Video & Transcript Research : 'rough proportionality'

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LA

Louisiana 2026 Regular Session

Ways and Means May 11th, 2026

Transcript Highlights:
  • So that's the rough math of what we go through on how to manage the cash flow of these projects.
  • So that's the rough math of what we go through on how to manage the cash flow of these projects.
  • That's a very rough number. We can get you an answer. I can get you a... Today?
  • That's a very rough number and may not be accurate. I can get you an answer. No, no, no.
Summary: The committee met for an informational hearing focused largely on the state capital outlay process and House Bill 2. Roger Husser and Matt Baker of the Division of Administration/Facility Planning and Control described how the office prepares and administers the capital outlay bill, said the bill has grown substantially over five years, and argued that recent changes in culture, staffing, project management, cash-flow analysis, and use of third-party support have more than doubled project expenditures and improved delivery. Members asked about the use and cost of third-party project managers, delegation of smaller projects to agencies, hiring difficulties, and whether the changes represented better interpretation of existing law versus statutory changes. Husser said some statutes were amended, some internal customs were removed, and the office would provide a list of those changes. He also explained that the office is trying to move away from overly rigid practices and toward faster project completion while still following public-bid and oversight rules. A major portion of the discussion centered on the size and structure of the capital outlay bill, especially the gap between Priority 1 cash capacity and the much larger Priority 5 backlog. Husser said the current annual Priority 1 limit is tied to construction inflation and is about $574 million, with additional surplus funds also available, but that the bill contains far more Priority 5 funding than can realistically move in a five-year plan. He and members discussed dormant projects, scope creep, legacy projects that have sat in the bill for years, and the problem of false expectations for non-state entities. Proposed solutions included limiting Priority 5 to five times Priority 1, requiring annual re-endorsement by members, setting district or project caps for non-state projects, requiring time limits and reporting for grant-like non-state projects, placing matches in escrow, requiring design readiness before submission, and consolidating the many existing reporting requirements into one clearer report. Members also discussed bundling multiple projects under one agency project, which the House had begun piloting for LSU, UL Lafayette, Southern, and DOTD, and which Husser said could improve flexibility, reduce overappropriation, and better reflect actual spending. Baker then explained cash-flow management and the commitment process, saying FPC now analyzes projects annually to estimate what can actually be spent in the next fiscal year and uses commitments to allow projects to proceed when future-year funding is expected. He said overappropriations can result from poor cash-flow estimates, delays, dormant projects, or projects coming in under budget, and that the office is already reworking cash-flow assumptions and reappropriating savings where possible. Members also raised concerns about change orders and low bids; staff said project managers review change orders closely, require concurrence on non-state projects, and sometimes reduce scope to keep projects within budget. After FPC’s presentation, the committee heard the beginning of Louisiana Economic Development’s capital outlay discussion, where LED explained that its projects generally fall into three categories, including the Economic Development Awards Program and Site Readiness Program, both used to support targeted economic development and job creation.
LA

Louisiana 2026 Regular Session

Ways and Means May 11th, 2026

Ways & Means

Transcript Highlights:
  • So that's the rough math of what we go through on how to manage the cash flow of these projects.
  • So that's the rough math of what we go through on how to manage the cash flow of these projects.
  • That's a very rough number. We can get you an answer. I can get you a...
  • That's a very rough number and may not be accurate. I can get you an answer. No, no, no.
Keywords: 965, house, all
Summary: The Ways and Means Committee held an informational hearing on the state capital outlay process, with Roger Husser and Matt Baker of the Division of Administration’s Office of Facilities Planning and Control (FPNC) presenting a detailed review of House Bill 2 and proposed improvements. They said FPNC administers about 54% of the bill, while other agencies administer the rest, and emphasized that the capital outlay program has improved significantly over the last few years, with project expenditures more than doubling due to better cash-flow management, staffing changes, and more efficient project administration. They also explained how the bill is structured by priorities, how the priority-one cash line of credit is capped and adjusted for construction inflation, and how the bill has grown into a much larger, longer-range plan than a true five-year program, especially on the non-state side. A major theme was that the bill contains too many dormant, legacy, and low-priority projects, which creates false expectations and ties up funding. Committee members pressed the presenters on culture change, third-party project management, staffing shortages, and the use of technology and statutory interpretation to speed projects without sacrificing compliance. Husser and Baker said they had reduced internal bureaucracy, used staff augmentation because of hiring difficulties, delegated smaller projects to agencies when appropriate, and improved cash-flow analysis so projects can move forward with less money up front. They also discussed overappropriations, dormant projects, and the need to reappropriate unused funds to projects that can actually spend them. The presenters offered several recommendations and considerations: limit the number and size of new projects, reduce scope creep, require more regular endorsement of long-running projects, consider caps on priority-five funding, impose time limits and reporting requirements on non-state grant projects, and possibly require non-state entities to escrow or otherwise demonstrate their match earlier. They also suggested bundling related projects together, expanding that approach beyond the current pilot, and improving transparency by showing full project funding history and the first year each project appeared in the bill. No votes were taken, and the meeting remained informational, with members generally supportive of the efficiency reforms while also raising concerns about false hope, dormant projects, and the need for clearer expectations and accountability.
CA
Transcript Highlights:
  • These conversations, even just in the rough 13, 15 years that I've been involved in the State Board coming
  • Even just in the rough 13, 15 years that I've been involved in the State Board coming back and forth,
  • These conversations, even just in the rough 13, 15 years that I've been involved in the state board coming
  • back and forth, Even just in the rough 13, 15 years that I've been involved in the State Board coming
Keywords: 987, senate, all
Summary: The joint Senate Education and Budget Committee hearing focused on Governor Newsom’s education governance proposal, which would reorganize state K-12 education leadership by shifting day-to-day management of the Department of Education from the elected Superintendent of Public Instruction to a governor-appointed education commissioner, while giving the superintendent a more policy-focused role and voting seats on the State Board of Education and the California Community Colleges Board of Governors. Brooks Allen, for the State Board of Education and Governor’s office, argued the change would reduce fragmented authority, improve accountability, and align California with other states that use appointed chief education officials. Amber Alexander of the Department of Finance outlined the budget-neutral staffing transfers and transition timeline, and LAO analyst Sarah Cortez said the LAO supports the shift to an appointed commissioner but recommends Senate confirmation, clearer statutory duties, preserved legislative oversight, and a cost-neutral fiscal plan. Committee members raised substantial concerns about timing, constitutionality, voter expectations, and whether the proposal would actually improve student outcomes. Senator Cabaldon argued the change would effectively alter the meaning of the constitutionally created superintendent office during an election year without voter approval, and questioned whether governance restructuring has evidence of improving achievement or should instead yield savings. Other senators asked how the new structure would work in practice, who would be accountable if it failed, whether a governor-appointed commissioner was the best model, and whether local districts would truly see clearer lines of authority. Allen responded that the Legislature retains plenary authority over education, that the transition would be minimally disruptive, and that the proposal was designed to create a single line of management and clearer communication for local districts. The discussion also covered the Legislature’s role in curriculum and education policy. LAO staff explained that the Legislature has broad authority over education and can direct curriculum-related policy, though it has generally delegated detailed curriculum work to the State Board and the Instructional Quality Commission. Several senators said the current system already creates confusion for voters and local educators, while others argued the proposal adds another layer of bureaucracy and overpromises on results. No vote was taken at this hearing; members continued questioning witnesses and indicated the proposal would be examined further in later panels, including testimony from local education leaders.
NH
Transcript Highlights:
  • think the Child Care Advisory Council would probably stress where we are financially in kind of a rough
  • financially in<00:36:14.720> kind<00:36:14.880> of<00:36:15.359> a<00:36:15.599> rough
  • shape<00:36:16.079> in<00:36:16.240> the<00:36:16.400> state in kind of a rough
  • shape in the state in kind of a rough shape in the state right<00:36:16.880> now<00:36:17.440
Keywords: 1189, house, all
Summary: The meeting opened without a quorum, so approval of the prior draft minutes was deferred until later. The committee then heard a DHS update from Commissioner Lori Weaver and COO David Weers, who described the recent flood at the Brown building and the relocation of nearly 400 DHS staff while operations are restored. They also outlined New Hampshire Care Connections, a privacy- and consent-focused closed-loop referral platform intended to improve referrals among providers, reduce duplication, and support continuity of care, with an Upper Valley implementation partnered with Dartmouth Health and an Epic integration already underway. Members asked whether the system would merge medical records or simply track referrals. DHS said it is not intended to store or transmit full medical records, but to integrate with providers’ electronic health record systems so referrals can be sent, received, and tracked, with consent controls limiting what information can be shared. Officials said the project will be tested over the coming months, with metrics, governance, and advisory committee oversight, and that it is tied to broader rural health transformation efforts and statewide implementation after the regional pilot. The committee also received the annual report from the Child Care Advisory Council. Maryanne Barter and Jessica Carver said the council worked with licensing to streamline the child care licensing rules, reducing the handbook by about 30%, and is now helping develop an informal dispute resolution process, revising the Granite Steps for Quality system, and creating a clearer handbook for providers handling state scholarship audits. They reported ongoing concern about child care closures and workforce shortages, said there is currently no wait list for child care assistance, and discussed questions about federal CCDF immunization requirements, which DHS said it would follow up on with federal technical assistance partners. After quorum was established, the committee moved to approve the minutes from the prior meeting.
MS

Mississippi 2026 Regular Session

Appropriations - Room 216, 3 February, 2026; 1:30 PM

Appropriations

Transcript Highlights:
  • We as the state have written checks for $1.3 million rough numbers.
  • checks<00:09:11.519> for<00:09:11.760> $1.3<00:09:12.480> million<00:09:13.600> rough
  • checks for $1.3 million rough numbers. checks for $1.3 million rough numbers.
Summary: The committee first heard a proposal to consolidate small or outdated Treasury and agency accounts into pooled investment accounts so idle balances could earn interest and administrative costs could be reduced. Senator DuPree asked whether the change would also eliminate old accounts, and the sponsor said it would close outdated accounts and move funds where they could earn interest. The committee then voted title sufficient, do pass. Senate Bill 2694, described as the biomarker bill, would require mandatory biomarker testing for diagnosis, treatment, management, and monitoring of certain conditions when supported by medical and scientific evidence and nationally recognized clinical guidelines. The bill would apply to health insurance policies written in the state after September 1, 2026, require written reasons for denials, and include reporting requirements back to the Legislature. The sponsor estimated a total cost of about $5.2 million, with roughly $1 million as the state share, and the committee voted title sufficient, do pass. The committee then took up the ARPA bill, which would accelerate the spending deadline from December 31 to September 30 and create three buckets for remaining funds: $100 million for MDOT, about $62 million for lost revenue to help offset insurance costs, and any additional funds to be handled by DFA under the governor’s discretion within ARPA rules. Senators asked about lists of projects, the risk of rushing money out the door, and whether local city and county projects could be repurposed; sponsors said the bill is aimed at keeping funds from being returned to Washington and that projects already in process should be nudged to completion, while unused funds could be clawed back after missed reporting or reimbursement requests. The committee also discussed prior technical problems with some completed projects and said those cases would likely require separate legislative action. The committee voted title sufficient, do pass, committee sub. Finally, the committee considered Senate Bill 2578, which creates a small municipality match fund to help cities under 10,000 population meet the 20% local match needed for discretionary federal and state grants. The chair clarified that the bill establishes the fund but does not create a funding source, and the sponsor confirmed that point. The committee then voted title sufficient, do pass.
KY
Transcript Highlights:
  • Our three state park airports at Lake Barkley, Kentucky Dam Village, and Rough River.
  • Kentucky<00:04:06.840> Dam<00:04:07.160> Village,<00:04:07.760> and<00:04:08.000> Rough
  • Kentucky Dam Village, and Rough River. Kentucky Dam Village, and Rough River.
Keywords: 958, all
Summary: The task force was called to order with a quorum present, and Commissioner Mark Carter of the Kentucky Department of Aviation gave the first presentation. He outlined the state’s airport system, noting 58 public-use airports, the department’s small staff, and its funding structure through a jet fuel tax that generates about $23 million annually, leaving roughly $15 million for airport investment after required deductions. Carter highlighted recent projects at airports including Bardstown, Madisonville, Central Kentucky Regional, Paducah, Sparta, Danville, and Henderson, and said the department has also expanded data collection on airport activity, hangars, schools, and training programs. He emphasized that the department recently completed the first statewide economic impact study of general aviation airports and is developing a five-year airport needs plan. Carter said several things are working well, including stronger communication with airports, the public, the legislature, and especially the FAA’s Memphis district office, which now involves the state more in project selection. He said the department is reasonably staffed overall, but identified workforce development and advanced air mobility as major gaps. In response to questions from Senator Nunn and Representative York, he said he did not have specific workforce shortage numbers on hand, but cited Boeing reports showing large national and global shortages of pilots and mechanics, and explained that instructor shortages and low wages limit training capacity. He also said air traffic control is an FAA function, though EKU has shown interest in developing a training program. Carter identified several needs for improvement: more workforce investment, more aviation education in high schools, more scholarships for pilot and mechanic training, more attention to advanced air mobility, and more frequent, institutionalized data collection. He also pointed to major pending capital needs at airports such as Elizabethtown, Owensboro, Harlan, Leitchfield-Grayson County, and Whitesburg-Letcher County, all of which would require FAA and state support. He urged airports to do a better job marketing their economic value and said the state should continue updating aviation studies so lawmakers have current information for policy decisions. The task force then heard from Lexington Blue Grass Airport Director Eric Frankl, who welcomed the new CVG director and thanked the legislature for creating the task force and supporting aviation infrastructure. Frankl said Blue Grass Airport has rebounded from the pandemic and now exceeds pre-pandemic passenger levels, while serving a mix of private aviation, pilot training, corporate aviation, and commercial airline activity. He described ongoing terminal-area planning, parking technology upgrades, and a major parking lot expansion expected to finish by early spring 2026, and said the airport is planning for future technologies such as vertiports and electric aerial vehicles. Frankl estimated that a broader terminal modernization program will cost roughly $500 million to $700 million over the next 5 to 10 years and said the airport needs continued state support to close funding gaps and remain competitive with other states investing in aviation.
MN

Minnesota 2025 1st Special Session

Committee on Finance - 04/22/25

Finance

Transcript Highlights:
  • Um, and also, Senator Pratt, I mean, my rough math from what Mr.
  • Pratt,<00:37:43.359> I<00:37:43.520> mean,<00:37:43.680> my<00:37:43.920> rough
  • <00:37:44.240> math Senator Pratt, I mean, my rough math Senator Pratt, I mean, my rough math
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • because of his beautiful blonde curls that I just couldn't bear to cut, piercing her ears and buying rough
  • piercing her ears couldn't bear to cut piercing her ears and<00:41:33.480> buying<00:41:33.760> rough
  • > tough<00:41:34.319> boys<00:41:34.560> for<00:41:34.839> him and buying rough
  • and tough boys for him and buying rough and tough boys for him it's<00:41:35.960> ingrained<00
Summary: The committee first took up House Bill 9, which would create oversight for Medicaid-related policy through a board modeled after the Public Pension Oversight Board. Sponsor Rep. Adam Bowling said the measure was intended to bring legislative, executive, and stakeholder voices together to vet issues and make better-informed Medicaid policy. Members generally supported the concept, though some questioned the proposed board’s party breakdown and whether the language should be updated now rather than later. After discussion, the committee voted 19-0 to pass HB 9 favorably. The committee then heard House Bill 495, which Rep. Hail said would protect mental health care professionals, institutions, and ordained ministers from discrimination when providing what the bill calls protected counseling services. He described the bill as a parental-choice measure that would allow counseling aligned with family values and said it also creates a civil cause of action for harmed parties. Opponents argued the bill would shield conversion therapy, with Dr. Eric Russ, Brandon Long, Dr. Brandon Creech, Brenda Rosen, Chris Hartman, and Dr. Bobby Glass testifying that conversion therapy is discredited, harmful, and associated with depression, anxiety, self-harm, and suicide risk. They said professional medical and counseling organizations oppose such practices and urged rejection of the bill. During questions, Rep. Layman pressed the sponsor on whether the bill would protect therapies even if a child was not in distress and on whether the committee should be endorsing a practice discredited by professional organizations. Rep. Hail responded that he viewed the issue as a parental choice and said he believed the bill protects providers offering those services. The transcript ends during continued discussion of HB 495, with no final vote shown on that bill.
CA
Transcript Highlights:
  • He had a rough life, and he is no longer with us.
  • And he had a rough life, and he is no longer with us. But I will tell you, you made a huge issue.
  • He had a rough life and he is no longer with us.
Summary: The Select Committee on Native American Affairs held a historic hearing at Table Mountain Rancheria focused on tribal education, culture, resilience, leadership, and trust. The opening prayer and remarks emphasized the significance of holding the first committee hearing on tribal land. Members said the hearing was intended both to hear testimony about ongoing problems in schools and to identify next steps for legislation and policy, especially as the session neared its end. The committee also referenced recent efforts supporting Native students’ right to wear regalia at graduation and broader concerns about representation in education and state institutions. The first panel centered on Native students’ experiences in public schools. Bella Garcia described a two-year fight with Clovis Unified over wearing tribal regalia at graduation, including a restrictive approval form and administrators who she said denied Native identity and made her feel invisible. Morningstar Ghali connected those experiences to the legacy of boarding schools, racial profiling, suspensions, and the “boarding school to prison pipeline,” and called for culturally responsive education, Native educators, counselors, Native studies, and restorative justice. Janet K. Bill, from the Attorney General’s Office of Native American Affairs, described her own path from tribal Head Start to Stanford, law school, tribal council, and state service, and said education, justice, and sovereignty are linked. Members asked about restorative justice, representation, and how to build pipelines into leadership and education roles. The second panel focused on solutions. Chairwoman Michelle Heredia Cordova urged a reimagined education system that is more personalized, experiential, culturally grounded, and balanced with land-based learning, while also recruiting Native teachers and creating stronger tribal partnerships. Chairman Leo Sisku said schools should educate educators, stop tokenizing Native students, and create accountability and consequences for discriminatory behavior; he also supported stronger tribal-school partnerships and more positive outreach. Chairman Fred Bean emphasized consistent engagement from tribal leaders at every level of schooling, stronger transitions from elementary to college, and programs that prepare Native youth for leadership, trades, and higher education. Chairman Shaineto of Tule River argued that schools and administrators should face consequences for violating Native students’ rights, and that Native people should not have to keep educating institutions about basic cultural respect. Committee members responded by discussing possible statewide solutions, including regional tribal boards, better enforcement of existing laws, stronger pipelines into teaching and leadership, and improved representation on boards and in state agencies. Several members raised the need to implement existing laws, fill vacant Native appointments, and consider broader protections for Native regalia and cultural expression. No formal vote was taken in the transcript, but the hearing concluded with a clear call for continued collaboration, accountability, and legislation driven by Native voices.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, July 17, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • My state, New Jersey, proportionately ranks second nationwide in ownership of cryptocurrency.
  • My state, New Jersey, proportionately ranks second nationwide in ownership of cryptocurrency.
AZ

Arizona 2026 Regular Session

02/19/2026 - House Health & Human Services

Health & Human Services

Transcript Highlights:
  • The rough math that I did, based on 27 investigators and 5,000 complaints, sorting those down to 3,500
  • board is asking for more FTEs every single board does not have enough capacity to get through it the rough
Summary: The committee first took up several continuation bills to extend state boards and agencies, including HB 2728 for the Department of Economic Security, HB 2729 for the State Board of Nursing, HB 2730 for the Board of Occupational Therapy Examiners, HB 2731 for the Physician Assistants Board, and HB 2732 for the Board of Pharmacy. Each was moved for a due pass recommendation, with HB 2731 amended to continue the physician assistant board for four years instead of two. All of these continuation bills passed the committee with strong support. The committee then heard HB 2408, a nursing board reform bill dealing with complaint investigation procedures, timelines, confidentiality, complaint prioritization, access to investigative files, expungement of certain disciplinary actions, and a revised definition of unprofessional conduct. The sponsor and supporters argued it would improve fairness, allow limited expungement for older non-patient-safety issues, and address long investigation delays. The nursing board president and other opponents warned it would raise the evidentiary standard, weaken patient safety protections, and erase useful disciplinary history. After extensive testimony, the committee adopted an amendment and passed the bill 7-4-1. Next, the committee considered pharmacy-related reforms. HB 2434 updated the controlled substances prescription monitoring program, including registration, reporting, confidentiality, and a compliance work group; it passed unanimously after amendment. HB 2733 allowed pharmacists and technicians to complete continuing education after renewal submission if finished before expiration, clarified prescription delivery locations, and addressed temporary operation during ownership changes; it also passed unanimously after amendment. Finally, HB 2725, which would have restricted access contractors from substituting non-opioid drugs and limiting non-opioid utilization controls, drew concerns that it was too broad and could affect many drug classes and costs. After amendment and debate, the committee failed to give HB 2725 a due pass recommendation by a 6-6 vote, and the meeting adjourned.
NM

New Mexico 2025 Regular Session

IC - Science, Technology and Telecommunications Nov 12th, 2025

Science, Technology & Telecommunications Committee

Transcript Highlights:
  • When times are rough, that is not the time to scale back; that is a time to invest.
  • So if you build a new pole and wire, you get what you spent on that plus rough. 10%.
TX

Texas 89th Regular

Transportation Apr 3rd, 2025

Transportation

Transcript Highlights:
  • it's going to go, who's going to be involved, and what it's going to do. ...going to cost, what the rough
  • Well, I think there's a rough order of magnitude that gets discussed.
FL

Florida 2025 Regular Session

February 5, 2025 - 12:30 PM

Transcript Highlights:
  • a five-year forecast of expenses to give to our BOCC, the Board of County Commissioners, to give a rough
  • a five-year forecast of expenses to give to our BOCC, the Board of County Commissioners, to give a rough
Summary: The Intergovernmental Affairs Subcommittee met to review how county budgets are developed and how constitutional officers fit into that process. Davin Suggs of the Florida Association of Counties gave an overview of county budgeting, explaining the statutory framework, the role of property taxes and TRIM notices, the fiscal-year timeline, fund balances and reserves, and the Department of Revenue’s oversight. He emphasized that county budgets include the board’s budget plus the budgets of constitutional officers, and that relationships and communication are critical to resolving budget issues. A panel of constitutional officers then described their offices’ budget processes and responsibilities: Escambia County Sheriff Chip Simmons discussed law enforcement budgeting and the importance of negotiated agreements with county commissions; Alachua County Property Appraiser Aisha Solomon explained the June 1 budget deadline, valuation methods, and the appeal process for property assessments; Manatee County Clerk and Comptroller Angelina Coleniso outlined the clerk’s court and finance duties, the county-side budget process, and the clerk’s personal liability under section 129.09 for unlawful expenditures; Leon County Supervisor of Elections Mark Early described the cyclical nature of election costs, staffing, equipment, and the impact of turnout and election law changes; and Columbia County Tax Collector Kyle Keene explained that tax collectors’ budgets are reviewed by the Department of Revenue, with fee offices funding themselves through service charges and budget offices relying on county support. Members asked about personal liability for unlawful spending, conflicts between clerks and county commissions, property valuation and storm damage adjustments, reserve levels, and whether tax collectors can retain excess fees. Responses noted that clerks must refuse illegal expenditures, property appraisers use market-based assessments with VAB and court review available, counties should maintain healthy fund balances for cash flow and emergencies, and tax collectors generally must zero out year-end balances and distribute excess revenues to taxing authorities. The committee took no votes and adjourned after thanking the panelists for their testimony.
MN

Minnesota 2025-2026 Regular Session

House Children and Families Finance and Policy Committee 2/25/26

Children and Families Finance and Policy

Transcript Highlights:
  • Do you have a rough estimate of, um, I know we're not in the property tax committee, but as a self-professed
  • Do you have a rough estimate, um, what kind of levy >> Madam Chair, Representative, yes, that &
  • estimate of, um, I know you have a rough estimate of, um, I know we're<00:16:36.240> not<00:16
  • Do you have a rough<00:16:41.839> estimate<00:16:42.959> um,<00:16:43.120> what<
  • Um, do you have a rough estimate of what kind of levy impact this is going to have on Clay County?
NH
Transcript Highlights:
  • So, the end story here is that it's proportionate to the amount of time that one would actually hold
  • > it's<00:29:21.640> it's story here is that it's it's story here is that it's it's proportionate
  • 22.960> amount<00:29:23.120> of<00:29:23.200> time<00:29:23.520> that proportionate
  • to the amount of time that proportionate to the amount of time that one<00:29:23.800> would<00
Keywords: 1189, house, all
Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.
HI

Hawaii 2026 Regular Session

CPC Public Hearing - Thu Feb 26, 2026 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • We feel that they actually make it so that liability is proportionate to what the services are.
  • that feel that they actually make it so that liability<01:05:26.000> is<01:05:26.240> proportionate
  • <01:05:26.799> to<01:05:27.119> what<01:05:27.359> the liability is proportionate
  • to what the liability is proportionate to what the services<01:05:27.920> are.
Summary: The committee on Consumer Protection and Commerce met on February 26, 2026, and heard several bills, mostly in the areas of workers’ compensation and consumer protection. HB 1946 HD1 on timeshare registration renewal drew support from DCCA’s timeshare program and major industry groups including Hilton Grand Vacations, the American Resort Development Association, and Marriott Vacations Worldwide, with no opposition noted. HB 1515 HD1, which would allow an attending physician to request a functional capacity examination without employer permission, was supported by DLIR and the Department of Human Resources Development and had no other in-person testimony; the bill was then moved on without questions. The committee spent substantial time on HB 1514 HD1, which would streamline workers’ compensation vocational rehabilitation by clarifying provider selection and requiring vocational plans within 90 days. DLIR supported the intent but asked for amendments, saying the 90-day deadline was too rigid given case-by-case complexity, limited staffing, and the need for coordination among injured workers, employers, and counselors; members discussed possible extensions and whether a 120-day timeline or other flexibility would be better. Testimony on the bill included one individual in support and seven in opposition. HB 1648 HD1, concerning workers’ compensation and physician dispensing of non-prescription drugs, drew support from DHRD and comments from DLIR and industry witnesses. DLIR said the bill should be narrowed so it does not restrict medically necessary over-the-counter medications or oral guidance from providers, while Aloha Billing Company and Solera Integrated Medical Solutions urged tighter limits on physician dispensing and raised concerns about pricing abuse through average wholesale price. Members discussed clarifying the bill’s language so it targets written prescriptions rather than oral advice. HB 1644 HD1, requiring a standardized disclosure form for residential solar contracts, received support from the Hawaii Solar Energy Association and Kauaʻi Island Utility Cooperative, while DCCA’s Office of Consumer Protection supported the consumer-protection goal but proposed stronger remedies, including a three-day cancellation right, voidability for missing disclosures, and possible lender liability; members questioned how those remedies should apply to lenders, and no vote was taken on the measures in the portion provided.
MN

Minnesota 2025-2026 Regular Session

Committee on Human Services - 01/28/26

Human Services

Transcript Highlights:
  • If, uh, I don't know what it has to do with proportionality, Glenn, or sequenced implementation, to do
  • c><01:34:44.480> to<01:34:44.639> do<01:34:44.800> with<01:34:45.040> proportionality
  • , what it has to do with proportionality, what it has to do with proportionality, Glenn,<01:34:46.239
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

Committee on Environment, Climate and Legacy - 03/27/25

Environment, Climate, and Legacy

Transcript Highlights:
  • And for the most part, they allocated that reduction across each project mostly proportionally.
  • reduction across each<00:08:51.480> project<00:08:52.480> mostly<00:08:53.000> proportionally
  • <00:08:54.000> So, each project mostly proportionally.
  • So, each project mostly proportionally.
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

WAM-CPN Informational Briefing 01-06-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • So we split the cost of any repairs, and so, yeah, I guess total would be, in rough, a portion of it,
  • So we split the cost of any repairs, and so, yeah, I guess total would be, in rough, a portion of it,
  • Would be, in rough, a portion of it, $43 million total to do the work.
  • I mean, even United policyholders said, although it's still rough, it's a much better, fairer deal for
  • I mean, even United Policyholders said, although it's still rough, it's a much better, fairer deal for
Keywords: 912, senate, all
Summary: The Joint Committee on Ways and Means and Commerce and Consumer Protection heard the Department of Commerce and Consumer Affairs present its biennium budget request for fiscal years 2025 to 2027. Director Nainoa Ando said the department’s requests were primarily special-fund ceiling increases to meet operational needs. Major items included an additional $12 million to complete the King Kamehameha V Post Office building roof project after hidden deterioration and water intrusion were discovered, plus funding related to fringe benefits and central services assessments. The department also outlined requests for a new medical compact implementation cost, an auditor position, an engineer position, and a captive insurance IT modernization project. A significant portion of the discussion focused on the Office of Consumer Protection’s landlord-tenant call line and public service access. Senators raised concerns that callers often reach voicemail, are told to leave a message, and sometimes are referred to look up the law themselves. DCCA said the Oʻahu line is staffed by one full-time employee backed by two to three investigators, with one investigator each on Maui and Hawaiʻi Island, and that calls are tracked in a case management system. The department said it plans to add one more Oʻahu staff position through a transfer from another division and that a new call-center/web system with time tracking is expected to go live in the summer. Members also discussed a possible bill related to Pearson VUE nursing certification testing, with one senator describing the burden on neighbor-island nursing graduates who must travel to Honolulu for a one-hour test. The senator said she intended to introduce legislation after receiving no response to repeated outreach. DCCA did not take action on that proposal during the hearing. For the PUC-related requests, the department explained a one-time $1 million request for outside consulting tied to Maui wildfire-related filings, including wildfire safety mitigation and hazard mitigation plans, and a separate $900,000 request through the Consumer Advocacy Division to hire consultants for review and analysis. The committee also discussed a captive insurance IT modernization request, which DCCA said would replace manual and spreadsheet-based processes with a cloud-based system to better handle filings, payments, and workflow; no vote or final action was taken on the budget items during the hearing.