Transcript Highlights:

• compensation, modernizing surcharge laws, continued attention to the cost of fraud, and consumer education
• one that recognizes the responsibilities of every participant in this system while preserving the stability

Summary: The Special Legislative Commission on the future of credit card payments and their impacts on small businesses held what was described as its last public hearing. Chair Paul Feeney opened by noting the commission’s mandate under Chapter 238 of the Acts of 2024 and explained that members would continue working on a final report after the hearing. The meeting featured testimony from banks, payment industry groups, restaurant advocates, convenience store representatives, and others, with repeated discussion of interchange fees, surcharging, fraud, and federal preemption issues. Banking and card-industry witnesses, including the Massachusetts Bankers Association, the Card Coalition, and the Electronic Payments Coalition, argued that state-level interchange restrictions would disrupt a global payment system, create compliance problems, and likely apply only to a small share of transactions because of federal preemption. They emphasized consumer and merchant benefits of cards, the role of banks in absorbing fraud losses, and recent federal and state developments, including Illinois litigation, OCC and NCUA actions, and a settlement that they said would give merchants more flexibility. Several witnesses also suggested alternatives such as vendor compensation for tax collection and modernizing Massachusetts’ surcharge ban. Restaurant and convenience-store advocates took the opposite view, saying swipe fees are a major burden on thin-margin businesses and that merchants should not pay interchange on sales tax or gratuities that are not their revenue. Mass Restaurants United and individual restaurant owners described severe financial strain, rising costs, and the need for transparency and relief. NACS supported swipe fee reform and argued that current fees are excessive and inflationary. A few members questioned witnesses about whether industry should share more of the burden and about the feasibility of changing the current system. No votes or formal policy actions were taken. The chair said the commission would meet again to discuss a draft framework and final report, and members of the public were invited to submit additional written testimony before the commission concludes its work.

Transcript Highlights:

• It gives them a realistic path to save and stabilize and eventually have enough to purchase a home of
• clarifying question, Representative Ehlers: Is a part of the commission's objective to do things around education

Keywords: 989, all

Transcript Highlights:

• Third, strengthened and stabilize rural health workforce, about 16%, and then make North Dakota healthy
• The next one is to require a nutrition component for physician continuing education requirements.

Keywords: 908, all

Summary: Legislative Management met with a quorum, approved the July 11, 2025 minutes, and then considered recommendations from the Legislative Procedures and Arrangements Committee. Beth Dittes explained proposed special session rule changes, which largely mirror prior special session rules and are intended to speed floor action. The changes would allow faster second readings and transmission between chambers, replace regular standing committees with two joint committees for the special session—Joint Appropriations and Joint Policy—and limit bill introduction methods. The package also included delayed-effective-date changes for the next regular session, such as moving the agency and Supreme Court prefile deadline earlier and advancing several resolution deadlines. Liz Fordall then reviewed revisions to the legislative workplace harassment policy, including clarified definitions, longer intake and review deadlines, an option for informal resolution before a review panel, and clearer disclosure rules. The committee adopted the report and forwarded the rules and policy changes. The committee also approved tentative first-day special session agendas for both chambers, with a Speaker-requested revision to allow time to swear in new House members. Megan Gordon outlined the schedule: early Rules Committee meetings, morning floor sessions, a joint session for the governor’s State of the State, then meetings of the joint appropriations and policy committees, with optional later floor and committee time. Members discussed how the joint committees would handle bills and confirmed the process would mirror the prior special session. The agendas were adopted. Chairman Bekkedahl then reported for the Rural Health Transformation Committee, which had completed its work and recommended five bill drafts for the special session: a Presidential Physical Fitness Test requirement for schools, a nutrition component for physician continuing education, joining a physician assistant licensure compact, expanding pharmacist scope for lab testing and prescribing, and a two-year appropriations bill to cover the program through the next regular session. He explained the federal rural health transformation grant, the state’s application, funding restrictions, and the need to keep the bills aligned with CMS requirements to avoid funding reductions or clawbacks. DHS officials said the department would measure outcomes through required metrics, use templates for awards, and set up an Office of Health Transformation to track long-term impacts. The committee adopted the rural health report and forwarded the bills. Finally, members discussed special-session logistics. Legislative staff said employment committees would approve a limited number of staff, Legislative Management would serve as the delayed-bills committee, and a letter would be sent to legislators explaining the process and a suggested Friday noon drafting deadline for bills to be considered at the January 20 meeting. The committee also discussed how many bills might be introduced and how to assign the rural health bills to the House or Senate for origin. No formal vote was taken on those logistics, and the meeting adjourned with plans to reconvene on January 20.

Transcript Highlights:

• value to our rate payers and customers. part of our overall effort for long-term rate control and stability
• see so much turnover in that field also right The other thing we're spending a lot of time with is educating

Keywords: Infrastructure Investment and Jobs Act, water infrastructure, lead service lines, federal reauthorization, sustainability, cybersecurity

Summary: The meeting primarily focused on discussions surrounding the Infrastructure Investment and Jobs Act (IIJA) and its implications for local water systems. Various witnesses highlighted the transformative impact of the bipartisan infrastructure law, which has provided an unprecedented amount of funding to help address long-standing issues in drinking water infrastructure, particularly concerning lead service line replacements and sustainability in water management. The discussions emphasized the urgent need for federal reauthorization to continue supporting these initiatives, as many rural and disadvantaged communities still face substantial barriers in upgrading their water systems. Additionally, cybersecurity risks were noted, raising concerns over the vulnerability of water systems across the nation.

Transcript Highlights:

• Well-equipped, experienced, educated, and well-compensated judges are essential to enforce those laws
• of things that are combined into that, but yes, I think that people are really looking for more stability

Bills: HB4011, HB2680, HB4325, HB4327, HB4944, HB1761, HB4688, HB3453, HB40, HB1707, HB4749, HB2322, HB3647, HB4139, HB4081, HB2203, HB2100, HB4170, HB3104, HB4623, HB40

Keywords: partition, heirs' property, real estate, co-ownership, family property, non-heir cotenant, right of first refusal, pilot services, liability limitation, maritime commerce, Matagorda Bay, Lavaca Bay, transportation code, maritime industry, civil liability, barratry, penalties, legal actions, damages, wrongful death

Transcript Highlights:

• We have continuing education so they can stay abreast of the current topics in the banking and credit
• There could be other type of compensation like educational reimbursement for instance.
• </c> educational reimbursement for instance. educational reimbursement for instance.
• And now we're educating everybody that you watch out.
• And now we're educating everybody that you watch out.

Keywords: 928, house, all

Summary: The committee first held a public hearing on Senate Bill 25, which would allow state-chartered credit unions to compensate board members if the membership approves it. Prime sponsor Senator Dan Innis said the bill is enabling only, intended to help credit unions recruit and retain qualified directors and align New Hampshire with other states that already allow such compensation. Credit union representatives from the Cooperative Credit Union Association and St. Mary’s Bank supported the bill, saying board service has become more complex because of cybersecurity, asset-liability management, and other regulatory demands, and that compensation could be modest and take forms such as meeting fees or educational reimbursement. In response to committee questions, they said compensation would be set by the membership, disclosed in advance, and subject to bylaws and internal policies; they also noted that board members must be credit union members and that voting procedures vary by institution, with some using mailed ballots rather than proxy voting. Members raised questions about why credit union boards were historically excluded, what kinds of compensation were contemplated, whether there would be a cap, and how voting and confidentiality would work. Testimony explained that the historical rationale was the nonprofit, volunteer mission of credit unions, but witnesses argued that the modern environment and competition for talent justify a change. They also said the bill would not mandate compensation and would not create a salary structure comparable to banks, but would allow members to approve modest compensation or reimbursements. After no further testimony, the chair closed the public hearing on Senate Bill 25. The committee then opened a public hearing on Senate Bill 26, sponsored by Senator Howard Pearl, concerning the definition of deposits in land sales and escrowed accounts. Pearl said the bill would clarify that buyer funds for upgrades and luxury items in new-home construction are not treated as refundable deposits that must be held in escrow, arguing that the current Attorney General interpretation raises builder costs, increases home prices, and can limit buyer choices. He said the proposal would allow those upgrade funds to be paid directly to builders for construction, with signed disclosures making clear that the buyer requested the items and bears the risk if financing falls through. The hearing on Senate Bill 26 had just begun when the transcript ended.

Transcript Highlights:

• So, the Department of Education is proposing to define repetitive construction projects.
• 00:35:47.400><c> of</c> one question so um the Department of one question so um the Department of Education
• is proposing to Define Education is proposing to Define repetitive<00:35:51.480><c> construction</c>
• , and we just feel that this is a really important and reasonable request to get more awareness, education
• militarism and expansion of stabilize militarism and expansion of militarism<01:45:17.159><c> especially

Keywords: 910, house, all

Summary: The committee heard testimony on several bills. HB 114, concerning employment in the State Historic Preservation Program, drew support from DLNR, which said the measure would help retain qualified archaeologists, architects, and other professionals by preserving current pay levels for a limited number of positions. Members raised concerns about expanding exempt positions and the effect on union coverage, and DLNR said it was also working with DEHRD on longer-term reclassification issues. No vote was taken on the bill in the portion provided. HB 12, relating to tort liability, drew strong opposition from the Hawaii Association for Justice, which argued the bill would create overly broad immunity for landowners, conflict with Hawaii’s comparative fault framework, and undermine existing recreational liability law. Supporters said it would reduce liability concerns and encourage landowners to allow hiking, hunting, search-and-rescue training, and firearms-related uses on private land. The committee then moved on without any recorded vote in the excerpt. The committee also discussed HB 29 on counties, but no county representative was present, and members questioned whether the proposal should instead proceed through condemnation if it involved a forced sale. HB 175 on property maintenance received DLNR comments that the bill should be narrowed to noxious weeds and that fire-related provisions were more properly handled by county fire departments and the State Fire Marshal. HB 331 on permits drew support from several state agencies, but the Honolulu Board of Water Supply opposed it unless “repetitive construction” was defined more clearly; members and agencies discussed narrowing the bill to avoid unintended impacts on water and utility infrastructure. The committee also heard strong support for HB 3 on North Shore beach management, HB 309 on fish ponds, and HB 306 on water code penalties, though the Board of Water Supply raised concerns about increased fines and suggested an alternative governor’s bill and clearer administrative rules.

Transcript Highlights:

• Those benefits are saving families, keeping them stabilized, and in many cases saving lives because now
• Representative Feist continued, saying these benefits are saving families, keeping them stabilized, and
• She added that paid family and medical leave, in the long term, is saving the state money by stabilizing
• She added that paid family and medical leave in the long term is saving the state money by stabilizing
• She added that paid family and medical leave in the long term is saving the state money by stabilizing

Keywords: 919, house, all

Summary: The committee took up House File 3874, the Judiciary budget bill, and first moved it to the Ways and Means Committee. The bill was described as funding the judicial branch’s budget request, including courthouse and judge security measures, home safety for judges and staff, a $1 million courthouse safety grant program, and funding related to paid family and medical leave costs that the courts must absorb. A court administrator explained that some base adjustments were budget-neutral internal shifts within the court system, moving money from district courts to other courts to better meet overall needs. Members then debated several amendments. The A7 amendment, which reduced some of the requested security funding for administrators and aligned it more closely with legislative security levels while retaining flexible Supreme Court security personnel, was adopted. The A1 amendment, which would have deleted the additional operating adjustment for paid family and medical leave, failed on a 7-7 tie after debate over whether the courts should bear the employer share of that cost and whether the program itself was an unfunded mandate. The A2 amendment, also related to paid family and medical leave funding, likewise failed on a 7-7 tie after similar discussion about the judiciary’s ongoing employment costs and the branch’s inability to raise its own revenue. The committee then adopted the A4 amendment, which increased the courthouse safety grant program from $1 million to $4 million. Supporters said there was unmet demand for courthouse security grants and that the money would help with hardware such as screening equipment, while the court administrator said the branch would not spend more than it could use and that the grants would be reviewed by a committee including law enforcement and county representatives. The administrator noted the funding would be one-time money and would not cover staffing costs. The committee also discussed the judiciary’s ongoing need for funding, with members arguing both that the courts should be treated like other employers and that the judicial branch, as an independent branch of government, must be funded by the legislature. The final A5 amendment was then introduced, with staff noting it would delete a section already covered by the adopted A7 amendment and reduce an appropriation on page four, line 14.

Transcript Highlights:

• Beyond education and job readiness programs, Perryville partners with public and private organizations
• Chairman Livingston, Representative Blackman, I'm just providing education for the members.
• Chairman Livingston, Representative Blackman, I'm just providing education for the members.
• Did you provide that education to the senator?
• When we used those last ARPA dollars as an infusion to build it up so that it would be stable, to stabilize

Bills: SB1112, SB1517, SB1537, SB1584, SB1673, SB1776

Keywords: mental health, hearings, acquaintance witnesses, patient rights, treatment evaluation, barbering, cosmetology, appropriation, funding, licensing, board operations, peace officer, training, public safety, traffic offenses, judicial system, corrections, recruitment, state budget, crime victims

Transcript Highlights:

• Assembly Bill 713 by Assembly Member Salachi and others, in relation to the public postsecondary education
• has a longstanding commitment to expanding access, affordability, and student success in higher education
• it's from the school systems with their parent-teacher association, we must double down on parent education
• Mentorship matters because it creates a connection and provides stability.
• continues to take proactive steps to promote patient safety in all health care settings and increase education

Summary: The Assembly convened, established a quorum, offered a prayer and Pledge of Allegiance, and then took up a long third-reading file with several guest introductions and ceremonial resolutions. Early floor action included AB 713, allowing undocumented students equal access to campus jobs at UC, CSU, and community colleges, and AB 1049, streamlining California Food Assistance Program applications for low-income immigrant families; both passed. The body also defeated an amendment to AB 1421, a bill to begin studying a statewide mileage-based road user charge, before passing the measure. AB 1171, modernizing part-time community college faculty health insurance access, also passed with strong support. The Assembly then approved a series of policy bills on animals, domestic violence, telehealth for autism services, forestry, false lien filings, tianeptine restrictions, housing, common interest development fee transparency, prison sexual abuse accountability, PBM reporting, foster youth benefits protections, illegal dumping and abandoned RV removal, condo financing/liquidated damages, public contracting, pension-related study language, climate resiliency research funding, and a disposable vape reduction measure. Most passed with broad margins; AB 762 on vapor inhalation devices drew the most debate, with supporters emphasizing landfill fires and public health and opponents warning about revenue losses and illicit-market growth, but it still passed. AB 1406 on condo development financing drew extensive discussion about housing affordability and consumer protections before passing. The chamber also adopted three resolutions: ACR 120 declaring January 2026 Positive Parenting Awareness Month, ACR 121 designating January 2026 National Mentoring Month, and ACR 122 designating Anesthesiologist Week. Later, the Assembly concurred in Senate amendments on AB 1485, extending welfare-tax exemption treatment to federally recognized tribes holding land for conservation, and adopted the consent calendar, which included several additional bills and SCR 6. The session ended with adjournment until February 2, 2016, after which several members recorded vote changes from the floor.

Transcript Highlights:

• Assembly Bill 713 by Assembly Member Salachi and others, in relating to public post-secondary education
• has a long-standing commitment to expanding access, affordability, and student success in higher education
• it's from the school systems with their parent-teacher association, we must double down on parent education
• Mentorship matters because it creates a connection and provides stability.
• continues to take proactive steps to promote patient safety in all healthcare settings and increase education

Keywords: 988, house, all

Transcript Highlights:

• and know that a health professional education is within their grasp.
• and graduate medical education at the same place.
• These are being presented to higher education today. Thank you.
• The clinic we are looking at will be one of our education clinics.
• Has reported to me is that they're finding it's education.

Transcript Highlights:

• Senator Rodriguez, what are the primary goals of your bill in terms of education policy?
• Senator Robert, Senator, what are the primary goals of your bill in terms of education policy?
• Senator Martin: I'm not aware of a formal education plan.
• This is not the influence we need on our State Board of Education. We owe our children better.
• A bill to be entitled an act relating to education. Show that bill temporarily postponed.

Summary: The Senate convened with a quorum, opened with prayer and the Pledge, and heard several member introductions and recognitions. The Rules Chair moved CS/CS/SB 622 to the end of the special order calendar, which was adopted without objection. SB 80 on state land management was temporarily postponed, as were later bills SB 716 and CS/CS/CS/SB 1348. The chamber then took up a series of bills, often substituting House companions and adopting amendments before final passage. Measures approved included a comprehensive waste reduction and recycling plan (HB 295, 38-0), mitigation banking and land development changes with a phosphate mining lands amendment (CS/CS/SB 492, 35-3), aggravated animal cruelty with a searchable FDLE database and sentencing multiplier (HB 255, 37-0), the Spectrum Alert for missing children with autism and related training/funding (HB 711, 37-0), newborn screening for Duchenne muscular dystrophy (CS/CS/HB 1089, 36-0), and revisions to the My Safe Florida Condominium Pilot Program to expand eligible mitigation projects and adjust approval thresholds (CS/CS/HB 393, 37-0). The Senate also passed workforce education legislation allowing charter schools access to grant funding and expanding money-back guarantees (HB 1145, 37-0), a statewide study on automation and workforce impact (HB 827, 35-0), parole guideline revisions (HB 181, 37-0), court-appointed psychologist procedures in family law cases (HB 901, 37-0), sexual cyber harassment protections covering digitally forged intimate images (HB 1451, 37-0), a home health aide program for medically fragile children with training and reimbursement provisions (CS/CS/SB 1156, 37-0), substance abuse and mental health care changes including 988 oversight and involuntary examination procedures (HB 1091, 37-0), a feasibility study for a statewide pond data database (HB 1359, 37-0), and Department of Law Enforcement housekeeping changes and retired police dog reimbursements (HB 1053, 37-0). The most extensive debate centered on the charter schools bill (HB 443), which expanded charter autonomy, reporting parity, enrollment flexibility, and governance rules; after a delete-all amendment and a friendly amendment, it was placed on the third-reading calendar rather than immediately voted on. Several bills were briefly discussed with concerns about transparency, accountability, funding, and constitutional issues, but all bills brought to a vote during this segment passed.

Transcript Highlights:

• Sixty percent of our special education students are educated in their general education classroom, providing
• education purposes.
• to their educators that match those received by Austin ISD educators.
• Yet without funding stability, we risk losing the very programs our educators have led us to success.
• education funding.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• think is pretty—you'll see in the economic impact if you look at the updated phase—we now, at stabilization
• If we're on sales tax alone, we're basically doubling it from this to when phase two is open and stabilized
• Economic impact, again, we're more than doubling economic impact between today's dollars and stabilization
• <c> economic</c><00:31:12.399><c> impact</c><00:31:13.399><c> uh</c><00:31:13.519><c> we're</c> stabilized
• uh economic impact uh we're stabilized uh economic impact uh we're again<00:31:15.000><c> more</c><00

Keywords: Meeting start 00:00:29 Roll Call 00:00:40 HB 2 Discussion 00:02:55 HB 2 Vote 00:14:10 Kentucky Exposition Center Redevelopment Plan Discussion 00:17:22 HB 545 Discussion Only 00:39:15, 958, all

Summary: The committee first took up House Bill 2, which would address the taxation of currency and bullion and was presented as a response to last session’s dispute over whether a line-item veto could be applied to a revenue measure. The sponsor said the bill, as amended by Committee Substitute 2, was largely technical but also made the tax exemption retroactive to August 1, 2024 while making the $1,000-per-day penalty prospective only. Members asked about fiscal impact, possible legal liability for executive branch officials, and whether the issue should instead be resolved by the courts. The sponsor argued the Constitution limits the governor’s line-item veto power to appropriations, not revenue bills, and said the bill would create a judicial remedy and refund process if the executive branch continued collecting the tax. The committee approved the committee substitute and then passed House Bill 2 by a vote of 19-1, with two members passing; the bill was reported favorably to the floor. During discussion, Representative Bojanowski voted no, saying he could not support removing taxes on gold bars while parents pay taxes on diapers. Representative Gentry passed, saying he supported the original intent but was not yet convinced and wanted more time to review the issue. The sponsor also clarified that any liability would be joint and several and could involve executive officials or their budgets if the tax collection continued despite the exemption. The committee then heard a discussion-only presentation on the Kentucky Exposition Center Redevelopment Plan Phase 2. Facility representatives described Phase 1 and the planned Phase 2 expansion, saying the center had record attendance and needed more space to remain competitive and meet client demand. They said Phase 1 was about 20% complete, with completion now expected in October 2026 and an opening target of December 31, 2026 after a short testing period. Phase 2 would follow, including demolition of the West Wing, utility work, and improvements to food service and circulation areas. They said the project would be funded without federal dollars and estimated that, once complete, it could generate about $683 million in annual economic impact, $302 million in state sales tax, and 850,000 room nights in Jefferson County.

Transcript Highlights:

• that we had seen over the summer for one of the programs in the human service area, the housing stabilization
• </c><00:04:02.720><c> supports</c> area, the housing stabilization supports area, the housing stabilization
• It is the fastest-growing special education category in our K-12 system.
• It is the fastest growing<01:27:06.000><c> special</c><01:27:06.320><c> education</c><01:27:06.880><c
• > category</c><01:27:07.360><c> in</c> growing special education category in growing special education

Bills: HF3379

Keywords: housing stabilization, disability services, predatory funding, provider requirements, housing accessibility, 1183, house

Transcript Highlights:

• It limits the leadership options at a time when stability and experience are particularly valuable.
• 00:59:22.319><c> when</c> leadership options at the time when leadership options at the time when stability
• <00:59:23.280><c> and</c><00:59:23.599><c> experience</c><00:59:24.400><c> are</c> stability and experience
• are stability and experience are particularly<00:59:25.599><c> valuable.
• Where is Senate Bill the education work.

Keywords: 1191, senate, all

Transcript Highlights:

• </c><00:03:31.920><c> in</c><00:03:32.560><c> uh</c> rateayers and provide stability in uh rateayers
• Ignorance responds to education. That resistance does not.
• Ignorance<01:29:08.080><c> responds</c><01:29:08.800><c> to</c><01:29:09.120><c> education.
• </c><01:29:10.480><c> That</c> Ignorance responds to education.
• That Ignorance responds to education.

Bills: SF0102, SF0113

Keywords: energy transmission, load growth, Wyoming energy authority, transmission planning study, public utilities, regional cooperation, hand count audit, ballots, election integrity, transparency, voting system, 916, all

Transcript Highlights:

• Article 1: repeal the K-12 education credit assignment. Another bill you have talked about before.
• c> fuels uh article one repeal the K fuels uh article one repeal the K through2<00:03:31.360><c> education
• </c><00:03:31.879><c> credit</c><00:03:32.280><c> assignment</c> through2 education credit assignment
• through2 education credit assignment another<00:03:33.239><c> bill</c><00:03:33.640><c> you</c><00:03
• urge state lawmakers to consider alternative revenue sources that do not jeopardize the financial stability

Keywords: 919, house, all

Summary: The committee took up House File 2437, the governor’s proposed tax bill, and first adopted the A25-Z42 amendment to put the bill in the desired shape. Commissioner Paul Marquardt of the Department of Revenue then presented the bill as part of Governor Walz and Lieutenant Governor Flanagan’s budget, describing it as a response to budget pressures that would make the tax system more fair and stable while supporting economic development and jobs. Marquardt walked through the bill’s major provisions. These included sustainable aviation fuel policy, repeal of K-12 education credit assignment, elimination of the political contribution refund, expansion of the research and development credit, short-line railroad infrastructure modernization, changes to the state airport fund levy, replacement of attachments and appearances with distribution systems, a narrow personal property tax exception for low-income housing tenants, reduced aquatic invasive species aid, and a 34% reduction in PILT payments. He then focused on the sales tax article, saying it would lower the statewide rate by 0.75% while expanding the base to selected professional services such as accounting, banking, brokerage, and legal services, with business-to-business transactions exempt. He said the proposal would be effective for sales and purchases after September 30, 2025, and estimated a first-year rate-cut impact of about $99 million versus $215 million from the service expansion, while arguing that most households would see a net tax cut. He also noted other changes such as landlord penalty adjustments, a 30% reduction in sustainable aviation fuel incentive payments, repeal of local government cannabis aid, and repeal of the tax filing modernization account. Public testimony began with Kyle Playford of the Financial Planning Association of Minnesota, who strongly opposed the proposed sales tax on professional services, especially financial planning. He argued that financial planning is an essential service for retirement, investment, and long-term financial security, and said the tax would raise costs for consumers, reduce access for middle-class families, small business owners, and retirees, and put Minnesota firms at a competitive disadvantage. The chair then indicated that additional public testimony would continue before member questions.

Transcript Highlights:

• You guys have put my law school education to the test here this morning, thinking through some of these
• c><00:24:28.679><c> my</c><00:24:29.120><c> law</c><00:24:29.440><c> school</c><00:24:29.799><c> education
• </c><00:24:30.320><c> to</c><00:24:30.480><c> the</c> have put my law school education to the have put
• my law school education to the test<00:24:31.000><c> here</c><00:24:31.240><c> this</c><00:24:31.360
• This creativity can lead to more options for consumers, can help increase competition, and help stabilize

Keywords: 928, house, all

Summary: The committee held a public hearing on HB 733-FN, a bill on third-party litigation financing (TPLF). Representative Cole, the prime sponsor, described TPLF as outside investors financing lawsuits in which they have no personal stake, arguing that the practice is largely unregulated, can involve foreign entities, and contributes to litigation abuse, higher insurance costs, and what he called a “tort tax.” He said the bill is modeled on an NCOIL proposal and would require disclosure of TPLF agreements, with specific references to foreign-entity restrictions, consumer-protection guardrails, and reporting requirements. He also noted a few technical fixes to the draft, including adding the word “knowingly” and restoring a section that had been omitted. Committee members questioned how the bill’s foreign-entity language would work, including whether a governor or the Department of Safety would designate countries of concern, and whether the bill would bar foreign parties from using litigation funding. Cole and others clarified that the bill was intended as a reporting measure, not a ban on litigation funding itself, and that the goal was to disclose who is funding lawsuits and to what extent. Representative Sal asked whether the bill would prevent a litigant from getting outside financing; Cole answered no, emphasizing disclosure rather than prohibition. Brandon Grat of the Attorney General’s Consumer Protection and Antitrust Bureau testified that the bill’s enforcement provisions were too limited. He said the draft appears to give the Attorney General only a civil-penalty remedy, likely too small to deter violations, and not the broader Consumer Protection Act tools such as injunctions, restitution, or investigation authority. He also raised concerns about whether the Attorney General or Insurance Department would have proper jurisdiction, given that the product may be financial or insurance-related. Insurance Commissioner DJ Benton Court said the department sees possible benefits from transparency because disclosure of litigation funding could help insurers assess risk, improve underwriting, and potentially ease hard-market pressures, especially for nonprofits and child care providers. He also said the bill’s language likely needs further work to clarify agency authority and suggested involving the Attorney General, Insurance Department, and banking regulators. Opposition testimony came from the New Hampshire Trial Lawyers Association. Marissa Chase and Samantha Hering argued the bill is one-sided because it requires disclosure only on the plaintiff side and not from defendants or insurers. They said New Hampshire already has court rules and discovery procedures that cover relevant disclosures, making the bill unnecessary, and questioned whether the existence of a funding contract is even relevant in litigation. The hearing ended with the committee continuing to discuss possible revisions and enforcement options, but no vote or final action was taken in the transcript.