Transcript Highlights:

• So this is about alleviating working-class families, trying to create more liquidity in the market, and
• I respectfully ask for an aye vote when the time comes on a bill to try to increase liquidity and incentivize

Committee: House Revenue and Taxation

Keywords: 988, house, all

Transcript Highlights:

• those funds, if you will, is September 30 of this year, and then the last day to pay invoices or liquidate
• Invoices or liquidate those funds would be December 31 of this year.

Transcript Highlights:

• And again, it's always important to know, 600 cubic feet of natural gas makes 1 liquid cubic foot of
• That's a lot of conversion for gas' product into liquid product.

Bills: HB 535 , HB 2120 , HB 2822 , HB 3243 , HB 3457 , HB 3544 , HB 4089 , HB 4192 , HB 4669 , HB 4868 , HB 4955 , HB 5253 , HB 5669 , SB 1371 , SB 1919 , SB 2001

Committee: House Transportation

Keywords: motor vehicle, pedestrian, bicycle, traffic safety, municipality, criminal offense, pedestrian safety, traffic regulations, municipal law, bicycle regulations, motor vehicle passing, traffic law, municipalities, bicycle operation, traffic laws, municipal regulations, port commission, Corpus Christi, Nueces County, San Patricio County

Transcript Highlights:

• And again, it's always important to know that 600 cubic feet of natural gas makes one liquid cubic foot
• That's a lot of conversion for gas products into liquid products, serving that environment.

Bills: HB535 , HB2120 , HB2822 , HB3243 , HB3457 , HB3544 , HB4089 , HB4192 , HB4669 , HB4868 , HB4955 , HB5253 , HB5669 , SB1371 , SB1919 , SB2001

Committee: House Transportation

Keywords: motor vehicle, pedestrian, bicycle, traffic safety, municipality, criminal offense, pedestrian safety, traffic regulations, municipal law, bicycle regulations, motor vehicle passing, traffic law, municipalities, bicycle operation, traffic laws, municipal regulations, port commission, Corpus Christi, Nueces County, San Patricio County

Transcript Highlights:

• gives us the advantage of saying you can, we could have some money set aside and be ready, have that liquidity
• Uh, that gives us the liquidity that we need for $500 million.

Committee: House Insurance

Transcript Highlights:

• However, 91% of all the water, so vapor, liquid, and ice that traverses the continental United States
• Cloud seeding takes existing clouds with lots of liquid water in them and induces precipitation based

Committee: Senate Appropriations Committee on Agriculture, Environment, and General Government

Summary: The committee considered and reported favorably several bills, most of them sponsored by Senator Rodriguez. CS/SB 164 on vessel accountability was presented as a measure to help law enforcement identify vessel owners, create a free long-term anchoring permit program, increase penalties for derelict vessel violations, and authorize grants for local governments in FWC’s prevention program; it passed without amendment. SB 388, dealing with FWC trust funds, was also reported favorably after Senator Berman asked whether non-game wildlife funds would support immigration enforcement; Senator Rodriguez said they would not. CS/SB 1320 was amended to recreate the Resilient Florida Trust Fund and then passed favorably. CS/CS/SB 344 modernizing the Telecommunications Access System was amended to define new terms and reduce the maximum surcharge from 25 cents to 15 cents, then reported favorably. CS/SB 86 on peer support for first responders expanded eligibility to support personnel and passed with broad support from law enforcement and related groups. The committee also took up CS/CS/SB 92, a hit-and-run accountability bill by Senator Gruters. The adopted amendment added a front license plate requirement, lowered the damage threshold from $5,000 to $2,500, and retained reporting requirements for repair shops. NFIB testified in opposition to parts of the bill, citing concerns about the lower threshold, short reporting deadlines, and potential license revocation, while supporters argued the bill would improve accountability and help solve hit-and-run cases. The bill was reported favorably after debate. The final and most contentious measure was CS/SB 56 by Senator Garcia, which would prohibit geoengineering and weather modification activities in Florida, repeal older weather-modification statutes, create a public reporting system at DEP, and impose penalties for violations. Supporters, including individuals identifying with weather-watch and anti-geoengineering concerns, argued that the bill would address public fears and environmental risks. A cloud-seeding company representative testified that cloud seeding is distinct from solar radiation management and said permitting should exist for responsible weather modification, while warning the bill could hinder beneficial precipitation enhancement. Despite skepticism from some members about the bill’s premise and scope, the committee reported it favorably. The meeting then concluded after members recorded missed votes and the committee adjourned.

Transcript Highlights:

• basically, the Reddit really is is a summer concert that we had before the financial consequences, liquidated
• before the financial consequences, liquidated damages for failing to meet your negotiated targets.

Keywords: 999, senate, all

Transcript Highlights:

• You have a real savings account with liquid cash in it, and you'll have a real rainy day fund that if

Summary: The committee heard a final wrap-up presentation from Director So Lee on the Legislative Finance Committee’s budget framework for the upcoming session. He said the state remains in a strong fiscal position, though revenue estimates are lower than earlier projections and available nonrecurring funds have declined by more than $1 billion from the prior session. He emphasized that the recommendation still preserves reserves above 30 percent and supports targeted investments in the committee’s three priorities: increasing per capita earned income through education and workforce development, improving access to high-quality health care and behavioral health, and enhancing quality of life through infrastructure, water, parks, trails, and other community amenities. Director Lee highlighted several major funding areas, including a proposed expansion of the UNM medical education program, water projects, capital outlay for state agency assets, and use of a mix of severance tax bonds, general obligation bonds, and cash for capital needs. He also noted continued pressure from health insurance, liability, and compensation costs, and said the committee would keep using pilot programs for new initiatives. Members broadly praised the staff, interim travel, and budget analysis work. During member comments, Senator Woods focused on school funding stability, liability costs, and fraud or waste in state agencies, arguing the state should take more claims to court to establish precedent and better protect taxpayers. Other members thanked staff and leadership for their work and collaboration. The committee then adopted the catch-up cleanup items and the overall LFC budget framework, with Senator Woods recorded in opposition, and created a technical committee with members from both chambers to resolve any final technical issues before the January session.

Transcript Highlights:

• That's the most liquid reserve that we have. I'm really pleased, Mr.
• That gives very liquid reserves that can be used to fill what gaps might come up, and it does not require
• makes that sort of operating reserve it puts it in jeopardy, puts it in danger, and that's the most liquid
• know that that really sustains us through whatever may come in an uncertain future that gives very liquid
• Speaker, gentlemen, this is probably at least 2% above what our reserves in real liquid reserves were

Bills: HB95 , HB111 , HJR1 , HM7 , HM17 , HM4 , HM22 , HM3 , HM11 , HM14 , HM15 , HM21 , HM34 , HB2 , HB32 , HB33 , HB61 , HJM2 , HM23 , HM24 , HM26

Keywords: HB95, additional judgeship, district court, judicial district, First Judicial District, Second Judicial District, district judges, court administration, judicial staffing, caseload, access to justice, New Mexico courts, judiciary, judge vacancy, court backlog, state courts, water law, state engineer, civil penalty, compliance order

Summary: The House convened with quorum, offered an invocation and pledges, and then moved through a series of memorials, recognitions, and announcements. House Memorial 49, declaring February 4, 2026 UNM Day, was taken from the Speaker’s table, explained, and debated at length. Members from both parties and several guests praised the University of New Mexico for its role in education, health care, research, public service, and workforce development, with special recognition of President Garnett Stokes, interim provost Barbara Rodriguez, and Health Sciences leaders and students. The memorial highlighted UNM’s enrollment, degrees awarded, scholarship support, patent activity, and the UNM Hospital and Health Sciences Center. It passed 70-0. House Memorial 48, declaring February 4, 2026 Valencia County Day, was also brought forward and passed unanimously. Supporters described Valencia County’s history, culture, economic growth, and traditions, including the annual matanza, Route 66 heritage, and major employers and development projects. Members from the county and local officials were recognized, and the memorial emphasized both historic communities and current business and infrastructure expansion. House Memorial 50, declaring Lincoln County Day, was introduced by title and placed on the Speaker’s table, but not taken up for final passage during this segment. The chamber also recognized the Artesia Bulldogs football team for winning another state championship, Del Norte High School’s class of 1966 on its 60th anniversary, and a number of guests tied to nursing, education, and local community service. Several members used announcements to highlight nurses, school programs, and local events, including a Legislative Sportsman’s Caucus invitation and a reminder that the day was the final day to file bills with the clerk. The session closed with continued announcements and guest introductions, reflecting a day focused heavily on community recognition and celebratory memorials rather than substantive legislation beyond the memorial votes.

Transcript Highlights:

• So, in this industry, there's a significant amount of shortage of liquidity for deals like this. and
• other normal features of a for-profit company, that's another layer of pressure on availability of liquidity
• of pressure on another layer of pressure on availability<00:34:38.720><c> of</c><00:34:39.040><c> liquidity
• </c><00:34:39.520><c> and</c><00:34:39.919><c> financing</c> availability of liquidity and financing
• availability of liquidity and financing and<00:34:41.200><c> interest</c><00:34:41.520><c> rates.

Committee: Senate Judiciary

Keywords: 1191, senate, all

Transcript Highlights:

• The new language provides for group capital and liquidity stress testing for insurance plans and holding
• you for including a must-pass item for us, which is the NIC model legislation on group capital and liquidity
• model legislation on group<00:19:37.280><c> capital</c><00:19:37.600><c> and</c><00:19:37.919><c> liquidity
• </c><00:19:38.799><c> stress</c> group capital and liquidity stress group capital and liquidity stress

Committee: Senate Commerce and Consumer Protection

Keywords: 1187, senate, all

Transcript Highlights:

• an important strategy for reducing emissions, aviation remains a sector that currently relies on liquid
• an important strategy for reducing emissions, aviation remains a sector that currently relies on liquid
• With designs that prevent the refilling of vape liquid and the recharging of lithium-ion batteries, these

Committee: Senate Environmental Quality

Keywords: 987, senate, all

Transcript Highlights:

• have their money tied up in business interests so that they're able to make claims and have the liquidity
• have their money tied up in business interests so that they're able to make claims, to have the liquidity
• to make payments on these claims by limiting some of their specials. ...make claims, to have the liquidity

Bills: HR188 , HR189 , HR190 , HR191 , HR179 , HR180 , HR181 , HR182 , HR183 , HR185 , HR186 , HR187 , HCR75 , HCR76 , HCR77 , HCR78 , HCR79 , SCR24 , SCR36 , SCR39 , SB64 , SB107 , SB152 , SB185 , SB217 , SB232 , SB278 , SB290 , SB294 , SB320 , SB321 , SB419 , SB424 , SB436 , SB440 , SB468 , SB470 , SB476 , SB482 , SB489 , HCR32 , SCR11 , HB12 , HB42 , HB205 , HB222 , HB267 , HB324 , HB325 , HB350 , HB478 , HB610 , HB617 , HB679 , HB745 , HB749 , HB797 , HB807 , HB821 , HB896 , HB979 , HB992 , HB1000 , HB1024 , HB1050 , HB1166 , HB1172 , HB1173 , HB1193 , HB1207 , HB1218 , HB1223 , SB256 , SB180 , HR1 , HR17 , HCR5 , HCR4 , HCR47 , HB59 , HB74 , HB159 , HB330 , HB364 , HB414 , HB458 , HB525 , HB568 , HB786 , HB1008 , HB1033 , HB1034 , HB1041 , HB1062 , HB1070 , HB1079 , HB1112 , HB1118 , HB1139 , HB1151 , HB1176 , HB1182 , HB1196 , HB1214 , HB1241 , HB87 , HB115 , HB162 , HB368 , HB433 , HB441 , HB447 , HB466 , HB481 , HB741 , HB1242 , HB362 , HB893 , HB990 , HB1007 , HB1153 , HB1243 , SB162 , SB349 , SB350 , SB382 , SB383 , SB127 , SB244 , HB615 , HB864 , HB1103 , HB1175 , HB31 , HB225 , HB608 , HB664 , HB897 , HB977 , HB1003 , HB1160 , HB1180 , HB911 , HB306 , HB366 , HB1161 , HB1230 , HB181 , HB901 , HR20 , HR74 , HB284 , HB393 , HB459 , HB577 , HB582 , HB605 , HB614 , HB682 , HB733 , HB772 , HB773 , HB996 , HB1035 , HB1058 , HB1082 , HB1113 , HB1189 , HB1234 , HB1240

Keywords: hunting dogs, field trials, working dogs, dog training, greyhound protection, Farm Bill, federal overreach, sportsmen, sportswomen, wildlife management, conservation, rural communities, Louisiana hunting, hunting tradition, animal welfare, dog breeders, dog owners, outdoor recreation, Kathy Taylor, musical achievements

Transcript Highlights:

• One is the extension of liquidation of $430,000 for the Early Psychosis Intervention Plus program.
• The second reappropriation proposal is to do a two-year extension for the liquidation of $7,768,000 for
• The second reappropriation proposal is to do a two-year extension for the liquidation of $7,768,000 for

Summary: The Assembly Budget Subcommittee on Health held an informational hearing on the Governor’s May Revision, focusing first on the Commission on Behavioral Health, then EMSA, and then the California Department of Public Health (CDPH). The Department of Finance said the state faces a third consecutive deficit and that the May Revision includes difficult trade-offs, including proposed eliminations or reversions of some behavioral health and public health funds. The LAO echoed concern about the structural deficit and said it was still awaiting some budget details before offering a full analysis. For the Commission on Behavioral Health, Finance proposed eliminating $20 million in Mental Health Wellness Act funds, arguing the money would help offset General Fund costs and noting future Proposition 1 innovation funding. The commission strongly opposed the cut, saying it would eliminate or delay launch-ready grants for early childhood supports, full-service partnerships, and peer respite, and would eventually end ongoing grant programming. Several advocates and commissioners testified that the funds support underserved communities and that Proposition 1 is not a substitute for the existing programs. The chair asked Finance to look for alternatives, but no vote was taken. EMSA presented mostly technical budget adjustments: increased authority for the California Poison Control System, a correction to EMSIS funding, and a reappropriation for enterprise services and data management. CDPH then reviewed a broader set of May Revision proposals, including reversions from the California Reducing Disparities Project, workforce development, STD prevention, hepatitis C prevention, hospice, and extreme heat funding, as well as a new generative AI pilot for health facility survey reporting. Members raised concerns about cuts to CRDP and gender health equity programs, especially because many grants are mid-contract and serve underserved communities; CDPH said the reversions were part of solving the deficit and that CRDP had been successful, while also clarifying that abortion.ca.gov would not be eliminated. Public comment was overwhelmingly opposed to the CRDP and related cuts, with many speakers describing the programs as life-saving and cost-effective. No formal votes or actions were taken during the hearing.

Transcript Highlights:

• This bill is now the original bill that came over to us for tobacco and e-liquid products, with the inclusion

Keywords: 964, all

Transcript Highlights:

• Members, property and casualty insurance companies sometimes become insolvent and are ordered to be liquidated

Keywords: 920, all

Summary: The meeting included a Senate recognition ceremony honoring the Winona High School boys basketball team for winning the 2026 Alabama High School Athletic Association 5A state championship. A resolution was read commending the team for its 101-40 victory over Silicag, noting the team’s record-setting performance, Brendan Davis’s MVP honor, the contributions of other players, and Coach Cedric Lane’s leadership. Senators and the lieutenant governor praised the players’ sportsmanship, the school community, and the team’s historic season, and copies of the resolution were presented to the team, coaches, and administrators. Several guests and school representatives also spoke briefly, including the coach and principal, who thanked the Senate and noted the team’s success and the principal’s retirement after 35 years. After the recognition, the Senate returned to session and adopted the Committee on Rules report setting the special order calendar. The calendar included Senate Bill 99 on the Ten Commandments, Senate Bill 298 on Class 3 municipalities, House Bill 381 on camp safety, Senate Bill 370 on tax increment districts, Senate Bill 363 on the Department of Economic and Community Affairs, House Bill 466 on firefighters, House Bill 95 on elections, House Bill 259 on stablecoin, and Senate Bill 342 on education. The chamber then took up SB 99, sponsored by Senators Kelly and Sessions. Senator Kelly described the bill as requiring local school boards to display the Ten Commandments, together with founding documents such as the Declaration of Independence, Constitution, Bill of Rights, and Alabama Constitution preamble, in certain history classrooms and common areas for grades five through 12, using donated displays and funds when available. He said the bill was intended as a historical and educational measure, not religious instruction, and emphasized the inclusion of a disclaimer stating Alabama is not establishing a religion. After extended debate and a petition to close debate from the Rules Committee, the Senate voted on the bill by long roll and passed SB 99, with the recorded vote announced as 30 yeas and 4 nays.

Transcript Highlights:

• So the only people who are currently operating right now are either very lucky or they already had liquid
• either very lucky or they already<00:36:13.280><c> were</c><00:36:13.520><c> had</c><00:36:13.760><c> liquid
• ><00:36:14.240><c> capital</c><00:36:14.560><c> to</c><00:36:14.800><c> work</c> already were had liquid
• capital to work already were had liquid capital to work with.<00:36:16.240><c> So</c><00:36:16.560><

Keywords: 1183, house

Transcript Highlights:

• We need something that's a liquid fuel that we can drop into fuel tanks, just like we do with... ...current
• We've got incentives that are kind of pushing liquid fuels into the heavy duty sector and away from the
• we might have e-fuels where we have super cheap electricity, where we can manufacture hydrocarbon liquid
• we might have e-fuels where we have super cheap electricity, where we can manufacture hydrocarbon liquid

Summary: The meeting began with a budget subcommittee hearing on a proposed sustainable aviation fuel (SAF) tax credit trailer bill. Assembly Members Ávila Farías and another member spoke in support, emphasizing union jobs, refinery investments, and the need to decarbonize aviation. The Department of Finance said the Governor’s proposal would provide a $1 to $2 per gallon credit against the diesel excise tax for SAF sold in California from 2026 to 2036. The Legislative Analyst’s Office recommended rejecting the proposal, arguing it is a relatively expensive way to reduce emissions, has uncertain environmental benefits, could significantly reduce transportation revenues, and conflicts with the spirit of voter restrictions on transportation taxes. Committee members questioned whether the credit would mainly benefit out-of-state producers, whether firms would have diesel tax liability to use the credit, and whether the proposal would shift production away from renewable diesel and raise fuel prices. Administration and CARB staff said the credit is intended to support aviation decarbonization, preserve jobs, and help keep California on track toward its 2045 climate goals. LAO and UC Berkeley testimony countered that the policy could mostly subsidize existing technologies, that feedstock supply is limited, and that the net emissions benefit may be small relative to the cost. Members also asked about the effect on local streets and roads, SHOP, and trade corridor funding; Finance estimated a $165 million annual revenue impact would reduce those programs, while LAO said the reductions would mean fewer projects over time. No vote was taken, and the chair said the issue would remain open for further discussion. The committee then moved to a zero-emission vehicle incentive trailer bill proposing a one-time $200 million appropriation to CARB for a new point-of-sale incentive program focused on first-time buyers and leases of new and used light-duty ZEVs. Supporters said the program would help offset the loss of the federal EV tax credit, maintain momentum in California’s ZEV transition, and use a one-to-one match with participating automakers to double the state’s investment. LAO recommended rejection, saying the proposal does not meet the high budget bar this year, lacks enough program detail to evaluate, is unlikely to move sales significantly given the size of the appropriation, and could duplicate existing state and utility programs. Members asked about current incentives across light-, medium-, and heavy-duty sectors, the recent decline in ZEV sales, and whether the program would help lower-income buyers rather than subsidize purchases that would have happened anyway. CARB said the proposal is meant to fill a gap in the light-duty market, where sales fell sharply after the federal credit expired, and noted existing programs for other vehicle classes. The Department of Finance also addressed a separate question about the Motor Vehicle Account, saying a previously planned GGRF transfer was no longer needed because updated forecasts showed the fund had sufficient balances, though LAO said the account still has a structural long-term imbalance. The discussion ended before any vote or action on the ZEV proposal.

Transcript Highlights:

• just one of those things where it's a without FDIC insurance, all deposits must be backed 100% by liquid
• must be backed insurance all deposits must be backed 100%<00:29:02.159><c> by</c><00:29:02.399><c> liquid
• 03.520><c> Uh</c><00:29:03.840><c> the</c><00:29:04.240><c> laws</c><00:29:04.559><c> that</c> 100% by liquid
• Uh the laws that 100% by liquid assets.

Bills: HB0116 , HB0056

Committee: House Minerals, Business & Economic Development

Keywords: water rights, beneficial use, industrial production, hydrogen, applications, public welfare, carbon capture, energy standards, public utilities, environmental regulation, state law, 916, all