• Any objection to report it favorable? Seeing none, it's reported favorable. Thank you. Thank you.
• financial bank.

Committee: House Commerce, Consumer Protection, and International Affairs

Summary: The House Committee on Commerce met on March 17, 2026, adopted its rules again because they had not been properly posted, and voluntarily deferred several bills before taking up the day’s agenda. The committee then moved through a series of commerce and financial services measures, with members repeatedly noting the bills had been worked on jointly by authors and stakeholders. HB 489, on transfer-on-death securities, was amended to make the transfer requirements mandatory and to remove a liability limitation for registering entities, then reported favorable. HB 545, which narrowed a consumer-loan bill to origination fees only, was amended and reported favorable. HB 555, expanding protections for eligible adults from financial exploitation, was amended with technical changes and an amendment from Rep. Boyd, then reported favorable after testimony from bankers and advocates describing scams targeting seniors and the need for delayed transactions, trusted contacts, and training. HB 797, creating the Bayou Gold Program, was amended to clarify electronic payment platforms and reported favorable after questions about state involvement, insurance, and consumer protections. HB 952, modernizing the consumer loan framework, was amended to a three-tier rate structure and to add ability-to-repay and disaster-relief provisions, then reported favorable. The committee also considered two economic development bills from Rep. Owen. HB 672 would encourage brick manufacturing in Louisiana; after an amendment changed LED’s role from directing a priority industry to allowing support through existing programs and guidance, the bill was reported favorable. Testimony emphasized Louisiana’s clay deposits, limited in-state brick production, and potential benefits for housing costs and jobs. HB 670, on wood pellet manufacturing, received a similar amendment limiting LED to support and guidance rather than mandates, and was also reported favorable. A consultant testified that a proposed North Louisiana pellet facility could generate significant payroll, local spending, and revenue from timber that is currently underused, while LED described the sector as part of the state’s agribusiness and energy strategy and discussed global demand, carbon footprint requirements, and the role of CCUS in attracting large projects. The discussion on HB 670 continued at the end of the transcript, with members probing how the industry works and how Louisiana could benefit from it.

Transcript Highlights:

• Thank you. >> [clears throat] This new report, is it a report that is a duplication of another report
• </c> this this new report this this new report is<00:07:48.960><c> it</c><00:07:49.080><c> a</c><00:07
• </c> requirement to make sure the reporting requirement to make sure the reporting was<00:10:36.640><
• </c> beyond the emergency financial needs. beyond the emergency financial needs.
• </c> in financial emergency. in financial emergency.

Committee: Senate Education Finance

Transcript Highlights:

• Allen Stevenson, a financial planner, and also Representative Bo Bo Yeh, who is a financial planner and
• Allen Stevenson, is a financial planner and also Representative Bo Bo Yeh, who is a financial planner
• ruin.” “...who herself suffered financial ruin, but it wasn’t just financially.
• Any objection to report it favorable? bill 555 as amended. Any objection to report it favorable?
• financial bank.

Bills: HB489 , HB545 , HB555 , HB583 , HB670 , HB672 , HB797 , HB814 , HB913 , HB952

Committee: House Commerce

Transcript Highlights:

• analysis and reporting capabilities.
• </c> improve its nextgen system financial improve its nextgen system financial analysis<00:24:13.600>
• </c> analysis and reporting capabilities. analysis and reporting capabilities.
• </c><00:24:44.400><c> that</c> should include report developers that should include report developers
• Your chief financial officer was held. Your chief financial officer was um<00:39:59.680><c> yours.

Summary: The Joint Fiscal Committee met on March 20, 2026, approved the minutes, and adopted the consent calendar after removing two items for separate discussion: FIS 26048 from the Department of Safety and FIS 26053 from the Department of Environmental Services. The committee then adopted both of those items after brief questioning. Safety explained that a $2 million transfer would reduce its lapse, though it still expected a lapse of just under $4 million. Members, especially Senator Gray, emphasized concern about lapses and the need to track them closely given prior-year shortfalls. On the Environmental Services item, members discussed the Heavy Falls dam removal. The commissioner said the dam is old, not grounded in bedrock, and does not meet current safety standards, so removal was the practical option because replacement funding was unavailable. He said the aquatic resource mitigation fund and Army Corps of Engineers support made the removal feasible, and that the town had been involved in discussions for years. The committee adopted the item. The committee also adopted a Department of Transportation item, with staff noting high snowfall and a roughly 25% vacancy rate but saying contractors and bonus incentives had allowed plowing operations to continue. A Judicial Council item was then adopted, with the director saying it would likely be his last appearance this fiscal year. The committee next reviewed information materials on YDC claims administration, where DOJ staff said current spending would leave about a $10 million buffer into the next fiscal year and described reduced staffing and ongoing claims work; no action was taken. The committee then heard audit presentations for the Liquor Commission and Lottery Commission. The Liquor Commission audit reported seven findings, including a material weakness on reconciliations, issues with NextGen data/reporting, gift and promotional card controls, procurement and leasing practices, and one nonconcurrence on whether certain purchases were exempt from bidding requirements; members discussed whether attorney general review or legislation might be needed. The commission said it had completed a year-end reconciliation and was about 70% reconciled through February. The Lottery Commission audit reported three internal control comments, all concurred with by the lottery, focused on written procedures, filling the controller position, annual risk assessments, disaster recovery testing, user access controls, and training compliance; the lottery said it was hiring to reduce reliance on one employee and had no unresolved findings. The committee took no vote on the audit materials and adjourned after setting the next meeting for April 17 at 11:00 a.m.

Transcript Highlights:

• That's today's just today's weather report.
• What are these financial risks?
• Let's think about who bears these financial risks.
• we ask you to report this bill out favorably.
• financial impacts of continued fossil fuel investment.

Committee: Joint Joint Committee on Public Service

Summary: The Joint Committee on Public Service held a hearing focused first on teacher retirement legislation, especially H. 2932 and S. 1884, which would give long-serving educators a one-time opportunity to enroll in Retirement Plus after the program’s 2001 rollout was described as confusing and inconsistently communicated. Legislators, union leaders, and many teachers testified that some educators missed the opt-in window because of faulty notices, leave status, transfers, or misinformation about payroll deductions, and that many have had to work several extra years as a result. Supporters said the bills would correct an unfair administrative error, provide a buyback option with interest, and could also save local school districts money by allowing earlier retirements. Representative Mark Sylvia also testified for H. 4234, a Fairhaven-specific bill to raise the age limit for special police officers from 65 to 70 and clarify appointing authority, citing experience and budget needs. The committee then heard testimony on several pension investment and divestment bills. Supporters of H. 2811 and related climate-risk measures argued that PRIM should assess, disclose, and address climate-related financial risk in the state pension fund, warning that fossil fuel investments could threaten long-term returns and public finances. Environmental advocates and financial experts said climate risk is systemic and urged transparency, divestment planning, and alignment with the Commonwealth’s climate goals. Another set of speakers supported H. 2984, which would divest pension investments from companies selling weapons to Israel; they argued the state should not be complicit in violence in Gaza and cited humanitarian and human rights concerns. Additional testimony supported H. 2900 and S. 1869 to divest from the firearm industry, with speakers saying pension investments should not undermine Massachusetts gun laws. No votes were taken during the hearing. The chairs repeatedly thanked speakers, limited testimony time, and noted that written testimony could be submitted later. The hearing concluded with the committee moving through the sign-up list and hearing extensive public testimony on the teacher retirement and divestment proposals.

Transcript Highlights:

• the definition of a financial exploitation scam.
• in conducting a financial transaction for personal gain.
• contractual authority to delay a financial transaction.
• Senator Allain has moved to report House Bill 1166 favorably.
• , that will be reported favorably.

Bills: SCR53 , HB259 , HB267 , HB478 , HB548 , HB555 , HB617 , HB670 , HB672 , HB797 , HB848 , HB917 , HB921 , HB1096 , HB1103 , HB1166 , HB1195 , HB1230

Committee: Senate Commerce, Consumer Protection, and International Affairs

Transcript Highlights:

• Other matter 2025-01: the board was six years behind on required audits and financial reports to the
• The board was six years behind and required audits and financial reports to the state auditor's office
• “Annually, we publish our annual report, and it’s posted on our website on the financials page under
• This report outlines prior-year activities and financials.
• As well as our annual report, we publish our audited financials on our website on that same page, on

Committee: Joint Legislative Audit and Fiscal Review Committee

Transcript Highlights:

• financial goals through ethical and competent financial guidance.
• financial goals through ethical and competent financial guidance.
• And as far as, uh, in financial planning, there is a crisis in financial planning.
• And as far as, uh, in financial planning, there is a crisis in financial planning.
• </c> year on finances and in the 2024 report year on finances and in the 2024 report report<01:31:48.119

Summary: The committee took up House File 2437, the governor’s proposed tax bill, and first adopted the A25-Z42 amendment to put the bill in the desired shape. Commissioner Paul Marquardt of the Department of Revenue then presented the bill as part of Governor Walz and Lieutenant Governor Flanagan’s budget, describing it as a response to budget pressures that would make the tax system more fair and stable while supporting economic development and jobs. Marquardt walked through the bill’s major provisions. These included sustainable aviation fuel policy, repeal of K-12 education credit assignment, elimination of the political contribution refund, expansion of the research and development credit, short-line railroad infrastructure modernization, changes to the state airport fund levy, replacement of attachments and appearances with distribution systems, a narrow personal property tax exception for low-income housing tenants, reduced aquatic invasive species aid, and a 34% reduction in PILT payments. He then focused on the sales tax article, saying it would lower the statewide rate by 0.75% while expanding the base to selected professional services such as accounting, banking, brokerage, and legal services, with business-to-business transactions exempt. He said the proposal would be effective for sales and purchases after September 30, 2025, and estimated a first-year rate-cut impact of about $99 million versus $215 million from the service expansion, while arguing that most households would see a net tax cut. He also noted other changes such as landlord penalty adjustments, a 30% reduction in sustainable aviation fuel incentive payments, repeal of local government cannabis aid, and repeal of the tax filing modernization account. Public testimony began with Kyle Playford of the Financial Planning Association of Minnesota, who strongly opposed the proposed sales tax on professional services, especially financial planning. He argued that financial planning is an essential service for retirement, investment, and long-term financial security, and said the tax would raise costs for consumers, reduce access for middle-class families, small business owners, and retirees, and put Minnesota firms at a competitive disadvantage. The chair then indicated that additional public testimony would continue before member questions.

Transcript Highlights:

• House Bill 5438, as amended, will be reported. Aye. Those opposed, no.
• House Bill 5438, as amended, will be reported.
• Committee substitute for House Bill 4087 will be reported. Next, I don't.
• The committee substitute for House Bill 4191 will be reported.
• House Bill 5687 as amended will be reported.

Summary: The Senate Finance Committee met with a quorum present, approved the prior meeting minutes, and then considered a series of House bills and committee substitutes. House Bill 5438, dealing with changes to Step 7 of the school aid formula and allowable uses of certain education allocations, was amended to adopt the Education Committee’s changes and then reported to the full Senate. House Bill 4087 creating the West Virginia-Ireland Education Alliance was also reported, as was House Bill 4191, which expands child care tax credit eligibility for employer-sponsored facilities and changes subsidy payments from attendance-based to enrollment-based reimbursement; senators emphasized its workforce and economic development benefits. House Bill 5074, which reallocates medical cannabis fund balances and future revenues, was amended to increase the Child Protective Commission pilot funding from $3 million to $5 million and remove proposed ibogaine research funding for Marshall and WVU before being reported. House Bill 5353, regulating virtual currency kiosks and money transmission licensure, and House Bill 5527, creating licensure and oversight for wellness reimbursement program administrators, both received strike-and-insert amendments and were reported. House Bill 5687, which phases down the metallurgical coal severance tax and adds a temporary oil and gas tax reduction with county/municipal revenue adjustments, was amended and reported. House Bill 4418, creating an electronic system for municipal business and occupation tax filing and collection with a 1% administrative fee and a participation threshold, was also reported. The committee then took up House Bill 4245, the Revenue Rules Bundle, which bundles 26 legislative rules from the Department of Revenue and related agencies. The bundle included alcohol, banking, insurance, racing, and tax rules, with several sunset extensions and repeals of outdated rules; the committee adopted a strike-and-insert amendment affecting a lottery consumer protection rule and a pre-need cemetery company rule, then reported the bill. House Bill 5168, providing a $12 million lottery-funded stream for emergency medical services, was amended to clarify the uses of the funds, rename one fund, require a 30% county match for mental health treatment spending, and create two additional county-based EMS funds; senators described it as a needed permanent funding source for EMS, and it was reported. Throughout the meeting, members generally supported the measures, with some discussion on technical details, funding allocations, and the impact of the bills on local services and workforce needs. At the end of the meeting, the chair announced that Senate House Bills 4004, 4006, and 4009 would not be taken up that day, and the committee adjourned.

Transcript Highlights:

• reporting of dental insurance administrative costs.
• I urge you to give it a favorable report. Thank you for your time.
• The Commonwealth also suffers financially when PANS/PANDAS is not diagnosed.
• Hello, esteemed members of the Joint Committee on Financial Services.
• The implementation of some of those reporting requirements.

Committee: Joint Joint Committee on Financial Services

Summary: The Joint Committee on Financial Services held a lengthy public hearing with more than 70 people signed up to testify, focusing mainly on health insurance and health care access bills. Early testimony centered on H.1257/S.712, which would require insurance coverage for medically necessary treatment of genetic craniofacial conditions. Supporters included legislators, dentists, and medical experts who said these conditions are not cosmetic, can severely affect eating, speech, pain, and social functioning, and often create major financial hardship because insurers deny coverage. A related dental bill, H.1262/S.676, drew technical testimony from the Life Insurance Association of Massachusetts about implementation issues with the 2022 dental loss-ratio law, while the Massachusetts Dental Society supported H.1306/S.696 on transparency in dental network leasing and opposed H.1262. Representative Gentile also testified for H.4013, which would ban for-profit acute care hospitals and for-profit health insurers in Massachusetts, arguing that profit incentives undermine patient care. A major portion of the hearing was devoted to H.1261/S.799, a bill to protect patients from surprise ambulance bills. Municipal fire chiefs, Boston EMS, nonprofit ambulance providers, and the bill’s Senate sponsor said the measure would require insurers to pay ambulance providers directly and promptly, cap patient out-of-pocket costs, and reduce confusion caused by out-of-network billing. Witnesses described ambulance services as essential public health infrastructure and said current billing practices can discourage people from calling 911 or leave municipalities and nonprofits unable to recover costs. Committee members asked about unpaid debt, municipal billing burdens, and how the bill would affect rates and reimbursement. No votes were taken during the hearing. The committee also heard extensive testimony on H.1249/S.805, which would require screening for PANS/PANDAS in medical and clinical settings. Legislators, clinicians, parents, a teen with the condition, and educators described PANS/PANDAS as an infection-triggered inflammatory illness that can present as sudden psychiatric symptoms and is often misdiagnosed as a mental health disorder. Supporters said routine screening at well visits, emergency rooms, and other clinical settings would help identify children earlier, reduce unnecessary psychiatric treatment and hospitalizations, and improve outcomes. Testifiers repeatedly urged favorable action, emphasizing the personal and financial toll on families and the potential for early treatment to prevent long-term harm. The hearing concluded with continued testimony on these bills; no committee action or votes were announced.

Transcript Highlights:

• However, the bill report has a more comprehensive description.
• Counties are struggling financially right now.
• Next is Senate Bill 5853, beginning with the staff report.
• And any confirmed financial loss is reported to the State Auditor's Office and to the State Board.
• Beginning with the staff report. Mr.

Summary: The Ways and Means Committee held a public hearing on multiple bills, beginning with a motion to suspend the five-day notice rule for a long list of Senate bills, which passed on a voice vote. The committee first heard Substitute Senate Bill 6026, a governor-request housing bill that would require cities and counties over 30,000 population to allow residential uses in commercial and mixed-use zones, limit mixed-use/ground-floor commercial requirements in some areas, and allow added height where such requirements are imposed. The lieutenant governor testified strongly in support, arguing the bill would add needed housing capacity without requiring ground-floor retail burdens. The hearing on SB 6026 was then suspended so the committee could move through the agenda. The committee then heard Senate Bill 6294, a broad local government finance measure with eight parts, including expanded uses for certain REET revenues, a new county public utility tax, a new local sales tax for children and family services, expanded housing-related tax uses, changes to county levy structure, longer lid lift periods, and expanded use of rental car tax revenue. Local government, housing, and public health witnesses largely supported the bill, emphasizing flexibility for affordable housing, rental assistance, children’s services, and county fiscal stability. Opponents, including wireless industry, water/sewer district, auto dealer, realtors, energy, and cannabis representatives, objected to specific tax provisions as regressive, costly, or likely to raise consumer prices. Several witnesses requested amendments, including adding public health clinic funding and flood recovery language from House bills. The committee also heard Substitute Senate Bill 5400 on local news sustainability, which would create a state grant program funded by a surcharge on large search engines and social media platforms to support journalism jobs and the Murrow Fellowship program. News organizations, the League of Women Voters, open government advocates, and local journalism supporters testified in favor, saying local news is essential to civic life and that the bill would help sustain reporting without using general fund dollars. Technology industry representatives opposed the bill, arguing it unfairly singles out tech companies and could face legal challenges. The committee then heard Senate Bill 6211, which would let opt-in GMA jurisdictions impose REET-2 without voter approval; cities and counties supported it as a parity and infrastructure funding measure, while Realtors opposed the loss of voter approval. Senate Bill 5650, authorizing local cannabis excise taxes, drew support from some local officials but strong opposition from cannabis businesses, which argued Washington’s cannabis taxes are already too high and drive sales to the illicit market. Senate Bill 6033, waiving penalties and interest for taxpayers who failed to collect new sales tax on certain services, was supported by NFIB as a compliance and fairness measure. Senate Bill 6297, exempting temporary staffing services for nonprofit behavioral health providers from sales tax, drew strong support from behavioral health organizations citing workforce shortages and unsustainable costs. Finally, Senate Bill 6343, extending and expanding tax relief for disaster-damaged property and repairs, was presented as aid for flood recovery; local officials testified in support. No final committee votes on the bills were taken in the portion of the meeting provided.

Transcript Highlights:

• I mean, you just would need the financial expertise to be able to vet it.
• There needs to be the financial expertise to be able to vet the plan.
• the annual report, which is a whole lengthy report that providers have to complete every year.
• And that includes audited financial statements.
• And Jennifer is going to be working with us until the report is complete.

Summary: The commission’s fifth meeting focused on consumer protections and resident rights in continuing care retirement communities (CCRCs), with a presentation by Yvonne Choyah of UC Law San Francisco. She described California’s CCRC framework, including entrance fee structures, monthly fee increases, contract types (A, B, and C), disclosure requirements, and regulatory oversight. A major theme was that residents often do not understand the contracts they sign, while providers retain broad discretion over fees, transfers, terminations, and changes to the physical plant. She also emphasized that California’s regulator is understaffed and not well suited to oversee the complex financial and insurance-like aspects of CCRCs, and that resident complaints and litigation can be slow and difficult. Choyah and commission members discussed several consumer-protection issues, including refundable versus repayable-on-resale entrance fees, rising monthly care fees, the decline of life care contracts, and the need for clearer disclosures and better comparative data for prospective residents. She noted that California requires annual disclosure statements, resident bill of rights materials, and some fee-related reporting, but that enforcement and accessibility remain weak. Members raised questions about resident board representation, accreditation, refund requirements, and whether state agencies or resident associations could help explain contracts to consumers before admission. Choyah suggested stronger oversight, more financial expertise in regulation, and better transparency about ownership and fee-setting. The meeting ended with discussion of the commission’s next steps toward its August report. Staff said a draft report would be prepared from the commission’s discussions and circulated for comment before final revisions. The chair also announced staff transitions: Jennifer would be leaving the State House role, and Juliana Fernandez and Vicky Halal would be the main contacts going forward. The commission adjourned after thanking Choyah for her presentation and answering member questions.