Transcript Highlights:

• I do applaud this legislature for your passage on regulation on crypto ATMs.
• These crypto ATMs will charge you a 20 to 30 percent fee.
• ATMs. If you want to invest in crypto, we fully support your right to do that.
• These crypto ATMs will charge you a 20 to 30% fee.
• We would put the Arkansas legislation you passed last year in crypto ATMs in that bucket and try to identify

Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members and witnesses describing scams targeting seniors, small businesses, and working families. The committee first approved the November 3, 2025 minutes, then heard from the Arkansas Bankers Association, the American Bankers Association, banks, the Attorney General’s Consumer Protection Division, the Arkansas Mortgage Bankers Association, the State Bank and Securities Department, the Insurance Department, and AARP. Witnesses described common schemes including spoofed bank calls and texts, government imposter scams, romance and investment scams, business email compromise, fake job postings, gift card scams, check fraud, wire fraud, reverse mortgage scams, identity theft, and insurance fraud. Several witnesses emphasized that cryptocurrency kiosks and crypto transfers make recovery difficult or impossible, and that artificial intelligence is making scams more convincing and scalable. Witnesses repeatedly stressed education, verification, and coordination among banks, law enforcement, regulators, and consumers. Bank and mortgage representatives urged consumers to slow down, independently verify wire instructions, avoid clicking unexpected links, use tap-to-pay rather than chip or swipe when possible, and never share account credentials or one-time codes. The Attorney General’s office said it investigates consumer complaints, mediates disputes, works with social media platforms to remove scam ads, and recently created a Financial Fraud Task Force with bankers and other stakeholders. The State Bank and Securities Commissioner highlighted the Safe AR Act, the state’s crypto kiosk framework, and fraud education efforts such as “fraud bingo,” while the Insurance Department described its law-enforcement role and a range of insurance-related fraud schemes it prosecutes. AARP said fraud is widespread and underreported, especially among older adults. Members asked about reporting scams, how losses are handled, whether tap is safer than chip, how crypto fraud works, whether Arkansas has model legislation to address telecom and social media impersonation, and how local law enforcement and state agencies coordinate investigations. Witnesses said banks generally absorb much of the financial loss under federal rules, while consumers bear the inconvenience and account changes. Several witnesses said Arkansas should consider additional legislation to hold telecom companies and social media platforms accountable for spoofed caller IDs and impersonation ads, and one witness said a federal Scam Act is moving in Congress. No additional votes or formal actions were taken beyond approval of the minutes, but witnesses agreed to share consumer education materials and model legislation with committee staff.

Transcript Highlights:

• We've had 19 cases in the last five years or so with crypto ATMs.
• We have dozens of these crypto ATMs that are being utilized for these scams.
• <01:08:22.400> ATMs<01:08:23.000> that We have dozens of these crypto ATMs that We
• have dozens of these crypto ATMs that are<01:08:23.200> being<01:08:23.440> utilized<01
• <01:10:23.360> ATM<01:10:23.840> companies refunds that the crypto ATM companies refunds

Keywords: 1187, senate, all

Transcript Highlights:

• How do I know that a crypto kiosk is a crypto kiosk?
• It always says crypto.
• Well, the crypto kiosk is roughly the same size as an ATM, like the standalone ATM you might see in a
• You have to pick an account to receive the crypto once the cash is converted to crypto.
• Some of the machines are also traditional ATMs, and you can buy crypto.

Keywords: 1184, house, all

Transcript Highlights:

• through a crypto wallet and the like. through a crypto wallet and the like.
• conversation that we had about the ATMs conversation that we had about the ATMs and<00:14:49.680
• crypto available to the unbanked, right? crypto available to the unbanked, right?
• And it is my understanding that crypto And it is my understanding that crypto is<00:14:59.440>
• , manage and not be scammed by crypto, manage and not be scammed by crypto, right?

Keywords: 1183, house

Summary: The committee heard testimony on House File 3709, which would allow Minnesota banks and credit unions to offer custodial accounts for digital assets such as cryptocurrency. The bill authors said the measure is intended to let local financial institutions provide a regulated “digital safety deposit box” service, keeping innovation and consumer choice under Minnesota oversight rather than pushing customers to out-of-state or offshore providers. The Department of Commerce testified in support, saying it appreciates efforts to incorporate virtual currency into the regulatory framework and that the bill levels the playing field for trusted community institutions. Members and testifiers discussed whether the bill was really about consumer protection, institutional competitiveness, or both. Supporters from the Minnesota Credit Union Network and St. Cloud Financial Credit Union said the bill helps local institutions remain relevant as customers increasingly ask for crypto services, and one testifier said the credit union had seen significant liquidity leave local communities for exchanges. They also emphasized that the accounts are custodial, not exchange services, and are not NCUA-insured; one witness noted some institutions may obtain private insurance for risks like loss of keys or hacking. A Department of Commerce witness also said the agency is working on separate legislation to address unclaimed virtual currency property. Several members raised concerns about volatility, scams, and whether the bill simply helps banks stay relevant. In response, supporters argued that local institutions can provide a trusted point of contact and help customers avoid fraud, unlike stand-alone crypto exchanges or kiosks. The committee also discussed fees, with one witness saying the credit union’s expected charge would be percentage-based with a minimum of $5 and a maximum of $25. No vote or final action was taken in the portion provided.

Transcript Highlights:

• So, as we looked money into these ATMs.
• <00:05:21.280> They're referred to as Bitcoin ATMs. They're referred to as Bitcoin ATMs.
• these kiosks and convert it to crypto. these kiosks and convert it to crypto.
• ATMs or kiosks.
• crypto ATM companies in the show state. crypto ATM companies in the show state.

Bills: HB0075, HB0128

Keywords: virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

Transcript Highlights:

• ATMs.
• to use it, how to get the cash out of your bank, how to use the crypto ATM, then how to transfer that
• someone identifying who uses these ATMs someone identifying who uses these ATMs already.
• They are not in any way related to a bank ATM. A bank ATM operates very differently.
• They are not in any way related to a bank ATM. A bank ATM operates very differently.

Bills: HB0098, HB0075, HB0041, HB0101

Keywords: gun control, Second Amendment, constitutional rights, misdemeanor, law enforcement, virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, death benefits, retirement, survivor support, public safety, guardianship, monitoring, ward protection, financial independence, case management

Transcript Highlights:

• One other thing, I heard you mention crypto. Can you elaborate on that a little bit?
• I do applaud this legislature for your passage on regulation on crypto ATMs.
• These crypto ATMs will charge you a 20% to 30% fee.
• We would put the Arkansas legislation you passed last year on crypto ATMs in that bucket and try to identify
• So the crypto is getting transferred for a second time.

Keywords: 1204, all

Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members hearing from bankers, the Attorney General’s office, the state bank and securities commissioner, the insurance department, AARP, and mortgage industry representatives. Witnesses described fraud as increasingly organized, technology-driven, and often transnational, with common schemes including spoofed bank calls and texts, fake websites and social media impersonations, business email compromise, gift card and wire scams, crypto kiosk fraud, check fraud, and mortgage/real estate fraud. Several witnesses emphasized that seniors are disproportionately targeted and that losses are often underreported because victims feel embarrassed or do not know where to report incidents. Testimony highlighted both state and national responses. Bankers and regulators pointed to Arkansas’s 2025 actions on crypto ATMs and elder-fraud education, including training for gift-card sellers and safe-harbor protections for banks under the Safe AR Act. The Attorney General’s Consumer Protection Division described its complaint process, a new financial fraud task force, and examples of recovered funds, including quick recoveries from Bitcoin kiosk scams and wire fraud cases. The American Bankers Association and others urged stronger accountability for telecoms and social media platforms, citing spoofed caller ID, impersonation ads, Section 230 issues, and the need for a national scam-prevention strategy or federal office. Artificial intelligence was identified as a major emerging risk because it can generate convincing scam emails, websites, and impersonation content at scale. Members asked about reporting procedures, whether banks reimburse fraud losses, how crypto affects recoverability, the safety of tap-to-pay versus chip use, and whether public online records contribute to fraud. Witnesses generally advised victims to report scams through the proper channels, avoid clicking links or responding to suspicious messages, and verify requests independently by contacting institutions directly. The committee also heard that banks and regulators are already sharing information and educating consumers, but that more legislative and cross-agency action may be needed. No formal vote or bill action was taken beyond approval of the November 3, 2025 minutes.

Transcript Highlights:

• I do applaud this legislature for your passage on regulation on crypto ATMs.
• If you want to invest in crypto, we fully support your right to do that.
• These crypto ATMs will charge you a 20 to 30 percent fee.
• We would put the Arkansas legislation you passed last year in crypto ATMs in that bucket and try to identify
• So the crypto is getting transferred for a second time.

Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members hearing from bankers, regulators, law enforcement, AARP, and mortgage and insurance industry representatives. Witnesses described a wide range of scams, including spoofed bank calls and texts, fake websites and social media impersonation, romance and investment scams, business email compromise, gift card fraud, check fraud, wire fraud, reverse mortgage scams, and crypto kiosk schemes. Several speakers emphasized that fraud is increasingly organized, technology-driven, and amplified by artificial intelligence, and that seniors are disproportionately targeted and often suffer the largest losses. Testimony highlighted both prevention and recovery efforts. Bankers said institutions spend heavily on training, customer education, and fraud detection, but often cannot stop losses once customers have been convinced to authorize transfers. The Attorney General’s office described its Consumer Protection Division, a new Financial Fraud Task Force, and examples of recovering funds quickly from crypto kiosk and wire fraud cases. The State Bank Department and Securities Department said Arkansas’s 2025 crypto ATM legislation and related education requirements have helped, and they urged continued public education. The Insurance Department reported major insurance-fraud trends, including fake insurance cards, forged policies, premium-finance schemes, and staged auto accidents, and said it prosecutes these cases aggressively. Members asked about reporting scams, the security of tap payments, how fraud losses are tracked, the role of crypto kiosks, and whether Arkansas should pursue model legislation or stronger action against telecom and social media companies. Witnesses said tap payments are generally safer than chip or swipe, that crypto transfers are often unrecoverable, and that spoofed caller ID and impersonation ads remain major problems. Paul Benda of the American Bankers Association urged state and federal action against telecom and social media platforms and supported national scam legislation. No new bills were voted on at the meeting, but members approved the November 3, 2025 minutes and several witnesses offered to share model legislation, consumer education materials, and state-by-state fraud data with the committee.

Transcript Highlights:

• devices manufactured for the sole purpose of stealing payment � card information from fuel pumps, ATMs
• ATMs.
• FCIC, we believe that hundreds of millions of dollars of illicit funds are flowing through these crypto
• That transfer was probably done on one of the crypto... ATMs.
• So they put in their credit card or debit card, and then it converts it to crypto, and it's gone.

Bills: SB1281, SB1300, SB1379, SB1451, SB1497, SB1498, SB1499

Keywords: mail theft, postal theft, package theft, identity theft, negotiable instrument, check theft, mail receptacle key, mailbox lock, postal key, delivery service, courier, USPS, United States Postal Service, fraud, property crime, elderly victims, disabled victims, identity information, rebuttable presumption, felony enhancement

Transcript Highlights:

• We all know we use the ATM and there's a fee to an ATM.
• And there's a fee to an ATM. And that fee has been fixed for many, many years.
• Are they going to have a place with brick and mortar, ATMs that are free?
• I think crypto is what stymies a lot of people. It's my own personal opinion. I appreciate.
• I think crypto is what stymies a lot of people. It's my own personal opinion.

Summary: The Assembly Banking and Finance Committee heard several bills, beginning with AB 407, which would expand the California Pollution Control Financing Authority. The author said the measure would increase flexibility and access to resources, and the bill was approved 7-0 and sent to the Committee on Local Government. The committee also adopted the consent calendar, which included AB 76, by a 7-0 vote. A lengthy portion of the meeting focused on AB 1065, which would prohibit swipe fees on the sales tax portion of credit card transactions. Supporters, including small business owners, restaurant and grocery representatives, and a payments-policy expert, argued the bill would reduce costs for merchants and consumers and rein in dominant card networks. Opponents, including banks, credit unions, and payment industry groups, argued the bill is likely preempted by federal law, would be difficult to implement, and could disproportionately affect community banks and credit unions. After extensive questioning about preemption, fraud, implementation, and consumer impacts, the committee rejected the bill on a 6-0 vote, but then granted reconsideration by a 7-1 vote. The committee then heard AB 1365, which would create the Cal Account Program, a zero-fee, zero-penalty state banking account for unbanked and underbanked Californians. Supporters said the program would help low-income households, survivors of abuse, and others facing barriers to traditional banking, while opponents from community banks and credit unions argued existing low-cost accounts and the Bank On program already address the need and raised concerns about cost, feasibility, and duplication. The bill advanced on a 6-0 vote and later received enough votes on the reopened roll to move forward to the Committee on Labor and Employment. The committee also approved AB 1052, which would create a legal framework for digital assets and address unclaimed digital property and restrictions on public officials issuing or promoting digital assets, and AB 1180, which would create a pilot program for paying state fees with digital financial assets and require a report on broader adoption. Both bills passed with broad support after brief testimony and discussion. Final roll calls later confirmed AB 1052 and AB 1180, along with AB 407 and AB 1365, were moved out of committee.

Transcript Highlights:

• This is not an anti-crypto bill. It does not ban cryptocurrency.
• Florida has the second-highest number of crypto ATMs in the nation, and with over 3,000 of these operating
• A retired teacher losing her life savings and now in danger of losing her home because of crypto ATM
• Florida has the second highest number of crypto ATMs across the state in the nation, and with over 3,000
• A retired teacher losing her life savings and now in danger of losing her home because of crypto ATM

Bills: S0198, S0422, S1236, S1356, S1456, S1722

Keywords: virtual currency, kiosks, money services business, regulation, financial services, consumer protection, cryptocurrency, registration, ADS-B, automatic dependent surveillance-broadcast, aviation, airports, airport fees, landing fees, departure fees, touch-and-go landing, general aviation, pilot privacy, airspace radius, aircraft tracking

Summary: The committee first postponed SB 1456, then heard SB 1236, which would condition state economic development incentives on employers using secret-ballot union elections and prohibit neutrality agreements. The sponsor argued the bill protects workers from coercion and applies only to companies receiving taxpayer-funded incentives; opponents said it was government interference, likely to hurt contractors, apprenticeships, and business growth, and raised concerns about federal preemption and Attorney General enforcement. After debate, the committee reported SB 1236 favorably on a recorded vote. The committee then considered CS/SB 198, a measure to regulate cryptocurrency kiosks by requiring operator registration, fraud warnings, transaction limits, blockchain analytics, receipts, and refund protections for certain first-time transactions tied to fraud. Supporters from the banking industry, AARP, and others said the bill would help stop scams that are targeting seniors and vulnerable adults; one industry witness supported the bill but suggested narrowing the limits for existing users and shortening the new-customer period. The committee reported the bill favorably. Next, the committee took up CS/SB 1356 on dog breeding, pet sales, and breeder registration. The sponsor said the bill is intended to curb puppy mills, improve animal welfare, and add consumer protections, while an amendment removed state oversight of local animal shelters. Pet store representatives supported much of the bill but objected to the three-day waiting period for financed purchases, expanded reimbursement, and unfair trade practice penalties; others argued the bill would add red tape and litigation. The committee adopted the amendment and then reported the bill favorably. The committee also heard SB 1722 on app stores and minors, which would require age verification, parental consent for minors, app-content disclosures, and enforcement by the Department of Legal Affairs. Supporters said the bill would help parents protect children online; opponents warned it could force collection of sensitive personal data, create privacy and constitutional problems, and duplicate existing parental tools. Members debated the balance between child safety and privacy, and the committee reported the bill favorably. Finally, the committee heard CS/SB 422 on ADS-B aviation data, which would bar use of ADS-B information to calculate certain landing or access fees; an amendment added departures to the restriction. Pilots supported the bill as a safety and privacy measure, while airport representatives opposed it as undermining airport finances and shifting costs. The amendment was adopted, and the hearing on the bill began with testimony from both sides.

Transcript Highlights:

• ATM operator in Hawaii. The greatest in. ATM operator in Hawaii. The greatest in.
• purchasing crypto.
• kiosk and then they get their crypto kiosk and then they get their crypto after<00:51:19.600>
• ,<01:41:37.680> but their whole savings into crypto, but their whole savings into crypto,
• ><01:41:59.560> full<01:41:59.760> refund, the crypto ATM and get a full refund, the crypto

Bills: SB1166, SB888, SB2387, SB2471

Keywords: insurance, climate change, responsible parties, damages, Hawaii Property Insurance Association, Hurricane Relief Fund, civil action, climate disasters, extreme weather, SB888, Hawaii, consumer protection, smart home security, smart household security device, home security camera, video doorbell, Ring, Nest, connected devices, internet of things

Summary: The committee heard SB 1166 SD2, a bill on insurance and climate-related damages that would authorize the Hawaii Property Insurance Association and, in amended versions discussed during testimony, other public and private entities to pursue civil actions to recover losses tied to climate disasters and extreme weather. DCCA’s Insurance Division and the Department of the Attorney General raised legal concerns, saying the bill’s scope may not fit the insurance code section being amended, that it could create subject-matter and title issues, and that some subrogation language may be duplicative of existing rate-filing practice. Lawyers for Justice opposed the measure, arguing it conflicts with existing subrogation law and recent Hawaii Supreme Court rulings that treat the judicial lien process as the exclusive remedy. The American Petroleum Institute also opposed, warning the bill would add liability and litigation risk for companies operating under existing permits and could undermine energy reliability and investment. Supporters said the bill would help shift climate-related insurance costs away from residents and onto fossil fuel companies and other responsible parties. Testimony in support came from the Polluters Pay Hawaii Coalition, Center for Climate Integrity, Hawaii Island Council, Our Hawaii, Sierra Club of Hawaii, and others, who described recent flooding, storm damage, rising premiums, non-renewals, and underinsurance as evidence of a worsening climate-driven insurance crisis. Several supporters urged amendments to give the Attorney General explicit authority to recover insurance-related losses for the Hurricane Relief Fund, HPIA, and private insurers, and to ensure recovered amounts benefit policyholders. Committee members questioned whether HPIA is a private entity, whether the Attorney General could represent it, whether the bill could create double recovery or affect pending climate litigation, and whether insurers would have standing or damages if they are only paying contractual claims. The committee then took up SB 888 SD2, a consumer protection bill that would restrict smart household security device operators from sharing user data with law enforcement without consent or a judicial order, and would bar conditioning device use on such consent. The Office of Consumer Protection testified in support and said an Illinois law could serve as a useful template for exceptions to the warrant requirement. An individual supporter said the measure would protect immigrant communities, judges, and others from surveillance and misuse of private data. No vote was taken during the portion of the meeting provided, and the chair noted additional written testimony submitted in support of SB 1166.

Transcript Highlights:

• This<00:39:50.520> crypto<00:39:50.840> thing. This crypto thing. This crypto thing.
• is calling in the banks and the crypto is calling in the banks and the crypto industry<00:39:58.960
• and not too onerous on the crypto and not too onerous on the crypto industry<00:40:48.640> as
• Rock, who are the most crypto-friendly Rock, who are the most crypto-friendly states<00:41:04.920
• Any person who's serious about crypto Any person who's serious about crypto and<00:46:40.360>

Keywords: 1189, house, all

Transcript Highlights:

• Also, it occurred to me as I'm listening: we all know we use the ATM, and there's a fee to an ATM.
• Are they going to have a place with brick and mortar, ATMs that are free of charge?
• The potential for widespread use of crypto is significant, yet California has fallen behind in adapting
• Other states like Colorado, Utah, and Louisiana have readily responded to the needs by accepting crypto
• I think crypto is what stymies a lot of people; it's my own opinion.

Keywords: 988, house, all

Bills: SB277, HB395, HB482, SB251, HB513

Keywords: decentralized nonprofit association, unincorporated nonprofit association, blockchain, distributed ledger technology, smart contract, digital asset, crypto, web3, DAO, decentralized autonomous organization, nonprofit governance, digital membership, consensus mechanism, ledger, Alabama nonprofit law, entity formation, liability protection, service of process, real property, winding up

Transcript Highlights:

• This is not an anti-crypto bill. It does not ban cryptocurrency.
• This is not an anti-crypto bill. It does not ban cryptocurrency.
• Florida is poised to become a national leader in crypto kiosk regulation.
• Florida has the second-highest number of crypto ATMs in the nation, and with over 3,000 of these operating
• A retired teacher losing her life savings and now in danger of losing her home because of crypto ATM

Summary: The committee first took up SB 1236, which would condition state economic development incentives on employers at subsidized companies using secret-ballot union elections and prohibiting neutrality agreements. The sponsor said the bill is meant to protect workers and taxpayer dollars, and he noted he would amend the Attorney General enforcement language to allow appeals. Supporters argued it protects secret ballots and transparency, while opponents said it is a form of union-busting, could conflict with federal labor law, and would burden contractors and workers. After debate, the committee reported the bill favorably on a roll call vote, with Senators Bracey Davis, Smith, and Errington voting no and the remaining recorded votes in favor. The committee then heard CS/SB 198, which regulates cryptocurrency kiosks to combat fraud, especially against seniors. The bill requires kiosk registration, fraud warnings, blockchain analytics, transaction limits, receipts, and refund protections for certain first-time transactions involving non-U.S. wallets. Supporters from consumer and senior advocacy groups said the bill would help stop widespread scams, while one industry witness praised the bill’s fraud protections but suggested narrowing the daily limits and new-customer period. The committee reported the bill favorably by roll call vote. Next, the committee considered CS/SB 1356 on dog breeding, pet sales, and breeder registration. The sponsor described it as a work in progress aimed at ending inhumane breeding conditions, improving consumer disclosures, and creating breeder standards and penalties; an amendment removed state oversight of local animal shelters. Pet store representatives supported many animal welfare provisions but objected to the three-day financing waiting period, shelter-space requirements, expanded reimbursement, and litigation exposure. Animal welfare supporters backed the bill, and the committee reported it favorably. The committee also heard SB 1722 on app stores and minors’ access to apps. The bill requires age verification, parental consent for minors, notice of app changes, and enforcement by the Department of Legal Affairs. Supporters said it would better protect children online and help enforce existing age-based restrictions, while opponents warned it could require overcollection of personal data, create privacy and constitutional problems, and duplicate tools parents already have. After debate, the committee reported the bill favorably. Finally, the committee took up CS/SB 422, which would bar use of ADS-B aviation data to calculate or collect certain airport fees, with an amendment adding departures to the covered activities. A pilot supported the bill as a safety and privacy measure, while airport advocates opposed it, saying it would undermine airport finances and force less efficient fee collection methods. The transcript ends during testimony on this bill, before final action is shown.

Transcript Highlights:

• They look like an ATM, but that's not in essence what they are.
• They work and the opposite way of an ATM and ATM, you withdraw money on these actually put money in.
• This is the ATM allow $1000 between $500,000 per transaction.
• We are seeing numbers in over 30 hot, 30 million dollars that has been boss by Floridians from crypto
• ATM scams alone.

Transcript Highlights:

• The ban will not hinder legitimate users because most crypto purchases are made through licensed crypto
• legitimate users because most crypto legitimate users because most crypto purchases<00:38:10.800
• <00:39:10.160> or uh kiosks or uh cryptocurrency ATMs or uh kiosks or uh cryptocurrency ATMs
• c> [clears throat] bit uh bitcoin ATMs [clears throat] bit uh bitcoin ATMs [clears throat] and<00
• c><00:41:46.160> in<00:41:46.240> the largest crypto kiosk operator in the largest crypto

Keywords: 910, house, all

Summary: The committee heard testimony on several measures. HB 1957, relating to safe entryways, would create enforcement procedures in large cities to prevent personal property from blocking private doorways or entrances. The Department of the Attorney General supported the concept but recommended moving the offense to the criminal code, adding clearer definitions to avoid vagueness, and including notice, inventory, storage, and property-disposition procedures to address constitutional concerns. No other testimony was offered and no questions were raised. HB 25003/HB 253, relating to fireworks, would expand civil asset forfeiture for certain fireworks offenses, revise the definition of aerial device, and clarify air-delivery offenses. The Attorney General supported the bill but suggested removing the 25-pound weight threshold to avoid unequal treatment of similar offenses. The Department of Law Enforcement also supported the measure, saying it would improve clarity for evolving fireworks investigations and prosecutions. The committee took no action during testimony. HB 2137, relating to artificial intelligence, would prohibit certain harmful uses of realistic AI-generated digital imitations, require disclosures, and create civil remedies and fines. The Commission on the Status of Women supported the bill, while the Hawaiian Islands Republican Women opposed it on First Amendment grounds. The Motion Picture Association, Recording Industry Association of America, and SAG-AFTRA also opposed the bill but said they preferred a different framework, the federal “No Fakes” model, and were willing to work with the committee on amendments. The Attorney General had suggested constitutional amendments, which the chair said would be considered later. The committee also heard HB 2198 on prediction markets, with the Honolulu prosecutor strongly supporting inclusion of prediction markets in the gambling definition because of concerns about speculative betting on events and national security-related outcomes. HB 1511 on consumer protection drew support from the Office of Consumer Protection and the Insurance Division, with OCP proposing clearer disclosure for license and registration renewal solicitations. HB 1897 on condominium alternative dispute resolution received supportive comments from the Real Estate Commission and CI. HB 1642 on crypto kiosks drew strong support from OCP and AARP Hawaii for a ban on kiosks accepting U.S. currency, but opposition from Hill Ventures, which argued for regulation and guardrails instead of a ban. HB 1753 on social media account deletion received supportive comments from DCCA on clarifying deletion of unique identifiers and inferences. HB 1654 on anonymous complaints against public employees drew strong opposition from the Attorney General over implementation and due process concerns, while the Government Employees Association supported it as a way to screen baseless complaints; the committee then moved on to HB 1659 on collective bargaining, with testimony beginning as the transcript ended.

Transcript Highlights:

• And, you know, when I think about, when I go to my ATM, my bank only allows me to do so much volume and
• And, you know, when I think about, when I go to my ATM, my bank only allows me to do so much volume and
• And so the banking industry has limitations on their ATM machines.
• This crypto ATM bill, House Bill 319, would provide much-needed regulation of the industry, and we applaud
• ATM. ...dollars to a scam using a crypto ATM.

Summary: The committee met with a quorum and heard five bills. HB 1097 would rename the Florida Catastrophic Storm Center at FSU as the Florida Center for Excellence in Insurance and Risk Management, transfer the public hurricane loss projection model from FIU to FSU, and provide recurring and nonrecurring appropriations to support independent insurance research and collaboration with OIR and other universities. Members discussed university roles, model oversight, independence from industry funding, and student/workforce benefits. The bill passed favorably on a roll call vote. HB 319 would create a regulatory framework for virtual currency kiosk businesses, requiring registration with the Office of Financial Regulation, consumer disclosures, and penalties for violations. Much of the discussion focused on fraud prevention, especially for seniors, and whether the bill should include transaction caps or stronger recovery tools; AARP supported the bill but urged additional protections. The bill passed favorably. CS/HB 385 made technical changes to the Florida Trust Code and Community Property Trust Act, including decanting, trustee claims, redemption by satisfaction, and homestead transfer treatment; an amendment conforming to the Senate version was adopted, and the bill passed favorably. CS/HB 97 would allow service of process for exploitation injunctions against unascertainable scammers through the same communication method used to contact the victim, such as text or social media, and would let courts freeze funds temporarily while the matter is heard. Testimony from elder law practitioners and AARP supported the bill as a tool against scams, while some members raised due process and overreach concerns; the bill passed favorably. HB 839 would shorten the overpayment recovery window for claims submitted to psychologists and HMOs to match other health providers, with the goal of improving parity and access to mental health care; an amendment was adopted, and the bill passed favorably. The meeting concluded with adjournment after the final roll call votes.

Transcript Highlights:

• This is not unique standards that don't apply to other ATMs.
• Yeah. ...other ATM. I just would be curious if we were talking to them at all.
• Just yesterday, Crypto Dispensers announced that they would be moving away from the physical ATMs to
• So when people hear ATM, they think the fee should be in line with what you can see from a bank ATM.
• We've been around for 10 years, which is basically dinosaur in crypto-speak.

Keywords: 985, all