Transcript Highlights:

• We've also saved between $200,000 and $300,000 through risk mitigation, optimizing our IT assets, and
• through partnerships with OMES IT asset management services.
• Lastly, we're working to be more proactive than we have been in the past in our asset management and
• Lastly we're working to be more proactive than we have been in the past and our asset management and
• So, in addition to our IT assets, of which we are working with OMES IT to understand all of our IT assets

Summary: The committee first heard a presentation from the Oklahoma Department of Commerce on its FY26 priorities, recent performance, and budget requests. Commerce said it had helped announce about 8,000 direct jobs and nearly $14 billion in investment year-to-date, while noting challenges such as tariffs, workforce recruitment, staffing/FTE management, and the condition of its 100-year-old office building. The agency highlighted projects and initiatives including a new Taiwan trade office, Route 66 Centennial planning, the National Main Street conference in Tulsa, Olympic-related coordination, census outreach, and continued improvements to its grants and CRM systems. Requested funding included $8.3 million for building repairs or relocation planning, census support, $300,000 for EDGE, $135,000 for IT/cybersecurity upgrades, $250,000 for the Taiwan office, and additional support for Head Start, senior nutrition, and the Strategic Air and Space Commission. Members asked about the meaning of the investment totals, the building condition, delays in senior nutrition distributions, and staffing vacancies; Commerce said the investment figures reflected formal company capital announcements, the building had significant facade and roof damage, delays were due to multiple contracting layers, and several open positions were expected to be filled soon. The Oklahoma Tourism and Recreation Department then presented its FY26 budget and goals. New director Amy Blackburn and special advisor Sterling Zearley said the department oversees 38 state parks, six lodges, seven golf courses, and nine travel information centers, and emphasized tourism’s economic importance. They reported savings from bringing marketing and tracking functions in-house and from shared services, but said the department faces more than $271 million in deferred maintenance needs, staffing shortages, and connectivity problems at parks. Their goals include increasing park visitation to 10.2 million, raising occupancy to 36%, and growing travel to Oklahoma, with major marketing tied to the Route 66 Centennial, America 250, the FIFA World Cup, the Olympics, and other events. The department also discussed a request to raise its purchasing exemption cap from $25,000 to $75,000, a possible TravelOK.com redesign, and efforts to improve restaurant operations at lodges through a new RFP structure. Members questioned the apportionment cap, the size and timing of deferred maintenance requests, park revenue, and the use of parking pass funds; tourism said annual park-related revenue is about $32 million to $34 million and parking pass revenue is about $2.5 million. Finally, the OSU Veterinary Medicine Authority presented its budget request and program updates. The authority said it supports the veterinary teaching hospital and related student training, and that its FY26 budget is entirely state-appropriated. It requested continued support for hospital operations, the large animal scholarship program, and a new $12.5 million annual payment tied to the $250 million Legacy Capital Fund authorization for the veterinary teaching hospital, along with additional funding to expand in-state enrollment. Officials said in-state enrollment had increased from 58 to 69 students after prior funding, with a goal of reaching 90 of 106 total seats, and that there were 195 in-state applicants this year. Members asked whether standards would be lowered; the authority said academic standards would not change and noted strong board-pass rates and retention outcomes. It also said accreditation concerns tied to faculty shortages and off-site teaching had been addressed by bringing students back to the main campus and improving staffing. The committee ended by thanking the presenters and announcing its next meeting date.

Transcript Highlights:

• overinvest in their utility assets. overinvest in their utility assets.
• a bill coming up to deal with asset a bill coming up to deal with asset condition<01:15:07.920><
• , asset condition projects However, asset condition projects essentially<02:36:16.080> have<02
• assets. These are regulated by the fk. assets. These are regulated by the fk.
• manage volatility would optimize assets manage volatility would optimize assets um<02:47:46.960>

Keywords: 1191, senate, all

Transcript Highlights:

• misuse of these particular state assets. misuse of these particular state assets.
• community assets. community assets.
• So many counties do have asset So many counties do have asset preservation<00:19:37.720> and<
• This talking about asset preservation.
• And so it costs money to own an asset.

Keywords: 1187, senate, all

Transcript Highlights:

• , were good stewards of that asset, passed on an asset that was in good shape and in complete regulatory
• A car is an asset, right? So, a used car is worth less than a new car.
• That asset.
• Companies, you know, they have the assets to do these.
• What we're talking about is the liability, not the asset. Thank you, Mr. Chair.

Transcript Highlights:

• The bill authorizes funds previously provided for the distributed energy backup assets program to be
• from $130,000 for an individual and $195,000 on the asset test to $21,000 and $31,000.
• We look forward to critical steps to address. ...including Medi-Cal asset tests, dental, and IHSS.
• Also appreciate that the reduction of the Medi-Cal asset test to such an unrealistically low level was
• rejected, as the Legislature is exploring alternatives in the future in terms of the asset limit so

Keywords: 988, house, all

Transcript Highlights:

• The individual project is we have a process that established and we have assets... >> Before we go to
• And then it says accounting for assets in a new area that has not been developed.
• What is the process for figuring out the accounting for the assets?
• their own assets, require more coordination in new areas.
• And then it says accounting for assets in a new area that has not been developed.

Bills: HF4807

Keywords: overweight vehicles, aggregate mining, local ordinance restrictions, legislative audit, transportation, resource inventory

Transcript Highlights:

• The Asset Management Bureau has four areas.
• We're also responsible for the Transportation Asset Management Plan.
• That Agile Assets put out, Trimble bought Agile Assets and they will probably be depreciating the system
• So ancillary assets would.
• And we hope to do that ancillary asset collection every two years.

Transcript Highlights:

• customers receive quarterly reports showing their assets and any liabilities owed to them, restoring
• In these sections, ...language that requires digital asset managers to ensure that their asset assertion
• Texas wants to make this state a home for these types of services and asset managers, and providing a
• Texas, as we all know, should be the jurisdiction of choice for the digital assets of the future.
• and digital assets.

Bills: HB111

Keywords: 1185, senate, all

Transcript Highlights:

• <01:15:37.239> there there's a lot of different assets there there's a lot of different assets
• got stable token and real world asset got stable token and real world asset regulations<03:32:56.120
• happen in the future that digital assets happen in the future that digital assets cuz<03:47:50.319
• > a<03:47:56.199> good have digital assets now we have a good have digital assets now we
• changed their mood about digital assets changed their mood about digital assets that<03:48:39.920

Keywords: 928, house, all

Summary: The subcommittee first dealt with a brew pub license bill and corrected some sponsor/subcommittee roster confusion before voting to pass it without discussion. The main item of debate was a bill allowing patrons to take purchased alcoholic beverages into restrooms. The bill sponsor argued the current ban is outdated, rarely enforced, and can leave patrons vulnerable if they set drinks down and leave them unattended; he said establishments could still post their own rules if they wished. Liquor enforcement officials said they were neutral overall, noting both the risk of drinks being left unattended and the practical concerns of underage drinking, over-service, and restroom monitoring. Testimony split between those who saw the law as a non-issue and those who viewed it as a safety measure. One member said he had never seen anyone take alcohol into a restroom and opposed changing the law, while others cited drink-spiking concerns and suggested alternatives such as safe zones behind bars, drink covers, and alert apps. Industry representatives said many operators would prefer to keep the law as-is because it helps with policing drinking in their establishments, though they acknowledged the motivation behind the bill. Several members also raised drafting concerns, saying the wording was confusing about whether the rule applied to patrons or establishments. The committee ultimately voted 5-2 to recommend the bill ought to pass. Afterward, members discussed amending the language to clarify that establishments could still prohibit the practice, but one member suggested a simpler fix would be to strike the word “restroom” from the prohibition entirely. The committee then unanimously voted to reconsider its action so the language could be revised later, and the amendment discussion was left for a future meeting.

Transcript Highlights:

• capital formation and retail investment opportunities, and provide long overdue clarity for digital assets
• Since 2017, I've led industry efforts to develop best practices for the digital asset industry.
• I've seen how ambiguous and non-existent regulation of digital assets create uncertainty in the market
• My time in the private sector advising firms on regulation and risk management will also be an asset
• In fact, the SEC just approved a exchange-traded fund containing private credit assets, so there is a

Keywords: financial regulations, SEC, Comptroller of the Currency, Federal Transit Administration, nominees, Empowering Main Street in America Act, capital formation, economic growth

Summary: The committee meeting focused on several nominees within key financial institutions, including discussions surrounding the SEC, the Federal Transit Administration, and the Comptroller of the Currency. Notable dialogue included concerns over regulatory balance, with various members emphasizing a need to streamline regulations to foster innovation while ensuring accountability and safety for investors. The importance of the proposed 'Empowering Main Street in America Act' was highlighted as a means to facilitate access to capital for small businesses, underlining the current administration's approach towards financial regulations.

Transcript Highlights:

• members um we do have an asset members um we do have an asset preservation<00:12:29.440> requests
• requesting some critical asset requesting some critical asset preservation<00:12:43.519> as
• <00:19:26.159> into revolving Loan Fund assets into revolving Loan Fund assets into perpetuity
• that we have in this current asset that we have in this current asset preservation<01:58:44.520>
• these buildings in this asset these buildings in this asset preservation<02:05:28.480> list

Keywords: 1187, senate, all

Transcript Highlights:

• I think currently the state has approximately 5 aviation assets.
• in that is when he came in and using an executive order to get rid of some of the state aviation assets
• Aviation assets that may have been a little bit premature, and because it puts a bind on the governor
• I believe that the state of Oklahoma does have aviation assets.
• Across multiple agencies, I think the one you're specifically referring to is the airplane asset that

Bills: SB1177, SB1177

Keywords: education funding, mental health services, public safety, housing, state budget, 914, all

Transcript Highlights:

• :34:54.800> over asset preservation list includes over asset preservation list includes over 150
• c><00:35:30.640> remain reason, asset preservation must remain reason, asset preservation must
• All capital assets are comprised of a number of components that create the whole asset: major mechanical
• All capital assets are buildings.
• shows a history of the asset shows a history of the asset preservation<00:53:47.280> for<

Keywords: 1183, house

Transcript Highlights:

• The with assets of less than $35,000.
• The asset limit would increase from $35,000 to $60,900, encompassing assets like bank accounts, IRA stocks
• elderly residents with very few assets elderly residents with very few assets with<01:00:18.240>
• So that um that that net assets.
• with the increased income and asset with the increased income and asset amounts.<01:11:46.080>

Keywords: 1191, senate, all

Transcript Highlights:

• preservation, $2.25 million for Perpich Center for Arts Education asset preservation, $2.25 million
• National Sports Center asset preservation. $7 million for Mighty Ducks grant program. $1 million for
• Now on page four under Department of Corrections Asset Preservation, $65 million on line 210 for Rush
• Now on page four under Department of Corrections Asset Preservation, $65 million on line 210 for Rush
• to capital assets owned by the<01:14:14.400> state.

Keywords: 1187, senate, all

Transcript Highlights:

• , into things like managing your assets, into things like managing your assets, you<00:38:17.280>
• > though<00:38:25.520> are Ultimately, assets and rates though are Ultimately, assets and
• > asset<01:04:56.799> management<01:04:57.280> program develop an asset management
• Um, asset management and capital there.
• They want to consolidate their assets.

Keywords: 958, all

Summary: The meeting began with roll call, adoption of the minutes, and brief remarks, including birthday recognition for Representative Maseroni and a moment of reflection for a soldier who died during training at Fort Knox. The committee then heard a presentation from Tony Hatton, commissioner of the Department for Environmental Protection and acting director of the Kentucky Division of Water, with Amanda Lefer, deputy commissioner, on the state’s water and wastewater programs and planning. Hatton described Kentucky’s water resources and the Division of Water’s responsibilities, including watershed and nonpoint source work, KPDES discharge permitting, PFAS response, engineering review of water infrastructure, inspections, public outreach, and sampling. He said Kentucky has 428 public water systems, 263 water treatment plants, about 1.9 million service connections, and nearly 97% of the population has access to municipally treated water. He also noted that the state has 43 systems receiving awards for EPA areawide optimization and emphasized operator training, regionalization, and use of GIS mapping and Kentucky Infrastructure Authority data to support planning and funding decisions. Members raised concerns about aging infrastructure, water loss, staffing shortages, and wastewater problems in local systems. Representative Blandon described severe failures in a city system, including major water loss and sewer backups, and asked whether the state could intervene; Hatton said the division inspects treatment facilities and provides compliance assistance but is not authorized to manage delivery systems, though third-party help and emergency funding can be used in some cases. Senator Smith and others shared similar experiences with line loss and system failures, while Hatton pointed to regionalization and funding support as the main tools available. The discussion also highlighted PFAS as an emerging issue, with Hatton saying the department is working with systems to meet anticipated federal requirements by 2029.

Transcript Highlights:

• There are asset minimums in this, as you'll see here in the bill, to be precise: a minimum net worth
• customers receive quarterly reports showing their assets and any liabilities owed to them, restoring
• Texas, as we all know, should be the jurisdiction of choice for the digital assets of the future.
• Well, you're really trying to support the digital asset movement, right?
• All the move to cryptocurrency, all the digital assets and so forth.

Bills: HB111

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

Transcript Highlights:

• Funding for asset renewal programs that Funding for asset renewal programs that year's bonding bill.
• dollars that you gave us from asset dollars that you gave us from asset preservation<01:07:46.000
• third is the continued asset third is the continued asset preservation<01:08:56.240> to<01
• Lastly, ongoing is the asset Lastly, ongoing is the asset preservation<01:14:33.320> request.
• I is a true asset the up today.

Keywords: 1187, senate, all

Transcript Highlights:

• And we will have to go after specific businesses based on our assets.
• I do think our work, our career tax system, is a huge asset for us.
• Do we have a strategic asset map by chance?
• We also rely on our local partners to supply us information on those assets.
• I think we do have the basic asset map.

Keywords: 914, all

Transcript Highlights:

• appropriately account for crypto assets. appropriately account for crypto assets.
• Speaker, I yield back. neededed clarity on digital asset neededed clarity on digital asset regulation
• Innovation depends on clear, assets.
• I leader in digital asset innovation.
• :53.840> some<03:24:54.160> future digital assets are not some future digital assets are

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, July 15, 2025, 1012, house, all