Transcript Highlights:

• And so this means this period of service is eligible for purchase and should be added to the total purchase
• And so this means this period of service is eligible for purchase and should be added to the total purchase
• PERA worked on it, the city worked on it. is eligible for purchase and should be is eligible for purchase
• ,<00:33:51.440> the result of this revised purchase, the result of this revised purchase,
• the service is eligible for purchase the service is eligible for purchase because<00:36:37.840><

Keywords: 918, senate, all

Summary: The committee first approved the April 14, 2026 meeting minutes without objection. It then took up Senate File 4860 / House File 4812, the St. Paul Teachers Retirement Fund Association bill, which would reduce the employee contribution rate for coordinated members from 9% to 8% starting after June 30, 2026, raise the retiree COLA from 1% to 1.5% beginning January 1, 2027, and increase the state-funded employer contribution by 2.7%. Staff said the bill’s cost is just over $12 million per year over 15 years. Representative Lilly said the bill was intended to bring parity to St. Paul teachers after prior work in this area left some behind. Several St. Paul teachers testified in support, describing financial strain, burnout, and the difficulty of balancing teaching with family responsibilities. Hannah Geimer said the 1% contribution change would make a meaningful difference in her budget as a single parent. Eric Erickson said he and his wife have spent decades working extra hours and coaching, and argued that St. Paul educators pay more and receive less in retirement than other teachers. Arzoo Faroozan Yazdani, a Central High teacher, said the higher contribution rate and lower COLA make it hard to stay in the district and raise a family. Lisa Hodek said teachers are undercompensated for the demands of the job and that the pension disparity has created frustration and a sense of betrayal. Phil Tensic, the SPTRFA director, summarized the request as seeking an 8% contribution and 1.5% COLA to match TRA, and noted that the plan’s members are spread across legislative districts, not just in St. Paul. Members discussed the history behind the pension disparity. Senator Nelson questioned whether “parity” was the right term given the plan’s funding problems and the legacy of the “big red box,” referring to past underfunding. Tensic and Senator Pappas explained that the state had previously allowed St. Paul schools not to contribute for a period of years, that supplemental district and state aid began in 2018, and that the plan is projected to be amortized by 2039 and must be paid off by 2048. Members also noted that the bill and related pension proposals depend on available funding; Representative O’Driscoll and others said no final financing agreement had been reached, though leadership was continuing discussions. The committee received letters of support from Education Minnesota, the St. Paul Federation of Educators, and 40 individual supporters. No final vote on the bill was taken in the portion of the meeting provided.

Transcript Highlights:

• For a caregiver, you can purchase for up to five patients.
• For a caregiver, you can purchase for up to five patients.
• track the purchases. track the purchases.
• purchase? purchase?
• So, it's not to track the purchases.

Keywords: 912, senate, all

Summary: The committee first heard SB 888, which would bar operators of smart household security devices from sharing user data with law enforcement unless the user consents or police obtain a warrant. DCCA’s Office of Consumer Protection offered comments and Judiciary submitted written support. Several individuals also submitted written support. The committee recommended passage with amendments clarifying that the Office of Consumer Protection may enforce violations and adopting Judiciary’s recommended changes, while also deferring the effective date to July 1, 2050. The motion passed unanimously among members present, with one senator excused. The committee then took up SB 2777 on insurance disclosures. The bill would require authorized insurers to disclose claim-handling data to consumers, including claims open at the start of a period, closed with payment, closed without payment, and open at the end of the period. The committee described amendments to clarify the bill, remove a requirement for the DCCA insurance division to handle publication, and defer the effective date to July 1, 2050. The measure was passed with amendments and the recommendation was adopted, with one member voting no and another excused. In a joint Commerce and Consumer Protection/Judiciary hearing on SP2738 relating to tax haven abuse, the Department of Taxation offered comments and the Tax Foundation testified in opposition, arguing the state should rely on IRS audits and existing worldwide reporting rules rather than create a separate state approach. Other written testimony was noted in both support and opposition. The committees recommended passage with amendments adopting Taxation’s technical changes and deferring the effective date to July 1, 2050; the recommendation was adopted, with one senator noting reservations. The joint hearing then moved to health-related bills, including SB 2690 on primary care spending, SB 3103 on energy assistance, SB 3137 on Department of Health authority over food, drugs, and cosmetics, SB 3164 on child welfare service organizations, and SB 3206 on cannabinoids. SB 2690 drew strong support from physicians and advocates who said it would address primary care shortages, especially on neighbor islands, while HMSA and others warned a fixed spending percentage could raise costs and suggested a working group. SB 3164 drew support from child welfare providers and opposition from the Attorney General over indemnification language, and SB 3206 drew mixed testimony: state agencies raised federal-law and vagueness concerns, while hemp and cannabis advocates and some farmers supported the measure and urged broader legalization or amendments.

Transcript Highlights:

• , a $20 paper bill at that time had the equal purchasing power.
• That means if gold maintains its purchasing power, the IRS will tax away the quote gains.
• Citizens would purchase gold held in a state depository. The gold is fully allocated.
• Citizens would purchase gold held in a state depository. The gold is fully allocated.
• It's attached to a debit card so it can be used for everyday purchases. It's not mandated.

Bills: HB2123, HB2140

Keywords: bullion, depository, legal tender, Arizona, finances, precious metals, financial transactions, investment, state treasurer, gold bullion, treasury management, financial regulations, 1182, all

Summary: The Committee on Regulatory Oversight heard two bills from Representative Lisa Fink related to gold and silver. HB 2123 would create an Arizona Bullion Depository under the State Treasurer, allow a third-party administrator and vault services, require insurance for deposits, and recognize gold and silver as legal tender. Fink and a supporter testified that the bill would make bullion more practical for everyday use through a debit-card-style system, provide an inflation hedge, and expand access beyond wealthy investors. During committee discussion, one member voted present because of the bill’s rulemaking language, while others voted yes; the bill received a do pass recommendation by a 4-0-1 vote. The committee then considered HB 2140, which would allow state and local governments to store bullion in the depository, authorize the State Treasurer to place up to 10% of state monies in bullion, and require the Department of Insurance and Financial Institutions to adopt rules. Fink argued the bill would diversify state assets and protect against inflation and counterparty risk, citing Utah’s treasurer and constitutional support for gold and silver. A member asked whether the rulemaking provision could be removed, and Fink said she was open to discussing that with the treasurer. With no public testimony, the committee approved HB 2140 on a 4-0-1 vote, and then adjourned.

Transcript Highlights:

• Additionally, it instructs the association to transmit prescribed information to the purchaser after
• receipt of the owner's written notice of a pending purchase offer rather than a pending sale.
• Happy to answer any questions. ...of a pending purchase offer rather than a pending sale.
• I believe that how it works for automobiles is that you may purchase insurance.
• So you can purchase insurance; of course, most people do, but you can also post a bond.

Keywords: 1182, all

Transcript Highlights:

• 4876, which relates to the withdrawal of certain deposits placed in escrow in connection with the purchase
• Presently in Texas, an earnest money deposit made by a purchaser for the purchase of a condominium unit
• The purchase agreement must expressly disclose that those deposits may be used for agreement and before
• Currently, deposits made by a purchaser for the purchase of a condominium home must be held in an escrow
• account until the home is conveyed to the purchaser.

Transcript Highlights:

• 4876, which relates to the withdrawal of certain deposits placed in escrow in connection with the purchase
• An earnest money deposit made by a purchaser for the purchase of a condominium unit must be held in an
• The purchase agreement must expressly disclose that those deposits may be used for construction, and
• Deposits made by a purchaser for the purchase of a condominium home must be held in an escrow account
• . ...until the home is conveyed to the purchaser.

Keywords: 1184, house, all

Transcript Highlights:

• Wyoming uh, school districts are reimbursed 20% of bus purchases over a 5-year period.
• <00:13:37.200> over are reimbursed 20% of bus purchases over are reimbursed 20% of bus purchases
• school districts for those bus purchases school districts for those bus purchases in<00:13:49.760
• <00:14:23.440> What<00:14:23.680> still purchasing those buses.
• What still purchasing those buses.

Bills: HB0150

Keywords: Wyoming business council, economic development, task force, evaluation, policy reform, 916, all

Transcript Highlights:

• Again, as I see this, the vendor being, if you go and purchase an item, let's say you purchase a pack
• Again, as I see this, the vendor being, if you go and purchase an item, let's say you purchase a pack
• Let's say you purchase a pack of gum at CVS.
• People are losing their purchasing power.
• with the exact same purchasing power the food and necessities that they need.

Summary: The committee met to hear five banking and insurance-related bills. HB 1549, an Office of Financial Regulation agency bill to help more efficiently regulate financial institutions, was amended to match Senate companion language and then passed unanimously. HB 1231 would extend physician payment and prior-authorization protections similar to a prior dental law, including limits on virtual credit card payments as the sole payment method; physicians and medical groups supported it as a way to reduce fees and retroactive denials, while insurers were not heard in opposition, and the bill passed unanimously. The committee then heard HB 999, which would make gold and silver legal tender and allow transactions in bullion through electronic debit mechanisms. The sponsor and several proponents framed it as an inflation hedge and economic freedom measure, while questions focused on definitions, transaction costs, and vendor participation. The bill passed on a mostly party-line vote, with one member voting no. The committee also approved HM 4363, a memorial urging Congress to establish a sovereign wealth fund; the sponsor described it as a way to steward national wealth, and the memorial passed with one dissenting vote. Finally, the committee took up HB 1551, which would create a prevailing-party attorney fee framework in insurance contract disputes. The sponsor argued it would restore balance, deter meritless litigation, and help consumers with valid claims recover fees, while insurers, business groups, and defense attorneys warned it would revive one-way fee shifting, increase litigation, and raise premiums. Consumer advocates and some members supported it as necessary to give policyholders meaningful recourse. After debate, the bill passed favorably, with one member voting no.

Transcript Highlights:

• Purchase cards are the county-issued credit cards.
• So when we do have to replace that, it's a fairly large purchase.
• And if it's a purchase card, they would have to pay it back.
• And if it's a purchase card, they would have to pay it back.
• Of course, if they made an unlawful credit card purchase, or an inappropriate credit card purchase, they

Summary: The Intergovernmental Affairs Subcommittee met to review how county budgets are developed and how constitutional officers fit into that process. Davin Suggs of the Florida Association of Counties gave an overview of county budgeting, explaining the statutory framework, the role of property taxes and TRIM notices, the fiscal-year timeline, fund balances and reserves, and the Department of Revenue’s oversight. He emphasized that county budgets include the board’s budget plus the budgets of constitutional officers, and that relationships and communication are critical to resolving budget issues. A panel of constitutional officers then described their offices’ budget processes and responsibilities: Escambia County Sheriff Chip Simmons discussed law enforcement budgeting and the importance of negotiated agreements with county commissions; Alachua County Property Appraiser Aisha Solomon explained the June 1 budget deadline, valuation methods, and the appeal process for property assessments; Manatee County Clerk and Comptroller Angelina Coleniso outlined the clerk’s court and finance duties, the county-side budget process, and the clerk’s personal liability under section 129.09 for unlawful expenditures; Leon County Supervisor of Elections Mark Early described the cyclical nature of election costs, staffing, equipment, and the impact of turnout and election law changes; and Columbia County Tax Collector Kyle Keene explained that tax collectors’ budgets are reviewed by the Department of Revenue, with fee offices funding themselves through service charges and budget offices relying on county support. Members asked about personal liability for unlawful spending, conflicts between clerks and county commissions, property valuation and storm damage adjustments, reserve levels, and whether tax collectors can retain excess fees. Responses noted that clerks must refuse illegal expenditures, property appraisers use market-based assessments with VAB and court review available, counties should maintain healthy fund balances for cash flow and emergencies, and tax collectors generally must zero out year-end balances and distribute excess revenues to taxing authorities. The committee took no votes and adjourned after thanking the panelists for their testimony.

Transcript Highlights:

• They could purchase. ...purchase land legally, how about that? How about they just follow the law?
• It simply limits the scope of a home purchase or residential purchase to a primary residence of a single-family
• Well, what if it's purchased illegally?
• Yeah, I mean the purchase itself is not void. It's a valid purchase, but an illegal purchase...
• If you purchase land and it is found that it was purchased illegally based on this. bill, then you'll

Bills: HJR175, HJR88, HB21, HB49, HB216, HB346, HB573, HB565, HB954, HB1953, HB2686, HB1441, HB2734, HB1650, HB3161, HB2876, HB3185, HB3388, HB2761, HB3233, HB 1186, HB1534, HB5506, HB5129, HB3619, HB778, HB2867, HB3221, HB3672, HB2434, HB4903, HB3687, HB3675, HB4609, HB4582, HB4921, HB3866, HB3901, HB4534, HB2446, HB3984, HB700, HB4012, HB4491, HB4088, HB229, HB4234, HB722, HB4136, HB4105, HB4413, HB170, HB551, HB2858, HB3053, HB3142, HB3180, HB3722, HB2200, HB1794, HB1784, HB1581, HB2530, HB4308, HB1896, HB2974, HB3359, HB4580, HB2458, HB2215, HB3332, HB2278, HB3015, HB3151, HB1368, HCR9, HCR40, HB5138, SB17, HB4944, HB2284, HB3421, SB1569, SB2420, SB1968, SB2351, SB2544, SB1490, SB1349, SB1568, SB2776, HB3531, HB2149, HB4327, HB3158, HB3717, HB4520, SB888, SB552, HB3138, HB3704, HB2921, HB4853, HB4506, HB3892, HJR161, HJR175, HJR88, HB1937, HB3334, HB5444, HB5137, HB361, HB321, HB5447, HB464, HB678, HB2294, HB4172, HB3225, HB1769, HB5394, HB1837, HB1787, HB2271, HB2440, HB5134, HB5149, HB2151, HB2073, HB2186, HB2025, HB1936, HB1777, HB1663, HB 1306, HB 1290, HB1527, HB4802, HB3462, HB2963, HB2462, HB2560, HB644, HB2725, HB2621, HB2588, HB1443, HB1403, HB3032, HB1557, HB1664, HB2811, HB2088, HB2598, HB3062, HB3134, HB3940, HB4027, HB4097, HB4862, HB4170, HB4157, HB4205, HB4279, HB4377, HB4838, HB5424, HB5294, HB4870, HB4763, HB5639, HB4112, HB2275, HB1677, HB5014, HB3848, HB3797, HB3727, HB3709, HB3177, HB3057, HB4176, HB4202, HB2180, HB3528, HB3658, HB21, HB49, HB216, HB346, HB573, HB565, HB954, HB1953, HB2686, HB1441, HB2734, HB1650, HB3161, HB2876, HB3185, HB3388, HB2761, HB3233, HB 1186, HB1534, HB5506, HB5129, HB3619, HB778, HB2867, HB3221, HB3672, HB2434, HB4903, HB3687, HB3675, HB4609, HB4582, HB4921, HB3866, HB3901, HB4534, HB2446, HB3984, HB700, HB4012, HB4491, HB4088, HB229, HB4234, HB722, HB4136, HB4105, HB4413, HB170, HB551, HB2858, HB3053, HB3142, HB3180, HB3722, HB2200, HB1794, HB1784, HB1581, HB2530, HB4308, HB1896, HB2974, HB3359, HB4580, HB2458, HB2215, HB3332, HB2278, HB3015, HB3151, HB1368, HCR76, HCR127, HCR9, HCR40

Keywords: constitutional amendment, medium of exchange, currency rights, digital currency, financial autonomy, tax exemption, rainwater harvesting, graywater system, local government, ad valorem taxation, housing finance, multifamily residential, low income, audit requirements, affordable housing, development bonds, oil waste, gas waste, liability, treatment processes

Transcript Highlights:

• And that's really building on the 45 years of success of county-based purchasing.
• Updates between the current county-based purchasing model and karma include the um establishes direct-to
• This legislation is a result of collaboration between DHS, counties, and county-based purchasing plans
• This legislation is a result of collaboration between DHS, counties, and county-based purchasing plans
• So, thank you purchases type mentality.

Keywords: 1187, senate, all

Transcript Highlights:

• , child care institution food purchasing, and another program, totaling about $18 million. got the same
• and $4,445,518 for child care food purchasing.
• <00:25:22.600> $ 348 for school food purchasing $ 348 for school food purchasing $ 4,445<00
• 4,445 518 for child care food purchasing 4,445 518 for child care food purchasing and<00:25:28.320
• <00:25:30.679> assistant Minnesota local food purchase assistant Minnesota local food purchase

Bills: HF1704, HF2052

Keywords: Minnesota agriculture budget, Department of Agriculture appropriation, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, farm bill, rural development, agricultural grants, soil health, livestock compensation, crop damage, meat inspection, poultry inspection, county agricultural inspectors, biofertilizer, nitrogen management, commercial nitrogen fertilizer, water quality, farm down payment assistance, beginning farmers

Transcript Highlights:

• And our goal is that we could incentivize the purchase of walleye stamps so that those dollars can be
• <00:00:47.440> walley incentive to use to purchase walley incentive to use to purchase walley
• <00:01:21.360> of we could incentivize the purchase of we could incentivize the purchase of
• <00:03:31.920> Um would be interested in purchasing it.
• Um would be interested in purchasing it.

Keywords: 1183, house

Transcript Highlights:

• record date and time of use, starting location or destination, beginning and ending mileage, and fuel purchase
• And how about the gasoline purchases? So how do you know?
• The way those gasoline purchases work is that each vehicle is assigned a WEX card.
• And so that would help us or the departments track who is using and who is purchasing the vehicle or
• And then we're also alerted if they purchase more fuel than what the vehicle has capacity for.

Summary: The committee first approved the minutes from the prior meeting. It then heard audit reports from Tom Bullington, including two reports with findings and three without findings, which were filed without objection. The Department of Public Safety FY24 audit had two findings: a duplicate vendor payment of nearly $3,700 that was later recouped, and a $2.5 million collateral shortfall tied to bank-held cash funds because securities were not properly pledged in the State Police’s name. Agency representatives from Arkansas State Police and the Department of Public Safety answered questions, and members discussed how collateralization works for deposits above FDIC coverage. The committee next reviewed the Department of Transformation and Shared Services FY24 audit, which contained five findings. These included an $800 career service overpayment caused by a rehire data entry error, delayed deactivation and inventory issues for assets including stolen cameras, a double count of more than $940,000 in year-end cash records, $10.3 million in health claims that should have been recorded as fiscal year 2024 payables, and repeated deficiencies in vehicle mileage logs. Agency officials explained that the stolen cameras were recovered through restitution, that inventory reviews are being expanded, and that the vehicle log problems are expected to be addressed through a statewide electronic GPS/telematics system. Members asked about the scope of audit testing, asset tracking, vehicle oversight, and whether the new vehicle system would allow monitoring of use, fuel purchases, geofencing, and possible sharing of vehicles across agencies. Shared Administrative Services said it would administer the statewide system, with departments retaining operational responsibility and access controls. After discussion, the committee filed the report without objection and adjourned, noting the next meeting would be held June 4.

Transcript Highlights:

• record date and time of use, starting location or destination, beginning and ending mileage, and fuel purchase
• And how about the gasoline purchases? So how do you know?
• The way those gasoline purchases work is that each vehicle is assigned a WEX card.
• And so that would help us or the departments track who is using and who is purchasing the vehicle or
• And then we're also alerted if they purchase more fuel than what the vehicle has capacity for.

Keywords: 1204, all

Transcript Highlights:

• Senate Bill 72 would provide financial security to consumers by providing them the option to purchase
• Right now, the Comptroller, for instance, in the ESL, can purchase securities directly.
• In the industry can put money into this fund, which is more or less purchasing advertising.
• We don't have gold purchased today.
• They actually purchase Bitcoin, just like the GLD ETF, for instance.

Bills: SB 21, SB21, SB72, SB140, SB262, SB370, SB372, SB495, SB627, SB703, SB764, SB842

Keywords: emergency alerts, weather alerts, public safety, local government, municipality, county, website posting, online notice, emergency management, disaster preparedness, evacuation, National Weather Service, NOAA, Texas Division of Emergency Management, TDEM, localized alerts, hazard warnings, severe weather, watch warning advisory, public information

Transcript Highlights:

• It's to purchase an A.V. system for the Real Estate Commission.
• Okay, and that's in relation to the purchase of the new building?
• What was, refresh me, the purchase price? $3.5 million. Okay.
• And then I guess there was a... ...the purchase price? $3.5 million. Okay.
• I was not aware of that issue when we approved the purchase of that building.

Summary: The committee considered a series of appropriation, transfer, and review items, approving most requests in Sections B through J. These included temporary appropriations for state technology upgrades, personnel management, court reporters and interpreters, crime victim claims, juvenile sex offender assessments, radiation lab testing, higher education workforce grants, an ARPA grant for the UAFS LPN program, an IIJA grant for geological/critical minerals work, a restricted reserve transfer for 102 State Police vehicles, a transfer to the Arkansas Heroes Program, several cash fund requests for the Real Estate Commission HVAC and AV needs, and overtime appropriations for Emergency Management and Military. One budget classification transfer request from the Commissioner of State Lands for $250,000 to cover operating expenses tied to a new building was discussed at length but failed on the vote after questions about the lease and operating costs. A major portion of the meeting focused on a $25.7 million pay plan appropriation request for 15 agencies. Members questioned why the Department of Human Services had not requested additional pay-plan dollars for human development centers, where DHS acknowledged staffing shortages, high turnover, and heavy overtime but said the issue was not lack of pay-plan funding. DHS was asked to provide a written plan to address staffing problems. The Department of Corrections testified that the pay plan had improved retention and hiring, and committee members asked for follow-up data on vacancies and staffing outcomes. Members also clarified that the pay-plan request was appropriation only, not new funding, and approved it. The committee then reviewed fund reports, including the restricted reserve, Budget Stabilization Trust Fund, Tobacco Settlement, State Central Services, Education Adequacy, Medicaid Trust Fund, IIJA, and Revenue Services transfer reports. DHS and DFA were questioned closely about the Medicaid Trust Fund, with members noting a $90 million February draw and asking about projected year-end balances; DFA and DHS said February was a high-expense, low-revenue month and projected the fund would remain solvent through the fiscal year, ending between $150 million and $200 million, while a second $100 million set-aside is planned for FY27. The committee also discussed a state hospital damage report, where DHS explained that insurance proceeds would not fully cover the repair costs because of depreciation and the age of the buildings; members expressed concern that the state would recover far less than originally expected, and DHS said any additional insurance recovery would be limited and returned to restricted reserve.

Transcript Highlights:

• The next in the multi pronged approach is value-based purchasing.
• The value-based purchasing is a strategy used to improve the quality and value of healthcare services
• Examples of a value-based purchasing driven.
• as well as the amount really leading toward a value-based purchasing model that has both a risk and
• reward shared savings and that type of more complex value-based purchasing model.

Transcript Highlights:

• Um, so, members, this is the provision that would limit private equity companies from purchasing more
• Um, so, members, this is the provision that would limit private equity companies from purchasing more
• We are seeing, you know, these companies swoop in, and they can purchase homes, you know, with a cash
• <00:20:30.760> single-family companies purchasing single-family companies purchasing single-family
• <00:21:10.520> homes,<00:21:11.440> um purchase homes, um purchase homes, um uh<00:21:12.680

Keywords: 919, house, all

Summary: The conference committee on House File 1141, the Omnibus Housing Finance and Policy Bill, reviewed the fiscal spreadsheet and policy language for the agreement. Staff explained the major funding items, including appropriations for greater Minnesota workforce housing, manufactured home park infrastructure grants, family homelessness prevention, supportive housing, a tenant hotline, and housing infrastructure bonds, along with a cancellation of unused Tyler settlement funds and a reallocation of Housing Development Fund earnings. Staff said the package was budget neutral over the forecast window. The policy walk-through also covered provisions on livestreaming Housing Finance Agency board meetings, limits on administrative retentions for new grant programs, restrictions and reporting on Housing Development Fund transfers and earnings, clarifying language for local public housing, an exemption related to lived-experience engagement, and access for legislative fiscal staff to agency accounting information. Members then considered several amendments. The A12 amendment, allowing certain local governments to invest long-term funds in housing-related investments, was adopted after a roll call showed support from all three caucuses. The A16 manufactured housing bill of rights amendment, which would have addressed park-owner practices, purchase opportunities, enforcement, and rent increases, was not adopted. The A18 amendment to allow additional flags in HOAs and other areas was also not adopted. The A17 amendment to limit private equity ownership of single-family homes to 100 units was not adopted. The A13 amendment to preempt local rent control was not adopted. Members on both sides said some of the rejected issues warranted further discussion in future sessions, while supporters argued they were needed to address housing affordability and ownership pressures. In closing discussion on the bill as a whole, members from both chambers praised the bipartisan process, the staff work, and the Minnesota Housing Finance Agency’s collaboration. Supporters said the agreement would help build thousands of homes across the state, assist vulnerable Minnesotans, and improve transparency and accountability in housing programs. They also noted the bill’s mix of single-family, multifamily, manufactured housing, homelessness prevention, and policy reforms. The committee expressed intent to move the agreement forward to the House floor and ultimately to the governor.

Transcript Highlights:

• ,<00:43:14.960> if about for a gift card purchase, if about for a gift card purchase, if somebody
• I don't know how much that they can purchase at a time. Maybe Mr. Smith knows that.
• <00:55:59.440> at know how much that they can purchase at know how much that they can purchase
• Um, and so we're not taking away the opportunity to purchase crypto.
• Flip's app and and purchase Flip's app and and purchase cryptocurrency<00:57:59.760> there.

Keywords: 1183, house

Summary: The committee heard House File 3642, as amended by the DE1, which would prohibit virtual currency kiosks in Minnesota. The author, Chair Kaggel, said the bill is intended to stop scammers from using crypto kiosks to defraud vulnerable people, especially older adults, because the transactions are often irreversible and hard to trace. Representative Perryman spoke in support, describing local fraud cases and saying the issue had come to her attention through St. Cloud residents and police. The bill was laid over for further work with the Department of Commerce and other interested members. Testimony from law enforcement and advocates strongly supported the ban. A St. Cloud police sergeant said the problem is statewide and described a case in which a 78-year-old woman lost $80,000 after being directed to a kiosk. A Woodbury detective said current safeguards, including warnings, limits, and refund provisions, have not stopped weekly victimization and that scammers coach victims to bypass protections. An AARP Minnesota volunteer said kiosks are a preferred vehicle for scammers because they move stolen funds quickly and are especially harmful to older adults, and he noted that the 2024 consumer protections have not been enough. The Department of Commerce also supported the bill, saying crypto kiosks are a growing fraud vector and citing 120 complaints over three years, nearly $1 million in reported losses, and 70 cases with $540,000 in losses already in 2025. The department said many victims do not report losses, so the true amount is likely higher. In contrast, Coinflip’s general counsel opposed a ban and argued that fraud should be addressed through stronger regulation, refunds, blockchain analytics, and customer-service requirements rather than prohibiting a legal product. He said scams would continue through other channels if kiosks were banned. In discussion, members asked about the number of kiosks, how long they have been operating in Minnesota, and the scale of losses; the department said there are about 350 licensed kiosks operated by 8 to 10 operators, though the total number may be higher.