Transcript Highlights:

• So, health professional student loan repayment program, nursing student loan repayment program, actual
• A couple of questions here on this general section talking about...” “Yeah, good afternoon.
• Well, I haven't got to look up these sections yet. So I'm trying to hit it on the fly.
• I'll look up these sections, and if I have any more questions, I'll come to you. So thank you.
• On page 238 is a new decision item for the student loan repayment federal authority increase.

Committee: House Budget

Transcript Highlights:

• This is a payday loan for BART. SB 117 is simple.
• That again is a payday loan.
• ACA 7 by Assembly Member Jackson.
• I rise to present ACA 7, a Black Caucus priority bill to clarify Section 31A of the California Constitution
• Speaker, I rise in strong opposition to ACA 7.

Summary: The Assembly convened, established a quorum, and opened with a prayer and pledge that reflected on Japanese American incarceration during World War II and recent storm-related losses in California. The chamber then handled routine procedural matters, guest introductions, and several consent and file items before moving to floor debate on a series of resolutions and budget measures. The main policy item was HR 82, declaring February 19, 2026, a day of remembrance for the incarceration of Japanese Americans. Members from both parties and several caucuses spoke in support, emphasizing the injustice of Executive Order 9066, the importance of remembering civil liberties failures, and the need to guard against similar abuses today. The resolution drew some criticism of its rhetoric toward federal law enforcement, but after debate the Assembly added 72 coauthors and adopted HR 82 by voice vote. The chamber also adopted ACR 128, a resolution recognizing solidarity with Ukraine, and later passed ACA 7, a constitutional amendment related to government preferences, after a partisan debate over whether it would restore or prohibit discrimination. The Assembly also took up two budget-related concurrence items. AB 107, described as technical and conforming changes to the 2025 Budget Act and adjustments related to Proposition 4 projects, passed concurrence 59-3 and was sent immediately to the Governor. AB 117 authorized the Metropolitan Transportation Commission to borrow up to $590 million from already awarded transit capital funds to support operating costs for BART, Muni, AC Transit, and Caltrain; supporters called it a bridge loan to stabilize transit, while opponents called it a bailout lacking accountability. The measure passed concurrence 52-16 and was also transmitted to the Governor. The session ended with adjournments in memory of former Long Beach Mayor Bob Foster, with members praising his leadership in city government, energy policy, and clean energy development. The Speaker then announced the bill introduction deadline and the next floor session date before adjourning the Assembly until Monday, February 23, 2026.

Transcript Highlights:

• Assembly Member Wicks, aye. 7 to 1. All right, 7 to 1. That bill is out. Thank you.
• So, HCD makes a loan to a project, but these are what we call soft loans.
• The developers don't generally make any payments during that loan for the 55-year term of the loan.
• Payments during that loan for the 55-year term of the loan.
• Wilson, 7 to 1. Correct. 7 to 1 so far. Item number 10, AB 806. Garcia, Colra, aye. Callra, aye.

Summary: The Assembly Committee on Housing and Community Development heard a long agenda focused mainly on housing production, higher education facilities, homelessness, and permitting reform. Early items included AB 6, which would direct HCD to convene a working group on allowing three- to ten-unit “missing middle” housing to be built under the Residential Code rather than the Building Code; AB 48, a higher education bond proposal that would fund campus repairs, modernization, disaster recovery, and student/employee housing; and AB 76, which would clarify a Chula Vista university innovation district exemption so the project can include academic buildings and housing without conflicting with surplus land rules. Supporters emphasized affordability, cost savings, student housing needs, and access to education, while members raised questions about implementation, affordability requirements, and project scope. The committee later took votes on these items, with AB 6, AB 48, and AB 76 all moving forward on unanimous or near-unanimous votes to Appropriations. Members also heard AB 595, which would create a state homeownership tax credit pilot to support affordable for-sale housing. The author and supporters argued that California’s homeownership rate is at historic lows and that the bill would help close racial wealth gaps by financing homes working families can buy. The committee approved AB 595 and sent it to Appropriations. The consent calendar, including several other housing-related bills, was also approved unanimously. A major portion of the hearing was devoted to AB 1165, the California Housing Justice Act of 2025, which would require ongoing state investment and a financing plan to address homelessness and housing affordability. The author and witnesses described the scale of homelessness, the limits of one-time funding, and the need for sustained, accountable funding streams. After testimony from housing advocates and people with lived experience, the committee passed AB 1165 on a 10-0 vote to Appropriations. Finally, the committee heard AB 609, a CEQA reform bill that would create a simplified exemption for qualifying infill housing projects in already developed areas. Supporters framed it as a targeted way to reduce delays and costs for housing near jobs and transit, while opponents from environmental justice, labor, and tribal groups warned it could reduce public participation, weaken protections for disadvantaged communities, and create consultation concerns for tribal cultural resources. The author said the bill would not change zoning or affordability tools and would continue to work with opponents on amendments. The bill was moved forward after extensive discussion, with members noting ongoing negotiations on tribal consultation and labor concerns.

Transcript Highlights:

• Moving along to Section 6.
• The new Section 9, talked.
• And Section 7 deals with the authority to use the $20 million line of credit that we extended them last
• Moving on into Section 7 is just language that we are proposing for both the $317,500, which is for finishing
• I need some clarification, because I thought I heard you say in Section 7 that the $1,700,000...

Summary: The Senate opened with prayer, the Pledge of Allegiance, and a quorum call, then approved journal corrections and moved to elect Senator Kyle Davison as President Pro Tem. Davison was nominated, elected by unanimous ballot, escorted to the rostrum, sworn in, and gave remarks thanking his family, colleagues, and faith, emphasizing relationships, service, and stewardship. The chamber also recognized National Public Health Week with a floor statement honoring public health workers and training programs, and that statement was ordered printed in the journal. The Senate then considered several House bills, beginning with HB 1485, which increases the personal needs allowance for Medicaid residents in certain facilities by $15 per month and indexes it to inflation; the amendment was adopted and the bill passed 46-1. HB 1018, the State Historical Society budget, was amended to adjust one-time and ongoing funding for museum exhibits, repatriation compliance, archives storage, local historic grants, and the military gallery project, then passed 42-0 with one senator excused from voting due to a conflict. HB 1181, defining gender in state code as an individual’s sex and removing a broader application section, passed 41-6. HB 1144, adding a penalty and enforcement mechanism related to transgender student accommodations and restroom use in public schools, passed 40-7 with its emergency clause. The Senate also passed HB 1600, creating an immigration law clinic at the University of North Dakota School of Law and shifting its funding to the strategic investment and improvements fund, by 34-13. HB 1019, the Parks and Recreation budget, was amended to fund deferred maintenance, technology, sewer work, matching grants, and other park projects, add language requiring legislative approval for new or renamed state parks, and clarify use of the Teddy Roosevelt Presidential Library line of credit; a proposed amendment to remove funding for the International Peace Gardens cactus conservatory failed 20-27, and the bill then passed 39-8. HB 1417, dealing with parole/probation violations, court fees, and a study of criminal justice fees, passed 40-7 after amendments. The most extensive debate centered on HB 1450, which would require parent or guardian access to a minor’s medical exam room and notice of questions asked of the minor, with exceptions for emancipation and suspected abuse or trafficking. Supporters framed it as a parental rights and transparency measure, while opponents warned it could hinder screening for abuse, neglect, mental health concerns, and confidential care; multiple senators shared personal experiences on both sides. A proposed amendment to narrow the bill failed 21-26, and the transcript ends amid continued debate on the bill itself, with no final vote shown in the excerpt.

Transcript Highlights:

• We were proposed adding the following new section to Chapter 156C, which would read as Section 73: upon
• you enact the new Section 73 as I just read.
• Section 106.
• However, we ask that the committee reject the amended language to Section 7AB in Section 47 inserted
• However, we ask that the committee reject the amended language to Section 7AB in Section 47 inserted

Committee: Joint Joint Committee on Bonding, Capital Expenditures and State Assets

Summary: The House Bonding Committee met to hear testimony on H. 5527, the Mass Wins Act, with Secretary of Economic Development Eric Paley opening by describing the bill as a follow-on to Mass Leads. He said the proposal includes $305 million in bond authorizations, with $180 million for new programs and $125 million to expand existing ones, plus $140 million in deauthorizations of unused or redundant authorizations. He highlighted investments in applied AI and quantum, robotics, business expansion capital, defense innovation, global business attraction, ag tech and food science, downtowns, and the creative economy, and said the bill is intended to support geographic equity and small business growth across the Commonwealth. Committee members questioned the administration on several policy sections, including the MassCEC climate-tech certification language, housing-related provisions tied to 40B compliance and site plan review, the removal of the LCSW exam, AI transparency and federal preemption concerns, and the effect of lower LLC filing fees. Paley generally said some contested sections were added by the Economic Development Committee rather than the administration, defended the MassCEC discretion language as necessary for climate certification, and said the administration would follow up on committee-added provisions. He also said the bill’s housing provisions were meant to help address the state’s need for more homes and that the deauthorizations were housekeeping measures that did not affect current capital plan projects. Public testimony covered a wide range of topics. AARP and local advocates urged a statewide ban on cryptocurrency ATMs, arguing they are heavily used in scams, impose high fees, and drain money from seniors and local economies. Housing groups supported codifying site plan review and adding parking reform and YIGBY-style housing on faith-owned land. Building trades asked to include off-site fabrication in prevailing wage law. The Massachusetts Public Banking Campaign backed the bill and urged inclusion of a public bank concept. Several witnesses supported Section 106, the Transparency and Frontier AI Act, as a way to require safety plans, audits, incident reporting, and whistleblower protections for the largest AI companies, while an AI startup group argued the section would overregulate smaller firms and should be separated from the bond bill. No votes were taken during the hearing.

Transcript Highlights:

• They'll learn to spot ...bank account, file taxes, and evaluate a loan offer.
• Our scores declined by an average of 7% in the last 11 years.
• section: Section 11A, Item 1596.
• Decker of Cambridge moves to amend the bill by inserting after Section 11A the following section: Section
• Decker of Cambridge moves to amend the bill in Section 2 by inserting after paragraph 7 in lines 57 and

Summary: The House took up several procedural orders early in the session, including extending the reporting deadline for the Housing Committee on H.4655 and suspending Joint Rule 12 for a petition seeking to rescind prior Article 5 constitutional convention applications. It then advanced three Ways and Means bills on education-related topics: personal financial literacy education (H.4670), expanded access to the state seal of biliteracy (H.4671), and teacher preparation and student literacy (H.4672), each moving through amendment adoption and third reading or engrossment procedures. A major portion of the meeting focused on H.4670, which would require personal financial literacy instruction in middle and high school and establish a financial literacy trust fund for curriculum and teacher training. Members spoke in support, emphasizing budgeting, credit, student loans, and long-term financial planning, and the bill passed to be engrossed by a 154-0 roll call. H.4671, which broadens access to the seal of biliteracy for students in public and private schools, also drew support and passed to be engrossed 155-0. The most extensive debate centered on H.4672, a literacy bill requiring evidence-based reading instruction, DESE-approved curricula or approved local alternatives, screening and progress monitoring, professional development, and related implementation measures. Members described concerns about declining reading scores and argued for a shift away from three-cueing toward phonics-based, science-of-reading approaches. Several amendments were considered: a proposal to change intervention language from “significantly” to “at risk of falling behind” failed, while amendments adding funding language, stakeholder collaboration, and other implementation details were adopted. One amendment clarifying that pictures may be used as a supplement in literacy curricula was also adopted, and the bill ultimately passed to be engrossed 155-0. The House also observed moments of silence for former Judge Leslie Harris, former Representative Mark Carron, and former Representative Dennis Rosa, and adjourned to meet the next day at 11 a.m.

Transcript Highlights:

• Is that a loan? Is that a—?
• And grants in lieu of loans. Mr.
• Chairman, our next section would be Section 9. That's the GROW appropriations.
• Every other section, yeah.
• 5 to section 11.

Committee: House House Appropriations & Finance

Transcript Highlights:

• subdivision 47.20, subdivision 4a that governs the maximum interest rate charged for conventional loans
• Spaff, are you talking about the change in section one? This is a...
• I think we'll have a substantive change on how folks are buying loan products, but it's just allowing
• , like an auto loan, unsecured loan, or credit cards and different things.
• It's line 3.24; it's in the food correct section. When you cite that for me again, please?

Bills: HF2601 , HF2607 , HF2027 , HF2608

Committee: House Commerce Finance and Policy

Transcript Highlights:

• We had a savings and loan debacle in the 1980s. We had a meltdown in 2008.
• Section 6-200I specifically mentions a depository bank.
• Okay, that's out on a 7-0 vote.
• Okay, that's out on a 7-0 vote.
• And that's out on a 7-0 vote. And then the consent calendar. Aye. Petri-Norris, aye.

Summary: The Assembly Committee on Economic Development, Growth, and Household Impact heard several bills focused on trade, affordability, and public finance. AB 2745 (Fong) would update California’s international trade and investment strategy, add a public advisory process, and allow regional trade hubs; supporters from the California Asian Pacific Chamber of Commerce and California Forward said it would help California compete globally and attract investment, while no opposition testified. AB 2366 (Avila Farías) would require state agencies to analyze cost-of-living impacts when adopting regulations and direct the LAO to develop guidance; supporters from the New California Coalition and the California Manufacturers and Technology Association argued it would improve transparency and help address affordability, while members noted concerns about implementation and unintended consequences. The committee also heard AB 2243 (Haney), which creates a commission to study whether California should establish a state public bank and how it might be structured. Supporters from the California Public Banking Alliance, climate groups, and other organizations said a public bank could reduce borrowing costs and finance housing, climate, and small business needs; the California Bankers Association and credit unions opposed the bill, arguing it could compete with private banks, duplicate prior studies, and raise unresolved regulatory and cost issues. Several committee members said they would support the study concept but wanted the bill amended so any final decision would return to the Legislature, and the author agreed to clarify that point and remove language related to extending local public bank licensing timelines. The committee also took up consent items AB 2048 (Calderon), AB 2583 (Hoover), and ACR 129 (Haney), which were approved without opposition. After quorum was established, the committee voted AB 2366 out on a 7-0 basis to Judiciary, AB 2745 out on a 7-0 basis to Appropriations, and AB 2243 out on a 7-0 basis to Finance, with the consent calendar also approved.

Transcript Highlights:

• We've got 14 middle schoolers, 7 adults, and 3 to 4 teachers.
• Form, providing for the dissemination of public service loan forgiveness information.
• An act relating to firearms, providing for the permitless carry of firearms by adults, repealing sections
• 30-7-2.2 through 30-7.3 in MSA 1978, being laws of 1994, Chapter 22, sections 2 and 3, laws of 2003.
• 22662] and Arnett [ID: member_22663], relates to higher education, enacting the Veterinary Medical Loan

Transcript Highlights:

• We'll call the Budget Section, Commerce and Legal Service.
• We'll call the Budget Section, Commerce and Legal Service's Division to order.
• So, about $7 million for the Community Development Block Grant, $6.7 million for the Community Services
• Block Grant, $7 million for the Low-Income Home Energy Assistance Program, or LIHEAP.
• rate on those loans?

Summary: The Budget Section’s Commerce and Legal Services division met to review the Department of Commerce base budget and current program activities for the 2027-29 biennium. Legislative Council staff first walked through a new “blue sheet” summary explaining what is included in Commerce’s base budget, with emphasis on salaries, operating costs, and especially grant authority funded largely by federal dollars. Members asked about how grant funding is coordinated across agencies, and staff noted that some programs, such as LIHEAP and UAS-related work, involve interagency collaboration and federal budget authority that may not match exact cash received. Commerce Commissioner Chris Schilke then presented on grant administration, the department’s transparency page, and several grant programs, including Destination Development and Automate ND. Members questioned how many entities apply for grants, what criteria are used, whether return on investment is tracked, and how long grant awards take to reach recipients. A lengthy exchange followed over whether Commerce must follow state procurement law or instead administer grants using its own “best practices” process; the commissioner said the department’s approach was based on legal guidance and competitive grantmaking, while some legislators argued the process should more closely reflect legislative intent. The department also highlighted the North Dakota Development Fund, child care loans, and workforce initiatives. Commerce described Development Fund investments, including examples of successful projects and a child care loan program that has supported 43 active businesses serving 3,754 children. Staff also outlined a new non-primary-sector lending framework and said a workforce and housing sub-cabinet are working on more coordinated statewide strategies. Workforce Director Katie Ralston Howell presented a broad workforce-system assessment, a new shared vision, and task forces focused on simplifying entry, improving warm handoffs, and building a public dashboard of shared metrics; members discussed higher education alignment, career pathways, and the need for better handoffs from schools to employers. No formal votes were taken, and the meeting ended with plans to continue these budget discussions in June, including the Attorney General budget.

Transcript Highlights:

• We partner with them to provide that loan. We also will back and guarantee the loan.
• A couple to highlight: the Emergency Bridge Loan Program.
• We were able to support them with a small business loan.
• Primarily, we administer loans.
• Maybe they're using 7 or 6% of it, but it is going elsewhere.

Committee: Senate Appropriations Committee on Transportation, Tourism, and Economic Development

Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development met to hear presentations from the Department of Commerce and the Florida Department of Transportation. Jason Mahon of Florida Commerce outlined the state’s economic development strategy, emphasizing Florida’s GDP growth, business formation, and strengths in manufacturing, high-tech, life sciences, defense, and financial services. He described the department’s tools for small business lending, rural investment tax credits, venture capital support, infrastructure and workforce grants, performance-based incentives, and disaster recovery loans, and highlighted examples such as ServiceNow, Williams International, Asteris, and Point Blank Enterprises. Senators asked about grant availability for small businesses, foreign companies relocating to Florida, workforce shortages in manufacturing, and whether additional tools may be needed; Mahon said most small-business support is loan-based and noted ongoing workforce and infrastructure challenges. Jennifer Marshall of FDOT then reviewed major transportation projects and the Moving Florida Forward initiative, describing the state’s large portfolio of active contracts and major congestion-relief projects across Florida. She highlighted early completions and accelerated timelines on projects including the NASA Causeway Bridge, I-95 at US 1 in Volusia County, I-4 congestion relief lanes, the First Coast Expressway, the Howard Frankland Bridge, I-4 interchanges in Central Florida, A1A coastal protection work, I-75 improvements in Southwest Florida, and the I-395 reconstruction in Miami. Senators asked about how express lane projects are selected, whether toll revenues are used for local maintenance and improvements, the status of the Miami I-395 project, and the impact of losing electric-vehicle express lane exemptions. Marshall said FDOT works with local long-range plans and congestion data, and that she would follow up on several specific funding and project questions. Committee members generally praised both agencies for project delivery, cost savings, and coordination with local partners. Senator Mayfield noted the importance of using savings and working with local governments, while Senator Wright commended Commerce’s role in economic development and FDOT’s work on major road projects. The meeting concluded with no further business, and the committee adjourned.

Transcript Highlights:

• AB 238, Section 3273.24C...
• Loan amounts would continue to be deferred and added to the end of the loan, and they'll be fully repaid
• And I might add, those loans are not secured like a regular home loan.
• And I might add, those loans are not secured like a regular home loan.
• So these are loans that are very different from home loans.

Summary: The Assembly Banking and Finance Committee held an outcomes review of AB 238, the wildfire mortgage forbearance law, focused on how the law has worked for survivors of the Eaton and Palisades fires. Chair Valencia and Assemblymember Harabedian said the hearing was intended to hear directly from survivors, assess whether the law is being implemented as intended, and identify fixes. Several survivors described losing homes, facing long rebuild timelines, and struggling with insurers, housing costs, and mortgage servicers. Many said they encountered confusion, inconsistent information, requests for financial documentation, lump-sum repayment demands, credit reporting problems, or loan modifications that they viewed as undermining the law’s purpose. Some urged clearer consumer education, a consumer bill of rights, and an extension of forbearance relief; one witness specifically advocated for AB 1847 to extend forbearance to 36 months. DFPI Chief Deputy Commissioner Suzanne Martindale said the department had received about 300 wildfire-related consumer complaints, mostly about mortgage forbearance, and that more than 91% had been resolved in the consumer’s favor. She said the department works with both state-licensed and federally regulated institutions, but its authority is limited when national banks are involved, so it often uses outreach and direct contact with lenders and federal partners to resolve complaints. She also described recurring complaint themes such as difficulty obtaining forbearance, customer-service breakdowns, withholding of insurance funds, and non-interest-bearing impound accounts. Committee members pressed DFPI on which institutions were noncompliant, what enforcement tools were available, and how much data the state could collect and make public. Representatives of the California Bankers Association and California Mortgage Bankers Association said lenders had provided early disaster relief and were working to comply with AB 238, but emphasized that mortgage servicing is constrained by federal law, investor requirements, and secondary-market guidelines. They argued that forbearance is temporary relief, not forgiveness, and warned that extending it without a clear repayment path can create future payment shock or larger debt burdens. They also said many servicers use disaster protocols tied to federal declarations and that clearer communication is needed. In response to committee concerns, the mortgage bankers said they would continue working with the Legislature and federal agencies, but could not promise changes beyond investor and agency rules. No votes or formal committee actions were taken during the hearing.

Transcript Highlights:

• Loan Repayment Program is targeted to all certified teachers in Texas who have outstanding loan debts
• Do you believe that that section will increase c-sections to potentially?
• to recommend— or enforce this section.
• Section 171A.407, liabilities.
• PM so 7 PM tonight here at desk one.

Bills: SJR59 , SCR30 , SCR46 , SB31 , SB127 , SB324 , SB401 , SB407 , SB467 , SB482 , SB506 , SB529 , SB584 , SB619 , SB636 , SB646 , SB647 , SB659 , SB715 , SB732 , SB735 , SB771 , SB784 , SB800 , SB801 , SB816 , SB1013 , SB1026 , SB1049 , SB1055 , SB1065 , SB1137 , SB1169 , SB1181 , SB1383 , SB1395 , SB1410 , SB1433 , SB1524 , SB1531 , SB1568 , SB1640 , SB1666 , SB1681 , SB1718 , SB1754 , SB1757 , SB1972 , SB1980 , SB2004 , SB2007 , SB2041 , SB2046 , SB2050 , SB2075 , SB2076 , SB2154 , SB2173 , SB2206 , SB2225 , SB2253 , SB2268 , SB2306 , SB2308 , SB2314 , SB2322 , SB2330 , SB2351 , SB2366 , SB2371 , SB2392 , SB2398 , SB2476 , SB2533 , SB2540 , SB2544 , SB2589 , SB2610 , SB2623 , SB2660 , SB2662 , SB2693 , SB2707 , SB2717 , SB2722 , SB2742 , SB2753 , SB2779 , SB2807 , SB2843 , SB2844 , SB2858 , SB2877 , SB2880 , SB2885 , SB2920 , SB2938 , SB2986 , HJR4 , HCR35 , SJR3 , SJR18 , SB5 , SB260 , SB1786 , SB914 , SB963 , SB1197 , SB1415 , SB1437 , SJR36 , SJR50 , SJR63 , SJR84 , SJR59 , SCR12 , SCR39 , SCR46 , SCR48 , SCR19 , SCR30 , SCR3 , SB2023 , SB1433 , SB2322 , SB2877 , SB407 , SB1718 , SB1395 , SB62 , SB666 , SB847 , SB284 , SB854 , SB1073 , SB810 , SB1505 , SB583 , SB1502 , SB507 , SB1026 , SB1434 , SB1376 , SB1585 , SB1772 , SB2016 , SB1163 , SB619 , SB1122 , SB732 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB261 , SB1882 , SB393 , SB1791 , SB529 , SB209 , SB2429 , SB1999 , SB511 , SB2309 , SB510 , SB2253 , SB584 , SB1085 , SB2314 , SB2046 , SB1975 , SB2717 , SB1262 , SB1524 , SB1137 , SB636 , SB2056 , SB884 , SB517 , SB1200 , SB1410 , SB1845 , SB1863 , SB2681 , SB2200 , SB2199 , SB1757 , SB2050 , SB2458 , SB2201 , SB1055 , SB2660 , SB2662 , SB1065 , SB801 , SB2533 , SB3014 , SB3013 , SB758 , SB647 , SB1721 , SB2268 , SB2366 , SB1013 , SB2797 , SB2371 , SB2383 , SB646 , SB1169 , SB1754 , SB2779 , SB2004 , SB2119 , SB2448 , SB1777 , SB1283 , SB2392 , SB2076 , SB2786 , SB2876 , SB2284 , SB2225 , SB1540 , SB2920 , SB2929 , SB1972 , SB2540 , SB2742 , SB2595 , SB2217 , SB715 , SB2330 , SB1383 , SB500 , SB1640 , SB2001 , SB2080 , SB2722 , SB506 , SB2514 , SB2623 , SB2753 , SB2398 , SB1241 , SB2927 , SB2173 , SB2538 , SB898 , SB467 , SB1449 , SB2529 , SB1531 , SB2846 , SB2476 , SB986 , SB1181 , SB2075 , SB2154 , SB2864 , SB31 , SB2880 , SB1359 , SB2386 , SB771 , SB2844 , SB2550 , SB1351 , SB1423 , SB1931 , SB2245 , SB2589 , SB2707 , SB2807 , SB2351 , SB410 , SB659 , SB816 , SB2776 , SB2693 , SB2580 , SB1980 , SB1886 , SB1234 , SB739 , SB482 , SB456 , SB127 , SB1666 , SB2843 , SB2801 , SB800 , SB2055 , SB784 , SB2986 , SB735 , SB1012 , SB324 , SB2926 , SB2938 , SB2007 , SB2138 , SB1242 , SB2615 , SB1049 , SB2310 , SB1224 , SB2972 , SB1568 , SB2841 , SB2885 , SB3016 , SB2858 , SB2610 , SB2139 , SB1856 , SB2035 , SB2308 , SB2306 , SB2041 , SB1528 , SB1681 , SB1141 , SB2401 , SB2530 , SB2375 , SB547 , SB1266 , SB1373 , SB1467 , SB2069 , SB2269 , SB2480 , SB2544 , SB672 , SB904 , SB2695 , SB2891 , SB2422 , SB2543 , SB1854 , SB317 , SB2539 , SB2532 , SB2925 , SB1250 , SB2082 , SB2203 , SB457 , SB2357 , HJR4 , HB135 , HB 1109 , HCR35 , HCR64 , SB2721 , SB243 , SB1285 , SB2568 , SB1959 , SB1442 , SB1454 , SB2520 , SB2541 , SB1708 , SB1237 , SB1844 , SB1586

Transcript Highlights:

• House Senate File 2296, found in section 3, makes a change to the definition of conventional loan.
• House Senate File 2296, found in section 3, makes a change to the definition of conventional loan.
• Senator Duckworth, Senate File 1215, as amended in committee, is in section 7 and prohibits the sale
• </c> section five. section five.
• the</c><00:14:55.279><c> sale</c><00:14:55.440><c> of</c> in section 7 and prohibits the sale of in section

Committee: Senate Commerce and Consumer Protection

Transcript Highlights:

• Um, there is one section from Senate File 4364 related to student loans that was not included in this
• Section 7 and 36 are from Senator Klein, Senate File 3769, which extends Minnesota's existing prohibition
• Section<01:59:30.840><c> 7</c><01:59:31.280><c> and</c><01:59:31.520><c> 36</c><01:59:32.320><c> are<
• /c><01:59:32.520><c> from</c><01:59:32.800><c> Senator</c><01:59:33.160><c> Klein</c> Section 7 and 36
• are from Senator Klein Section 7 and 36 are from Senator Klein Senate<01:59:33.960><c> file</c><01:59

Committee: Senate Commerce and Consumer Protection

Transcript Highlights:

• Section 5 is the license. information. 6 is license renewal or denial. 7 is something else to do with
• I printed out a copy and I read this bill page by page, section by section.
• You can take out a payday loan or an online payday loan. You could incur a late fee.
• Loans are still very much covered under the Small Loans Act. Thank you.
• New Mexico's law agrees it's a loan. These are loans.

Committee: House House Commerce & Economic Development Committee

Transcript Highlights:

• Page 16, there's the language there in section 14.
• Again, that section is 115.706.
• The bill simply updates each of those 98 sections and points them back to this new section, 115.706,
• There is a place at the bottom with this new section that allows an other section so that the political
• The other section as well, okay?

Committee: House Special Committee on Property Tax Reform

Summary: The Special Committee on Property Tax Reform opened with no quorum present, so the planned executive session was canceled and action on two committee bills was delayed for a week. The chair explained that proposed changes involving the blind pension fund would be removed because the budget could not absorb the cost at this time, though the committee would continue to study the issue. The committee then moved to public presentations on House Bills 2671 and 2709, both focused on property tax reform by requiring levies to be calculated separately by subclass of property—residential, commercial, agricultural, and personal property—rather than as a blended district-wide levy. Sponsors said this would reduce tax shifting between classes and make Hancock rollback protections work more directly by subclass; one bill also included ballot language requiring tax impacts to be stated per $100,000 of value and disclosure of loan purposes on bond questions. Members raised concerns about constitutional single-subject issues, administrative burden on assessors and auditors, and whether separate levies could create problems in small jurisdictions with very few properties in a class. The sponsors and supporters responded that the bills were clarifications intended to align with Hancock, that counties already have subclass data, and that the State Auditor’s office and assessors could implement the changes with some added work. Support testimony came from the Boone County Assessor and Missouri State Assessors Association, who said subclass levies would better reflect reassessment impacts and would have reduced the residential tax increase in Boone County. The State Tax Commission’s representative also supported the concept and suggested additional reforms, including appeal-process changes and broader Hancock-related adjustments. The committee then heard House Bill 2925, which would create a standardized ballot language section for property tax levy questions and update numerous existing statutes to point to that new format. The sponsor said the bill is aimed at transparency and informed consent, requiring ballots to identify who is taxing, for how long, for what purpose, whether debt is involved, and the dollar impact per $100,000 of assessed value. Members generally supported clearer ballot language but questioned a provision requiring property tax questions to appear on November general election ballots, citing concerns about longer ballots, voter fatigue, and increased burdens on election authorities and poll workers. Missouri Association of Counties testified in opposition to that election-timing requirement, while not taking a position on the rest of the bill. No votes were taken, and the meeting adjourned after testimony and discussion.

Transcript Highlights:

• You talked about are these loans being, are they participating loans where you've got multiple lenders
• When it's loans that we make, they are in most cases loans, not grants.
• , but it's a cash flow loan only.
• Are you having any defaults on any of the loans?
• They went from like 7 to 5, and the rear from 20 to 15.

Committee: House Mortgage Finance Authority Act Oversight Committee

Transcript Highlights:

• And there's a lot of little sections and a lot of words and this and that.
• That bill is out, 7-0. File Item 3, SB 1058. Cortese: aye. Cortese, aye. Reyes: aye.
• That bill is out, 7-0. File Item 4, SB 1140. Cortese: aye. Cortese, aye. Reyes: aye.
• That bill is out, 7-0. And everything's done. There's nothing else. Great.
• That bill is out, 7-0. And everything's done. There's nothing else. Great.

Committee: Senate Education