Transcript Highlights:

• ><00:23:26.799><c> be</c> value, the Bitcoin was going to be value, the Bitcoin was going to be liquidated
• c> that</c><00:23:28.159><c> everybody</c><00:23:28.640><c> would</c><00:23:28.880><c> stay</c> liquidated
• so that everybody would stay liquidated so that everybody would stay whole.<00:23:29.760><c> Uh</c><
• state is protected in that project because of the overcollateralization of the Bitcoin and the liquidation
• </c> of the Bitcoin and the liquidation of the Bitcoin and the liquidation features<00:32:29.760><c>

Committee: House Finance

Keywords: 1189, house, all

Transcript Highlights:

• And any assets from equity investments that are liquidated after the agreement terminates would be transferred
• It kind of depends on the equity investments and the timing of liquidation of the assets, investment
• So even after the conclusion of that Angel Match program, any funding that would remain after liquidation
• That any funding that would remain after liquidation of assets under the program would be available for

Committee: Joint Legislative Audit and Fiscal Review Committee

Keywords: 908, all

Transcript Highlights:

• This technical adjustment to the funding's liquidation date is necessary to ensure the state's investment
• They are in previous Budget Act appropriations that, at this point, have not been liquidated.
• housing funds, the May Revision proposes to reappropriate and align encumbrance, expenditure, and liquidation
• The proposal would also align liquidation deadlines for the remaining time-limited funding awarded to

Summary: The committee heard opening budget remarks from the Department of Finance and the Legislative Analyst’s Office on the May Revision for Health and Human Services. Finance said the proposal significantly reduces projected out-year operating deficits through a mix of revenue increases and program cost reductions, while the LAO warned that even with booming revenues the state still faces a structural deficit and should prioritize reserves and avoid new ongoing commitments. The chair and members echoed concern about cuts to vulnerable populations, but also noted the need to maintain the overall level of budget solutions and add to reserves. The hearing then moved through a series of CalHHS and HCAI proposals, mostly held open after presentation. CalHHS requested additional legal support to respond to federal H.R. 1-related issues and a net-zero transfer of positions for a shared eligibility/data-sharing platform. Other items included ongoing funding for the 988 Behavioral Health Crisis Service Fund and a request for EMSA to fund maintenance of its enterprise data management system. HCAI presented proposals for hospital fair pricing implementation, the data exchange framework, the all-payer claims database, CalRx insulin development, the diaper access initiative, distressed hospital grants, opioid settlement fund reversion, and the Rural Health Transformation Program. Members questioned funding sources, special fund use, contracting exemptions, timelines, and whether some proposals should be more targeted or supported by alternative funding. A major discussion centered on HCAI’s diaper access initiative and the use of a Public Contract Code exemption to continue contracting for free diapers distributed through hospitals. The chair and some members criticized the optics of the selected vendor and questioned the lack of an income threshold, while HCAI said the program was designed to be universal and administratively simple, with future phase-two direct-to-consumer purchasing to be handled by a different vendor. Another extended exchange focused on distressed hospital funding, where HCAI said the May Revision would provide up to $50 million for hospitals at immediate risk of closure, but members argued the repeated annual need shows a structural problem and asked for broader reforms to hospital payment and care transitions. The final major topic was the Behavioral Health Services Oversight and Accountability Commission’s budget. The Commission opposed the May Revision’s reduction of the Innovation Partnership Fund from $20 million to $10 million and a $6.7 million cut to community advocacy contracts, arguing both are core Proposition 1 tools for statewide innovation and community engagement. Finance responded that the proposal is within Proposition 1’s allowable maximums and that prior unspent appropriations could be redirected if the Legislature wanted to restore the full amount. No votes were taken; items were generally held open for later action.

Transcript Highlights:

• The majority amendment sends a terrible message to survivors that when the state finally liquidates this
• survivors that when the state message to survivors that when the state finally<01:09:22.960><c> liquidates
• </c><01:09:24.080><c> the</c><01:09:24.400><c> this</c><01:09:24.799><c> property,</c> finally liquidates
• the this property, finally liquidates the this property, the<01:09:26.319><c> first</c><01:09:26.719

Keywords: 1189, house, all

Transcript Highlights:

• There will be more liquidity in the market, meaning more homes that meet people’s needs.
• There will be more liquidity in the market, meaning more homes that meet people’s needs.
• He said buyers will have more choices and will not feel stuck, and there will be more liquidity in the
• Having inventory is liquidity, where you do not have people chasing too few things.

Committee: House Housing Finance and Policy

Keywords: 1183, house

Transcript Highlights:

• The Labor Standards Division at the department collected $2.25 million in unpaid wages and liquidated
• collected</c><00:25:26.039><c> uh</c> The department collected $2.25 million in unpaid wages and liquidated
• appropriate deduction from wages that they have earned, so they paid $336,000 in back wages and liquidated
• The $336,000 in back wages and liquidated damages went to just under a thousand employees who were impacted

Committee: Senate Labor

Keywords: 1187, senate, all

Transcript Highlights:

• Currently, it has an outdated process where it goes to the board of liquidation before it can get to

Summary: The House Municipal, Parochial, and Cultural Affairs Committee met and advanced a series of local bills, mostly by unanimous voice vote after brief questions. SB 430 by Sen. Jenkins renewed the Shreveport-Bossier Convention and Tourist Bureau’s 1.5% hotel occupancy tax for 12-year periods by voter approval, with discussion about continued planning and coordination among tourism entities. SB 286 by Sen. Duplessis updated the New Orleans Downtown Development District statute by clarifying its status as a political subdivision, streamlining tax collection, removing staggered board terms, and clarifying bond renewal voting boundaries. The committee also favorably reported SB 198 by Sen. Mizell, requiring government projects in historic districts to follow local historic district rules for new construction; SB 172 by Sen. Luneau, expanding a planning-commission waiver process for certain property divisions to municipalities below 150,000 population; and SB 439 by Sen. Gerald Boudreaux, adding pre-screening for esophageal/Barrett’s cancer for firefighters and fire service employees. Testimony on the firefighter bill emphasized the health risks from carcinogen exposure and the value of early detection, and members expressed strong support. Additional bills advanced included SB 458 by Sen. McMath, creating a mechanism for local ethics-entity tax revenues in St. Tammany Parish to be transferred to the district attorney’s office if an inspector general office is created; SB 447 by Sen. Bass, changing Bossier City Police Department promotions from competitive to promotional seniority; SB 281 by Sen. Barrow, expanding the Baker Economic Development District boundaries to include additional commercial areas; SB 385 by Sen. Harris, changing appointments to the City Park Improvement Association board and allowing City Park to opt out of certain ORM insurance coverage; HR 84 by Rep. Walters, urging Shreveport to create an interest-free loan program for TSA workers during federal shutdowns; and SB 417 by Sen. Allain, adding two members to the St. Mary Parish drainage district board. All of these measures were reported favorably, with one member recusing himself from the City Park bill due to board membership. The committee then recessed briefly, noting several remaining bills would be deferred if sponsors did not arrive soon.

Transcript Highlights:

• It begins with the House-passed version of the bill and then deletes the requirement for e-liquids to

Keywords: 964, all

Transcript Highlights:

• Tobaccoe liquid. Senator Alexander to present the report. Thank you, Mr.

Keywords: 964, all

Transcript Highlights:

• appointing a special administrator, limiting a district's ability to enter contracts or hire staff, or liquidation

Bills: SB5109 , SB5835 , SB6065

Committee: House Appropriations

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

Transcript Highlights:

• that sub-account that the chairman likes so much, the operating reserve, to make sure you've got liquid

Bills: SB190 , HB247 , HB2 , HB8

Committee: Senate House Appropriations & Finance

Keywords: cancer treatment, revenue bonds, Gila Regional Medical Center, Nor-Lea General Hospital, healthcare funding, capital outlay, capital projects, appropriations, reversion, encumbrance, reauthorization, reappropriation, general fund, capital development and reserve fund, tribal infrastructure project fund, Department of Finance and Administration, DFA, state board of finance, severance tax bonds, tax-exempt bonds

Summary: The committee reviewed drafting instructions and spending sheets for House Bill 2, focusing on both recurring and nonrecurring appropriations, reserve levels, and several late changes. Staff explained that the package would leave reserves around 28% under the current scenario, with the possibility of rising to about 30% if a separate natural disaster reform bill is enacted. Members discussed how disaster funding would be handled through a replacement Section 8 and the appropriation contingency fund, and whether the operating reserve could be tapped with explicit authorization. There was also clarification on fund types, including other state funds and interagency transfers, and on how line items were reflected in the spreadsheets. A major point of debate was how to offset additions by reducing funding elsewhere. Members discussed shifting money from the state fair/multipurpose arena request, the Office of Natural Resources Trustee, and other capital items to accommodate changes. Several senators raised concerns about cutting the Office of Natural Resources Trustee too deeply and about the purpose of those funds, including possible land purchases and floodplain mitigation in Ruidoso. The committee also discussed whether the state fair money should be reduced, with some members supporting a $25 million restoration and others preferring to leave the executive’s request intact. Staff noted that some reductions were not true cuts but swaps or offsets, such as moving local road money and using excess capital outlay reserves. Other corrections and policy items were addressed, including an increase for UNM and NMSU stadium funding, a correction to a project distribution on line 105, and funding for the Health Council. Members also noted that the public employee 1% raise was no longer funded because recurring capacity was used elsewhere, and that no COLA was included. After discussion, Senator Woods moved to adopt the drafting instructions, Senator Gonzalez seconded, and the motion passed without objection. The committee then directed staff to prepare a catch-up cleanup version of House Bill 2 for later review and said House Bill 8 would be taken up the next morning.

Transcript Highlights:

• In addition, for new or modified volatile organic liquid storage vessels, EPA finalized lower emission

Committee: Senate Resources and Environment

Keywords: 989, all

Transcript Highlights:

• and other financial financing transactions, we've negotiated and executed financial instruments, liquidity

Committee: House Appropriations - S/C on Articles I, IV, & V

Keywords: 1184, house, all

Transcript Highlights:

• They combine battery technology, plastics, metals, and liquid chemicals in a single product.’
• chemicals in a single and liquid chemicals in a single product
• It's pure nicotine in liquid form, which when disposed of is a hazardous waste.
• It's when it's in its pure liquid form. So that's what makes it difficult.
• It's when it's in its pure liquid waste.

Committee: House Environment and Agriculture

Keywords: 1189, house, all

Transcript Highlights:

• know, in the parking lot, 50,000 puffs, and so, you can recharge it until you finish all of the e-liquid
• know, in the parking lot, 50,000 puffs, and so, you can recharge it until you finish all of the e-liquid
• know, in the parking lot, 50,000 puffs, and so, you can recharge it until you finish all of the e-liquid
• There is high-grade cotton that's soaked with liquid nicotine and other flavoring chemicals.
• Metal can get into our environment from the metal components, poisonous chemicals like the liquid nicotine

Bills: HB2323 , HB2324 , HB1509 , HB2164 , HB2165 , HB2367 , HB2619 , HB1765 , HB2187 , HB1864 , HB1452 , HB2314 , HB1898 , HB2558 , HB2319 , HB1643 , HB2121

Committee: House Consumer Protection & Commerce

Keywords: workers' compensation, treatment plans, vocational rehabilitation, electronic submission, reporting requirements, occupational safety, hoisting machines, discrimination protection, Department of Labor, safety standards, treatment plan, injured worker, medical treatment authorization, employer response deadline, secure electronic transmission, facsimile, fax, mail submission, denial of care, medical necessity

Summary: The committee heard several administration bills related largely to workers’ compensation and unemployment insurance. On HB 2323 HD1, which would modernize workers’ compensation notice and filing procedures, DLIR and other agencies testified in support of the original bill language but said HD1 removed key components and weakened the bill’s clarity and continuity. HB 2324 HD1, which would repeal state hoisting-machine certification requirements and the separate crane operator certificate, drew support from DLIR; members asked about whether the change would affect safety or local operators, and DLIR said OSHA-compliant certifications already exist and the union supported the change. HB 1509 HD1, which would require faster employer responses to treatment plans and impose penalties for nonresponse, received support from DLIR and others, while DHRD said it wanted an amendment. The committee also took up HB 2164 HD1 on compounded prescription drugs in workers’ compensation. DLIR supported the bill as a way to define compounded drugs and curb inflated pricing, but DHRD and a medical provider opposed it and asked for amendments. Testimony focused heavily on whether the definition should include 503B compounding facilities and whether physician dispensing should be limited to the first 30 days after injury. HB 2165 HD1, dealing with unemployment insurance eligibility and removing the two-year limit on recouping overpayments, was supported by DLIR but opposed by Unite Here Local 5, which argued it would make it harder for striking workers and other claimants. Members questioned the impact of changing reporting deadlines from calendar days to business days and raised concerns about future benefit offsets; DLIR said the bill was needed for federal conformity and that the committee would revisit the offset percentage and effective date. Later, the committee heard HB 2367 on pay transparency, requiring salary ranges in job postings and removing the small-employer exemption. The Hawaii Civil Rights Commission, AAUW, Hawaii Women Lawyers, and an individual testifier supported the bill, saying pay transparency promotes fairness, trust, and pay equity; one testifier described being underpaid compared with a predecessor and said posting ranges would save applicants’ time. HB 2619 HD1, concerning homemade food products and farm kitchens, received generally supportive comments from the Department of Health, which requested an amendment to preserve flexibility in future rulemaking. HB 1765 HD1, on spear-fishing safety warnings, drew support from a safety educator and comments from DLNR; supporters said warning labels would help prevent hypoxic blackout deaths and were low-cost and easy to implement. No votes or final committee actions were taken in the portion of the meeting provided.

Transcript Highlights:

• So think about how liquid cooling works now in your car or in liquid-cooled PCs or servers.
• That's how liquid cooling works.
• ...or in liquid-cooled PCs or servers. Uh, most of those are closed-loop systems.
• That's how liquid cooling works.

Committee: Senate Commerce

Keywords: 1191, senate, all

Transcript Highlights:

• Carlson said, Live Nation has an exclusive contract for water with Liquid Death.
• I just think Liquid Death is hilarious.
• flippant.<00:59:11.760><c> I</c><00:59:11.839><c> just</c><00:59:12.000><c> think</c><00:59:12.160><c> liquid
• I just think liquid death is flippant.
• I just think liquid death is hilarious.<00:59:13.599><c> Um</c><00:59:14.079><c> I</c><00:59:14.240><

Bills: HF1392 , HF2233 , HF695 , HF2228 , HF1289

Committee: House Commerce Finance and Policy

Keywords: consumer protection, restitution, attorney general, consumer enforcement, unclaimed funds, victim compensation, settlement funds, special revenue fund, general fund, restitution account, consumer fraud, state treasury, eligible consumers, distribution of funds, tax subtraction, income tax, refund, unpaid compensation, Minnesota Department of Revenue, consumer redress

Transcript Highlights:

• the specificity in the amended legislation, which primarily derives from approaches taken for other liquids
• the specificity in the amended legislation, which primarily derives from approaches taken for other liquids
• we can shore up existing California production while also ensuring that we have adequate market liquidity

Summary: The committee first heard SB 804, the Hydrogen Pipeline Safety Act, from Senator Arreguín. He said the bill would designate the State Fire Marshal as the safety regulator for intrastate hydrogen pipelines and require hydrogen-specific standards, while not mandating any pipeline construction or bypassing environmental review. Supporters included labor groups, utility employees, and the City of Burbank, while Air Products opposed unless amended, citing concerns about the bill’s specificity, fee structure, and the need for a hydrogen-specific rulemaking process. The committee discussed safety, fees, and regulatory certainty, and later passed SB 804 on a 9-0 vote to Emergency Management with commitment to take amendments. The committee then took up SB 905 by Senator Becker, aimed at reducing electricity rates by changing utility incentives. The bill would tie part of executive compensation to keeping rates below inflation, require more performance metrics, and allow the CPUC to consider lower returns on equity for certain lower-risk investments and alternative financing options. Support came from consumer, environmental, agricultural, and large energy user groups, while Southern California Edison, CalChamber, PG&E, and utility labor groups raised concerns that the bill could reduce investment, create regulatory uncertainty, and raise borrowing costs. After extensive discussion about utility affordability, wildfire costs, and capital markets, the committee passed SB 905 on a 7-1 vote to Appropriations. SB 913, also by Senator Becker, would create a clearer pathway for distributed energy resources such as batteries and smart thermostats to participate in the resource adequacy market and compete with utility-scale resources. Supporters said the bill would better use existing grid capacity, lower costs, and build on the state’s Demand Side Grid Support Program; PG&E opposed unless amended, saying the use case was not yet proven and was already being addressed in other rulemakings. After the committee accepted amendments, one opposition group moved to neutral and another said it might do so after reviewing the changes. The bill passed 8-0 to Appropriations and was placed on call. Several other measures were heard and advanced, including SB 1196 on faster utility hookups for small energization projects such as ADUs and EV chargers, SB 931 reauthorizing the Diablo Canyon Essential Services Mitigation Fund through 2028, SB 1158 reducing the frequency of joint reliability assessments from quarterly to twice yearly, and SB 1245 directing further study of California’s gasoline market and potential use of non-CARBOB fuel during supply disruptions. SB 1196 and SB 931 both passed with broad support and no opposition after amendments, SB 1158 passed without testimony, and SB 1245 drew strong support from consumer and environmental advocates but opposition from fuel industry and business groups concerned about costs, confidentiality, and fuel standards.

Transcript Highlights:

• the specificity in the amended legislation, which primarily derives from approaches taken for other liquids
• But we also know we need to have a liquid market and a diverse fuel supply.
• we can shore up existing California production while also ensuring that we have adequate market liquidity

Committee: House Utilities and Energy

Keywords: 988, house, all

Transcript Highlights:

• . >> There are some line items that would be liquidated off of that contract as they're not going to
• liquidated off of that contract liquidated off of that contract as<00:54:59.120><c> they're</c><00:54

Keywords: 1189, house, all

Summary: The committee first approved the March 20 minutes and then adopted the remainder of the consent calendar, after removing two items for separate discussion. On item 26071, members questioned a $95,000 DoubleTree Manchester contract for a two-day conference. Department staff said the hotel was the only bidder, the conference typically draws more than 500 attendees, most of the cost is food offset by registration fees, and attendees pay their own lodging except for presenters. The committee then approved the item. On item 26068, members asked for clearer reporting on remaining federal funds in continuing items. DHHS said about $10.3 million remained as of February 28, 2026, and agreed to provide the original award amounts and a reconciliation later. The committee approved the item. The committee then took up a DHHS transfer item for the developmental disability system, where officials said projected costs had risen because of delayed pandemic-era billings, new individuals entering the system, and higher individual service budgets. They said the budget was built on older assumptions, that carryforward funds had fallen from about $94 million to $72 million, and that the transfer would not affect lapse because it shifts general funds while federal Medicaid funds are accepted in return. The item was adopted. The committee also approved a hiring request and then a late Corrections item tied to overtime and recruitment. Corrections officials said the department is about 50% staffed for corrections officers, typical overtime is an eight-hour shift, inmate populations are beginning to rise again, and the department is using academy blitzes, out-of-state recruiting, targeted advertising, and a $10,000 sign-on bonus paid after academy completion and one year of service. Senator Gray said the late item was intended to help reduce a larger request expected in June, and the committee adopted the item. Finally, members questioned DHHS item 26074 on the New Hampshire Care Connection system and its interoperability with provider and managed care systems. DHHS said the system already has SMART on FHIR integration, single sign-on, and deeper integration options, and that managed care organizations are working with the contractor on use cases and data exchange. Officials said the project has been multi-phase, including the 988 crisis-response migration, privacy/security work, a provider network of more than 100 organizations, and a searchable resource portal managed by Granite United Way. They said the closed-referral solution is funded largely with Medicaid federal funds and is planned to continue in the base budget, not the rural health grant. The discussion ended without further action noted in the excerpt.