Transcript Highlights:

• And then we push that out as tech transfer as well.
• But once it's financed, it transfers to the university.
• Just a question on the transfers. That's interesting.
• Just a question on the transfers. That's interesting.
• These credits already can transfer.

Summary: The committee first reviewed the 2024-25 tuition waiver report for the North Dakota University System. Staff explained that waivers were reported for degree-seeking students and broken out by residency, institution, and waiver type. Members asked about partial versus full waivers, institutional discretion, athletic waivers, and whether campuses have published guardrails or transparency requirements. Staff said most waivers are set by institutions, with some statutory and board-required categories, and that athletic waivers are a small share of total waiver dollars. The report showed total gross tuition of $354.5 million, tuition waived of $38.9 million, and 11,193 of 42,040 students receiving some waiver. Members also discussed how waivers affect net tuition revenue, housing and food collections, and whether campuses are using waivers strategically compared with scholarships and other funding sources. The committee then heard a presentation on tuition rates by campus and State Board policy. Staff explained the board’s tuition factors for resident, Minnesota reciprocity, contiguous-state/U.S. nonresident, and international students, and noted that campuses often seek exceptions based on program-specific competition and enrollment goals. Members asked whether rates are based on cost or competition, and staff said campuses typically bring forward estimates and market comparisons when requesting special rates. The presentation also reviewed general fund appropriations versus net tuition revenue by campus, and members discussed how local tuition decisions and waivers do not directly affect the state funding formula, though they do affect institutional revenue and reserves. Questions were also raised about the Higher Learning Commission’s financial composite indicator and how it differs from the more intuitive reserve and revenue figures. The committee next received a broad overview of non-higher-education entities affiliated with the State Board of Higher Education, beginning with NDSU agriculture-related units. Dr. Greg Lardy described the State Board of Agricultural Research and Education, the NDSU Extension Service, the Agricultural Experiment Station, and the branch research centers, emphasizing their statewide role in crop and livestock research, extension education, and county-based outreach. He outlined funding mixes for extension, the experiment station, and branch stations, noting that grants and contracts support both research and education, while the agronomy seed farm is self-funded through seed sales. Members asked about the new and vacant FTE pool, R1 research status, matching requirements for grants, and whether state appropriations count toward research expenditures. Dr. Lardy also highlighted major research impacts, including crop varieties, virtual fencing, AI-assisted weed control, and NDAWN weather data. The Northern Crops Institute and the Upper Great Plains Transportation Institute also presented. NCI described its role in market development, technical services, and education for regional agriculture, its governance through the Northern Crops Council, and its funding from state appropriations, other states, and earned revenue. Members asked about the source of out-of-state funding, intellectual property, and the institute’s international reach. UGPTI then outlined its transportation research, federal and state funding structure, and work on road and bridge condition assessments, travel demand modeling, and workforce training. No votes were taken during the portion of the meeting reflected in the transcript.

Transcript Highlights:

• The bottom two transferred from the Department of Education: Early Childhood Health and Developmental
• of custody to a relative um transfer of custody to a relative um financial<00:37:37.440><c> support<
• We just want to make sure that everybody is very clear about exactly who's being transferred and who
• We just want to make sure that everybody is very clear about exactly who's being transferred and who
• Clear about exactly who's being transferred and who is not. So that's the A30 amendment.

Committee: Senate Health and Human Services

Transcript Highlights:

• of unexpended information the transfer of unexpended information technology<00:27:30.080><c> annual<
• </c> connection therewith transferring connection therewith transferring unspent<00:27:54.080><c> money
• And there will be no reporting requirements on the cash fund that was created to transfer these funds
• And there will be no reporting requirements on the cash fund that was created to transfer these funds
• </c> pay attention to this, it's a transfer pay attention to this, it's a transfer from<01:09:45.880>

Transcript Highlights:

• allow current gillnet fishermen to continue to fish for as long as they want, but restricts the transfer
• of the permits after 2027, except for a one-time transfer to a family member.
• Allowing a one-time family member transfer recognizes the importance of family-run fishing businesses
• to the Department of Fish and Wildlife are minor and absorbable, while a reduction in renewal or transfer
• So are utilities going to start receiving notice from the counties of transfers, or are they going to

Summary: The Assembly Appropriations Committee met on May 21, 2025, with 86 bills on the agenda. The committee first approved two consent motions covering a group of bills eligible for the Assembly floor consent calendar and another group of unanimous bills not eligible for floor consent. Several bills were then heard individually, with authors and supporters emphasizing that many had no or minimal state costs and were aimed at climate, health, or regulatory improvements. Among the bills discussed were AB 39 on local planning for electrification and EV charging infrastructure; AB 1129 allowing local health jurisdictions to opt into reporting birth defects and early-life health conditions; AB 1332 to allow narrow direct shipment of medicinal cannabis to seriously ill patients; AB 1056 phasing out transfer of certain gillnet permits except for a one-time family transfer; AB 408 creating a new Medical Board health and wellness program for physicians; AB 546 requiring health plans to cover portable HEPA air purifiers for vulnerable people during wildfire emergencies; AB 942 revising rooftop solar subsidy rules to reduce costs for non-solar ratepayers; and AB 967 expediting licensure for out-of-state physicians. Supporters generally framed these bills as improving access, equity, public health, or affordability, while opponents on AB 942 and AB 967 raised concerns about implementation, workload, contract issues, and impacts on existing programs. The committee took action on each bill after testimony and questions. AB 39, AB 1129, AB 1332, AB 1056, AB 408, AB 546, AB 942, and AB 967 were all moved out of committee on roll call votes, with some members voting no or not voting on certain measures. The suspense calendar was then read and deemed approved, and the committee opened general public comment, where speakers voiced support for bills including AB 715, AB 1138, AB 782, AB 98, AB 53, AB 258, AB 330, AB 650, AB 649, AB 1048, and AB 425. The meeting adjourned after public comment.

Transcript Highlights:

• Those are the limits on transfers, the allowance of transfers.
• on transfers, the allowance of<04:07:50.239><c> transfers.
• </c> with the exemption from certain transfer with the exemption from certain transfer procedures.<04
• </c> department of energy transfer authority. department of energy transfer authority.
• Uh the transfer from energy fund.

Summary: The committee of conference on HB 1 and HB 2 met to review revenue estimates and begin working through a side-by-side of the budget. New Hampshire Lottery Director Charlie McIntyre testified that lottery revenues are outperforming prior estimates, projecting a $27 million return to the state this year, up $7 million, and $200 million per year in the next biennium, up $6.5 million per year. He attributed the increase to stronger scratch ticket sales, no negative impact from Massachusetts sports betting, and overall better performance. Members questioned the assumptions behind the higher numbers, including the proposed $50 scratch tickets, the effect of inflation, and whether the projections were conservative enough. McIntyre said the $50 ticket could produce modest growth and that the estimates were intentionally cautious. The discussion also covered gaming revenue assumptions for historical horse racing and video lottery terminals, with McIntyre saying the state market is not yet saturated and that future conversions from HHR to VLTs should be net positive for the state. Members also discussed differences between House and Senate revenue numbers for gaming, including machine counts, daily revenue assumptions, and the tax split. The Senate version used higher machine counts and a 31.25% tax rate, with a quarter-point reserved for responsible gaming and the remainder split between charities and the state. The House had used a 30% rate with a different distribution. McIntyre and committee members also reviewed House Bill 2 items affecting Kino hours and local option games of chance, with McIntyre explaining that the bill would expand playing hours and shift towns to an opt-out model. No votes were taken during the lottery discussion, but the committee indicated it would continue refining the revenue model and circulate the spreadsheet used for the estimates. The committee then moved through the HB 1 detail change sheet, accepting several Senate positions and holding others for later. It agreed to a zero-cost realignment in the Department of Safety moving the international fuel tax agreement function from administration to motor vehicles, and it restored eight passenger motor vehicle inspection positions for later discussion in HB 2. The Department of Corrections reorganization was set aside for a later, more detailed discussion. The committee also accepted no-change positions for the Department of Employment Security and agreed to a technical footnote fix in the Judicial Council section. It discussed a new HB 2 item moving contract counsel for involuntary mental health admissions from the judicial branch to the Judicial Council, funded at $100,000 per year, and noted that the public defender funding issue would be revisited when the overall budget picture is clearer. The meeting ended with the committee continuing its review of the remaining pages of the detail change sheet.

Transcript Highlights:

• Um, meaning the department would have to procure extra firearms and secure enhanced security materials

Committee: House Criminal Justice and Public Safety

Transcript Highlights:

• Then it would be transferred and disposed of. Yeah.
• Then it would be transferred<01:54:33.040><c> and</c><01:54:33.280><c> disposed</c><01:54:33.599><c>
• It appears to indicate, without any prior references, that the fund balance is going to be transferred
• </c> fund balance is going to be transferred fund balance is going to be transferred on<01:55:52.639>
• yes does that make sense be transferred yes does that make sense you're<01:56:25.280><c> you're</c><

Summary: The committee of conference first discussed House Bill 557, which concerns information on the school budget ballot. The main issue was how to define and calculate the “average cost per pupil.” House members favored a simple calculation dividing the operating budget by enrollment, arguing that it is clearer to the public and matches how taxpayers think about school costs. Senate members preferred the existing RSA-based definition for consistency across statutes and noted that the current definition was about to take effect. Members also debated whether the ballot language should specify the figure as being for the “preceding year,” and some House members ultimately agreed to that clarification while one member did not. After discussion, the Senate declined to move off its position on the calculation method, but agreed to a compromise amendment adding “for the preceding year” to the Senate language so it would align with the rest of the ballot information. The committee then agreed to draft the report with that amendment. The committee then turned to House Bill 71, dealing with restrictions on using public school and higher education facilities to shelter certain migrants, along with a Senate-added provision requiring DHHS contracts to comply with the patient bill of rights. Members generally said they supported the base policy of the bill, but Representative Noble raised a drafting concern about a repeal section that appeared to undo the new contract requirement; the group discussed removing that repeal language and adjusting effective dates. The committee also reviewed Senate-added language creating a donation fund for a proposed accessible pier at Hampton Beach. Supporters said the project would be privately funded through donations, with the state park division managing the fund and any remaining balance eventually transferring to an existing state park donations account if the pier is not built. Members questioned maintenance costs, fundraising responsibility, and whether the account was necessary, but the Senate explained the fund was intended to provide a mechanism for private fundraising and future maintenance support.

Transcript Highlights:

• students are aware of their eligibility for our transfer success pathway, our guaranteed dual admission
• The program is supported by a transfer planner designed to help community college students map out transfer
• We know we still have problems with transfers, though, as we saw in the audit not long ago.
• Patel, the issue of transferability of what we learned through this process? Absolutely.
• Patel, the issue of transferability of what we learned through this process? Absolutely.

Summary: The Assembly Budget Subcommittee on Education Finance met to review CSU and State Library budget issues, enrollment trends, the Capital Fellows program, and a Title IX update. Chair David Alvarez opened by stressing that CSU faces serious financial pressure, including a systemwide deficit and proposed cuts that he and several members said were too large and likely to harm access, course offerings, and student services. Public comment focused heavily on the Braille Institute Library, with patrons, staff, veterans, and advocates urging restoration of funding and warning that the proposed cut would severely affect blind and visually impaired Californians across Southern California. Several CSU faculty, staff, and union representatives also opposed the proposed reductions and warned of larger class sizes, fewer sections, and layoffs. On the CSU core operations item, the Department of Finance explained the Governor’s proposal to reduce ongoing General Fund support by about $375 million and defer a 5% base increase, while the LAO said CSU core funding would be roughly flat once tuition and targeted augmentations were considered, but warned that rising costs and prior shortfalls would still force campuses to cut spending. CSU’s Chancellor’s Office said the proposed cut would deepen existing problems, citing prior-year budget gaps, job losses, reduced course sections, and student-service reductions. Members pressed Finance and the LAO on whether cuts could be made more surgically, especially at the Chancellor’s Office or in institutional support rather than in instruction, and the LAO said the Legislature has flexibility to target cuts more specifically. CSU also described ongoing consolidation efforts, including shared services among campuses and the planned Cal Maritime/Cal Poly San Luis Obispo integration, while cautioning that savings are not yet fully known. The committee then discussed CSU enrollment. The LAO recommended holding enrollment targets flat because the budget does not add new funding, while CSU reported strong recent growth, including more California residents, record first-year enrollment, and expanded direct admissions and transfer pathways. Members questioned why some campuses with high demand turn away many applicants while others continue to lose enrollment, and CSU said it is shifting resources from campuses with sustained declines to those with demand, using a 10% below-target threshold. The committee also discussed whether enrollment declines mirror local population trends, how to improve marketing and program alignment, and whether lessons from Cal Poly Humboldt’s conversion could inform other campuses such as Sonoma State. The Capital Fellows item drew a Finance proposal for a salary increase and an LAO counterproposal for a smaller raise plus future COLA language; the committee kept the item open. Finally, CSU reported progress on Title IX compliance, saying it has completed most State Auditor recommendations, expanded civil rights staffing, and increased training, prevention, and case-management efforts, though members asked how proposed budget cuts might affect those services.

Transcript Highlights:

• Members, this is House Bill number 489 by Representative Gadbury relative to the Louisiana Uniform Transfer
• So that's the gist of it: modifying an existing bill to require transfer-on-death legislation.
• So the gist of it is modifying an existing bill to require transfer on death legislation.
• And they’ll hold, then the funds are not allowing the transfers or what have you, correct?
• “Okay, so I would have to transfer cash into this system.” “Right.

Committee: House Commerce, Consumer Protection, and International Affairs

Summary: The House Committee on Commerce met on March 17, 2026, adopted its rules again because they had not been properly posted, and voluntarily deferred several bills before taking up the day’s agenda. The committee then moved through a series of commerce and financial services measures, with members repeatedly noting the bills had been worked on jointly by authors and stakeholders. HB 489, on transfer-on-death securities, was amended to make the transfer requirements mandatory and to remove a liability limitation for registering entities, then reported favorable. HB 545, which narrowed a consumer-loan bill to origination fees only, was amended and reported favorable. HB 555, expanding protections for eligible adults from financial exploitation, was amended with technical changes and an amendment from Rep. Boyd, then reported favorable after testimony from bankers and advocates describing scams targeting seniors and the need for delayed transactions, trusted contacts, and training. HB 797, creating the Bayou Gold Program, was amended to clarify electronic payment platforms and reported favorable after questions about state involvement, insurance, and consumer protections. HB 952, modernizing the consumer loan framework, was amended to a three-tier rate structure and to add ability-to-repay and disaster-relief provisions, then reported favorable. The committee also considered two economic development bills from Rep. Owen. HB 672 would encourage brick manufacturing in Louisiana; after an amendment changed LED’s role from directing a priority industry to allowing support through existing programs and guidance, the bill was reported favorable. Testimony emphasized Louisiana’s clay deposits, limited in-state brick production, and potential benefits for housing costs and jobs. HB 670, on wood pellet manufacturing, received a similar amendment limiting LED to support and guidance rather than mandates, and was also reported favorable. A consultant testified that a proposed North Louisiana pellet facility could generate significant payroll, local spending, and revenue from timber that is currently underused, while LED described the sector as part of the state’s agribusiness and energy strategy and discussed global demand, carbon footprint requirements, and the role of CCUS in attracting large projects. The discussion on HB 670 continued at the end of the transcript, with members probing how the industry works and how Louisiana could benefit from it.

Transcript Highlights:

• revenue from severance taxes that normally is allocable to the Economic Stabilization Fund will be transferred
• constitutional limit on the balance in the Economic Stabilization Fund. that will prevent us from transferring
• the GR. revenue statements because we reserve from available revenue you in one year what we must transfer
• You see we've got in fiscal 26 scheduled to turn or estimated will be transferred $2.45 billion to the
• It does not, the Texas Constitution. does not give control or authority to transfer out anything from

Committee: House Ways & Means

Transcript Highlights:

• So, but if you're, like, there's still the ability to transfer plates.
• So if you transfer it, then it could be you're going to say all this stuff and then you sell your tax
• So if you make this tax credit non-transferable and they have to, and it's all basically— Tax credit
• non-transferable, and they have to, and it's based on net new material, so they actually have to sell
• But if you make it non-transferable and they have to make a profit, that's a very high hurdle.

Committee: House Commerce

Transcript Highlights:

• members of the Legislature for consent of the state to be given for any acquisition, sale, gift, or transfer
• On the opening of escrow for the sale or transfer of private real property to the federal government
• intention of ever approving a federal land purchase and is in fact outright pushing for a federal land transfer
• The requirements to have the governor and Legislature approve any sale or transfer of private land to
• the federal government... ...or transfer of private land to the federal government, it would erect impediments

Committee: Senate Senate Federalism Committee of Reference

Transcript Highlights:

• I’m fascinated about risk transfer mechanism.
• We’ll transfer the risk of hurricanes, so Hawaii— but you go ahead.
• There are other risk transfer mechanisms that roll into this reinsurance category.
• We’ll transfer the risk of hurricanes, so Hawaii— but you go ahead.
• There are other risk transfer mechanisms that roll into this reinsurance category.

Summary: The committee opened by outlining hearing procedures, including a two-minute limit for live testimony, a request not to repeat written testimony, and a reminder about decorum. The first bill heard was SB 697, which would create a nonrefundable individual income tax credit for expenses to retrofit residences with wind-resistive devices. The Insurance Division said it supported the concept but noted it may need an appropriation or outside expertise to develop certification standards, while the Department of Taxation said the bill should retain a third-party certification requirement if the Insurance Division cannot administer the credit. The Hawaii Insurers Council supported the bill, and the Tax Foundation suggested a subsidy-style program would be more efficient than a tax credit and criticized the bill’s 100% credit structure. A testifier in support argued the measure would help homeowners fortify houses against hurricanes and reduce shelter demand; written testimony from several others, including HIEMA, was noted as supportive. The committee then moved through SB 76, which would require the Hawaii Property Insurance Association to provide commercial property coverage after two private-market denials, and SB 83, which would require insurers to give advance written premium-change notices and explanations to common-interest community policyholders and the insurance commissioner, along with a report on premium increases. For SB 76, the State Insurance Division stood on its written comments, and testimony in support came from Michael Honda, the National Association of Mutual Insurance Companies, and Jessica Herzog. SB 83 drew more extensive discussion: the Insurance Division supported the need for better transparency, while the Hawaii Insurers Council opposed the bill, arguing that agents—not insurers—typically communicate with AOAO boards and that the measure could worsen an already difficult market. Insurance Division staff acknowledged widespread complaints from condo associations about lack of transparency and said the division had received many calls about premium increases and nonrenewals. The discussion on SB 83 expanded into broader concerns about condo insurance, nonrenewals, surplus lines, and the difficulty of getting timely explanations for large premium increases. Committee members and testifiers described older buildings struggling to fund repairs and upgrades while facing steep insurance costs, and some urged the committee to craft baseline statutory protections for unit owners. The Insurance Division said surplus lines serve a critical gap-filling role and warned against regulating that market in a way that could slow access to coverage. No votes or final committee actions were taken in the portion of the meeting provided.

Transcript Highlights:

• AB 1167 sought to address that risk, which is heightened by well transfers. The law was clear.
• But we also need to talk about these transfers that do happen to firms such as CRC.
• But we also need to talk about these transfers that do happen to firms such as CRC.
• Research has shown that well transfers on the whole are risky.
• Well transfers are extremely risky.

Committee: House Natural Resources

Transcript Highlights:

• We have multiple ways that students can transfer.
• Your freshman year, anybody can transfer to any public school or any private school in the state.
• The second year, you can transfer again to any institution in the state.
• It won't make it open season for transfers across the state.
• They still have the ability and will rule on transfers.

Bills: HJR1101 , SB1319 , SB1264 , HB4237 , SB1277 , SB2069 , HB3066 , HB2115 , HB2153 , HB2268 , HB2961 , SB1679 , SB2018 , HB4294 , SB2095 , HB4113 , SB1894 , SB1810 , HB4268 , HB1752 , HB3413 , SB625 , HB3644 , HB3940 , HJR1096 , HJR1100 , HJR1099 , HB2992 , SB1636 , HB4302 , SB1613 , SB1443 , HB1409 , HB1675 , HB1225 , HB1381 , HB4359 , SB1503

Transcript Highlights:

• Under existing law, when local governments form JPAs, employees who transfer to work for the JPA can
• SB 443 will clarify that the same rules apply when transferring to CalPERS at the beginning or midterm
• Under current law, classic members from La Verne and Covina can retain their status if transferred into
• allowing CalPERS employees within these newly formed JPAs to maintain their benefit status when transferred
• within 180 days after joining that new JPA, just as they would if they were transferring between standalone

Summary: The Assembly Committee on Public Employment and Retirement heard several retirement and school employment measures. SB 301 by Sen. Grayson would prevent CERL-covered cities and districts from amending retirement contracts to exclude certain employee groups, closing a loophole similar to one previously addressed for CalPERS. The bill was supported by California Professional Firefighters and received no opposition. SB 443 by Sen. Rubio would clarify that employees transferring into a joint powers authority can retain CalPERS classic status even when the JPA expands later; the city of La Verne, a flood management agency, and AFSCME supported the bill, and it also drew no opposition. Both bills were moved out of committee on unanimous votes and sent to Appropriations, with the consent calendar items SB 521, SB 581, and SB 853 also approved. The committee then heard SB 494 by Sen. Cortese, which would give classified school employees the right to have disciplinary appeals heard by an administrative law judge rather than by the school board. Supporters, including CSEA, AFSCME, and CFT, argued the bill would create parity with teachers and community college faculty and provide a fairer appeal process. Opponents, including the California School Boards Association, county superintendents, school business officials, and community college groups, argued it would remove local control, impose a one-size-fits-all process, and shift costs to districts. The bill was passed out of committee and referred to the Committee on Higher Education. The committee also considered SJR 2 by Sen. Cortese, a resolution urging Congress and the President to enact federal protections for classified school employees, including better wages, benefits, safety, and workplace rights. Support came from CFT, CSEA, and other labor groups, with no opposition. The resolution was adopted and moved forward. At the end of the hearing, the committee reopened the roll to add votes, and all listed measures ultimately passed unanimously or near-unanimously before the meeting adjourned.

Transcript Highlights:

• allow current gillnet fishermen to continue to fish for as long as they want, but restricts the transfer
• of the permits after 2027 except for a one-time transfer to a family member.
• Allowing a one-time family member transfer recognizes the importance of family-run fishing businesses
• While a reduction in renewal or transfer fee revenue is expected over time, it is offset by. reduced
• So are utilities going to start receiving notice from the counties of deed transfers or are they going

Committee: House Appropriations

Transcript Highlights:

• excess of what the gaming division needs for operations of the upcoming biennium, that amount gets transferred
• So what the House did was to take $2 million of that transfer before the transfer to the general fund
• to be transferred to the Attorney General's operating fund for litigation and operating expenses.
• Section 5 in the House version regarding that transfer of gaming revenues to the Attorney General operating
• ...very end of the bill, page 10, we'd be removing the emergency clause that was related to the transfer

Bills: SB2012

Committee: Senate Appropriations - Government Operations Division

Summary: The Government Operations Division met to continue work on budget and bill amendments. The committee first took up the Attorney General’s budget and reviewed a detailed amendment package that adjusted FTE levels, salary equity funding, funding sources, and several one-time appropriations. Changes included removing some House-added items, adding contingent funding tied to other bills, restoring certain funding sources, increasing the electronic smoking device manufacturer fee, and adding a provision on 24/7 sobriety program fees. Senator Dwyer then offered a further amendment to make the electronic smoking device fee a $2,000 application fee with a $500 annual renewal fee, which passed. The committee then voted 4-1 to adopt the budget as amended and give it a do pass recommendation as amended. The committee next considered House Bill 1143, relating to Great Plains Food Bank funding. After testimony from Amy Cleary on behalf of Great Plains Food Bank, members discussed the organization’s statewide role and the project’s financing, including a planned $30 million facility and existing fundraising. Senator Burkhard moved to restore the appropriation from $5 million to $10 million, and the motion passed 4-1. The committee then voted 4-1 to give the bill a do pass recommendation as amended, with Senator Burkhard designated as carrier. Finally, the committee discussed House Bill 1524, which would fund regional planning councils and authorize 16 FTEs. Members expressed sympathy for the councils’ work but concerns about approving new state-funded positions. No action was taken, and the chair asked to hold the bill over for further review. The committee then recessed, noting remaining budget work and upcoming hearings.

Transcript Highlights:

• baseline, and secondarily, with additional funding, there is the opportunity to then potentially transfer
• 04:50.960><c> to</c><01:04:51.240><c> then</c><01:04:51.680><c> potentially</c><01:04:52.200><c> transfer
• </c> opportunity to then potentially transfer opportunity to then potentially transfer over<01:04:53.000
• Of course, it's a state where we're trying to keep stuff out—illegal drugs, fireworks, all the biosecurity

Summary: The joint House and Senate agriculture committees met on January 17, 2025, for an informational briefing on biosecurity and invasive species; Chair Kahaloa opened by noting there would be no public testimony. Members introduced themselves, and the Hawaiʻi Invasive Species Council (HISC) program manager Chelsea Arnot outlined the purpose of the briefing and the statewide impacts of invasive species, citing examples such as coconut rhinoceros beetle, little fire ant, coquí frogs, albizia, and mosquito-borne disease. She emphasized that biosecurity requires coordinated action across state departments, counties, federal agencies, universities, and communities, and highlighted HISC’s role in funding interagency projects, island invasive species committees, research, outreach, and early detection efforts. Arnot and HISC representatives described major funding and program needs, including a requested $4.25 million increase to HISC to raise its baseline budget to $10 million, support island committee operations, research, biocontrol, marine biosecurity, surveillance, and staffing. They also requested $500,000 for the Hawaiʻi Ant Lab, saying it is critical to invasive ant research and little fire ant response. The briefing also noted HISC’s leverage of federal dollars, including a $4.6 million REPI award with HISC providing the match, and cited successful collaborative eradications and responses, including veiled chameleons on Maui, axis deer on Hawaiʻi Island, and a 2023 coconut rhinoceros beetle response on Maui that prevented further spread. Hawaiʻi Department of Agriculture officials then discussed implementation of updated administrative rules effective January 20, 2025, which permanently restrict movement of coconut rhinoceros beetle host material and give the department stronger authority to stop movement of infested material. They reported 2024 import activity of about 50,000 ship and aircraft arrivals, inspection/clearance of 20 million pieces, and 16,000 interceptions, with additional staffing from Act 231 expected to increase interceptions. They also described Act 231 funding and current spending status: about 65% obligated and 52% encumbered, with some funds tied to contracts for CRB and little fire ant response, plus an $800,000 green-waste hauling RFP that had to be reissued because of a flaw. The department said 580 Oʻahu homes and 290 Hawaiʻi Island homes are slated for little fire ant treatment, while Maui and Kauaʻi will focus on survey and outreach. Members questioned how homes are selected for subsidized treatment, whether HISC and the island invasive species committees received Act 231 support, and whether the state should direct how contracted funds are prioritized. Representative Martin raised concerns that the RFP limited eligibility to private pest control companies and excluded more experienced entities such as the Hawaiʻi Ant Lab. Department officials said they would follow up on prioritization and funding details, and noted that emergency proclamations and procurement flexibility could help with rapid response and hiring during invasive species emergencies.

Transcript Highlights:

• </c> mismatch between um the transferability mismatch between um the transferability and<00:10:40.520
• And they blockchain transferred funds.
• </c> the movement and the transferability? the movement and the transferability?
• </c> using USDC to facilitate transfers using USDC to facilitate transfers between<01:38:03.640><c> my
• </c><01:39:41.680><c> it</c> tokenized deposit, instantly transfer it tokenized deposit, instantly transfer

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.