Video & Transcript : 'fiduciary' :

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MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/12/25

Commerce Finance and Policy

Transcript Highlights:
  • real estate agent, in your insurance agent, and all of these folks, but is there really any true fiduciary
  • real estate agent, in your insurance agent, and all of these folks, but is there really any true fiduciary
  • really<01:41:45.480><c> any</c><01:41:45.719><c> true</c><01:41:46.280><c> like</c><01:41:46.800><c> fiduciary
  • </c><01:41:47.679><c> duty</c><01:41:48.400><c> to</c> really any true like fiduciary duty to really
  • any true like fiduciary duty to make<01:41:48.880><c> sure</c><01:41:49.800><c> that</c><01:41:50.440
Bills: HF1865 , HF2014 , HF2028
MO

Missouri 2026 Regular Session

Crime and Public Safety Apr 28th, 2026

Crime and Public Safety

Transcript Highlights:
  • When a mayor doesn't appoint anybody to the board, there's two missing, and we have a fiduciary responsibility
Summary: The committee on Crime and Public Safety met with nine members present and held public hearings on three bills. Senate Bill 1652, sponsored by Sen. Angela Mosley, would create a permanent office in the Missouri Department of Public Safety focused on missing and murdered African-American women and girls, including a Phoenix Alert system, data collection, cold-case review, and support for families and community groups. Supporters, including family members and advocates, described disparities in how missing Black women and girls are reported and investigated, often being labeled as runaways and lacking photos or media attention; some members raised concerns about whether the office should be broader, but the sponsor and supporters argued the disparity justified a dedicated office. No vote was taken on the bill in this hearing. Senate Bill 1572, sponsored by Sen. Mike Henderson, would change the St. Louis Police Retirement System board by staggering the mayoral appointments and limiting three board seats to actively commissioned officers elected by active members, with travel time provided for board duties. The sponsor and witnesses said the change was needed because vacancies and illness had previously prevented a quorum and delayed board action; testimony noted the bill had unanimous support in the Senate and House committee. The hearing then moved to House Bill 3533, which would raise casino admission fees and gaming taxes and adjust related revenue provisions. The sponsor said the bill would generate additional revenue for state funds, while the Missouri Gaming Association and Missouri Chamber of Commerce opposed it, arguing the fee and tax increases would burden a specific industry and could affect investment and competitiveness. The sponsor and some members discussed inflation, illegal gaming machines, and whether the admission fee is effectively paid by casinos rather than patrons; no committee vote was taken in the transcript.
MO

Missouri 2026 Regular Session

Crime and Public Safety Apr 28th, 2026

Crime and Public Safety

Transcript Highlights:
  • When a mayor doesn't appoint anybody to the board, there's two missing, and we have a fiduciary responsibility
ID

Idaho 2026 Regular Session

Feb 17th, 2026

State Affairs

Transcript Highlights:
  • The Land Board had a fiduciary responsibility to the beneficiaries up to the point where, if the land
Committee: House State Affairs
FL

Florida 2026 5th Special Session

Rules Jan 27th, 2026

Transcript Highlights:
  • Since I am under a fiduciary responsibility to the owner of the home that I’m building it for,” Edwin
Summary: The Committee on Rules met with a quorum and took up a long agenda of bills, most of which were reported favorably. Early measures included CS/SB 62 on candidate qualification, which would allow qualified candidates or political parties to sue over violations of party-affiliation qualification requirements, and CS/SB 156, the Officer Jason Raynor Act, which would clarify resistance-to-officer language and impose a mandatory life sentence for manslaughter committed against a law enforcement officer. SB 156 drew strong support from the City of Daytona Beach and law enforcement groups, while the Florida Association of Criminal Defense Lawyers opposed parts of it, arguing the bill removed existing limits on force and erased sentencing distinctions. The committee also approved several open-government sunset review bills, including CS/SB 7014, SB 7016, CS/SB 7012, SB 7000, SB 7002, SB 7004, SB 7006, and SB 7008, all of which extend or preserve public records or meeting exemptions for topics such as social media investigations, small business loan records, motor vehicle enforcement records, emergency shelter information, military affairs records, conviction integrity unit materials, Public Service Commission proceedings, and Gaming Control Commission records. The committee also approved SB 624, allowing batterers’ intervention programs to offer optional faith-based activities, with supporters saying faith-based counseling can help reduce domestic violence and opponents not appearing in the excerpt. HB 167 on former phosphate mining lands was reported favorably after supporters from the Florida Chamber and Associated Industries backed the bill, which limits strict liability claims involving natural geological substances on former phosphate mines but not phosphogypsum stacks. CS/SB 48 on housing, as amended, would require local governments to allow accessory dwelling units, limit certain local barriers, and extend housing incentives; it drew broad support from housing, business, real estate, and advocacy groups. SB 288 on rural electric cooperatives, CS/SB 364 on CPA licensure modernization, SB 292 on public records protection for appellate court clerks, CS/SB 296 and CS/SB 298 on domestic and dating violence protections and related public records exemptions, and SB 386 on farm equipment warranty protections were also reported favorably, generally with supportive testimony from affected industries, advocacy groups, or public safety stakeholders. Later, the committee approved SB 168 expanding public nuisance law to include gambling houses and increase penalties and enforcement tools. It also heard but temporarily postponed CS/CS/SB 290 on the Department of Agriculture and Consumer Services after the chair allowed public testimony because many stakeholders had traveled to attend; one opponent, a longtime builder, argued the bill could criminalize contractors who withhold payment for deficient subcontractor work. The meeting concluded with members recording additional votes on selected bills and then adjourning.
FL

Florida 2026 Regular Session

Rules Jan 27th, 2026

Rules

Transcript Highlights:
  • Under a fiduciary responsibility to the owner of the home that I'm building it for, it is my responsibility
Bills: S0062 , S0156 , S0168 , S0288 , S0290 , S0292 , S0296 , S0298 , S0364 , S0386 , S0624 , S7004 , S7006 , S7008 , S7012 , S7014 , S7016
Committee: Senate Rules
Summary: The Senate Committee on Rules met with a quorum present and considered a long agenda of bills, many of which were reported favorably. Early action included CS for SB 62 on candidate qualification, which would create an enforcement mechanism for party-affiliation qualification requirements, and CS for SB 156, the Officer Jason Raynor Act, which would clarify resistance-to-officer language and add mandatory life imprisonment for manslaughter committed against a law enforcement officer. SB 156 drew strong support from the City of Daytona Beach and law enforcement groups, while the Florida Association of Criminal Defense Lawyers opposed parts of the bill, arguing it removed useful limits on force and imposed overly rigid sentencing. The committee also approved several open-government sunset review bills, including measures extending exemptions for social media platform investigations, small business loan program records, Department of Highway Safety and Motor Vehicles investigatory records, emergency shelter recipient information, Department of Military Affairs records, conviction integrity unit reinvestigation information, Public Service Commission records and meetings, and Florida Gaming Control Commission records and meetings. The committee also advanced CS for SB 624, allowing batterers’ intervention programs to offer optional faith-based activities, with supporters saying faith-based counseling can help reduce domestic violence and no participant would be required to take part. Other approved measures included HB 167 on former phosphate mining lands, which limits certain liability claims if notice and survey requirements are met; CS for SB 48 on housing, which requires local governments to allow accessory dwelling units and was amended to remove hearing and variance requirements and clarify local ordinance obligations; SB 288 on rural electric cooperatives, described as a negotiated glitch bill preserving co-op authority over generation and power purchases; and CS for SB 364 on public accountancy, which creates additional CPA licensure pathways and mobility provisions. The committee also approved SB 292 creating a public records exemption for appellate court clerks and their families, despite some opposition votes. Later, the committee passed CS for SB 296 and CS for SB 298, which expand protections for victims of domestic violence and dating violence by creating a feasibility study for a secure web-based 911 alert platform and extending address confidentiality and public records protections to dating violence, stalking, and aggravated stalking victims. SB 386 on farm equipment, described as a “lemon law” for tractors and similar equipment, also passed. Additional open-government bills were approved for emergency shelter recipients, military affairs records, conviction integrity unit materials, PSC records, and gaming commission records. SB 168 on public nuisances was reported favorably as well. One bill, CS for CS for SB 290 on the Department of Agriculture and Consumer Services, was temporarily postponed after extensive stakeholder testimony; the chair allowed public comment but no vote was taken, and the sponsor indicated ongoing discussions and possible changes. At the end of the meeting, senators recorded several individual votes for the record, and the committee adjourned.
FL

Florida 2025 Regular Session

April 7, 2025 - 03:30 PM

Transcript Highlights:
  • It was not carried through fiduciary, and the dollars were returned back to the department, and the database
Summary: The Health and Human Services Committee heard and passed several bills. HB 293 would codify the Office of Faith and Community in the Executive Office of the Governor, create a liaison and advisory council, and was supported by faith-based and nonprofit groups; some members questioned possible duplication with existing services and the source of any future funding, but the bill passed 24-0. CS/HB 547 would create an exception to the 30-day notice requirement before hospitals and ambulatory surgical centers sell medical debt when the debt buyer agrees not to use interest, fees, or extraordinary collection actions and must return charity-care-eligible debt; it passed unanimously after brief support testimony. CS/HB 1553 would require reporting of uterine fibroid data to the Department of Health to create a de-identified public database and reauthorize funding for implementation; it also passed 24-0, with members noting the earlier database mandate had not been carried out. The committee then took up CS/HB 1195, “Gage’s Law,” which would require hospitals and hospital-based emergency departments to test for fentanyl in urine drug screens for suspected overdose or poisoning cases. The bill was presented as a response to overdose deaths and the need to better detect fentanyl, and emotional testimony from a parent described a son’s death after a hospital did not test for fentanyl. Members from both parties spoke in strong support, emphasizing stigma, the need for better treatment and data, and the potential to save lives; the bill passed 24-0. CS/HB 47 on child care and early learning providers would streamline inspections, speed background screening, offer free online training/testing, update definitions, protect certain family child care homes from insurance issues, and create a license-exempt category for employer-provided child care; after questions about parent notice, database listing, background checks, and insurance, an amendment was adopted and the bill passed 24-0 as amended. Finally, CS/HB 647 would allow advanced practice registered nurses to sign death certificates in hospice settings, addressing delays that can leave families waiting to complete burial arrangements. Support testimony came from advocacy and hospice groups, and members cited the bill’s importance for families and religious burial timelines. The bill passed 23-0. The committee then adjourned.
FL

Florida 2025 Regular Session

Banking and Insurance Mar 17th, 2025

Banking and Insurance

Transcript Highlights:
  • because I think that there is a training component that's very important if you're serving in that fiduciary
Summary: The committee heard and advanced several insurance, financial regulation, and public safety bills. The most extensive discussion centered on SB 1656, a major Office of Insurance Regulation bill covering reciprocal insurers, rate transparency, data calls, cybersecurity notification, and stronger oversight of continuing care retirement communities (CCRCs). The sponsor and OIR described the bill as aimed at transparency and preventing insolvencies, especially after recent CCRC failures. CCRC residents and industry representatives testified both in support and in opposition, with supporters emphasizing resident protection and opponents warning about liens, reserve requirements, management-company regulation, and higher costs. After debate and assurances that problematic provisions would be refined, the committee adopted a delete-all amendment and then reported the bill favorably. The committee also passed SB 1658, which creates a public records framework for the uniform mitigation verification of inspection form database while protecting policyholders’ personal information; a clarifying amendment was adopted before the bill was reported favorably. SB 1612 on financial institutions was approved after a substitute amendment restored current limits on credit union investments and kept only reimbursement, not salary, authority for certain board members and officers. SB 1740, an insurance bill intended to reduce premiums and insurer insolvency risk, was amended to prioritize rate-decrease filings and prohibit claim denials based solely on AI, then reported favorably. Two public-safety bills also moved forward. SB 1212 on firefighter health and safety would update OSHA-related protections, address toxic exposure in gear, encourage safer replacement equipment, and support best practices and mental health resources; an amendment refined terminology and added related provisions, and the bill was reported favorably. SB 1184 on residual market insurers was amended to preserve existing consumer protections and disclosure rules for excess and surplus lines and to clarify Citizens-related appointment requirements before being reported favorably. Throughout the meeting, members repeatedly noted ongoing stakeholder negotiations and intent to refine several bills further in later committee stops.
MN

Minnesota 2025-2026 Regular Session

House Floor Session Feb 24th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • So here we are, members, we have a bill on front of us that is going to, from a fiduciary perspective
US
Transcript Highlights:
  • build repair and maintain schools independently while ensuring the federal government meets its fiduciary
Summary: The committee meeting focused on crucial issues facing tribal nations, particularly emphasizing the federal government's trust and treaty obligations. The discussions highlighted ongoing challenges such as disparities in healthcare, education, and public safety within Native communities. Chair Murkowski underscored the importance of listening to Native leaders and aligning congressional efforts with community needs, advocating for legislative actions that support tribal sovereignty and economic development. Various initiatives, including the Tax Parity Act and the PROTECT Act, aimed at addressing jurisdictional and financial disparities, were discussed in detail. A call for bipartisan support to alleviate the funding shortages affecting Indian Health Services was made several times during the meeting. Testimonies from tribal leaders and representatives emphasized the dire need for legislative support to enhance infrastructure, healthcare access, and public safety initiatives in tribal communities.
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - Part 2 - 03/27/26

State and Local Government

Transcript Highlights:
  • want to act in ways that are not in accordance with the taxpayers of our state in protecting the fiduciary
  • 10.960><c> the</c> taxpayers of our state in protecting the taxpayers of our state in protecting the fiduciary
  • <02:30:12.520><c> um</c> fiduciary um fiduciary um or<02:30:13.480><c> bringing</c><02:30:13.920><c>
  • c> functions</c><02:30:16.920><c> of</c><02:30:17.040><c> government</c><02:30:17.520><c> to</c> fiduciary
  • functions of government to fiduciary functions of government to protect<02:30:18.240><c> people's</c
NH

New Hampshire 2025 Regular Session

House Finance Division III (03/12/2025)

Transcript Highlights:
  • They have no fiduciary duty to the employer or the plan sponsor; they simply administer that benefit.
  • They have no fiduciary duty to the employer or the plan sponsor; they simply administer that benefit.
  • /c><00:30:59.720><c> they</c><00:30:59.840><c> have</c><00:31:00.080><c> no</c><00:31:00.320><c> fiduciary
Summary: The working session focused on the New Hampshire Prescription Drug Affordability Board’s budget request and its recent work. Early discussion centered on a technical question about a statutory dedicated fund for donations: members asked why the budget did not show a line item for accepting donations, and DHHS CFO Nathan White explained that the statute already authorizes the fund, but because no revenue has been received yet, it does not appear in the budget. He said any future donations would go through the normal process under RSA 14:30-a, with fiscal committee and Governor and Council approval and a memo to the Department of Revenue Administration. The chair clarified that the account was not a prerequisite to soliciting donations, and White said the fund would supplement, not replace, General Fund support. Kirk Williamson, the board’s executive director, then presented the board’s mission and budget. He said the governor’s budget provides about $256,500 in the first year and slightly more in the second, all General Funds, and that the board had distributed a technical amendment to continue the executive director position. He described the board’s role as analyzing prescription drug costs, identifying savings opportunities, monitoring market trends, promoting transparency, and making recommendations to the legislature and public payers. He also emphasized that the board operates publicly, with live-streamed meetings and a stakeholder advisory council that includes unions, state agencies, Medicaid, corrections, higher education, and other stakeholders. A major topic was the board’s estimate of $6 million in potential savings, based on Medicare’s newly negotiated prices for 10 drugs. Williamson explained that the board used those federal negotiated prices as a benchmark to estimate what New Hampshire public payers might be missing by not having similar leverage, and said the board is trying to build evidence for future recommendations rather than directly setting prices. Members asked how those potential savings could become actual savings, and Williamson said the board is sharing findings through its advisory council and feedback loops, though it has not yet sent a formal recommendation letter to specific purchasers. He also discussed the difference between pharmacy-benefit spending, which relies heavily on PBM-negotiated rebates, and medical-benefit spending, which is administered differently and is being added to the board’s next report. Williamson highlighted other work, including a model on Humira and a pending legislative effort to improve biosimilar competition, plus a proposed state-backed pharmacy savings card that would be no cost to the state and could save users about $240 per prescription based on Connecticut’s experience. No votes were taken during the session.
HI

Hawaii 2025 Regular Session

WAL Public Hearing - Thu Feb 13, 2025 @ 9:30 AM HST

Water & Land

Transcript Highlights:
  • 00:32:14.559><c> same</c><00:32:14.840><c> public</c><00:32:15.080><c> trust</c><00:32:15.440><c> fiduciary
  • </c><00:32:16.080><c> duties</c> the same public trust fiduciary duties the same public trust fiduciary
Committee: House Water & Land
Summary: The committee on Water and Land met on February 13, 2025, and heard testimony on a series of housing, land, and resource bills. Early bills included HB 743 on fiscal sustainability, HB 1318 on affordable housing, and HB 1409 on the Transit-Oriented Development Infrastructure Improvement District Board. Testimony on the housing measures was largely supportive from agencies and advocacy groups such as the Office of Planning, Hawaii Housing Future, Hawaii Appleseed, Catholic Charities, and the County of Kauai, while the Department of Land and Natural Resources (DLNR) raised concerns on HB 1318 about public trust duties for ceded lands. On HB 1409, members questioned whether the bill needed updating in light of a separate bill changing the board structure, and witnesses said the measure did not change funding but only the board’s mission and scope. The committee also heard HB 1410, which would create a supportive housing special fund. Supporters, including Catholic Charities, the Hawaii State Council on Developmental Disabilities, and Hawaii Appleseed, argued that predictable dedicated funding is needed for supportive housing, social services, and long-term homelessness solutions. The Tax Foundation of Hawaii opposed tax earmarks in general, saying they subvert the constitutional budgeting process. Members asked how the fund would be administered and who could access it; witnesses said HHFDC and the counties would coordinate the process, but DLNR noted the bill did not provide additional administrative capacity and suggested language to address that. Later bills included HB 528 on residential leaseholds, HB 1359 on flood mitigation, HB 1087 on historic preservation reviews, HB 868 on disabilities, and HB 1323 on transfer of non-agricultural park lands. HB 528 drew limited testimony, with a Catholic Charities/Hawaii Public Housing Authority representative offering a general example of leasehold development but saying the bill’s exemptions had not been discussed in detail. HB 1359 prompted discussion of homeowner and county responsibilities for drainage and flood damage, with DLNR saying private owners are responsible for drainage on private property and counties for county roads. HB 1087 was supported by DHHL, which said historic preservation reviews currently take about 165 days and the bill could improve timeliness, while Hawaii Historic Hawaii Foundation opposed it. HB 868 drew support from the Disability Rights Center and DCAB, with testimony focusing on beach access and the need for clearer legal authority. On HB 1323, DLNR opposed the bill, saying it did not reflect Act 90 and that some agricultural parcels should remain under DLNR for conservation, watershed, recreation, or fire protection reasons; DOA, Hawaii Farm Bureau, and Hawaii Cattlemen’s Council supported the measure, arguing that productive agricultural lands should be transferred to agriculture to protect local food production and family ranches.
NH

New Hampshire 2025 Regular Session

Senate Executive Departments and Administration (02/05/2025)

Executive Departments and Administration

Transcript Highlights:
  • David's already hit on it, but the first one is, firstly, the breach of fiduciary duty of the Department
  • I served in many roles that included fiduciary responsibilities, facilitation, and as a board liaison
  • I served in many roles that included fiduciary responsibilities, facilitation, and as a board liaison
  • I served in many roles that included fiduciary responsibilities, facilitation, and as a board liaison
  • </c><01:58:39.239><c> responsibilities</c> included fiduciary responsibilities included fiduciary responsibilities
LA
Transcript Highlights:
  • “Because, you know, the fiduciary responsibility as a board member and why we brought you here is to
Summary: The Senate and Governmental Affairs Committee met on May 6, 2026, approved the April 28 minutes, and heard several bills before moving into confirmation hearings. HB 205, by Rep. Bacala, would allow local governing authorities to supplement election commissioners’ pay by up to $100 per day; supporters from clerks of court and the Secretary of State’s office said the increase is needed to recruit and retain qualified commissioners amid longer days, training demands, and election security changes. The committee also reported HB 210, a cleanup bill clarifying retroactive application of a prior ethics law, and HB 228, which recreates the Department of State Civil Service and related entities through 2033. It likewise reported SR 86, which bars eyeglasses with audio/video recording capability in the Senate chamber without the Senate President’s permission, and HB 1177, which protects the identities of lottery hunt winners until after the drawing. HB 1045, limited to Pointe Coupee Parish, raises an audit threshold for certain water districts from $500,000 to $600,000 to reduce audit costs, and HB 813 would move Orleans Parish sheriff terms so the sheriff takes office in January instead of waiting until May; all were reported favorably. Senator Miller also announced that SB 491 would not be taken up that day. The committee then questioned nominees to the Southeast Louisiana Flood Protection Authority East. The first group, including Peter Vicari and Ronald Schumann, was asked extensively about recent personnel actions, an internal investigation, and the authority’s handling of a report that members said would likely be released after a board vote. Senators focused on the firing of the chief of police/operations personnel, allegations of payroll fraud, and whether the authority had improperly combined the chief of police role with compliance duties in a way that may conflict with statute and Civil Service guidance. Committee members also raised concerns about the chief’s contract, whether it had board approval, and whether the authority’s bylaws and salary practices complied with law. The nominees and counsel said some matters were still under review and that a separate compliance position was being considered. The committee later heard from additional nominees, including David Martin, Gregory Marsiglia, and Elton Jude Myers, who described backgrounds in engineering, law, procurement, and governmental contracts. Senators again pressed them on the need to separate compliance/auditing duties from the chief of police role, and the nominees generally agreed that those functions should be distinct and that the authority should have qualified auditing expertise. The meeting ended with no public comment and adjournment after the confirmation discussion.
AZ

Arizona 2026 Regular Session

02/19/2026 - Senate Health and Human Services

Senate Health and Human Services COR

Transcript Highlights:
  • sure those who are advising patients are licensed brokers or navigators, and so they're acting in a fiduciary
Summary: The committee heard and voted on several health and human services bills. SB 1192 would exempt good-faith basic first aid given without compensation from Arizona Medical Board licensure requirements, with added consent and law enforcement notification rules for injured minors; an amendment clarifying that the bill does not limit existing liability protections was adopted, and the bill passed 5-2. SB 1398 would require AHCCCS to redetermine eligibility for members over 21 every six months and report eligibility data annually; AHCCCS testified it would create significant administrative costs and that the bill lacked federal-population exemptions and an appropriation, while supporters argued it was needed for transparency and fraud detection. The committee adopted a technical amendment and passed the bill 4-3. SB 1399 would require prepaid capitated AHCCCS contractors to report spending on direct patient care versus administrative costs; supporters framed it as taxpayer accountability, and it passed 6-1. The committee also considered SB 1494, a strike-everything amendment making it a felony for providers, institutions, or drug manufacturers to pay premiums or otherwise steer enrollees to change health plans for financial gain, while exempting licensed insurance producers. Blue Cross Blue Shield and brokers supported the anti-patient-brokering goal, but ARMA warned the language was too broad and could chill ordinary provider-patient conversations and navigator/social worker assistance. The committee adopted the striker and passed the bill 4-3, with several members saying they wanted to refine the language on the floor. SB 1813 would remove the Maricopa County 55-bed cap at the Arizona State Hospital and require admission based on clinical need; supporters said the cap is outdated and leaves beds unused, while ADHS and others warned about rural access, fiscal costs, and possible litigation under Arnold v. Sarn. The committee adopted an amendment removing a citizenship requirement and passed the bill 5-2. Later, SB 1821 passed 6-1. It would let JLBC audit teams review DCS’s case-management system, allow unannounced inspections of licensed group foster homes, prioritize placement with relatives or other significant adults, and require newly hired child safety workers to train for a year under experienced staff. Finally, SB 1557 would require signed informed consent before medical interventions except in emergencies; supporters said it simply codifies standard practice, while the ACLU argued the bill lacked clear standards and could create burdens for ongoing or controversial care. The committee passed SB 1557 4-3 and then adjourned after completing its agenda.