Transcript Highlights:

• at $184 million in assets.
• RBC Global Asset Management has an impact investing division.
• RBC Global Asset Management, I've talked about them.
• Then our total assets. Which are $184 million. I'm on row 27 now. Total assets are $184 million.
• We think total assets can grow to $358 million.

Transcript Highlights:

• That was based on asset size, I believe. Asset size. Okay. Oh, yeah. Definitely not performance.
• of your of your asset. of your of your asset.
• >> That was based on asset size, I believe. >> Asset<00:15:06.320> size.
• <00:15:07.760> Um >> Asset size. Okay. Um >> Asset size. Okay.
• > is done based on an asset liability is done based on an asset liability study<00:37:23.440> every

Keywords: Finance - Room 216, 20 January, 2026; 10:30 AM, 925, all

Summary: The committee heard an update from PERS Executive Director Higgins, who reported that the system has about $38 billion in assets, earned roughly 11.7% last fiscal year, and is about 57% funded. He thanked lawmakers for a newly passed $1 billion funding bill and emphasized that funding the existing system remains the top priority. Higgins also noted that the board’s actuarially recommended contribution is about 26% of payroll, while the system is currently receiving about 18.4%, and said PERS will return later in session with a few requested bills. Higgins addressed several policy topics under discussion this session, including return-to-work rules, first responders, and Tier 5. He said return-to-work changes are possible if the law is changed and funding implications are addressed. For first responders, he said any special treatment should be done within PERS rather than by creating a separate system, with the affected group and parameters clearly defined and fully funded. He also said the new Tier 5 hybrid plan is being implemented on track for March 1 and is projected to improve the system’s long-term financial position by reducing future liabilities and helping pay down the unfunded liability. Members then questioned Higgins about the system’s funding policy, the 30-year closed amortization period used in the ADC calculation, and whether that approach should be revisited in light of recent funding actions and changes in assumptions. Higgins said the board reviews the policy annually, that the closed amortization approach was chosen to better pay down the unfunded liability, and that the annual valuation and experience studies already incorporate recent funding changes, Tier 5, and the phased employer-rate increases. He acknowledged that a significant new infusion of funding could justify reviewing the amortization period, but cautioned against changing it too often because it could undermine progress toward paying down the unfunded liability.

Transcript Highlights:

• For simplicity, I will compare this 5.6 gigawatts and all of the generating assets, transmission wires
• The new assets that have to come on to respond to this exponential growth, we wanted to make sure we
• versus... ...phrasing for that in the regulatory environment, like CITUS assigned use assets versus
• system shared assets.
• anymore, those assets become available to Utah customers and Wyoming customers who... ...those assets

Keywords: 985, all

Transcript Highlights:

• So when you think about assets, it's very easy, and we commonly talk about low cost, but I think you
• So these are key assets for us.
• Do we have a strategic asset map by chance?
• We also rely on our local partners to supply us information on those assets.
• I think we do have the basic asset map.

Summary: The LEAD Committee met with the Department of Commerce to review a high-level strategic plan for Oklahoma economic development. Commerce Director Bud presented a plan centered on the state’s competitive advantages: central location and logistics, low cost of doing business, energy availability, labor force, tax environment, and partnerships with tribes, local communities, universities, and workforce organizations. He said the agency must focus on industries where Oklahoma has a “right to win,” identifying aerospace and defense, energy, agribusiness, manufacturing, and cybersecurity as priority sectors, with other sectors such as transportation logistics, automotive, finance/shared services, federal offices, bioscience, and broader IT treated as secondary or longer-term opportunities. Members asked about workforce, entrepreneurship, infrastructure, incentives, research and development, housing, and how Commerce should stay focused on its core mission. Commerce said CareerTech remains a major asset, but the state needs better coordination among agencies, universities, and workforce partners. Officials also said entrepreneurship should be encouraged within target industries, infrastructure readiness should be mapped and aligned to industry needs, and incentives should be evaluated against total cost of operations rather than compared only on percentage terms. They noted that the Incentive Evaluation Commission is comparing Oklahoma’s incentives with other states and that closing deals begins early, with the right people and partners involved from the start. The discussion also emphasized the need for stronger statewide marketing, better use of regional development staff, more robust research/data capabilities, and a stronger international strategy. Legislators raised concerns about Commerce being tasked with programs outside its core mission, and Commerce said it must administer those programs unless the Legislature changes the law, though it would like to streamline and reallocate resources where possible. The meeting ended with broad support for the strategic direction, appreciation for Commerce’s work on recent projects, and adjournment without any formal vote or action taken.

Transcript Highlights:

• ... ...to the information and technology assets and cyber threats.
• These are assets that are very vital to our work.
• This funding will allow us to provide greater security to these assets.
• We do have some fisheries and wildlife assets that are included in there as well.
• Protect our state assets that we have and also ensure our operational continuity.

Keywords: 928, house, all

Summary: The hearing reconvened with testimony from several agencies on their capital budget requests. The Department of Environmental Services requested a little over $38 million, with major emphasis on dam repairs and design work for aging state-owned dams, including a $5.25 million match for possible FEMA BRIC funding at Pawtuckaway/Tuckaway and other projects such as Milton Three Ponds, Murphy Dam, and Lakeport Gates. DES also requested funding for state revolving loan fund matches, a Superfund match for the Savage Well site, IT and air-monitoring upgrades, and a new $750,000 cybersecurity request for water and wastewater systems. Committee members asked about FEMA eligibility, the distinction between design and construction money, and the timing and risk of banking funds if federal grants do not materialize. The University System of New Hampshire requested $20 million in state support, primarily $15 million for a major Diamond Library renovation at UNH to create a student support hub and reduce/repurpose collection space, plus $2.5 million each for deferred maintenance at Plymouth State and Keene State. The Community College System requested about $16.6 million across seven projects, led by critical maintenance, campus safety/security upgrades, IT infrastructure, parking and site improvements, HVAC replacement at White Mountains Community College in Littleton, a building management/energy system, and modernization of NHTI’s dental clinic and radiology spaces. The Department of Education requested $29.5 million, including a $4.9 million internal management platform to replace paper-based and siloed systems, plus career and technical education capital projects; Milford’s CTE project was described as being revised after repeated failed bond votes, while ConVal said its revised project would focus on modernizing existing CTE space and adding a security vestibule. Fish and Game requested $1.075 million for three facilities: Sewall Falls in Concord, the Lancaster Armory, and the Bunker Lane Barn in Durham, focusing on structural repairs, security, reconfiguration, and in one case replacement of a failing barn with a new 40-by-60 building. The department also said hatchery work is ongoing but that it is taking a cautious approach because of the planned New Hampton Hatchery and future capital needs. The Department of Natural and Cultural Resources requested $9.26 million for eight projects, including campground electrical upgrades at Ellacoya and Lake Francis, White Lake water system replacement, Mount Washington fuel tank and safety work, Odiorne Point visitor center work funded through parks revenue, roofing and parking lot repairs, Fox Forest office safety upgrades, and historic site repairs at White Island and Fort Constitution. Members asked about revenue-based capital, the stability of the parks fund, and flexibility in choosing projects as bids come in. The Department of Transportation began its presentation at the end of the transcript, but its detailed requests were not yet discussed.

Transcript Highlights:

• Over time, concerns arose regarding management of my mother's assets.
• Court-appointed fiduciaries and guardians have significantly more authority over the lives and assets
• Court-appointed fiduciaries and guardians have significantly more authority over the lives and assets
• My revocable trust allowed me to spend assets as I wish, even though Charlotte was incapacitated.
• They say I didn't have the right to take assets out of the trust.

Keywords: 1182, all

Transcript Highlights:

• And then within the best management practices that KIA may require, it makes reference to that asset
• And then within the best management practices that KIA may require, it makes reference to that asset
• may require, it makes reference<00:08:52.320> to<00:08:52.440> that<00:08:52.680> asset
• <00:08:53.000> depreciation<00:08:53.640> as reference to that asset depreciation as
• reference to that asset depreciation as well.<00:08:54.480> Um<00:08:54.760> we<00:08:

Keywords: Meeting Start 00:00:00 Roll Call 00:00:15 HB 503 Discussion 00:01:30 HB 503 Vote 00:05:30 HB 651 Discussion 00:07:15 HB 651 Vote 00:10:25, 958, all

Summary: The House Standing Committee on Appropriations and Revenue met on March 3, 2026, with a quorum present and took up two bills. First, the committee considered House Bill 503, the legislative branch budget, as amended by committee substitute PHS 1. Sponsors and presenters described it as a continuation of recent budget approaches for the smallest of the three branches. One member asked about language in the substitute related to capital and capital annex construction expenditures and why certain statutes would not apply; the response was that the provisions were standard in recent years and intended to give the legislative branch flexibility for ongoing capital projects. The committee adopted PHS 1 and then passed HB 503 out favorably by a vote of 19-0, with no nays or passes. The committee then took up House Bill 651, which makes changes to the Kentucky Waters program created in 2024. Representative Josh Bray explained that the bill, in consultation with the Kentucky Infrastructure Authority, updates project selection criteria to better target distressed districts and applies only to the next funding cycle. The committee substitute adds requirements for applicants to have an asset depreciation plan and ties that concept into best management practices, with the stated goal of avoiding repeated funding of the same projects as they wear out. Members clarified that the bill addresses the program’s structure rather than annual funding allocations, and Bray confirmed that annual project funding continues to be implemented through separate resolutions and KIA evaluation. The committee adopted PHS 1 and reported HB 651 favorably by a vote of 20-0.

Transcript Highlights:

• responsible for if they default, and if they do default, they lose their privileges with the co-owned asset
• we had someone come up to Texarkana from a state agency and once the issue became, wait, this is an asset
• Even though the asset is utilizing Texas funds for Texas citizens and coming from the Texas municipality
• someone come up to Texture Canada from a state agency and once the issue became, wait, this is an asset
• Even though the asset is utilizing Texas funds for Texas citizens and coming from the Texas municipality

Summary: The Committee on State-Federal Relations heard testimony on HB 3484, which would formalize agreements between border municipalities and treat certain infrastructure, services, and facilities as Texas assets for funding eligibility if they are within 30 miles of the border. Representative Van Deaver and a witness from Texarkana described how the bill would help Texarkana, Texas, secure state funding for jointly used facilities such as wastewater, water treatment, and airport assets that are physically located in Arkansas but serve Texas residents. Members asked about whether Arkansas benefits from the facilities and whether the bill would apply only to U.S. border cities; testimony clarified that it applies to Texas municipalities bordering another U.S. state, and the bill was left pending after the committee substitute was withdrawn. The committee also heard HCR 112, by Representative Perez, which urges Congress to allow state-issued Real ID cards, including Texas driver’s licenses, to be accepted as identification for U.S. citizens re-entering the country at land and sea ports of entry. Perez argued that Texas already verifies citizenship and lawful presence for Real ID issuance, that most Texans already have Real ID-compliant licenses, and that acceptance at the border would reduce costs and delays for routine cross-border travel without weakening security. Members asked about the security features of Real ID, implementation timing, passport delays, and how border crossings currently work; Perez said the resolution would not replace passports for international air travel and would apply only to U.S. citizens returning at land and sea ports. HCR 112 was also left pending, and the committee adjourned after HDR 125 was withdrawn from the schedule.

Transcript Highlights:

• charge of this and that, again, we'll kind of have everything centralized in the point that all those assets
• /c><00:06:49.520> have<00:06:50.319> uh<00:06:50.560> cyber<00:06:51.039> assets
• utilizing it to have uh cyber assets utilizing it to have uh cyber assets available<00:06:52.080
• c><00:07:21.440> that<00:07:21.680> all<00:07:21.840> those<00:07:22.000> assets
• <00:07:22.319> are the point that all those assets are the point that all those assets are

Keywords: Technology - Room 210; 28 January, 2026: 9:00 AM, 925, all

Summary: The Technology Committee met a few minutes late and took up four bills. Senate Bill 2437, which establishes a baseline definition of artificial intelligence and aligns it with federal language, was explained as a recommendation from the AI regulatory task force; it passed without questions and was reported out. Senate Bill 2650, the Mississippi Emergency Communications Authority Act, was presented as a follow-up to last year’s 911 legislation to make minor, non-funding adjustments to definitions around EOCs, EOCCs, and NG 911 standards; members noted the board has not yet fully met or been confirmed, and the bill passed and was reported out. Senate Bill 2653, the Mississippi IT Optimization Act, was described as creating a new code section to improve state IT efficiency and enterprise solutions as agencies move to the cloud and data sharing expands. The chair cited consolidation efforts such as reducing multiple Microsoft mail accounts and potential cost savings, and the bill passed with no opposition. Senate Bill 2654 would establish a state security operations center to centralize cybersecurity response and related assets; after a committee substitute corrected a typographical error, the substitute was adopted and then passed as a title sufficient do pass, to be reported out. The chair also said the committee would likely see further revisions later in session, especially on the 911 and cybersecurity measures, and announced a February 5 field trip for technology committees to visit MDE from about 11 a.m. to 1 p.m., with more details to follow.

Transcript Highlights:

• proportionally um based off of assets proportionally um based off of assets under<01:03:56.960><
• For the non-general fund assets, the SBI invoices an administrative fee back based on the assets under
• non-general fund assets, and having a fixed appropriation for the general fund assets, it becomes very
• I'm happy to take any questions. general fund assets, it becomes very general fund assets, it becomes
• non-general fund assets. non-general fund assets.

Keywords: 918, senate, all

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

Transcript Highlights:

• I've got the privilege to chair the Joint Committee on Bonding, Capital Expenditures and State Assets
• As you all know, MassDOT is not the only state agency with responsibility for transportation assets.
• the Department of Conservation and Recreation are responsible for over 100 lane miles of multimodal assets
• There's urgency around the condition of assets, around modernizing them, making them more resilient.
• can get that information for you because they also do a good job of tracking the status of their assets

Keywords: 995, all

Summary: The Joint Committee on Bonding, Capital Expenditures and State Assets held a public hearing on H. 5279, a bill financing long-term improvements to municipal roads and bridges. MassDOT and A&F testified in support, describing the bill as a more than $5 billion transportation bond package centered on a four-year, $1.2 billion Chapter 90 authorization, plus funding for MBTA rail reliability and modernization, housing-related transportation improvements, a new DCR/MassDOT PRISM program for parkways and other DCR assets, and reauthorizations of the Municipal Pavement Program, Shared Streets and Spaces, and highway programs. They said the bill would support safety, resilience, housing production, and multimodal transportation, and noted that some bonds could be issued as special obligation bonds backed by the Commonwealth Transportation Fund and Fair Share revenues. Committee members asked about the size and structure of the authorizations, the federal match for highway projects, the source of MBTA vehicle procurement, bridge repair needs, and whether the housing-related funds could be used flexibly for items like sidewalks, bike lanes, bus stops, and other local transportation improvements. Administration witnesses said the bill is intended as a temporary refill of existing programs until a larger transportation bond bill is filed next session, that the federal-aid line includes the full spending authority while the state only borrows the 20% match, and that the housing-related program is deliberately broad and not limited to MBTA communities. They also said Chapter 90 includes a road-mile component that especially helps rural communities and that preservation and safety are built into the programs. The Massachusetts Municipal Association also testified in strong support, emphasizing that Chapter 90 is the most important tool municipalities have to maintain the roughly 30,000 miles of local roads and bridges they are responsible for. MMA urged timely passage before construction season and praised the continued $300 million Chapter 90 level, especially the $100 million road-mile distribution that helps communities with large road networks and smaller populations. No votes were taken on the bill, and the hearing concluded with adjournment after testimony ended.

Transcript Highlights:

• To do an assessment, we had to generate a data set of all the critical assets in the state.
• Some initial summary findings show that a pretty high percentage of the assets that are included and
• And this graphic here just kind of shows you this is actually a singular asset.
• And they tend to impact multiple critical assets, which helps them elevate in the score.
• There's no priority based on what type of critical asset is being adapted.

Summary: The Natural Resources and Disaster Subcommittee heard two informational presentations. First, the Department of Environmental Protection gave an overview of Florida’s water quality framework, explaining how numeric nutrient criteria, monitoring, TMDLs, and Basin Management Action Plans (BMAPs) are used to address impaired waters. DEP described recent changes intended to increase accountability, including five-year milestones in BMAPs, requirements for advanced wastewater treatment by 2033 in certain cases, limits on new conventional septic systems where sewer is available, enhanced nutrient-reducing septic requirements where sewer is not available, and a new agricultural regional water quality improvement element. The department also highlighted the Water Quality Improvement Grant Program, which has received nearly $1.4 billion over four years and funded more than 300 projects, as well as a public dashboard showing funded projects and a forthcoming trend-analysis dashboard for monitoring data. Members asked about enforcement of BMAP milestones, septic-to-sewer coordination with local governments, PFAS and microplastics monitoring, septic system performance standards, wastewater facility compliance, and how many facilities remain below advanced wastewater treatment standards. DEP said it can enforce BMAP obligations through administrative orders, consent orders, court action, fines, and permit conditions, and that it inspects and verifies wastewater facilities while relying on reporting and site inspections for sewer infrastructure. The department also said nutrient-reducing septic systems must achieve a 65 percent reduction in nitrogen and phosphorus, with verification required when projects seek BMAP credit. The committee then heard from the chief resilience officer on the Resilient Florida program, created in 2021 to address sea-level rise and coastal flooding. The presentation reviewed planning grants, vulnerability assessments, and the statewide critical-asset assessment, noting that all counties and most municipalities are expected to complete assessments by the end of 2026 and that vulnerability is now an eligibility requirement for future project funding. The program reported major statewide outcomes, including stormwater storage, miles of infrastructure and roadway protection, acres restored, and coastal protection projects, and highlighted examples such as breakwater improvements and lift-station elevation. Members asked about project delays, funding totals, overlap with other funding sources, and project prioritization; the program said delays often stem from design and permitting after award, that its reported totals reflect only grants it administers, and that projects are scored under the same criteria rather than being prioritized by asset type. The meeting ended with no further business and adjournment.

Transcript Highlights:

• As evaluating assets, right now Alabama waives the asset limit.
• But you should sell your asset to pay for the nursing home if it's not occupied by a spouse.
• eligibility loophole which raises the income threshold and eliminates the requirement to check the assets
• a cash welfare benefit and then automatically deemed eligible for food stamps without a limit on assets
• Usually speaking, the cost of doing the kind of asset test that Senator Or talks about costs the state

Bills: SB245, SB246, HB30, HB30

Keywords: SB245, public assistance, Medicaid, SNAP, food assistance, Alabama Medicaid Agency, Department of Human Resources, eligibility verification, self-attestation, data matching, fraud prevention, improper payments, program integrity, benefit eligibility, income verification, residency verification, asset verification, electronic benefit transfer, EBT, cross-checks

Transcript Highlights:

• Unfortunately, the TRASCOM assets have been recently used in a very inefficient manner and at great cost
• So who makes the decision to fly in this inefficient... manner using your assets?
• So you're saying that you did not make this decision to use your assets to fly 100 people to India?
• That this would not be the kind of use of your assets that we should contemplate.
• So will you let this committee know if you begin to use your assets for these kinds of transport?

Keywords: Transcom, logistics, military readiness, air refueling, KC-135, KC-46, strategic infrastructure, geopolitical threats, Alaska

Summary: During this meeting, the committee hosted an extensive discussion on the operations and logistical challenges facing the U.S. Transportation Command (Transcom). General Reid provided testimony on key areas including the importance of maintaining robust logistical capabilities in contested environments, particularly in relation to geopolitical threats posed by adversarial nations. Various members emphasized the necessity for modernization of the air refueling fleet, addressing issues such as the readiness of the KC-135 and the procurement of the next-generation KC-46 aircraft, which has experienced delays and technical challenges. The dialogue further extended to the strategic importance of U.S. ports and transportation infrastructure, especially in regions like Alaska which play a crucial role in military logistics and power projection.

Transcript Highlights:

• What's your asset inventory?
• , good, excellent, bad—and finally, what is the utilization of the assets?
• What's your asset inventory?
• , good, excellent, bad—and finally, what is the utilization of the assets?
• <01:07:23.640> inventory do you have what's your asset inventory do you have what's your asset

Keywords: 910, house, all

Summary: The House Committee on Education met on February 6 at 2:00 p.m. and heard testimony on a series of education-related bills. HB 1200, which would codify teacher ratios in statute, drew support from the Department of Education, the Democratic Party of the Education Caucus, and 11 individuals; no opposition was noted and the committee moved on without questions. HB 1344, concerning mandatory FAFSA completion, received testimony from the Department of Education, Hawaii P20, and a University of Hawaiʻi student who cited unclaimed Pell Grant funds and low FAFSA completion rates as reasons to support the bill. Committee members asked about current outreach efforts, and DOE and P20 described FAFSA tracking data, hotlines, email support, school-based FAFSA nights, and coordination with counselors; members also raised concerns about federal education funding and Pell Grants. The committee then heard HB 1499, which would authorize staff and volunteers to administer certain medications. The Department of Education, Department of Health, University of Hawaiʻi nursing leadership, and the Hawaii State Center for Nursing all testified in support, along with several individuals and the Democratic Party Environmental Caucus. The next measure, HB 902 on the Public Safety Power Shutoff program, was supported by DOE, the Public Utilities Commission, and Hawaiian Electric, but it prompted extensive questioning from the Vice Chair about whether taxpayers should fund a study to help schools remain open during shutoffs. Hawaiian Electric said the bill would help DOE assess impacts in wildfire-risk areas and noted its wildfire safety strategy, outreach efforts, and potential community resource centers, while the Vice Chair argued the utility should bear more of the cost. The committee also heard HB 961, a bill on school libraries and a CASS pilot program, with DOE offering comments and HSTA and the Hawaii Library Association strongly supporting it. HSTA argued certified librarians are important for literacy, research, and digital literacy, and said many schools lack them because of cost; the association and 14 individuals testified in support. HB 962, a related bill on DOE libraries and the system, also drew support from DOE, HSTA, and the Hawaii Library Association, with 15 individuals in support. Finally, HB 730, concerning the Civil Rights Compliance Branch, received support from DOE, White Children’s Action Network, AAW of Hawaiʻi, and many individuals. Testifiers said the branch needs more resources and training and handles more than Title IX, including Title VI, Title VII, and ADA matters. A student plaintiff in a Title IX lawsuit described unequal treatment in athletics and facilities, and another supporter said the bill would help ensure compliance with federal civil rights laws. No votes were taken during the portion of the meeting provided.

Transcript Highlights:

• , including work assets.
• And again, this is a pilot program for simple divorces, for people who don't have a lot of assets.
• Oh, it was asset division recommendation. Mr.
• And so I do think that we do need to include assets in there.
• The spousal and assets are going to be very simple.

Bills: HB2311, HB2371, HB2409, HB2410, HB2456, HB2457, HB4005

Keywords: artificial intelligence, disclosure requirements, data privacy, minor protection, online safety, HB2371, Arizona divorce, family law, dissolution of marriage, AI arbitration, AI-assisted arbitration, automated dispute resolution, online arbitration, binding determination, recommendation, superior court appeal, de novo review, marital dissolution, spousal consent, minor children

Transcript Highlights:

• , to take, to use, to manipulate their assets, to take their intellectual property and park it abroad
• They provide not only knowledge, great assets to California, but they also pay taxes.
• California's fairgrounds are valuable public assets.
• Ultimately, this is about leveraging private capital to strengthen public assets and deliver lasting
• Ultimately, this is about leveraging private capital to strengthen public assets and deliver lasting

Summary: The Assembly Committee on Revenue and Taxation heard several bills dealing with tax policy, local revenue authority, consumer protections, and incentives for development. AB 1726 would create catastrophe savings accounts for homeowners to save pre-tax dollars for disaster mitigation and recovery costs; it drew support from the Department of Insurance and the California Bankers Association, while the California Teachers Association opposed it because of the General Fund and Prop. 98 impact. The bill was referred to suspense. AB 1768 would authorize Los Angeles and Contra Costa counties to ask voters to approve local transaction and use taxes to offset projected federal funding cuts affecting health care and safety-net services; it received broad support from health providers and county representatives, opposition from one member and a resident, and passed the committee 5-2 to the Assembly Local Government Committee. The committee also considered AB 1790, which would repeal the Waters Edge corporate tax election and require worldwide combined reporting for multinational corporations. The author and supporters argued it would close a loophole, raise several billion dollars annually, and help fund schools, Medi-Cal, and other programs; opponents warned of double taxation, compliance burdens, retaliation from foreign governments, and job losses. After extensive testimony and member debate, the bill was referred to suspense. AB 2020 would provide a full property tax exemption for the primary residence of 100% disabled veterans and surviving spouses, and AB 2069 would create a targeted sales and use tax exemption to spur development projects at fairgrounds; both measures had support from sponsors and related organizations, no opposition, and were referred to suspense. Finally, AB 2705 would regulate third-party “asset finders” who help claim excess proceeds from tax sales by requiring written agreements, disclosure that claims can be filed free with the county, and a cap on fees at 10%. County officials and local government groups supported the bill as a consumer protection measure, while recovery companies and related firms opposed it, arguing the work is complex and the cap would reduce access to services. The committee moved AB 2705 to the Assembly floor on a 4-0 vote.

Transcript Highlights:

• Well, stablecoin, first of all, is a type of digital asset that's designed to maintain a steady value
• But what I do know is the longevity of this asset class has proven itself very worthy to invest in.
• Cryptocurrencies and particularly Bitcoin are no longer fringe assets.
• In fact, they represent a major... ...and particularly Bitcoin are no longer fringe assets.
• , stable digital assets, not volatile startups and meme coins and things like that.

Summary: The Insurance and Banking Subcommittee met to hear and vote on several bills, with all measures reported favorably. The first major item was PCS for HB 175 on payment stablecoins, which would create a Florida regulatory framework aligned with the federal GENIUS Act so issuers can choose state regulation instead of federal licensing. Members asked extensive questions about how stablecoins differ from other digital assets, whether Florida would need federal approval, and what impact the bill would have on the Office of Financial Regulation; the sponsor and OFR said the state framework would mirror federal standards and that any workload increase was currently indeterminate. The PCS passed unanimously after testimony from OFR and the Florida Blockchain Business Association in support. The committee then approved CS for HB 961, which streamlines electronic signature requirements for salvage titles and certificates of destruction, and HB 1415, a DFS stablecoin pilot program allowing certain stablecoins to be used for licensing and regulatory fees. HB 1415 was amended to remove authority for a Florida coin, limit the pilot to established stablecoins with at least $1 billion market cap, and require secure custody through a public depository or custodial bank. Members discussed how any interest or revenue would be used, with sponsors saying the pilot was still exploratory and intended mainly to cover program costs. Both bills passed favorably. HB 1039, establishing a state cryptocurrency reserve, also passed after a strike-all amendment moved administration of the reserve from the CFO’s office to the State Board of Administration and tightened eligibility to cryptocurrencies with a $100 billion market cap over the prior 12 months. Supporters argued the bill would create a framework for future diversification and investment in established digital assets, while several members raised concerns about volatility, reporting frequency, and the meaning of new terms such as qualified liquidity provider and secure custody solution. The committee also passed CS for HB 951 on penny rounding for cash transactions, with an amendment clarifying cash transaction definitions and treating money orders and gift cards like credit-card transactions for rounding purposes.

Transcript Highlights:

• but not the asset standard.
• So there are lots of potential exemptions for assets like a... to $967 per month.
• but not the asset standard.
• So there are lots of potential exemptions for assets like a $529.
• And then individuals who don't meet the asset standard can spend their assets down in order to become

Summary: The Ways and Means Committee held a work session to review how H.R. 1 (the One Big Beautiful Bill Act) could affect Washington’s Medicaid, long-term care, developmental disabilities, and food assistance programs, with a focus on implementation challenges, fiscal impacts, and likely coverage losses. Staff and agency officials explained Washington’s Medicaid financing structure, eligibility categories, caseload trends, and the role of the Health Care Authority and DSHS in administering Apple Health and related services. They also described how Medicaid expansion increased access to behavioral health services and how H.R. 1’s provisions are expected to affect the expansion population most directly. Health Care Authority and DSHS officials outlined several major H.R. 1 changes: new work and community engagement requirements for the Medicaid expansion population, six-month redeterminations instead of annual renewals, changes to immigrant eligibility, limits on provider taxes and state-directed payments, new cost-sharing requirements, reduced retroactive coverage, and changes affecting long-term care eligibility. They said Washington is still awaiting federal guidance on many details, but estimated that about 620,000 Apple Health expansion enrollees could be subject to work requirements, that roughly 30,000 immigrants could lose Medicaid eligibility under the new definition of qualified alien, and that some long-term care and developmental disability clients could be indirectly affected. Officials also said the state is working with other agencies to build shared verification systems and may seek a delay waiver, though they do not expect broad federal flexibility. The committee also heard that H.R. 1 immediately blocks Medicaid reimbursement for Planned Parenthood services for one year, with the state planning to backfill about $11 million to preserve access. In addition, officials warned that the law could reduce federal Medicaid revenue by billions over time and strain hospitals and emergency rooms as more people become uninsured. They noted that Washington’s rural health transformation grant application is due November 5 and could bring some funding, but not to offset coverage losses. No votes were taken; the session was informational only. The committee then heard a separate presentation on food assistance, where staff and DSHS described H.R. 1’s SNAP changes, including expanded work requirements, immigrant eligibility restrictions, higher state administrative costs, and a possible future state share of benefit costs tied to payment error rates. DSHS estimated a four-year fiscal impact of about $750 million for food assistance changes and said the state is working on system and policy changes across agencies before the new requirements take effect.

Transcript Highlights:

• Part of our safety culture is keeping our underground assets safe.
• With all the underground assets in Texas, it's time to update the law.
• Asset protection and water loss mitigation are core priorities for SAWS.
• Where water utility assets are typically confined to the public right away.
• as a locate asset service request, or more importantly, the individual that's made the request. we'll

Keywords: 1184, house, all