Transcript Highlights:

• Van Horn, staff to this committee, briefing you on Senate Bill 5109, which concerns the mortgage lending
• collected at the time of recording each deed of trust, and that $1 surcharge is to support the mortgage lending
• Revenues from the mortgage lending fraud prosecution account are used by the Department of Financial
• prosecutor's offices for the investigation and prosecution of fraudulent activities related to mortgage lending
• in fiscal year 2027 and $2.5 million per biennium thereafter would be deposited into the mortgage lending

Bills: SB5109 , SB5835 , SB6065

Committee: House Appropriations

Keywords: mortgage lending, fraud, prosecution, financial regulations, consumer protection, retirement, lump sum payment, benefits, pension, financial security, SB 6065, school district transportation, transportation vehicle fund, pupil transportation, school buses, electric school buses, zero-emission buses, bus fleet electrification, charging stations, vehicle replacement

Transcript Highlights:

• And if we can help incentivize more capital formation and lending to the builders, the entrepreneurs
• cutting red tape, streamlining bank exams and outdated thresholds so well-run banks can focus on lending
• , not paperwork, expanding community and rural banks' access to stable deposits so that they can lend
• </c><09:04:23.920><c> their</c><09:04:24.478><c> comments</c> Pennsylvania for lending their comments
• Pennsylvania for lending their comments tonight<09:04:26.000><c> as</c><09:04:26.160><c> well</c><09

Bills: HB1531 , HB6644 , HB3190 , HB3390 , HB3682 , HB5616 , SB3705

Keywords: Taiwan, China, banking organizations, financial regulators, national security, housing, affordability, institutional investors, vacant properties, grants, homeownership, urban development, Burma, sanctions, foreign relations, accountability, economic oversight, military accountability, discount window, Federal Reserve

Bills: HB2291 , HB2629 , HB2439 , HB1078 , HB1701 , HB2207 , HB2501 , HB2361 , HB1932

Committee: House Consumer Protection & Business

Keywords: kratom, consumer protection, regulation, health safety, substance control, infrastructure, protection, safety, security, state regulations, public health, tobacco regulation, smoking cessation, vapor products, health policy, youth prevention, pet insurance, insurance regulation, animal welfare, claims processes

Transcript Highlights:

• Payday lending became legal in 1996 as a carve-out to Washington's usury law.
• As required by the Truth in Lending Act. This is not the time.
• I am senior policy counsel with the Center for Responsible Lending.
• I am Senior Policy Council with the Center for Responsible Lending.
• , borrowers are extremely resourceful, and they no longer have broken. lending.

Bills: SB5976 , SB6111 , SB6250 , SB6257 , SB6289 , SGA9060 , SGA9169 , SGA9265 , SGA9266

Committee: Senate Business, Trade & Economic Development

Keywords: commercial email, spam regulations, online marketing, privacy, consumer protection, SB 6111, Washington Protecting Children Online Act, online child safety, minor privacy, age verification, parental consent, social media regulation, digital platforms, user-generated content, content moderation, online harms, youth protection, data privacy, geolocation, targeted advertising

Transcript Highlights:

• In other words, and lending act.
• </c> member, for fighting predatory lending member, for fighting predatory lending over<01:44:46.239>
• The overdraft lending rule markets.
• </c><02:04:51.679><c> rule</c> the CFPB's overdraft lending rule the CFPB's overdraft lending rule ignores
• to overdraft lending very large financial<04:25:29.520><c> institutions.

Bills: HR981 , HR1228 , HB1526 , HCR14 , SJR18 , SJR28 , HR313

Keywords: federal budget, deficit reduction, economic growth, national debt, bipartisan support, House resolution, congressional subpoena, subpoena enforcement, Oversight Committee, House Oversight and Government Reform, judicial proceedings, declaratory judgment, injunctive relief, House counsel, private counsel, contempt of Congress, Pamela J. Bondi, Department of Justice, DOJ records, Jeffrey Epstein

Transcript Highlights:

• And this continues state-run lending programs. Why is the state lending money?
• Why is the state lending programs. Why is the state lending money?
• We have<00:58:22.400><c> lending.
• </c> have interest rates lower than the SBA. have interest rates lower than the SBA.
• </c> role in lending money? role in lending money?

Transcript Highlights:

• to hold the project in that use in perpetuity, so we've not really broached that question with our lending
• Thank you again for lending us your ears and for your consideration of this exciting, important bill.

Bills: SB5884 , SB5885 , SB5937 , SB5938

Committee: Senate Housing

Keywords: sales tax, redevelopment, economic incentive, underutilized property, infrastructure, affordable housing, religious organizations, zoning laws, land use, community development, smart access system, smart lock, residential landlord-tenant act, tenant privacy, biometric data, fingerprint, face scan, iris scan, key fob, key card

Transcript Highlights:

• Our focus is on small business lending.
• We make commitments to them, and then once we've made a commitment to the lending partner, those lending
• So we loan the lending partner money at 2%.
• The lending partner might lend the money out to a small business at 5%, 6%, or 7%.
• The SBA study showed that for every $1,000,000 in SBA loans, there are 5.4 new jobs created.

Committee: House Investments & Pensions Oversight Committee

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Summary: The House began by signing several bills and receiving messages from the Senate that multiple House bills had passed there or that Senate bills had been signed. It then took up third reading and concurrence on a series of bills, often with sponsors explaining that Senate amendments were technical, clarifying, or improved the bills, while opponents argued some amendments broadened exemptions, weakened election protections, or created tax increases and other unintended consequences. Among the most debated measures were bills related to election administration and voting rights, utility and energy programs, local government finance, tourism promotion, and public safety. House Bill 2215 failed to concur in Senate amendments after concerns that an exemption was too broad. House Bill 1710, dealing with voting rights/election procedures, passed 57-39 after a roll call vote despite objections that it could complicate elections and reduce local control. House Bill 1750 and House Bill 1916 also passed after roll calls, with supporters describing them as technical or protective of election integrity and opponents warning about voter dilution, local authority, and access issues. Other bills passed with varying levels of support: House Bill 1903 on utility assistance passed 70-26 after supporters said it would help small counties and make the program voluntary and state-funded; House Bill 2532 on nitrous oxide sales passed unanimously as a public health and youth safety measure; House Bill 1974 on housing/conservation-related policy passed 59-37 amid debate over nonprofit advantages and county revenue impacts; House Bill 2296 passed 95-1 after supporters said it would help renters and utilities with energy efficiency; House Bill 2325 passed 91-5 with added transparency for tourism oversight; House Bill 2442 passed 51-45 despite sharp disagreement over property tax and levy implications; and House Bill 2594 passed 95-1 as the state version of McKinney-Vento protections for unhoused students. The House also transmitted or received several bills and ended the session briefly at ease.

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Summary: The House convened, established a quorum, approved the previous day’s minutes, heard Senate messages on several bills, and then took up a series of third-reading and concurrence votes. The chamber also received notice that the Senate had concurred in House amendments to several other bills and that the Senate President had signed Engrossed Senate Bill 5068. Members then considered a slate of bills dealing with climate commitment account revenue, court administration, attorney general investigative authority, inmate funds, health care facility transactions, ferry governance, gun violence prevention and 3D-printed firearms, and renewable energy tax treatment. Engrossed Second Substitute House Bill 1170, Engrossed Second Substitute House Bill 2251, Engrossed House Bill 2445, Substitute House Bill 2334, Engrossed Third Substitute House Bill 1960, Engrossed Substitute House Bill 1500, Second Substitute House Bill 1909, Engrossed House Bill 2156, Substitute House Bill 2539, Engrossed Substitute House Bill 2548, Engrossed House Bill 2588, and Engrossed Substitute House Bill 2320 all received final passage after Senate amendments, with several members speaking in support or opposition. Supporters generally described the measures as clarifying revenue accounts, improving court access, protecting consumers, updating inmate account limits, addressing hospital consolidation, enabling local ferry management, and strengthening gun-violence prevention or renewable-energy tax policy. Opponents raised concerns about reduced transparency, expanded bureaucracy, shifting costs, attorney general overreach, limits on local control, and First Amendment or property-rights issues. Recorded votes showed passage on each of those bills, with margins ranging from narrow to broad: 55-38 on HB 1170, 54-40 on HB 2251, 66-29 on HB 2445, 80-15 on SHB 2334, 86-9 on ESHB 1960, 61-34 on ESHB 1500, 57-38 on SSB 1909, 54-41 on EHB 2156 after reconsideration, 57-38 on SHB 2539, 55-41 on ESHB 2548, 56-40 on EHB 2588, and 58-38 on ESHB 2320. The House also agreed to retransmit Engrossed Substitute House Bill 1408 to the Senate after deciding not to concur in the Senate’s fourth amendment. The meeting ended with both caucuses called and the House at ease.

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Keywords: behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification

Summary: The House convened with a quorum, the flag was escorted by the Muckleshoot Veterans Color Guard, and the day opened with a prayer from Dennis Anderson Sr. The House approved the previous day’s minutes, welcomed representatives from the Urban Native Education Alliance, and then moved through caucuses and Senate messages before taking up a long series of third-reading votes on bills that had returned from the Senate. Several measures drew debate over Senate amendments. House Bill 1069, concerning bargaining over supplemental retirement benefits for certain public employees, passed 78-17 after supporters said it would help correctional workers and critics said the Senate changes weakened the bill. Second Substitute House Bill 1128, creating a child care workforce standards board, passed 68-27 amid arguments over child care shortages, wages, and affordability. Engrossed Substitute House Bill 1155, banning non-compete agreements, passed 62-33; supporters framed it as pro-worker and pro-entrepreneurship, while opponents said contracts should be voluntary and important in business sales. The House also passed Engrossed Substitute House Bill 1187 on ambulance billing and collections (93-2), Substitute House Bill 1390 phasing out the Community Protection Program (51-44), Engrossed House Bill 1501 on housing-related local requirements (58-37), House Bill 291 on bargaining communication rights (92-3), Engrossed Substitute House Bill 2110 on ambulance staffing/training (95-0), Engrossed Substitute House Bill 2165 on impersonating peace officers (66-29), Engrossed Substitute House Bill 2219 on child care regulations and opioid-related safety language (67-28), Engrossed Substitute House Bill 2266 on housing siting and local flexibility (56-39), Substitute House Bill 2350 on notice and accountability for developmental disability services (95-0), Substitute House Bill 2360 allowing schools to keep and administer albuterol with parental-notification changes (79-16), Second Substitute House Bill 2384 on financial transparency for continuing care retirement communities (78-17), Second Substitute House Bill 2429 on behavioral health planning and appropriations (95-0), Substitute House Bill 2496 protecting tribal sacred sites (71-24), and House Bill 2510, on which the House did not concur in Senate amendments. The chamber also granted conference requests on Engrossed Substitute Senate Bills 5998 and 605 and appointed conferees for each.

Transcript Highlights:

• Businesses could be shut out of SBA lending because of a foreign investor with less than 2% ownership
• SBA lenders have already told us that they are likely to pull back from lending so as not to violate
• U.S. taxpayer dollars back the SBA lending programs, and adding additional assurances like age and legal
• Speaker, let me say that H.R. 2966 will not improve SBA lending or support small businesses.
• H.R. 2966 will not improve SBA lending or support small businesses.

Bills: HB2966

Keywords: citizenship, small business, loan eligibility, immigration status, entrepreneurship

Transcript Highlights:

• One of the great collaborations that we had during that timeframe was working with SBA—no, not SBA.
• We could re-lend that money, so it was a very successful venture with the SBA program.
• It lends smaller amounts than local banks are typically lending and seeks to offer rates as affordable
• Lending to farmers that are transitioning to organic and regenerative practices.
• Thankfully, they didn't lend me any money, because I've never carried that thing.

Committee: House New Mexico Finance Authority Oversight Committee