Video & Transcript : 'disclosure statement' :
Page 262 of 500
HI
Bills:
SB1432 , SB2024 , SB2043 , SB2060 , SB2069 , SB2153 , SB2259 , SB2319 , SB2321 , SB2338 , SB2360 , SB2396 , SB2405 , SB2407 , SB2544 , SB2550 , SB2552 , SB2578 , SB2580 , SB2607 , SB2614 , SB2671 , SB2800 , SB2805 , SB2816 , SB2835 , SB2877 , SB2892 , SB2928 , SB2934 , SB3063 , SB3199 , SB3233 , SB3325 , HCR8 , HCR10 , HCR11 , HCR13 , HCR14 , HCR18 , HCR19 , HCR22 , HCR24 , HCR31 , HCR32 , HCR33 , HCR35 , HCR54 , HCR62 , HCR63 , HCR66 , HCR67 , HCR82 , HCR83 , HCR85 , HCR91 , HCR93 , HCR94 , HCR96 , HCR98 , HCR102 , HCR104 , HCR105 , HCR106 , HCR110 , HCR111 , HCR116 , HCR117 , HCR118 , HCR121 , HCR122 , HCR123 , HCR124 , HCR125 , HCR127 , HCR128 , HCR137 , HCR139 , HCR140 , HCR141 , HCR144 , HCR146 , HCR162 , HCR165 , HCR166 , HCR173 , HCR178 , HCR179 , HCR180 , HCR181 , HCR182 , HCR185 , HCR189 , HCR191 , HCR192 , HCR193 , HCR194 , HCR200 , HCR202 , HCR6 , HCR36 , HCR42 , HCR43 , HCR44 , HCR53 , HCR57 , HCR61 , HCR64 , HCR69 , HCR84 , HCR101 , HCR103 , HCR107 , HCR112 , HCR126 , HCR136 , HCR154 , HCR161 , HCR175 , HCR186 , HCR187 , HCR188 , HCR197 , HCR203 , HCR204 , HCR206 , HB1870 , HB1588 , HB2429 , HB2386 , HB2583 , HB2361 , HB2270 , HB2137 , HB1643 , HB1682 , HB1692 , HB2078 , HB1553 , HB1667 , HB1700 , HB1728 , HB2293 , HB2096 , HB1959 , HB1511 , HB1961 , HB1858 , HB1897 , HB2088 , HB2093 , HB2279 , HB2314 , HB2505 , HB2433 , HB963 , HB1705 , HB1550 , HB469 , HB1334 , HB1710 , HB1737 , HB1753 , HB1881 , HB2309 , HB1713 , HB1741 , HB2062 , HB463 , HB1839 , HB1664 , HB2455 , HB2417 , HB1898 , HB1573 , HB1768 , HB1962 , HB2101 , HB1782 , HB2033 , HB1518 , HB1642 , HB1752 , HB2097 , HB2282 , HB1696 , HB1823 , HB1886 , HB2152 , HB2413 , HB2503 , HB1875 , HB1519 , HB1509 , HB1628 , HB1810 , HB1990 , HB2023 , HB2540 , HB1679 , HB1888 , HB2576 , HB2592
Keywords:
Kalaupapa, Kalawao, Molokai, Maui County, county consolidation, Hansen's disease, leprosy, Department of Health, DOH, patient residents, former patients, public health, transition planning, jurisdiction transfer, county governance, historical preservation, cultural preservation, environmental remediation, community input, Kalaupapa Settlement
HI
Bills:
SB1432 , SB2024 , SB2043 , SB2060 , SB2069 , SB2153 , SB2259 , SB2319 , SB2321 , SB2338 , SB2360 , SB2396 , SB2405 , SB2407 , SB2544 , SB2550 , SB2552 , SB2578 , SB2580 , SB2607 , SB2614 , SB2671 , SB2800 , SB2805 , SB2816 , SB2835 , SB2877 , SB2892 , SB2928 , SB2934 , SB3063 , SB3199 , SB3233 , SB3325 , HCR8 , HCR10 , HCR11 , HCR13 , HCR14 , HCR18 , HCR19 , HCR22 , HCR24 , HCR31 , HCR32 , HCR33 , HCR35 , HCR54 , HCR62 , HCR63 , HCR66 , HCR67 , HCR82 , HCR83 , HCR85 , HCR91 , HCR93 , HCR94 , HCR96 , HCR98 , HCR102 , HCR104 , HCR105 , HCR106 , HCR110 , HCR111 , HCR116 , HCR117 , HCR118 , HCR121 , HCR122 , HCR123 , HCR124 , HCR125 , HCR127 , HCR128 , HCR137 , HCR139 , HCR140 , HCR141 , HCR144 , HCR146 , HCR162 , HCR165 , HCR166 , HCR173 , HCR178 , HCR179 , HCR180 , HCR181 , HCR182 , HCR185 , HCR189 , HCR191 , HCR192 , HCR193 , HCR194 , HCR200 , HCR202 , HCR6 , HCR36 , HCR42 , HCR43 , HCR44 , HCR53 , HCR57 , HCR61 , HCR64 , HCR69 , HCR84 , HCR101 , HCR103 , HCR107 , HCR112 , HCR126 , HCR136 , HCR154 , HCR161 , HCR175 , HCR186 , HCR187 , HCR188 , HCR197 , HCR203 , HCR204 , HCR206 , HB1870 , HB1588 , HB2429 , HB2386 , HB2583 , HB2361 , HB2270 , HB2137 , HB1643 , HB1682 , HB1692 , HB2078 , HB1553 , HB1667 , HB1700 , HB1728 , HB2293 , HB2096 , HB1959 , HB1511 , HB1961 , HB1858 , HB1897 , HB2088 , HB2093 , HB2279 , HB2314 , HB2505 , HB2433 , HB963 , HB1705 , HB1550 , HB469 , HB1334 , HB1710 , HB1737 , HB1753 , HB1881 , HB2309 , HB1713 , HB1741 , HB2062 , HB463 , HB1839 , HB1664 , HB2455 , HB2417 , HB1898 , HB1573 , HB1768 , HB1962 , HB2101 , HB1782 , HB2033 , HB1518 , HB1642 , HB1752 , HB2097 , HB2282 , HB1696 , HB1823 , HB1886 , HB2152 , HB2413 , HB2503 , HB1875 , HB1519 , HB1509 , HB1628 , HB1810 , HB1990 , HB2023 , HB2540 , HB1679 , HB1888 , HB2576 , HB2592
Keywords:
Kalaupapa, Kalawao, Molokai, Maui County, county consolidation, Hansen's disease, leprosy, Department of Health, DOH, patient residents, former patients, public health, transition planning, jurisdiction transfer, county governance, historical preservation, cultural preservation, environmental remediation, community input, Kalaupapa Settlement
ID
Transcript Highlights:
- an important statement to make.
- To the good representative's point that when we say that it's just a statement, words matter and statements
- But this is about making a statement. Congress, come good.
- And once again, it's just a statement.
- And once again, it's just a statement.
Committee:
House Education
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING Mar 13th, 2026
LEGISLATIVE JOINT AUDITING
Transcript Highlights:
- Mayor, we'll start with you if you have an opening statement. Thank you. I do.
- Mayor, we'll start with you if you have an opening statement. Thank you. I do.
- Mayor, we'll start with you if you have an opening statement. Thank you. I do.
- Mayor, we'll start with you if you have an opening statement. Thank you. I do.
- Mayor, we'll start with you if you have an opening statement.
Committee:
All LEGISLATIVE JOINT AUDITING
Summary:
The Legislative Joint Auditing Committee approved the February 13 minutes and then heard several committee reports. The executive committee report noted that audit and special reports were scheduled for presentation, one requested report remained outstanding, and staff was asked to review selected Benton County circuit court case transfers. The committee also received and adopted reports from the counties and municipalities committee, the education committee, and the state agencies committee. Those reports covered delinquent private water and sewer audits, education audit reports, and state agency findings such as duplicate vendor payments, collateral issues, record-keeping problems, and vehicle log deficiencies. In each case, the committee voted to file or adopt the reports, with some reports deferred for follow-up or for officials to appear at a later meeting.
A major portion of the meeting focused on the City of Pine Bluff’s 2024 financial audit. Auditors said the city received a clean opinion overall, but management letter findings identified serious issues in the mayor’s office, Parks and Recreation, and the finance department. The Parks and Recreation finding involved $179,629 in manual receipts that could not be traced to city deposits, missing receipts from several facilities, $48,415 in unallowable purchases, $13,000 in questionable purchases, altered invoices, unapproved vendors, and missing equipment; those matters were referred to the prosecuting attorney, attorney general, Governmental Bonding Board, and Arkansas State Police. The finance finding cited weak cash-receipting and bank-reconciliation procedures and late or missing deposits.
City officials, including the mayor, finance director, and parks director, testified that the problems predated the current administration and said they had taken corrective steps. They described hiring a forensic audit firm, creating or updating standard operating procedures, improving receipting and deposit processes, adding procurement oversight, and moving Parks and Recreation to electronic or system-based receipting. Committee members questioned the officials about oversight, nonprofit relationships, and whether theft or system failures were to blame. After discussion, the committee voted to file the Pine Bluff report. The next meeting was announced for June 4-5, 2026.
WA
Washington 2025-2026 Regular Session
Senate Floor Session Mar 11th, 2026 at 04:40 pm
Washington Senate Floor Meeting
Transcript Highlights:
- As is custom in the Senate, there will be one statement in favor, one statement on the other side.
- There will be one statement in favor, one statement on the other side. Senator Peterson.
- Now, the intent statement in the underlying bill promises...
- If I can read one of the effect statements. Please proceed.
- If I can read one of the effect statements. Please proceed.
Bills:
SCR8410
Keywords:
returning bills to house of origin, sine die, end of session, legislative procedure, Rules Committee, third reading, unfinished business, pending bills, joint resolutions, concurrent resolutions, joint memorials, special session, bill numbering, legislative records, House of Representatives, Senate, Washington Legislature, session adjournment, procedural resolution, 904
Summary:
The Senate considered engrossed substitute Senate Bill 6346, a major tax package creating a new income tax on high earners, providing tax reductions and credits, and funding various spending priorities. A point of order was raised that House amendments exceeded the bill’s scope under Senate Rule 66, focusing on new provisions affecting sales and use taxes and business and occupation taxes. The President ruled the amendments were within scope, finding they were tax reductions similar to those already in the Senate-passed bill, and the Senate then took up the motion to concur in the House amendments.
Members debated the House changes at length. Supporters said the amendments improved the bill by expanding the Working Families Tax Credit, adding exemptions for diapers and over-the-counter medicines, bringing forward some tax relief, preserving business loss carryforwards, and adding funding or intent language for items such as Fair Start for Kids, K-12 investments, local government replacement funding, and universal school meals. Opponents argued the bill remained unconstitutional or unfair, criticized the income tax structure and inflation indexing changes, objected to the gambling-loss deduction and limits on charitable deductions, and said the bill’s promises on public defense, education, and other priorities were not secured in the body of the measure.
On a roll call vote, the Senate concurred in the House amendments by a vote of 27-21, with one excused. The Senate then passed Engrossed Substitute Senate Bill 6346 as amended by the House by the same 27-21 vote, and the President signed the bill in open session. The chamber also received several messages from the House announcing signed bills, and then adjourned until the next scheduled meeting.
FL
Florida 2026 Regular Session
Joint Legislative Auditing Committee Oct 13th, 2025
Transcript Highlights:
- And then lastly, the Florida Open Financial Statement System, which is also called LOGERX.
- The third tool is the Florida Open Financial Statement System.
- The third tool is the Florida Open Financial Statement System, also known as Logger X.
- This particular website is for the local governments to report their financial statements.
- Financial statements, internal control, and compliance issues.
Summary:
The Joint Legislative Auditing Committee met to receive updates on Transparency Florida and related transparency tools. The Governor’s Office and the Department of Financial Services described the Transparency Florida website, the state payment and contract systems, and the local-government financial reporting system (Logger X/XBRL), emphasizing public access, searchable payment and contract data, downloadable reports, and ongoing upgrades. Members asked whether school districts and the Department of Corrections are included in these systems; staff explained that state agencies like Corrections are covered through Transparency Florida, FACTS, and the state financial reports, while Logger X is for local governments. Committee staff reported that the Transparency Florida Act’s requirements have been met and noted that any new recommendations would need legislative action; members were invited to submit recommendations by October 30.
The committee then reviewed repeated audit findings for local governments and educational entities. Staff explained the statutory process for “three-peat” findings: first requesting an updated written corrective-action status, then possibly requiring an appearance before the committee, and finally taking further action if findings remain uncorrected. Most entities were recommended for written updates, while the City of Daytona Beach was singled out for an in-person appearance because of a repeated finding involving unexpended building permit balances. Members also raised questions about specific entities, including McIntosh, White Springs, Pahokee, and the Fred R. Wilson Memorial Law Library special district, with staff explaining the nature of the findings and noting that some entities may warrant further review.
The committee adopted a motion to accept staff’s recommendations and to send letters to entities with uncorrected audit findings in late-filed 2023-24 audit reports. It also approved a motion directing the Auditor General and OPPAGA to conduct the required audit of the Department of the Lottery for fiscal year 2025-26, with the Auditor General handling financial, internal control, and compliance work and OPPAGA preparing operational recommendations. The meeting concluded with notice that the next meeting was tentatively scheduled for November 3 at 3:30 p.m., followed by adjournment.
WY
Wyoming 2026 Regular Session
Management Audit Committee, June 18, 2026 - PM
Management Audit Committee
Transcript Highlights:
- Um, so, municipalities have to present their financial statements on a GAAP basis.
- Chairman. >> Yes. >> Just quick follow-up statement.
- And if they can't understand their financial statement, they can't... financial statement, they can't
- Uh, just one more question for the director, um, regarding one of his statements.
- I do not believe that statement is I do not believe that statement is accurate.
Committee:
Joint Management Audit Committee
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of William Briggs, of Texas, to be Deputy Administrator, and Casey Mulligan, of Illinois, to be Chief Counsel for Advocacy, both of the Small Business Administration. Mar 12th, 2025 at 01:30 pm
Small Business and Entrepreneurship Committee
Transcript Highlights:
- I'm going to make brief opening statements, then I'll turn to Ranking Member Markey to do the same.
- Mulligan will be recognized for their statements.
- purposes of an opening statement. to serve in these roles.
- Ask unanimous consent that the nominee's full statements be included in the record.
- Yeah, my statement was just a little different.
Keywords:
SBA, small business, nominations, Bill Briggs, Casey Mulligan, regulations, capital access, public support
Summary:
The Committee on Small Business and Entrepreneurship convened to consider the nominations of Bill Briggs for Deputy Administrator of the SBA and Dr. Casey Mulligan for Chief Counsel for Advocacy. The discussions highlighted the critical role of the SBA in promoting small businesses, with emphasis on overcoming challenges posed by excessive regulations and the need for improved access to capital. Several committee members expressed their concerns over recent layoffs within the SBA and the closure of district offices, which they believe undermine support for small businesses across the nation. The committee meeting saw extensive dialogue about the implications of regulations on small business operations and how the nominees plan to address these issues if confirmed. Public support for the nominees was acknowledged through letters from various stakeholders who advocate for small business interests.
VT
Transcript Highlights:
- The proposed amendment instead requires risk retention groups to file annual and quarterly statements
- pursuant to Vermont annual statements pursuant to Vermont law<00:20:48.080><c> that</c><00:20:48.400
- </c><00:20:58.799><c> in</c><00:20:59.039><c> the</c><00:20:59.440><c> NIC,</c> quarterly statements
- </c> Current law does not require the filing of quarterly statements.
- ><c> that</c><00:24:47.760><c> the</c> statement basically confirms that the statement basically confirms
NH
New Hampshire 2026 Regular Session
Senate Health and Human Services (04/16/2026)
Health and Human Services
Transcript Highlights:
- It specified a very simple textual statement.
- It specified a very simple textual statement.
- It specified a very simple textual<00:03:49.360><c> statement.
- The parent was textual statement.
- It was just a general statement sense.
Committee:
Senate Health and Human Services
MN
Transcript Highlights:
- The statement must include a balance sheet, a statement of profit or loss, income, a statement of retained
- year by that facility. to a financial statement prepared by a to a financial statement prepared by a
- of profit or loss, income, a a statement of profit or loss, income, a statement<00:47:15.080><c> of<
- retained earnings, a statement of retained earnings, a statement<00:47:16.560><c> of</c><00:47:16.680
- </c> statement of cash flow, and a statement statement of cash flow, and a statement of<00:47:18.800>
TX
Texas 89th 2nd C.S.
Senate Special Committee on Congressional Redistricting Aug 21st, 2025
Transcript Highlights:
- Do you agree on that statement, Mr. Chairman? I think we held 6 hearings in the Senate.
- So are you saying that you agree with him or you don't agree with that statement?
- So you don't agree with that statement?
- Do you agree with that statement? I can only speak for the Senate.
- It should—that's a correct statement, Mr. Chairman.
Summary:
The Senate Special Committee on Congressional Redistricting met to lay out House Bill 4, the House companion to Senate Bill 4, and no public testimony was taken at this hearing. Senator King explained that HB 4 was based on the House’s revised congressional map, which he said made only minor changes from SB 4 while aiming to comply with law, improve Republican political performance, and keep districts compact. He noted changes affecting several districts, including moving Fort Bliss into CD 16, placing all of Navarro County into CD 6, and moving Liberty County into CD 9, and said counsel had reviewed the map and found it legally compliant.
Several senators criticized the process and the substance of the map. Senators Alvarado, Miles, and Hinojosa objected that the House substitute had not been subject to a public hearing and argued that communities in Houston, El Paso, the Rio Grande Valley, and South Texas were being split or paired with unrelated areas. They also questioned the compactness of the districts and raised concerns about racial effects, including changes in Black voting-age population in CD 9 and CD 18. Senator King responded that the committee had already heard extensive testimony on redistricting, that the Senate was following its usual companion-bill process, and that he had not relied on racial data but on historical voting patterns and legal review.
After debate, Senator Parker moved to report HB 4 favorably to the full Senate with the recommendation that it do pass and be ordered not printed. The committee approved the motion by a 5-3 vote, with one absent, and then recessed subject to the call of the chair.
CA
Transcript Highlights:
- I really appreciate your opening statement, and I really appreciate your work over four years and your
- your opening statement, and I really appreciate your work over four years and your crazy willingness
- Eastman had made statements of fact he knew to be false and had provided legal opinions he knew were
- . rules that prohibit all lawyers, whoever they're representing, from making false statements of fact
- Obviously, the witnesses in support of your confirmation make a big statement.
Committee:
Senate Rules
Summary:
The Senate Committee on Rules first took up several governor’s appointments not required to appear, including Rick Simpson to the Commission on Teacher Credentialing and Trinidad Solis, M.D., and Gerald Talbert, M.D., to the Medical Board of California. The committee also approved reference of bills to committees and floor acknowledgments, with roll calls on each item showing unanimous support from members present and the items left open for additional votes before final tallying.
The main public business was the confirmation hearing for George Cardona, J.D., for a second term as Chief Trial Counsel of the State Bar of California. Cardona described reforms made since taking office, including new conflict-of-interest and gift rules, stronger investigative requirements, efforts to reduce backlog and improve efficiency, and monitoring of discipline disparities identified in prior studies. Senators questioned him about safeguards after the Girardi matter, the John Eastman discipline case, racial and ethnic disparities in attorney discipline, unauthorized practice of law by notarios, staffing shortages, and the use of AI in filings. Public witnesses from the State Bar, SEIU Local 1000, and others spoke in support. The committee voted 3-0 to advance Cardona’s appointment to the full Senate.
The committee then heard Laura Enderton Speed, J.D., for Executive Director of the State Bar. She said her priorities would be restoring public trust, improving the discipline system, addressing the February 2025 bar exam problems, and strengthening fiscal stability and internal controls. Members asked about the State Bar’s structural budget deficit, the remote administration failures in the February exam, safeguards against undisclosed gifts and conflicts, and the status of audits and investigations. Supporters from the State Bar, the civil defense bar, SEIU Local 1000, and a longtime colleague testified in favor. The committee approved her appointment 5-0 to move to the full Senate. At the end of the meeting, members also approved the remaining governor’s appointments and procedural items, and the chair thanked Senator Jones for his service on the committee before adjourning the public portion.
CA
Transcript Highlights:
- I really appreciate your opening statement.
- I really appreciate your opening statement.
- I really appreciate your work over four years and your crazy wish. statement, and I really appreciate
- Obviously, the witnesses in support of your confirmation make a big statement.
- Obviously, the witnesses in support of your confirmation make a big statement.
Committee:
Senate Rules
AZ
Arizona 2026 Regular Session
03/25/2026 - House Ways & Means
House Ways & Means Committee of Reference
Transcript Highlights:
- The bill would allow the assessment to be included in the property tax bill and statement for cleanup
- It's all on a federal issue, not a statement. Yeah, I think I would agree with that statement.
- Yeah, I think I would agree with that statement.
- I would agree with that statement. Okay, Mr.
- Chair, this is not a statute but it's a statement of sentiment. Mr.
Summary:
The House Ways and Means Committee considered several Senate bills dealing largely with cryptocurrency, county tax liens, and tax conformity. SB 1042 would allow state retirement systems to invest up to 10% in virtual currency holdings, and SB 1043 would let state agencies accept virtual currency payments through agreements with providers; both were described as permissive rather than mandatory and were returned with due pass recommendations on 5-3 votes. Members expressed caution about volatility and government involvement in digital assets, but supporters said the bills simply create options and could improve efficiency.
The committee then took up SB 1067, which addresses county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s original mechanism for placing the assessment directly on the property tax bill, while preserving the lien so it survives a tax lien sale. County officials and the County Supervisors Association testified in support, saying counties currently absorb cleanup costs for hazardous properties and the amendment would help make counties whole without broadening property tax use. The amendment was adopted and the bill was returned with a due pass as amended recommendation on an 8-0 vote.
SB 1180, on Department of Revenue tax conformity forms and instructions, prompted extended debate over whether DOR should presume conformity with federal tax changes and how to avoid an automatic tax increase without legislative action. Chairman Olson’s amendment would have DOR presume conformity only when federal changes reduce income or tax liability, while nonconformity would be presumed for increases; the sponsor said he wanted the bill to move but did not prefer the amendment. The amendment and the bill as amended both passed 5-3, with members noting the issue needed further work and clearer statutory language. SB 1221, requiring DOR to notify legislative tax chairs before new interpretations that adversely affect taxpayers and to testify if asked, also passed 5-3 after adoption of an intent-clause amendment. SB 1292, clarifying PSPRS’s 5% voting-stock cap applies to publicly traded corporations, passed unanimously, and SCR 1033, a nonbinding resolution encouraging retirement systems to monitor digital asset ETFs and report back before the next session, passed 5-3. SB 1503 was held at the sponsor’s request, and the committee adjourned at the end of the agenda.
TX
Texas 89th Regular
Senate Committee on Water, Agriculture, and Rural Affairs May 23rd, 2025
Water, Agriculture and Rural Affairs
Transcript Highlights:
- This isn't a statement on ASRs at all; it's a statement on local politics and how you treat your neighbor
- So that's my statement. I'm sorry about it, but it's true.
- I just made a statement that's... Stakeholders were able to make a statement.
- Is that a fair statement? That's the information.
- Is that a fair statement?
Committee:
Senate Water, Agriculture and Rural Affairs
AZ
Transcript Highlights:
- I don't know that we've seen something like this here in the House, expressing a statement of disapproval
- This is more of a—it's called censure, but it's a statement of disapproval really more than a censure
- of disapproval. ...maybe two words expressing the same concept about a statement of disapproval in terms
- there's any particular significant meaning that's been ascribed to the word censure, but it is a statement
- This is more, in my view, a statement of disapproval rather than any specific term of art, censure.
Committee:
House Rules
NV
Nevada 2025 Regular Session
Senate Committee on Commerce and Labor May 31st, 2025 at 09:00 am
Commerce and Labor
Transcript Highlights:
- And I will assign the floor statement to Senator Scheible. All right.
- Do you like to make any closing statements? Yes, ma'am. I'd like to address Mr.
- Ellison's statements regarding the air quality within an enclosed building.
- Would you like to make any closing statements?
- And not surprisingly, the floor statement is going to go to Senator Rogesh.
Committee:
Senate Commerce and Labor
MN
Minnesota 2025-2026 Regular Session
House committee considers proposed amendment to MN Constitution guaranteeing equal rights 4/3/25
Transcript Highlights:
- This is not a statement bill.
- This is not a statement bill.
- One more statement, and we'll move then to Representative Howard.
- One more statement, and we'll move then to Representative Howard.
- One more statement, and we'll move then to Representative Howard.
NY
Transcript Highlights:
- Questions, comments, or statements?
- Any more questions in terms of statements? If not, I'll take a motion. Move the bill.
- More questions, comments, or statements? Motion. The motion. The motion is there. Second? Second.
- Question of comments or statement. Motion. Move the bill. There has been motion.
- More questions, comments, or statements? Any motion? Your first motion. Go ahead. Go ahead.
Committee:
Senate Banks
Summary:
The Senate Banks Committee met with Chair James Sanders Jr. and members including Senators Brisport, Borrello, and newly introduced Senator Eric Botcher. The chair emphasized the committee’s willingness to debate and revise bills, with several members noting the value of open dialogue and bipartisan cooperation on banking issues affecting unbanked and underbanked New Yorkers.
The committee considered five bills. S.70 (mortgage loan services) drew opposition from one member over its private right of action, with concerns that litigation would raise costs and make mortgages less affordable; it was nevertheless moved and reported out. S.2027 would create a banking development district working group; supporters said the program needs an overhaul and more funding, and the bill was moved and referred to finance. S.2327 would dedicate 10% of fines and penalties imposed by the Department of Financial Services to a community development financial institution fund; it was reported out and referred to finance. S.3177 would regulate commercial finance licenses and was also voted out and referred to finance.
The final bill, S.3615, would support minority depository institutions establishing home or branch offices in unbanked or underbanked communities. A co-sponsor highlighted that rural areas also face banking access problems and praised the bill as a nonpartisan effort. The committee approved the bill and referred it to finance. The meeting concluded with adjournment after all listed bills were acted on.