Transcript Highlights:

• So, when they're redeemed, then the yield goes to the states. >> When they're redeemed, the yield accrues
• for cash, they are exercised or redeemed for cash, they are redeemed,<01:46:22.400> but<01:46
• So, they 100% >> when<01:46:29.920> they're<01:46:30.080> redeemed.
• Then the yield >> when they're redeemed.
• <01:48:10.560> large large dollars and redeeming large large dollars and redeeming large dollars

Keywords: 1189, house, all

Summary: The commission met to review stable tokens, real-world asset tokenization, and blockchain-based trust, approved the agenda and December 12 minutes, and heard a presentation from Anchorage Digital after postponing a planned Bitco presentation because of its IPO quiet period. Anchorage’s Melinda Delos, Joe Mioli, and Kevin Wasaki introduced the firm, describing it as a global digital assets platform and the first crypto-native institution in the U.S. to receive a federal banking charter. They said their approach emphasizes security, regulated custody and trading services, and responsible innovation for institutional clients, banks, states, and sovereigns. The presentation focused on post-Genius Act momentum in the stablecoin market. Anchorage said the law provided regulatory clarity and helped spur activity with major clients, including Athena, Tether, and Western Union. The speakers highlighted Western Union’s planned stablecoin as especially significant because it reflects adoption by a long-established traditional payments company, and they said the project illustrates how stablecoins can support programmable, real-time, interoperable payments. They also noted that Anchorage is providing issuance infrastructure for the Western Union project. The commission and presenters also discussed government uses of tokenized assets, including reserve legislation, digital assets for tax collection and fees, and a Marshall Islands initiative to use a tokenized sovereign bond for direct citizen payments. In response to a question, Anchorage said it would follow up on which states are using digital assets for revenue collection, mentioning Louisiana and Pennsylvania as examples. The banking discussion centered on remittances, instant payments, and interbank settlement, with Anchorage arguing that stablecoins can reduce settlement time, fees, and foreign exchange risk while improving traceability and auditability.

Transcript Highlights:

• got into a car accident because they were, you know, making poor choices and were drunk, but then redeem
• Are we saying that they're never redeemable for a position teaching?
• <01:46:55.120> Are then redeem themselves as a society.
• Are then redeem themselves as a society.
• we saying that they're never redeemable we saying that they're never redeemable for<01:46:57.600

Keywords: 1189, house, all

Transcript Highlights:

• They might redeem them all at one time. They may wait until later in the summer.
• They may partially redeem them throughout the summer.
• summer EBT cycle is we are doing it based on a report from our EBT vendor of what benefits were redeemed
• So now we are drawing funds as the benefits are redeemed, and then we are wiring them...
• Drawing funds as the benefits are redeemed, and then we are wiring them to the EBT vendor rather than

Summary: The Legislative Joint Auditing Committee met on June 5 and first adopted prior minutes and several committee reports. The executive committee report noted adoption of its minutes, staff updates on scheduled audits, approval of an annual financial audit for the City of Horseshoe Bend, and an update on the intern program. The Counties and Municipalities report covered delinquent private water and sewer audits, compliance follow-up with towns including Denning, Gum Springs, Omer, Fargo, Jericho, and Haynes, and review of current and deferred reports; the committee filed most current reports but deferred several and referred some matters to prosecutors and the Attorney General. The Educational Institutions report said 103 education audits were reviewed, most with no findings, while several school districts had findings and one Booneville School District finding was referred to law enforcement. The State Agencies report included findings at the Department of Finance and Administration and a deferred Department of Health report, and the committee filed 13 reports. The committee then received lengthy presentations on the State of Arkansas annual comprehensive financial report and the state single audit for fiscal year ended June 30, 2025. Legislative Audit issued unmodified opinions on the state financial statements, but identified two material weaknesses: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and improper methodology changes and documentation issues at the Division of Workforce Services affecting year-end estimates for unemployment-related accounts. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed. Auditors reported 33 findings overall, including 31 federal findings, $12.9 million in outstanding questioned costs, and qualified opinions for the Summer Electronic Benefit Transfer program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Committee members questioned DHS, the broadband office, OST, DFA, Education, and Workforce Services about the findings, corrective actions, cyber protections, federal drawdowns, child care reporting, and accounting methodology changes. Several agencies described corrective steps. DHS said it had changed how it draws Summer EBT funds, addressed provider revalidation and incarceration-related Medicaid issues, and updated internal processes and staffing. The broadband office said the questioned costs reflected invoice documentation disputes rather than missing payments and expected Treasury review to resolve the issue. OST said it was expanding logging, endpoint detection, and enterprise monitoring, and described broader cybersecurity investments, training, and a roadmap. DFA and Workforce Services addressed the workers’ compensation and unemployment accounting issues, with Workforce Services saying it had updated its policy and submitted the methodology to DFA. After discussion, the committee voted to hold the two statewide audit reports over until the August meeting, with members asked to submit specific questions in advance so only needed agencies would return. The final item was a special report on the Hot Spring County Solid Waste Authority for January 1, 2023 through June 30, 2025. The audit reviewed compliance with laws, board procedures, bidding, payroll, permits, inspections, and cash handling. It noted prior private audit findings on segregation of duties, that recent private audit reports had not been obtained for 2023 through 2025, and that the current administrator said prior office staff and bookkeeping contractors resigned when he was hired. The authority’s operations and revenue sources were described, and the report was presented for committee review.

Transcript Highlights:

• I want to have the consumers have a higher amount that's consistent with inflation that they can redeem
• : it is within the law now and is not proposed to be changed by this bill that you do not have to redeem
• without having the cash being paid back because it results in a whole lot of gift cards not being redeemed
• protecting consumers from the tremendous incentive not to have these cards actually be properly redeemed
• I also want to wish Assemblymember Pellerin a happy birthday, because I need to redeem myself.

Summary: The committee hearing covered several bills related to privacy, consumer protection, and online harms. SB 259 by Senator Wahab would prohibit surveillance pricing based on device data such as geolocation or battery level; supporters argued it would curb discriminatory and predatory pricing, while opponents raised concerns about geolocation definitions, legitimate location-based pricing, and impacts on discounts and loyalty programs. The bill was moved on a due pass motion to the Judiciary Committee and passed 8-1, with members noting amendments and ongoing discussions with stakeholders. SB 22 by Senator Laird would raise the amount of gift cards that can be redeemed for cash, with the author saying the goal is to update the long-standing $10 threshold for inflation and preserve consumer value. Consumer advocates supported the bill, while retailers, restaurants, grocers, and chambers of commerce opposed or opposed unless amended, citing fraud concerns, safety issues, and the need for clarification on donated or returned gift cards. The committee voted the bill out on a 6-1 vote and kept it on call. SB 576 by Senator Umberg would apply broadcast-style loudness rules to streaming advertisements. The author said the bill is intended to prevent ads from being much louder than programming, especially for children, while the opposition argued that streaming ad insertion is technically different and that existing industry standards and FCC oversight already address the issue. The bill passed 8-0. SB 683 by Senator Cortese would clarify that people can seek injunctive relief, including a TRO, for unauthorized use of name, image, or likeness; supporters said it strengthens privacy protections, while opponents warned about prior restraint and First Amendment concerns. The bill was moved out on a due pass motion and kept on call. The final bill discussed, SB 771 by Senator Stern, would clarify that existing civil rights and hate-related laws apply to social media platforms and their algorithms, with higher penalties for intentional or reckless violations. Supporters, including the Simon Wiesenthal Center and the Islamic Networks Group, described online hate as fueling real-world violence and urged stronger accountability; opponents argued the bill could conflict with Section 230, chill lawful speech, and create vague standards. Members raised questions about constitutionality, definitions, and whether the bill would be workable, but several expressed support for the author’s goals.

Transcript Highlights:

• from US Bank's bank account back to the bank account of the redeeming party.
• requisite amount that I want to redeem requisite amount that I want to redeem from<00:50:59.440>
• redeeming party. redeeming party.
• So, if on B2C2, I can't send, redeeming.
• To be uh to be redeemed on chain, right?

Keywords: 1189, house, all

Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.

Transcript Highlights:

• So we don't need to redeem it.
• The other one we should redeem.
• I got word from my director that it's best if we redeem that one. an additional right.
• The other one we should redeem.<00:53:55.839> I<00:53:56.079> got<00:53:56.240> word
• We are<00:54:27.400> redeeming<00:54:28.400> and<00:54:28.720> clarifying are redeeming

Keywords: 912, senate, all

Summary: The committee first considered a series of Governor’s Message nominations, largely to the State Council on Developmental Disabilities and one to the Hawaii Advisory Commission on Drug Abuse and Controlled Substances. Testifiers and agencies spoke in strong support of the nominees, emphasizing their advocacy, community involvement, and lived experience. The committee heard from nominees and supporters for John Paul Moses III, Cynthia Fowler, Joshua Eay, Alicia Kim, Raymond Mamea, Maria Christina Valenzuela, Eden Watabayashi, Sierra Whiteside, and Brandy Lynn Macallani Hayen. After hearing testimony, the committee voted to advise and consent on each nomination, with the votes adopted by the members present. The committee then took up SR 53 / SCR 69, which asks the Department of Health to convene a pharmacy benefit manager working group to improve transparency, fairness, and drug affordability. Supporters included the Hawaii Pharmacist Association, the University of Hawaii system, and several individuals, while the Department of Health said the issue is complex and may require additional support or a different structure. Members discussed whether the Department of Health should lead the effort or whether another entity, such as SHIPA with an appropriation, might be more workable; the Department of Health suggested a $100,000 appropriation could be sufficient. Next, SR 56 / SCR 73 proposed a report on the developmental needs of children born during the COVID-19 pandemic. The Office of Wellness and Resilience supported the measure and asked for an extended deadline to the end of 2026, and several youth, mental health, and community organizations testified in support. The committee also heard SR 69 / STR 86 on creating an aeromedical services working group, with support from Air Methods, the Department of Health, and the Hawaii Medical Association, and SR 99 / STR 118 on studying the use of filtered catchment water for business activity, which drew support from the Plumbing and Mechanical Contractors Association and comments from the Department of Health that the issue is complicated and should include the Department of Agriculture. No final votes on the resolutions were taken in the portion of the meeting provided.

Transcript Highlights:

• over 500 authorized growers in the program, and we've seen over half a million dollars in benefits redeemed
• We've seen over half a million dollars in benefits redeemed.
• Patients can receive about $250 to $500 in vouchers over a six-month period, and they can redeem them
• Since 2015, we've had more than $7.4 million in fruit and vegetable incentives redeemed at 121 farmers
• markets, and another $13.8 million has been redeemed at over 200 brick-and-mortar and online grocery

Summary: The House Agriculture and Natural Resources Committee held a work session on food systems and food security, with no public testimony. The first panel focused on household food security and data. Marie Spiker of the University of Washington explained what food insecurity means, its health impacts, and the importance of reliable measurement, warning that the federal Census food security data is being terminated and that there is no true replacement. She described Washington’s WaFOOD surveys as a useful complement, not a substitute, and noted that they show food insecurity affects households at a range of income levels. Katie Raines of WSDA described the state’s food systems work, the need for shared data and dashboards, and the role of agriculture in both food production and the hunger safety net. Committee members asked about the $2.2 million state food assistance allocation, the scale of the SNAP gap, and how household size, housing costs, and other factors intersect with food insecurity. The committee then heard from Tracy Roof of the University of Richmond on the history of SNAP and its relationship to agriculture. She traced the program from Depression-era commodity distribution through the modern farm bill, emphasizing that food assistance has long functioned both as anti-hunger policy and as an agricultural and economic stabilizer. She highlighted how SNAP expands during recessions, supports retailers and farmers, and has become more important since the Great Recession because participation stayed high even as the economy recovered. Roof also noted that Washington has relatively high SNAP participation and low payment error rates, but that recent federal changes could reduce eligibility and shift more costs to states. Members asked how Washington compares to other states and why the program is structured as it is. A later panel featured the Washington State Food Policy Forum and a joint systems presentation from the Washington Farm Bureau, Washington Retail Association, and Washington Food Industry Association. The Food Policy Forum described its consensus-based recommendations on food insecurity, climate and water, regional food infrastructure, farmland protection, and farm viability, including more support for producer purchasing, water planning, and farmland conservation. The industry groups presented a systems map showing how agriculture, processing, retail, and transportation are interconnected, and argued that rising costs, regulations, labor and fuel expenses, retail theft, and thin margins make it harder to keep farms and stores viable. They said food security depends on store viability and local agricultural profitability, and promised to provide a more detailed list of policy recommendations. The final panel included state agency staff from DSHS, DOH, and WSDA. Bryce Montgomery said the Basic Food program serves about 920,000 Washingtonians monthly and warned that H.R. 1 could require Washington to pay up to 15% of SNAP benefits, broaden work requirements, and restrict immigrant eligibility. Karen Mullen described DOH nutrition programs, including WIC, farmers market nutrition benefits, fruit and vegetable incentives, and a fruit-and-vegetable prescription program, while noting funding instability and the end of SNAP-Ed. WSDA’s Katie Raines began describing ongoing food assistance and farmer support challenges, including farmer mental health and the need to address food insecurity across both producers and consumers.

Transcript Highlights:

• It requires eligible stablecoins to be fully backed, redeemable for U.S. dollars, and comply... use,
• Require eligible stable coins to be fully backed, redeemable for U.S. dollars, and comply ...require
• eligible stablecoins to be fully backed, redeemable for U.S. dollars, and comply with federal financial
• provides DFS with the authority to audit or examine stablecoin issuers to verify reserve backing, redeemability

Bills: S0158, S0314, S0618, S0684, S0838, S0990, S1000, S1082, S1452, S1494, S1500, S1568, S1706

Keywords: pet insurance, consumer protection, insurance regulation, policy disclosure, agent training, payment stablecoin, financial regulation, anti-money laundering, state oversight, digital currency, financial services, workers compensation, Florida statute, commercial insurance, insurance board, electronic signatures, vehicle titles, insurance regulations, auditing, total loss vehicles

Summary: The Banking and Insurance Committee heard and advanced a wide range of insurance, financial services, and probate bills. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and was reported favorably. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program for emergency out-of-network claims. After extensive discussion about the relationship between the state and federal No Surprises Act processes, an amendment was withdrawn due to concerns about clarity and scope, but the bill itself was supported by providers and insurers and was reported favorably. The committee also approved SB 684 on electronic signatures for total loss vehicles and vessels, CS/SB 158 on pet insurance consumer disclosures and agent education, SB 1494 expanding breast cancer screening coverage, CS/SB 314 on digital assets and stablecoin issuers, and CS/SB 1500 on uncontested probate procedures and small-estate administration. SB 618 on workers’ compensation insurance was amended to raise the consent-to-rate cap for workers’ compensation policies from 10% to 20% and then reported favorably, with supporters saying it would help keep higher-risk employers in the voluntary market. CS/SB 1568 creating a Florida Stablecoin Pilot Program was amended to remove authority for a Florida coin and limit the program to existing stablecoins, then passed. Later, the committee approved CS/SB 838 on electronic payment convenience fees for retail installment contracts, with the sponsor emphasizing that a fee-free payment option must still be offered. SB 1452, the Department of Financial Services agency bill, was amended and reported favorably; it covered My Safe Florida Home administration, insurance and licensing changes, unclaimed property updates, and other DFS-related provisions. The committee also passed SB 1706 on the My Safe Florida Condominium Pilot Program, targeting owner-occupied condominiums at or below 80% of area median income, and SB 990 on protected cell captive insurance companies, which supporters said would modernize Florida’s captive insurance laws and encourage more competition. The meeting ended with all listed bills reported favorably and the committee adjourned.

Transcript Highlights:

• It requires eligible stablecoins to be fully backed, redeemable for U.S. dollars, and comply... use,
• Require eligible stable coins to be fully backed, redeemable for U.S. dollars, and comply ...require
• eligible stablecoins to be fully backed, redeemable for U.S. dollars, and comply with federal financial
• provides DFS with the authority to audit or examine stablecoin issuers to verify reserve backing, redeemability

Summary: The Senate Committee on Banking and Insurance met with a quorum present and heard a full agenda of bills, most of which were reported favorably. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and passed without objection after supportive testimony from banking and credit union groups. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program; the sponsor described it as a way to move emergency out-of-network payment disputes away from costly litigation and into an independent dispute resolution process modeled on the federal No Surprises Act. A proposed amendment drew significant questions from senators and concerns from the Florida Insurance Council about confusion over state versus federal eligibility and possible effects on contracted rates, and the sponsor ultimately withdrew the amendment. The underlying bill was then supported by health care and insurance stakeholders and reported favorably. SB 684 on electronic signatures for total loss vehicles and vessels also passed, with Progressive Insurance waiving in support. The committee next approved CS/SB 158 on pet insurance, which requires continuing education for agents, clearer consumer disclosures, and annual reporting to OIR; the amendment was technical and adopted. SB 1494 on breast cancer screening coverage was presented as expanding required coverage for mammograms and supplemental screenings for certain insurance products, and it passed with support from cancer and radiology groups. CS/SB 314 on digital asset issuers was amended to create a Florida framework for payment stablecoin issuers consistent with the federal GENIUS Act, allowing state-level regulation as an alternative to federal supervision, and was reported favorably. SB 1500 on uncontested probate proceedings, including higher small-estate thresholds and clearer authority for personal representatives, also passed after a banking-related amendment requiring letters of administration for safe deposit box access was adopted. Later, the committee approved CS/SB 618 on workers’ compensation insurance, which raises the consent-to-rate cap for workers’ comp policies from 10% to 20% and adjusts the Florida Workers’ Compensation Guarantee Association board membership; a carrier representative testified that the change would help keep more high-risk accounts in the voluntary market. CS/SB 1568 on a Florida Stable Coin Pilot Program was amended to remove authority for DFS to create a Florida coin, limit the pilot to existing stablecoins with at least $1 billion market capitalization, and require qualified public deposit handling; it then passed. CS/SB 838 on electronic payments for retail installment contracts clarified that convenience fees for electronic payments are permissible while preserving a fee-free option, and it was reported favorably after questions about consumer access to free payment methods. SB 1452, the Department of Financial Services agency bill, made a wide range of administrative changes affecting My Safe Florida Home, unclaimed property, licensing, bail bonds, and other DFS functions; a late-filed amendment on title insurer appointments was adopted, and the bill passed. The committee also approved SB 1706 on the My Safe Florida Condominium Pilot Program, targeting condo hardening assistance to owner-occupied units meeting income and occupancy criteria, and SB 990 on protected cell captive insurance companies, which the sponsor and industry witnesses said would modernize Florida law and promote insurance competition and economic activity. The meeting ended with all bills on the agenda reported favorably and the committee adjourning without objection.

Transcript Highlights:

• Then may we bear witness in the face of all we endure to your steadfast and redeeming work in our lives
• TO YOUR STEADFAST AND REDEEMING WORK IN OUR LIVES AND IN THE WORLD. IN YOUR SOVEREIGN NAME WE PRAY.

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, April 9, 2026, 1012, house, all

Transcript Highlights:

• It requires eligible stable coins to be fully backed, redeemable for U.S. dollars, and comply with federal
• It requires eligible stable coins to be fully backed, redeemable for U.S. dollars, and comply with federal
• provides DFS with the authority to audit or examine stable coin issuers to verify reserve backing, redeemability

Summary: The Appropriations Committee on Agriculture, Environment, and General Government heard and reported favorably several bills. CS/SB 800 would increase penalties for repeated unlicensed engineering practice and create an engineering student loan assistance program funded by licensure fees and fines; Senator Sharif asked about restitution for victims, and the sponsor said the bill does not create a reimbursement mechanism. CS/SB 576 would create a local government cybersecurity protection program administered by Florida Digital Service, with state purchasing support, grant access, and data-sharing requirements; local government and cybersecurity groups waived in support. CS/SB 1078 would establish transition procedures between gubernatorial administrations, including liaisons, briefing books, office space, IT access, and access to agency records under a signed confidentiality agreement. The committee also reported favorably CS/SB 314 on payment stablecoin issuers, CS/SB 530 updating lottery operations and security rules, CS/SB 1614 giving JAC/LAC-related audit findings more enforcement effect for local governments seeking state funds, SB 990 authorizing protective cell captive insurance companies, SB 1588 beginning implementation of the prior gold-and-silver legal tender law, CS/SB 1440 adding cybersecurity-related exemptions and reporting provisions for financial institutions, and CS/SB 1568 creating a stablecoin pilot program for DFS fee payments. Several bills had support testimony from state agencies and industry groups, and some included technical or guardrail amendments that were adopted without objection. The committee also received a budget overview highlighting major funding items, including more than $350 million for Florida Forever, $738 million for Everglades restoration, more than $500 million for water quality projects outside the Everglades, $60 million for Farmers Feeding Florida, and more than $250 million for citrus recovery. Members asked questions about school lunch funding, state park improvements, land acquisition, water quality funding, gaming enforcement offices, and staffing for PERC. After the bills and budget discussion, members recorded a few affirmative votes on selected tabs, and the committee adjourned.

Transcript Highlights:

• SCR 48, declaring the intent that affordable housing credits are perpetual and remain valid until redeemed
• SCR 48, declaring the intent that affordable housing credits are perpetual and remain valid until redeemed
• SCR 48, declaring the intent that affordable housing credits are perpetual and remain valid until redeemed

Bills: SCR48

Keywords: affordable housing, housing credits, perpetual credits, development, Hawaii Housing Finance, 910, house, all

Summary: The Housing Committee met on SCR 48, which declares that affordable housing credits are perpetual and remain valid until redeemed, and asks counties to recognize them without expiration dates. Testimony was overwhelmingly supportive, with speakers saying the resolution clarifies the intent of the 2024 act and provides clear parameters for the credits. No one testified in opposition or offered questions. The committee then took up SCR 48 for decision-making and adopted the chair’s recommendation to pass the resolution as is. The measure passed with one member voting with reservations. The chair noted this was the committee’s final hearing of the year and thanked advocates, stakeholders, staff, and IT support before adjourning. The transcript also included portions of the Transportation Committee and a joint Transportation/Housing hearing. Transportation advanced SCR 31 on school bus driver licensing and workforce improvements, SCR 132 urging Honolulu to prioritize the rail extension, SCR 145 on studying a demerit point system, and SCR 110 SD 1 on evaluating state-owned logistics facilities for housing projects. SCR 110 drew support from labor groups, with a request to add labor representation to the working group. The committees adopted recommendations on those measures, including SCR 110 with amendments.

Transcript Highlights:

• And when we implemented the program, we funded the entire $120, not knowing when the families would redeem
• They might redeem them all at one time. They may wait till later in the summer.
• They may partially redeem them throughout the summer.
• Summer EBT cycle is we are doing it based on a report from our EBT vendor of what benefits were redeemed
• So now we are drawing funds as the benefits are redeemed and then we are wiring them to the EBT vendor

Keywords: 1204, all

Summary: The Legislative Joint Auditing Committee met on June 5 and first adopted the March 2026 minutes, then approved reports from the executive committee and the standing committees on counties and municipalities, educational institutions, and state agencies. The counties and municipalities report noted progress on delinquent private water and sewer audits, compliance improvements by Denning and Gum Springs, and a 60-day compliance window for Omer and Fargo; several reports were deferred, while others were referred to prosecutors, the Attorney General, or the Government Bonding Board. The educational institutions committee filed 103 audit reports, including findings for several school districts, and one Booneville School District finding was referred to law enforcement. The state agencies committee filed 13 reports and deferred one Department of Health report to August. The committee then reviewed the State of Arkansas annual comprehensive financial report and single audit for fiscal year 2025. Legislative Audit reported clean opinions on the state’s financial statements, but identified two material weaknesses: insufficient internal controls at the Office of State Technology over threat monitoring and unauthorized access, and problems at the Division of Workforce Services with changes to year-end accounting estimates and documentation for unemployment-related receivables and payables. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed; auditors reported 33 findings, including 31 federal findings, $12.9 million in outstanding questioned costs, and qualified opinions for the Summer EBT program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Findings included improper advance draws and reporting issues in Summer EBT, documentation problems in broadband projects, and reporting/reconciliation issues in child care funding. Members questioned agency officials from DHS, the Office of State Technology, the Department of Finance and Administration, the Department of Education, and Workforce Services about the findings and corrective actions. DHS said the Summer EBT issue involved drawing funds in advance and that procedures had been changed for the 2026 cycle; it also explained several repeat findings as timing or provider-enrollment issues. OST officials said they were expanding logging, endpoint detection, and enterprise monitoring, and described cybersecurity as a moving target requiring more investment and training. DFA and Workers’ Compensation officials discussed the workers’ comp fund’s actuarial position and said it should be monitored but did not require immediate action. Education officials said the child care reconciliation problems stemmed from a former employee’s failure to reconcile reports, that staffing and checks had been strengthened, and that the federal funding cut affecting child care was a separate issue. The committee voted to hold the two major state financial reports over until the August meeting, with members asked to submit specific questions in advance, and then received a special report on the Hot Spring County Solid Waste Authority review.

Transcript Highlights:

• what's in real property and about a redemption period so people with disabilities have 9 years to redeem
• have<01:12:25.120> 9<01:12:25.440> years<01:12:25.760> to<01:12:25.880> redeem
• <01:12:26.720> to disabilities have 9 years to redeem to disabilities have 9 years to redeem
• to redeem redeem redeem uh<01:12:28.920> delinquent<01:12:29.400> notices.

Keywords: 981, all

Summary: The Senate convened with a quorum, approved the journal, and received a series of committee reports and appointments. Reports included favorable action on several bills from Finance, State Veterans and Military Affairs, and Business, Labor, and Technology, along with a recommendation to place some measures on the consent calendar. The chamber also moved through a long set of personal-privilege tributes and April Fools’ Day remarks recognizing Senate President James Coleman, the House, and various guests and organizations, with a few lighthearted fines announced for members participating in the joke tributes. On third reading, the Senate considered three consent-calendar House bills. House Bill 1024, concerning voluntary relinquishment of a child and extending the age from 72 hours to 30 days, passed 35-0. House Bill 1002, dealing with access to behavioral health providers and related licensing and network participation changes, passed 30-5 after several senators recorded no votes. House Bill 1023, clarifying a political party’s liability for certain accessibility requirements related to ballot access for persons with disabilities, passed 35-0. The Senate then took up House Bill 1259, an early childhood services measure affecting licensing exemptions, reimbursement, universal preschool funding, eligibility, reporting, and advisory bodies. A substantive third-reading amendment was adopted 35-0 after discussion about the bill’s treatment of 3-year-olds, and the bill then passed 32-3. House Bill 1058, providing protections for minors featured in digital content, passed 33-2. The chamber also granted, then withdrew, leave for the Joint Budget Committee to meet while the Senate was in session, and later moved into Committee of the Whole for second reading of House Bill 1120, a mobile-home taxation and delinquent property tax measure, where the Finance Committee report was adopted and an amendment was discussed to align legal-disability language and redemption-period provisions.

Transcript Highlights:

• And number three is utterly without redeeming social value.
• Respect to what is suitable for minors, correct, and is utterly without redeeming social value for minors
• Clearly those are with redeeming...
• Social value because obviously that last element is utterly without redeeming social value and clearly
• going to be some sort of, is some subjective third party that gets. to determine what has social redeeming

Bills: SJR18, SCR5, SCR13, SCR25, SB3, SB6, SB10, SB11, SB12, SB13, SB15, SB17, SB18, SB35, SB388, SB412, SB441, SB495, SB666, SB687, SB706, SB740, SB815, SB842, SB917, SB925, SB995, SB1006, SB1281, SB1300, SB1379, SB1451, SB1902, SJR36, SJR18, SJR12, SCR13, SCR25, SCR5, SCR22, SB565, SB372, SB495, SB842, SB765, SB62, SB19, SB18, SB666, SB707, SB888, SB687, SB706, SB847, SB290, SB11, SB10, SB13, SB412, SB441, SB1248, SB740, SB14, SB1006, SB504, SB917, SB925, SB388, SB1902, SB1121, SB995, SB857, SB305, SB296, SB284, SB35, SB6, SB815, SB3, SB1281, SB1379, SB1300, SB1497, SB1499, SB1498, SB1451, SB1061, SB15, SB65, SB241, SB304, SB402, SB499, SB621, SB974, SB1023, SB1024, SB1025, SB1106, SB686, SB112, SB371, SB204, SB400, SB609, SB1447, SB670, SB502, SB427, SB850, SB854, SB413, SB1555, SB1362, SB1346, SB1033, SB1220, SB1073, SB810, SB987, SB1539, SB893, SB447, SB875, SB406, SB509, SB985, SB965, SB17, SB1119, SB1505, SB12, SB24, SB57, SB1194, SB1253, SB1215, SB1532, SB1268, SCR12, SCR24, SB1302, SB856, SB650, SB583, SB673, SB840

Keywords: capital gains, taxation, constitutional amendment, state revenue, individual investment, SCR 5, Senate Concurrent Resolution 5, Texas School for the Deaf, TSD, Robert Rives, gymnasium naming, building naming, honorary resolution, commemorative resolution, deaf education, hard of hearing, Gallaudet University, alumni hall of fame, football coach, school facility naming

Transcript Highlights:

• And first it's at least 65% of the gross sales need to be redeemed as winnings.
• <00:03:48.120> And need to be redeemed as winnings. And need to be redeemed as winnings.
• Um, but you do at least have that at least 65% of the gross sales would be redeemed as winnings each
• That at least 50% of the proceeds are redeemed as winnings, and then the other 50% can be used for the
• <00:19:01.520> as<00:19:01.640> winnings of the proceeds are redeemed as winnings of

Keywords: 916, all

Transcript Highlights:

• It just gives the person an opportunity to redeem themselves. Can I, am I allowed to?
• But with the current regulations, I'm forever condemned, even though I have redeemed myself by the board's
• Even though I have redeemed myself by the board's very own standards. Take your time.
• these education programs, and to have your whole career taken from you on something that you have redeemed

Bills: HB2408, HB2434, HB2725, HB2728, HB2729, HB2730, HB2731, HB2732, HB2733

Keywords: nursing board, regulatory actions, disciplinary actions, expungement, healthcare professionalism, controlled substances, prescription monitoring, opioid crisis, healthcare regulations, patient safety, prescription drugs, opioids, healthcare, pain management, utilization controls, AHCCCS, Department of Economic Security, social services, welfare programs, vocational rehabilitation

Summary: The committee first took up several continuation bills to extend state boards and agencies, including HB 2728 for the Department of Economic Security, HB 2729 for the State Board of Nursing, HB 2730 for the Board of Occupational Therapy Examiners, HB 2731 for the Physician Assistants Board, and HB 2732 for the Board of Pharmacy. Each was moved for a due pass recommendation, with HB 2731 amended to continue the physician assistant board for four years instead of two. All of these continuation bills passed the committee with strong support. The committee then heard HB 2408, a nursing board reform bill dealing with complaint investigation procedures, timelines, confidentiality, complaint prioritization, access to investigative files, expungement of certain disciplinary actions, and a revised definition of unprofessional conduct. The sponsor and supporters argued it would improve fairness, allow limited expungement for older non-patient-safety issues, and address long investigation delays. The nursing board president and other opponents warned it would raise the evidentiary standard, weaken patient safety protections, and erase useful disciplinary history. After extensive testimony, the committee adopted an amendment and passed the bill 7-4-1. Next, the committee considered pharmacy-related reforms. HB 2434 updated the controlled substances prescription monitoring program, including registration, reporting, confidentiality, and a compliance work group; it passed unanimously after amendment. HB 2733 allowed pharmacists and technicians to complete continuing education after renewal submission if finished before expiration, clarified prescription delivery locations, and addressed temporary operation during ownership changes; it also passed unanimously after amendment. Finally, HB 2725, which would have restricted access contractors from substituting non-opioid drugs and limiting non-opioid utilization controls, drew concerns that it was too broad and could affect many drug classes and costs. After amendment and debate, the committee failed to give HB 2725 a due pass recommendation by a 6-6 vote, and the meeting adjourned.

Transcript Highlights:

• receive a unique identifier to assign credits to the candidates of their choice that can then be redeemed
• Section 13 the maximum redeemable Section 13 the maximum redeemable credits<00:26:45.600> as<
• Yes, um, the credits can be redeemed to a party, um, or yes, a candidate that is in your district.
• Yes, um, the credits can be redeemed to a party, um, or yes, a candidate that is in your district.
• Yes, um, the credits can be redeemed to a party, um, or yes, a candidate that is in your district.

Keywords: 1187, senate, all

Transcript Highlights:

• And when we implemented the program, we funded the entire $120, not knowing when the families would redeem
• They might redeem them all at one time. They may wait till later in the summer.
• They may partially redeem them throughout the summer.
• summer EBT cycle is we are doing it based on a report from our EBT vendor of what benefits were redeemed
• So now we are drawing funds as the benefits are redeemed, and then we are wiring them to the EBT vendor

Summary: The committee met to adopt prior minutes and reports from its executive and standing committees, including counties and municipalities, educational institutions, and state agencies. Those reports covered routine audit activity, delinquent private water and sewer audits, municipal accounting compliance issues, education audit findings, and several state agency audit items. The committee also reviewed and adopted the State of Arkansas annual comprehensive financial report for fiscal year 2025 and the related single audit report, both presented by Legislative Audit staff. The state financial report showed unmodified opinions on the state’s financial statements and described total assets of about $41.9 billion and liabilities of about $11.1 billion, along with retirement system assets of $39.9 billion and a net pension liability of $9 billion. Two material weaknesses were identified: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and a Division of Workforce Services methodology change for unemployment-related estimates that was not properly documented or approved. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed; it resulted in 33 findings, 14 with questioned costs totaling $16.6 million, and qualified opinions for the Summer EBT program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Members questioned agency officials in detail about the Summer EBT questioned costs, DHS unresolved findings, broadband grant documentation, cyber security controls, workers’ compensation liabilities, and child care funding and reporting. DHS explained that the Summer EBT issue involved drawing federal funds in advance rather than as benefits were redeemed, and said the process has been corrected. Broadband officials said the questioned $6.6 million reflected documentation-detail disagreements across many invoices rather than missing payments. OST officials described new logging, endpoint detection, and phishing-training efforts, and DFA and Education officials addressed specific audit findings and corrective actions. The committee ultimately moved to hold the two large statewide reports over until the August meeting for further review, with discussion continuing on whether to release some agency staff in the meantime.

Transcript Highlights:

• Okay, so if I'm redeeming or depositing, there's an administrative fee? That's our intention, sir.
• just talking about if you put a gold bar in there, the gold bar is sitting there, and if you want to redeem
• And if you want to redeem that, you can get it back out of the depository.
• Yes, sir, but you can redeem for physical gold or for dollars. That's right.
• Yes, sir, but you can, you can redeem for physical gold or for dollars. That's right.

Bills: HB42

Keywords: special prosecutor, state law, criminal justice, accountability, law enforcement

Summary: The committee heard Senator Flores lay out the committee substitute for HB 2894, which would expand state reimbursement eligibility for local governments disproportionately affected by the disabled veterans homestead exemption. Flores said the bill would add certain municipalities in Bell, Coryell, and Lampasas counties if lost ad valorem tax revenue equals or exceeds 10% of general revenue, while existing recipients would remain under the current 2% threshold. Lampasas and Bell County officials and the City of Killeen testified in support, describing significant revenue losses and urging adequate funding. One witness, Howard Avery, argued any reimbursement should be counted as property tax revenue for voter-approval rate purposes to avoid a windfall. The committee later adopted the substitute and reported the bill favorably, with one nay. The committee also heard SB 782, which would create a temporary severance tax exemption for restimulated inactive oil and gas wells, intended to encourage investment in mature wells. The Comptroller explained the revised fiscal note as effectively zero because the wells are currently marginal and not generating meaningful tax revenue, while industry witnesses said the bill could extend well life, support local economies, and reduce orphan-well liabilities. Public testimony was supportive, and the bill was left pending. Members then heard HB 3033, a DPS-related grant program funded by voluntary $3 donations on driver’s license and ID applications to support nonprofits aiding injured or fallen DPS officers and their families, including memorial highway signs. The DPS Officers Association supported the bill, citing existing foundation assistance and the need for a steady funding stream. The committee later reported the bill favorably. The committee also considered SB 524, which would permanently extend the franchise tax and fee exemption for qualifying veteran-owned businesses for their first five years; testimony from a veteran business owner and veterans advocates supported the measure, and the committee adopted the substitute and reported it favorably. Additional measures were laid out and left pending or voted out: HB 3594, a local San Antonio retiree health care fund bill with agreed changes for contributions, spouse benefits, and remarriage rules, was supported by stakeholders and reported favorably; HB 4738 would repeal small administrative fees tied to certain loans and was reported favorably; HB 42 on HEAF funding and HB 5246 on the Texas Space Commission were heard and left pending. The committee also reported HB 3474, a cleanup bill for the Pension Review Board’s investment performance review schedule, and HB 2802, the Austin firefighter retirement fund bill, both favorably. Finally, the committee took up HB 1056, which would allow gold and silver held in the Texas Bullion Depository to function as legal tender through debit-card transactions. Supporters framed it as a way to use hard assets and expand financial options, while bankers and some senators raised major operational, consumer-protection, tax, and constitutional questions; the bill remained under discussion as testimony began.