Video & Transcript Research : 'directed trust'
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NM
Transcript Highlights:
- Senate Bill 1 is the Behavioral Health Trust Fund.
- Creating a trust addresses that issue.
- To have a behavioral health trust fund.
- Which is the trust fund, follows the same practices that we have for the Early Childhood Trust and the
- Higher Ed Trust.
FL
Transcript Highlights:
- I wanted to first talk about the trust fund.
- Would you anticipate that they could also come to this trust fund or whatever, no longer trust fund,
- or whatever, no longer trust fund, but they, they, um, Could also come to this trust fund or whatever
- And I trust, respect, admire all of you.
- And, you know, whether we eliminated the trust fund, and I didn't like the whole idea of the trust fund
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-02-20 (9:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- So can you explain to us where we are on the Emergency Management Trust Fund?
- Trust Fund. Chair, does it say, will you recognize? Thank you, Mr. President. Yes, you're correct.
- We are funding $4 million for a new direct-buy program.
- and arbitration trust fund.
- There is no current balance in the trust fund, and that is the bill, members. Other amendments?
Summary:
The Senate took up the 2026-2027 budget and related implementing bills. Appropriations Chair Hooper presented a $115 billion General Appropriations Bill, saying it reduces overall spending from the prior year, preserves reserves, and includes a 3% raise for state employees and 5% raises for state law enforcement, firefighters, correctional officers, and park rangers. Committee chairs then outlined major budget areas, including K-12 education, higher education, health and human services, criminal and civil justice, transportation/tourism/economic development, and environmental/agricultural agencies. Highlights included increased funding for school safety, teacher and scholarship funding, workforce education, Medicaid and kid care, corrections operations, judgeships, affordable housing, hurricane recovery, Everglades and water quality projects, and arts and cultural grants.
Members asked detailed questions about several items. Senators discussed the Emergency Management Trust Fund, cultural arts grant allocations, Florida Forever land acquisition versus conservation easements, teacher salary support, charter school capital outlay funding, Bright Futures and EASE funding, New College funding, DOC deficits and inmate health care/food service costs, the ADAP HIV drug program, Medicaid reductions for non-critical access hospitals, and the use of opioid settlement and COVID relief funds. Chairs explained that some apparent reductions reflected shifts below the line or reclassification, that the ADAP appropriation would only cover about six months, and that some vacant positions were being removed as part of a right-sizing effort. Questions also covered lottery staffing, concealed weapons permit processing, elections security funding, and arts grant selection and proviso language.
The Senate then substituted House bills for the Senate budget and implementing measures, amended them into the Senate posture, and passed them. HB 5001 (the appropriations bill), HB 503 (implementing bill), HB 5201 (collective bargaining), and HB 5205 (retirement) all passed 36-0 and were sent to conference. Other budget-related bills also passed, including SB 2506 on fuel taxes, SB 2508 on the state agency law enforcement radio system surcharge, SB 2510 on court trust funds, SB 2512 creating 13 circuit and 12 county judgeships, SB 2514 on K-12 education, SB 2516 on higher education, and SB 2518 on health. Most of these passed unanimously, with the Senate requesting the House either pass the Senate versions or include them in budget conference.
FL
Florida 2026 Regular Session
FL House Floor Session - 2025-04-09 (1:00PM Session)
Florida House Floor Meeting
Transcript Highlights:
- The base floor for our trust fund?
- So then it does not touch the Sadowski housing trust fund floor at all.
- The base floor our trust fund? Rep. Representative Schofe.
- Can you clarify which specific trust fund, Can you clarify which specific trust funds in amounts, the
- So I see this as an issue to be taking any money from our housing trust funds.
Summary:
The House convened with prayer, the Pledge of Allegiance, and a quorum present, then adopted the special order report and moved into a series of budget-related bills. The chamber first took up HB 5011/SB 2506 on environmental resource management and natural resources funding, where Democrats argued the bill would reduce recurring support for the Resilient Florida program, the Florida Wildlife Corridor, invasive species removal, and other conservation efforts. Supporters said the change would shift money from recurring to nonrecurring funding so the Legislature could reassess priorities each year and rely more on private-sector stewardship. After a strike-all amendment and conference posture change, SB 2506 passed 97-12. HB 5013, reducing state-funded property reinsurance reserves, passed 108-0, and HB 5501, redirecting documentary stamp tax distributions from housing and transportation trust funds into general revenue, passed 82-26 after extended debate over its impact on affordable housing and transportation funding.
The House also passed HB 5015 on state group insurance, which requires DMS to develop a formulary management system and was described as producing significant savings; members raised concerns about prescription access and implementation, but the bill passed 109-0. HB 5201 on state financial accounting and HB 5203 on the Capitol Center both passed unanimously, as did HB 5009, which creates a Florida Accountability Office and reorganizes audit functions. The chamber then passed HB 7031, a major sales tax reduction bill lowering the state sales tax rate and several related rates; supporters framed it as permanent relief for all Floridians, while opponents said property tax relief would be more meaningful and that the sales tax cut would also benefit tourists and out-of-state visitors. HB 7031 passed 112-0.
The House then began consideration of HB 501, the proposed fiscal year 2025-26 budget, totaling $112.9 billion and emphasizing reduced recurring spending and large reserves. Subcommittee chairs outlined their budget silos: K-12 education at $20.6 billion with teacher raises, school hardening, literacy, transportation stipends, and security funding for Jewish day schools; health care at $47 billion with full Medicaid and KidCare funding, opioid settlement spending, mental health beds, and senior services; transportation/economic development at $18.5 billion; agriculture and natural resources at $5.8 billion with reduced Everglades spending but continued water, resiliency, and land management funding; higher education at $8.7 billion; state administration at $2.9 billion; justice at $7.3 billion; and IT at $529 million for Florida PALM, FX, and other systems. Members then began questioning the K-12 budget, focusing on FEFP funding, proration, voucher growth, stabilization dollars, mental health and school safety funding, and whether districts would be held harmless under the proposed allocations.
FL
Transcript Highlights:
- the scheduled termination of the trust fund, and that is the bill.
- and Arbitration Trust Fund.
- Trust Fund and eliminated all statutory references to the Mediation and Arbitration Trust Fund.
- And this is a step in the right direction.
- I think this is a wonderful step in the right direction.
Summary:
The Appropriations Committee heard presentations on the Senate’s proposed 2025-2026 budget, SPB 25-200, totaling $117.4 billion. Chair Hooper and committee chairs highlighted major spending priorities including a 4% raise for state employees, continued health insurance contributions, investments in water quality, transportation, education infrastructure, and workforce development, along with reductions tied to long-vacant positions. Education funding was a major focus, with increases for K-12 public schools and scholarships, higher education workforce programs, nursing initiatives, tutoring, and university performance funding. Health and human services, criminal and civil justice, transportation/economic development, and agriculture/environment budgets were also outlined, including Medicaid, mental health, corrections staffing, affordable housing, beach restoration, citrus recovery, and water projects.
Members then questioned several budget choices, especially K-12 funding. Senators Polsky and Smith raised concerns that the Senate’s AP and dual enrollment funding changes could disadvantage public schools, while Burgess argued the budget preserves the money in the FEFP and gives districts more flexibility rather than reducing support. Questions also addressed voucher availability, school stabilization funding, and the My Safe Florida Home program. The committee adopted 171 consent amendments and three late-file amendments, then approved SPB 2500 as a committee bill. It also favorably reported implementing and conforming bills for state employees, retirement, natural resources, judgeships, K-12 education, higher education, and health and human services, along with SB 7022 on Florida Retirement System contribution rates and elected-officer DROP options, CS/SB 1320 on the Resilient Florida Trust Fund, SB 7014 ending the Mediation and Arbitration Trust Fund, SB 7028 on cancer research, CS/CS/SB 170 on nursing home quality and oversight, CS/SB 168 on mental health diversion and behavioral health data, SB 114 creating an insurance and risk management research center at FSU, and SB 180 on emergency preparedness and post-storm recovery. Most bills were reported favorably with little or no opposition, though SB 180 drew discussion about local-government authority after storms and the need to balance recovery speed with local safety and planning concerns.
FL
Florida 2026 5th Special Session
Senate in Special Session F Jun 2nd, 2026
Florida Senate Floor Meeting
Transcript Highlights:
- I always trust in you.
- Statement in either direction.
- But I can't get around the fact that we're talking about trusting our constituents, trusting the voters
- And that trust is a two-way street. They are trusting us.
- We might have a trust fund that doesn't exist, a trust fund with no dedicated revenue source, a trust
Summary:
The Senate took up Committee Substitute for Senate Joint Resolution 2F, a proposed constitutional amendment to expand homestead property tax relief, lower the assessment cap on non-homestead property from 10% to 5%, and limit county and municipal ad valorem tax revenues to specified uses. Senator Avila presented the measure as a major property tax reform intended to provide relief to homeowners and restrain local government spending, while opponents argued it would shift costs to fees, services, and state appropriations and could harm local budgets, public safety, schools, and other services. Several senators also raised concerns about the ballot language and the lack of a completed fiscal analysis.
The chamber considered and rejected multiple amendments. Senator Sharif’s income-based “circuit breaker” amendment failed, as did Senator Smith’s sunset clause amendment and Senator Berman’s amendment to rewrite the ballot statement for greater accuracy. During questioning, Avila said the revised language was meant to preserve flexibility for local governments and that future legislatures could set implementing procedures and, if necessary, prohibit certain local expenditures by general law. He also confirmed that the proposal would not affect refinancing or portability, and said the measure would not prevent local governments from continuing to fund many services such as libraries, parks, animal control, code enforcement, mosquito control, public housing, county health departments, and elections.
Debate on final passage was extensive. Supporters described the proposal as overdue relief for homeowners and a way to force local governments to prioritize spending, while critics called it a risky tax shift that could reduce local revenue by billions and force cuts or higher fees. Some senators emphasized concerns about public safety funding, mental health and social services, and the accuracy of the ballot summary; others argued the measure would give voters a chance to decide on property tax reform. After debate, the resolution was rolled over for third reading and the Senate continued discussion, but the transcript provided does not include a final vote on the joint resolution.
FL
Florida 2025 Regular Session
Rules Apr 1st, 2025
Transcript Highlights:
- And I think that's the direction while the who have gone in that direction and I as we as a as a as a
- of a qualified beneficiary for charitable trust.
- This a charitable trust.
- If the trust is administered in Florida, it doesn't apply to any trust.
- There is a trust we know of that's in my area, the DuPont Trust that has allowable charitable contributions
HI
Hawaii 2026 Regular Session
House Chamber - Wed May 6, 2026, 9:00AM HST - Day 57
Hawaii House Floor Meeting
Transcript Highlights:
- board-directed position, professional board-directed position, not<02:06:24.000>
a <02:06:24.320 - stewardship of the public land trust. stewardship of the public land trust.
- The Public Land Trust exists in part for the direct betterment of Native Hawaiian.
- The Public Land Trust exists in part for the direct betterment of Native Hawaiian.
- in that direction. Thank you. in that direction. Thank you.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Apr 2nd, 2025
Transcript Highlights:
- Nearly 60% of our projects provided direct benefits to dis- Nearly 60% of our projects provided direct
- A lot of land trusts are doing an amazing job as well as our RCDs and others.
- Rico Mastro Donato with the Trust for Public Land.
- , California Native Plant Society, Sonoma Land Trust, and Mojave Desert Land Trust, supporting the funding
- Defenders of Wildlife, California Native Plant Society, Sonoma Land Trust, and Mojave Desert Land Trust
Summary:
The Assembly Budget Subcommittee heard the administration’s spending plan for Proposition 4’s climate smart agriculture and biodiversity chapters, along with related trailer bill language. CDFA outlined proposed funding for existing programs such as SWEEP, Healthy Soils, Urban Agriculture, and invasive species work, plus new or phased-in programs including year-round and mobile farmers’ markets, tribal food sovereignty, and regional farm equipment sharing. The Department of Conservation described funding for the California Farmland Conservancy Program and Working Lands and Riparian Corridors Program, while the Department of Finance and LAO discussed pending allocations and generally found the overall approach reasonable, though LAO suggested the Legislature may want more statutory guidance and reporting, especially for new programs.
Members focused on implementation details, equity, and accountability. Questions covered how programs would serve vulnerable and disadvantaged communities, whether new solicitations would be reopened for previously oversubscribed grants, how outcomes are tracked, and how to structure guidance for new programs such as farm equipment sharing. The chair emphasized that the Legislature wants clearer direction on program design and noted that AB 2313 should guide implementation of the regional farm equipment sharing allocation. The committee also discussed the administration’s request to directly appropriate bond funds to departments and to exempt bond program guidelines from the Administrative Procedures Act; LAO supported the APA exemption with possible legislative guardrails for public notice and comment.
The committee then heard on the farm-to-school proposal, with CDFA requesting $24.9 million General Fund for incubator grants, technical assistance, and network support. CDFA said the program has reached nearly half of California schoolchildren and has shown strong demand and positive evaluation results. LAO supported the core program but recommended rejecting the $3 million technical assistance component as too broad and suggested the Legislature consider using Proposition 98 for some of the funding. Members debated that point, with some expressing concern about using General Fund dollars for a new discretionary request during a tight budget year.
The biodiversity and nature-based solutions chapter included funding for the Wildlife Conservation Board, state conservancies, and tribal nature-based solutions. WCB described major recent investments and proposed projects tied to 30 by 30, habitat restoration, tribal partnerships, and public access. Members raised concerns about long-term stewardship, the size of the WCB allocation, and whether the Legislature should receive more detail on how funds will be distributed. The committee also heard requests for Bolsa Chica wetlands maintenance and Rincon Island decommissioning funding from the State Lands Commission, with members questioning long-term liability, remediation costs, and the role of private oil operators. No votes were taken, and the hearing ended with public comment from stakeholders largely supporting the APA exemption, farm-to-school funding, biodiversity investments, and related conservation programs.
FL
Florida 2025 Regular Session
February 11, 2025 - 09:00 AM
Transcript Highlights:
- in incidental trust funds for land management activities.
- Trust funds for land management activities, plant pest and disease control, citrus issues.
- Funds, which is about $885,000, and Land Acquisition Trust Funds, which is $3,000.
- About $885,000 and Land Acquisition Trust Funds, which is $34,103,000.
- She gave us a direction of go diving into the budget and, you know, bringing it back.
Summary:
The Agriculture and Natural Resources Budget Subcommittee met to hear member-led presentations on agency budget requests after prior meetings with the agencies. Representative Barnaby summarized the Florida Department of Agriculture and Consumer Services’ fiscal year 2025-26 request, highlighting major funding for the Rural and Family Lands Protection Program, Florida Forest Service wildfire and land management needs, citrus disease and research efforts, a new Conner Complex facility and lab, agricultural water and BMP projects, agricultural law enforcement staffing and equipment, maintenance and vehicle needs, and federal grant-related spending. No vote was taken on the department’s request during the meeting.
Representative Bartleman presented the Department of Environmental Protection request and said the subcommittee supported it fully. The request emphasized Everglades restoration, water quality grants, springs, harmful algal bloom and red tide response, alternate water supplies, resilience and flood prevention, beach and coral reef restoration, land acquisition and state parks, and cleanup of petroleum, dry cleaning, and hazardous waste sites. Representative Alvarez asked DEP to provide a list of the most contaminated lakes, along with estimated costs, so the committee could prioritize cleanup efforts.
Representative Black summarized the Florida Fish and Wildlife Conservation Commission request, which included additional law enforcement funding in high-demand areas, oyster and reef restoration, habitat restoration, heavy equipment for land management and prescribed burning, a water survival training center, and red snapper data research. Representative Salzman then presented the Department of Citrus request, describing a lean agency budget focused on operations, PALM readiness, marketing and consumer awareness, greening-resistant plant material, and building repairs; the workgroup recommended fully funding the request. The meeting ended with members thanking the chair and staff for the more member-driven budget process, and the subcommittee adjourned without objection.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 2 on Human Services Mar 26th, 2025
Transcript Highlights:
- And to this... the right direction.
- One that is kind of a combination of family-directed and agency- or participant-directed, and agency
- Our system only works if everyone's pushing in the same direction.
- Our system only works if everyone's pushing in the same direction.
- If we implement direct support professional university, that equals pay for the direct support professionals
Summary:
The Assembly Budget Subcommittee on Human Services held a hearing on developmental services, rehabilitation, and related supports, with no votes taken. The first major topic was the Master Plan for Developmental Services. Administration officials described a year-long, community-driven process that included a steering committee, work groups, and statewide engagement sessions, and said the final draft would be released that Friday with about 170 recommendations. The Department of Developmental Services said the plan would inform future work, but did not offer a detailed implementation roadmap. The LAO said the plan contains significant policy and budget implications, may require statutory changes, and needs further analysis to turn recommendations into actionable proposals. Advocates and regional center representatives urged the Legislature and administration to avoid letting the plan sit on a shelf, called for prioritization and ongoing stakeholder oversight, and emphasized the need to address equity, workforce, service coordination, and cross-system collaboration. The chair said he wanted to work with the LAO on trailer bill language and future reporting to create a clearer path forward.
The second topic was the Office of Employment First and competitive integrated employment. Administration witnesses said California has ended subminimum wage under SB 639, but that moving people into competitive integrated employment remains a major priority. They described existing efforts such as DDS’s coordinated career pathways pilot, paid internships, job development services, benefits counseling, and DOR’s career counseling and referral services, along with pilot projects in San Diego and Orange County. The State Council on Developmental Disabilities and advocates argued that employment outcomes have remained stuck at roughly 15% and that a dedicated Employment First Office is needed to coordinate across agencies, align goals, and improve outcomes. The LAO recommended regular legislative oversight on people transitioning out of subminimum wage and asked for technical assistance on coordinated career pathways. The chair criticized the administration’s decision to effectively eliminate funding for the office, requested a detailed implementation timeline and quarterly transition reports, and said the committee would continue pressing for the office to be implemented.
The final issue was respite services, utilization trends, and access. DDS reported that in-home respite use and spending have risen sharply over several years, with about 150,000 people using respite in 2023-24 and expenditures reaching about $1 billion. Officials said access depends on families knowing the service exists, service coordinators identifying need, and having enough providers, especially in rural and linguistically diverse communities. The San Diego Regional Center said utilization generally mirrors statewide trends, but access is stronger in some areas, such as Imperial County, where families often prefer family-directed or agency-supported models that allow them to hire trusted workers. Committee members emphasized the importance of respite for family health and caregiver well-being, asked whether service coordinators are asking practical questions about sleep and stress, and discussed the need for better identification of complex behavioral and medical needs. DDS said a standardized family support tool and updated IPP process are intended to improve consistency, transparency, and person-centered assessment for respite and related services.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Safety and Homeland Security Jun 21st, 2026 at 09:00 am
Joint Committee on Public Safety and Homeland Security
Transcript Highlights:
- Public systems work best when communities trust them.
- Blurring that line damages trust and harms public safety.
- It weakens trust, and it undermines public safety for everyone.
- But perhaps most importantly, the legislation strengthens trust.
- They want institutions they can trust.
Summary:
The committee held a public hearing on several public safety bills, with testimony first on S.2681, Colby’s Law, which would establish safety standards for BMX and motocross tracks. Supporters, including the family of a child killed at a track, argued the bill is needed because some tracks lack basic protections such as barriers, emergency plans, on-site medical staff, and adequate track maintenance. A motocross track representative opposed the bill as overregulation that could impose major costs and argued existing safety efforts and voluntary safety committees are preferable. No vote was taken during the hearing.
The committee also heard testimony on S.2680, which would expand emergency preparedness requirements around aging nuclear power plants and nuclear waste sites from a 10-mile to a 50-mile radius. Supporters from Cape Cod Downwinders, Massachusetts Peace Action, physicians, and other advocates said current law is outdated and insufficient, citing risks from radioactive waste storage, limited federal oversight, and the need for broader evacuation and emergency planning. Testifiers urged the bill’s passage, and no action was taken.
A major portion of the hearing focused on the Protect Act, H.5158, dealing with limits on cooperation between state/local agencies and federal civil immigration enforcement. Sheriffs testified about how ICE detainers and notification requests work in practice, emphasizing discretion, public safety, and the difference between sentenced prisoners and pretrial detainees. Supporters from labor, education, and health care groups said immigrant communities are living in fear and asked for stronger protections, including bans on 287(g) agreements and clearer limits on ICE activity in schools, hospitals, and other sensitive locations. The hearing also included testimony on H.4697 regarding training and certification of constables and civil deputy sheriffs, with the Hampshire County sheriff saying sheriffs are already working with POST and MPTC on training standards and that the bill may be duplicative.
ND
North Dakota 2026 1st Special Session
Administrative Rules Committee Mar 12th, 2026 at 09:00 am
Transcript Highlights:
- A lot of the trust lands were given A lot of the trust lands were given through the Enabling Act of 1889
- to benefit those trust beneficiaries.
- Anybody wants to come and lease trust lands.
- Chapter 8504.01, leasing trust lands for agricultural use.
- Chapter 8504.04, encumbrance of trust land.
Summary:
The committee first approved the December 3 minutes, then heard a request from the Board of Clinical Laboratory Practice to amend its proposed rule on exempt test methods to add certain closed-system DNA/RNA tests, including rhinovirus. After testimony explaining that the board had considered late comments from BioMérieux and wanted the rule record to reflect that review, the committee agreed to a limited amendment and passed the motion unanimously.
The Department of Agriculture then outlined broad rule updates affecting dairy, eggs, poultry, pesticides, animal health, environmental mitigation, and the Egg Product Utilization Commission. The commissioner said the changes mostly clarified existing requirements, updated references, and reduced some burdens, such as easing dairy hauler training/licensing timing and clarifying out-of-state grade A milk language. Members asked about dairy industry decline, the APUC scoring system, and the rationale for the milk-hauler and out-of-state milk provisions.
The State Board of Dental Examiners presented extensive rule changes tied to recent legislation and workforce issues, including a new professional health program for dentists, expanded duties for assistants and hygienists, broader local anesthetic authority for hygienists, and fee increases to fund the program and cover administrative costs. Testimony from Dr. Edward May strongly supported the professional health program based on his own recovery experience. The committee also heard from Game and Fish on rules easing some guide/outfitter experience requirements, allowing electronic exams, and modifying boating safety equipment rules, with no public comment and no fiscal impact.
Later, Health and Human Services received approval for an extension to update tattoo/body art rules and a separate motion to repeal an obsolete nurse aide training chapter. HHS also described nursing facility rule updates, lodging sanitation revisions, and related clarifications on licensing, safety, pest control, and fire requirements. The Department of Environmental Quality received an extension for septic-system installer rules, and also presented rules for above-ground storage tanks and water/wastewater operator certification, including new fees and third-party testing options. The Industrial Commission’s oil and gas division described multiple rule changes, some withdrawn after comments, including drilling unit flexibility, site stability, wildfire authority, and streamlined transport/reporting procedures. Finally, DPI began presenting several rule packages, including school construction loan limits, school bus standards, cooperative agreements, special education rules for public charter schools, and new math curriculum and intervention requirements.
MN
Minnesota 2025-2026 Regular Session
Custodial accounts for virtual currency 3/3/26
Minnesota House Floor Meeting
Transcript Highlights:
- Can I work with someone I trust? Can I do this under Minnesota law and oversight?
- While local institutions, despite being more trusted by consumers, are sidelined.
- This bill without sacrificing trust.
- marginal step uh in the right direction marginal step uh in the right direction but<00:20:33.440
- think it's a step in the right direction think it's a step in the right direction taking<00:24:58.720
Summary:
The committee heard testimony on House File 3709, which would allow Minnesota banks and credit unions to offer custodial accounts for digital assets such as cryptocurrency. The bill authors said the measure is intended to let local financial institutions provide a regulated “digital safety deposit box” service, keeping innovation and consumer choice under Minnesota oversight rather than pushing customers to out-of-state or offshore providers. The Department of Commerce testified in support, saying it appreciates efforts to incorporate virtual currency into the regulatory framework and that the bill levels the playing field for trusted community institutions.
Members and testifiers discussed whether the bill was really about consumer protection, institutional competitiveness, or both. Supporters from the Minnesota Credit Union Network and St. Cloud Financial Credit Union said the bill helps local institutions remain relevant as customers increasingly ask for crypto services, and one testifier said the credit union had seen significant liquidity leave local communities for exchanges. They also emphasized that the accounts are custodial, not exchange services, and are not NCUA-insured; one witness noted some institutions may obtain private insurance for risks like loss of keys or hacking. A Department of Commerce witness also said the agency is working on separate legislation to address unclaimed virtual currency property.
Several members raised concerns about volatility, scams, and whether the bill simply helps banks stay relevant. In response, supporters argued that local institutions can provide a trusted point of contact and help customers avoid fraud, unlike stand-alone crypto exchanges or kiosks. The committee also discussed fees, with one witness saying the credit union’s expected charge would be percentage-based with a minimum of $5 and a maximum of $25. No vote or final action was taken in the portion provided.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of Kashyap Patel, of Nevada, to be Director of the Federal Bureau of Investigation, Department of Justice. Jan 30th, 2025 at 08:30 am
Senate Judiciary
Transcript Highlights:
- He infamously directed the FBI to spy on Dr.
- That misconduct eroded the public trust in our FBI.
- The erosion of trust, as Chairman Grassley pointed out, is Trust in the FBI is all too low today.
- Forty percent of Americans have trust in the FBI.
- The lack of trust is a significant issue.
FL
Transcript Highlights:
- So can you explain to us where we are on the Emergency Management Trust Fund?
- We are funding $4 million for a new direct-buy program.
- We are funding $4 million for a new direct-buy program.
- and arbitration trust fund.
- and arbitration trust fund.
Summary:
The Senate began with prayer and the Pledge of Allegiance, then moved into floor consideration of the 2026-2027 budget. Appropriations Chair Hooper presented Senate Bill 2500, describing a $115 billion budget that reduces overall spending from the prior year, maintains reserves, and includes a 3% pay raise for state employees and 5% raises for state law enforcement, firefighters, correctional officers, and park rangers. Committee chairs then outlined major spending in their areas, including K-12 education, higher education, health and human services, criminal and civil justice, transportation/tourism/economic development, and environmental and agricultural programs. Highlights included increased funding for school scholarships and safety, workforce and university programs, Medicaid and child welfare, corrections operations, affordable housing, rural communities, Everglades and water quality projects, and infrastructure.
Members then asked detailed questions about several budget items. Senators sought clarification on the Emergency Management Trust Fund, arts and cultural grants, Florida Forever land acquisition versus conservation easements, teacher salaries, charter school capital outlay funding, EASE grants, New College funding, DOC inmate counts and reimbursement, lottery staffing, concealed weapons licensing positions, election security funding, iBudget waiver support, ADAP funding, Medicaid hospital rate reductions, and scholarship and enrollment supplements in K-12 education. Chairs explained that some reductions reflected technical shifts or right-sizing, that some funds were being moved below the line for better tracking, and that several items—such as ADAP and corrections operations—would likely remain conference issues with the House.
After questions, the Senate substituted House bills for the budget and implementing measures and adopted amendments placing the Senate language onto the House vehicles to prepare for conference. The chamber passed the budget-related bills and several conforming measures, including bills on retirement, fuel taxes, the state agency law enforcement radio system, court trust funds, judgeships, and K-12 and higher education conforming changes. Votes on the major bills were overwhelmingly unanimous or near-unanimous, and the Senate repeatedly voted to accede to the House’s request for conference on the substituted bills.
MN
Minnesota 2025-2026 Regular Session
House Floor Session 3/17/25 - Part 2
Minnesota House Floor Meeting
Transcript Highlights:
- <01:13:05.840>
resources amendment would do was direct resources amendment would do was direct - <01:51:01.119>
those that will decide which direction those that will decide which direction - A trust fund could get a check out of this.
- you get a check a trust fund a trust<02:03:17.440>
fund <02:03:17.679>could <02:03:17.840 - owners private Equity Estates and trusts owners private Equity Estates and trusts and<02:08:11.559
FL
Florida 2025 Regular Session
April 16, 2025 - 08:00 AM
Transcript Highlights:
- the trust.
- Most of that money that will go away goes to a state trust fund. It does not go to GR.
- put into the corpus of the trust.
- It goes to our state transportation trust fund.
- I want to thank the Speaker for his trust and confidence in giving me this role.
Summary:
The Ways and Means Committee met on April 16, 2025, with one agenda item: PCB WMC-2502, the committee’s tax package. Chair Duggan presented the bill as a broad tax measure covering sales tax, tourist development taxes, ad valorem/VAB procedures, affordable housing property tax changes, tangible personal property, special assessments, fuel taxes, communication services taxes, corporate income tax updates, pari-mutuel/card room taxes, local incentives, and a redistribution of horse industry trust fund money. He also noted emergency rulemaking authority for the Department of Revenue and estimated a recurring state impact of $34.6 million in FY 2025-26.
Members questioned several provisions, including the aviation fuel tax repeal, the delay of the natural gas fuel tax, the extension of the local communication services tax freeze, the charitable trust corporate income tax clarification, the reduction in card room taxes, and the affordable housing changes tied to the Live Local Act. Public testimony included support from airlines, UPS, child care management, and others, while the Florida Restaurant and Lodging Association opposed the lifeguard/TDT change, the Florida Association of Counties and Florida League of Cities opposed the missing-middle exemption changes, and local government representatives raised concerns about revenue impacts and the loss of local opt-out authority. The committee also adopted Amendment 1 by Representative Rizzo, which limits certain special assessments on RV parks when based on square footage.
During debate, members split on some provisions but generally supported the package, with comments focused on aviation competitiveness, preschool assessment relief, lifeguard funding, affordable housing, and the horse industry funding shift. Representative Duggan closed by emphasizing that the bill was only the beginning of the process and would continue through conference and floor consideration. The committee then voted 16-1 to report PCB WMC-2502 favorably, with Representative Alvarez voting no.
NH
New Hampshire 2025 Regular Session
Joint Committee on Dedicated Funds (05/21/2025)
Transcript Highlights:
- <00:18:17.919>
fund transfers from the education trust fund transfers from the education trust - <00:19:14.880>
fund transfer from the education trust fund transfer from the education trust - we call the Guy Thompson memorial trust we call the Guy Thompson memorial trust fund.<00:24:18.000
- unemployment compensation trust The unemployment compensation trust fund.<01:46:56.560>
Yeah, - unemployment compensation trust fund. unemployment compensation trust fund.
Summary:
The Joint Committee on Dedicated Funds met to review the House budget provision that would impose a 5% administrative charge on a broad list of dedicated funds, with some exemptions. Members discussed the House approach versus the Senate’s more general approach of leaving the governor discretion over which funds could be charged. The chair explained the committee was hearing from agencies about any legal, contractual, or practical reasons their funds should be exempt, and the agenda was expanded to include several departments and written submissions from others.
The Department of Education testified first, identifying several funds it said should be exempt: a printing revolving fund that is funded by transfers rather than fees; teacher certification, which is self-funded by educator licensing fees and would require an immediate fee increase if charged; a vending stand set-aside tied to the federal Randolph-Sheppard program and subject to federal approval and vendor committee procedures; and a public school infrastructure/safety account, where most revenue is transferred from the education trust fund or general fund rather than generated by fees. Members questioned the department about the effect on school safety projects and whether the fee would simply reduce the number of projects completed each year.
The Veterans Home asked for exemptions for three funds: a donation benefit account used for recreational activities and quality-of-life expenses for residents, a small memorial trust fund whose interest supports veteran activities, and a resident member account that holds veterans’ personal income such as Social Security and pensions. The department argued the charge would reduce donations, cut services, and effectively function like an income tax on vulnerable veterans. The Banking Department also requested exemption for its consumer credit administration license fund, saying it is used to keep exam fees low and is expressly intended by statute to reduce costs on regulated businesses; it said the 5% charge would undermine that framework and could eventually force higher fees.
The Department of Justice began testimony on its dedicated funds, starting with the medical legal investigative fund, which pays for death investigations and related services under statute and without general fund support. No votes or final actions were taken in the portion of the meeting provided; the committee mainly heard testimony and asked questions about the practical and legal effects of applying the administrative charge.
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Summary:
The Senate opened with prayer, the Pledge of Allegiance, and several guest and staff introductions. The chamber then took up returning messages from the House and acted on multiple bills, with votes recorded on each. Senate Bill 628 on transportation facility designations was concurred in as amended and passed 31-4 after discussion about naming roads for deceased individuals and an exception for President Trump. The House amendment to the Live Local affordable housing package, CS/CS/HB 1389, was also concurred in and passed 35-0; Senator Claudio explained it as the fourth iteration of the Live Local Act, including new provisions allowing certain affordable housing on qualifying religious property, extending some timelines, and removing accessory dwelling unit language. CS/CS/HB 1451 on utility services was concurred in and passed 30-6 after questions about phasing out surcharges and reporting requirements. The chamber also substituted CS/CS/HB 1279 for SB 7038 and adopted an education amendment package before passing the bill 36-1, while several other measures were temporarily postponed.
The Senate then considered CS/CS/SB 484 on data centers and concurred in the House amendment 383-957, passing the bill 31-6. Senator Avila said the amendment strengthened ratepayer protections, required a PSC tariff filing, and directed an OPAGA study on large-scale data centers. Several senators pressed concerns about the removal of the Senate’s nondisclosure agreement prohibition, the possibility of delayed public awareness of data center projects, and whether costs could be shifted to other ratepayers; Avila responded that the amendment preserved local land-use authority and that ratepayer costs could not be borne by the general body of ratepayers. Debate reflected a split between senators who supported the bill as a needed regulatory framework and those who objected to the transparency changes and the loss of the Senate’s original NDA language.
Later, the Senate took up land use and development regulations, substituting CS/CS/CS/HB 399 for SB 208. An amendment by Senator Jones to remove language affecting a Fontainebleau Hotel water park project in Miami Beach failed 17-20 after debate over local control and preemption. Senator McLean’s amendments then added a sunset date and other changes, and Senator Claudio’s amendment preserved Miami-Dade’s urban development boundary supermajority protections and related planning provisions. The chamber then began extended debate on Senator Martin’s amendment creating a process for property owners to challenge rural boundary designations and seek compensation or removal from the designation without going to court; supporters framed it as a property-rights and due-process measure, while opponents argued it would undermine local planning, impose costs on taxpayers, and weaken voter-approved rural boundaries in Orange and Seminole counties. The transcript ends amid that debate, with no final vote shown on the rural boundary amendment in the excerpt provided.