Transcript Highlights:

• I'm not going to try to cover up that piece of it.
• Do you have qualifications that cover that, or how's that done? No, it's a very fair question.
• I guess it does kind of shift the fiscal note over to a different entity, but I like the idea.
• Most everything else has already been covered here.
• Most everything else has already been covered here.

Committee: House Crime and Public Safety

Keywords: 959, house, all

Transcript Highlights:

• So if you can cover more and more acres, then you win the game of the grants.
• And that’s going to lead to even more erosion in terms of, you know, having people fully covered after
• “Starting to cover publicly owned utilities in our current survey, and this just shows the picture for
• And we covered that a little bit in the Energy Committee earlier.
• All these entities share in the responsibility of recovery.

Summary: The Senate Committee on Insurance held an information hearing on the impacts of climate change and catastrophic wildfire on California’s insurance market, with opening remarks focused on the state’s affordability, availability, and stability problems. Chair and members discussed the role of SB 254’s report, the Sustainable Insurance Strategy, the growth of the FAIR Plan, and the need to better align insurance regulation, mitigation, and land-use decisions. The Vice Chair noted the importance of hearing from industry as well as consumer and academic experts, and Senator Becker said the report would inform further committee work. Amy Bach of United Policyholders described how climate-driven wildfire and flood risk, combined with inflation, insurtech, and risk modeling, have reduced competition and pushed more homeowners into the FAIR Plan and non-admitted surplus lines coverage. She said availability is improving somewhat, but affordability will depend on mitigation, insurer competition, and fair rate regulation. In response to questions, she emphasized underinsurance as a long-running problem, supported stronger insurer responsibility for replacement-cost estimates, and suggested a public reinsurance backstop and more mitigation funding rather than removing wildfire coverage from basic policies. Nancy Watkins of Milliman and Michael Wara of Stanford argued that the market problem is fundamentally that expected claims and expenses now exceed premiums because too many homes are burning. They said California needs both risk reduction and actuarially sound pricing, along with a state mitigation framework that targets the highest-risk communities and prioritizes home hardening, defensible space, and community-scale mitigation over broad acreage-based spending. They also discussed the role of non-admitted carriers as a gap-filler, the need for better data on reconstruction costs and mitigation effectiveness, and the importance of sustained funding rather than one-time grants. A later panel with Frank Freebalt of Cal Poly and Michael Golnar of UC Berkeley focused on modeling and mitigation science. They said wildfire policy should treat the issue as a structure-ignition and urban conflagration problem, not just a wildland fire problem, and stressed integrated land-use, utility, and community mitigation. Members asked about zoning, building codes, utility hardening, and who should pay for mitigation; witnesses said older, denser neighborhoods are the highest priority, that utilities must improve operational safety measures, and that targeted mitigation in the highest-risk areas offers the best return. No votes or formal actions were taken at the hearing.

Transcript Highlights:

• I apologize if I was rushing back if you already covered those specifically, but where do those stand
• And that leads me to a question because we have GoBiz and other entities that come before us that have
• That's a major problem for me, and I know that there's more that needs to be covered that is not part
• So we really needed to say, okay, how are we going to cover the entire state of California?
• So we really needed to say, okay, how are we going to cover the entire state of California?

Keywords: 987, senate, all

Transcript Highlights:

• Finally, I will cover some other issues we identified during our sunset review of the department.
• Today I'll cover some key findings we had related to the department's primary responsibilities that had
• This means we're at a point where we're covering the cost of employees from the trust land management
• How do you fix the charge you have for your administrative costs to cover your bills?
• Specifically K-12 education and 12 other entities.

Keywords: 1182, all

Summary: The Joint Natural Resources and House Natural Resources, Energy and Water Committees of Reference heard the Arizona Auditor General’s sunset review of the Arizona State Veterinary Medical Examining Board. The audit found the board generally met some licensing requirements, but it did not timely investigate and resolve 49 of 159 complaints in fiscal year 2024, and it did not fully comply with conflict-of-interest disclosure and filing requirements. The Auditor General also identified weaknesses in continuing-education verification and other sunset-factor areas, and the board agreed to implement all 21 recommendations. Board staff said complaint volume has risen sharply since the pandemic, that the board’s process is slower because every case goes through an investigative committee and then the full board, and that it has already corrected some conflict-of-interest issues and is adding tools to improve continuing-education audits. The committee then heard testimony from the board’s executive director and from the Arizona Veterinary Medical Association. The executive director emphasized the board’s public-protection mission, described the shortage of veterinarians and veterinary technicians, and said the board is working to improve efficiency through a new e-licensing system and staff training. Members asked about the shortage of large-animal veterinarians, complaint backlogs, and whether the board could do more to recruit rural practitioners; the board said it lacks direct recruiting authority but supports multiple licensure pathways and loan-assistance efforts. The veterinary association supported the board’s oversight and said it is also working on rural and large-animal workforce issues through partnerships and advocacy. The committee then voted to recommend continuing the board for eight years, until July 1, 2034. The committee next took up the Arizona State Land Department, beginning with the Auditor General’s presentation on the department’s sunset review and prior special audit. The audit found the department had not updated its required five-year disposition plan since 2011, had sold more than 48,000 acres without an active plan, had allowed agricultural rental rates to go unchanged since 2006 despite market increases, and had not consistently inspected mineral-related leases or properly managed reclamation bonds. The Auditor General said these issues created risks of lost revenue, reduced transparency, and public-safety hazards, and recommended 18 corrective actions in the main review plus 34 additional recommendations on other issues; the department agreed to most recommendations but declined to adopt a written policy for commissioner-initiated land sales. Commissioner Robin Sahid said the department is working through audit recommendations, has created a rules team, improved its customer portal, and is pursuing new policies on water use, transportation-basin leases, and disposition planning. Members questioned the department about agricultural leases, groundwater valuation, the Fondomonte leases and reimbursement for improvements, the canceled Coyotes land auction, backlog and processing times, and the use of consultants and administrative funds. The commissioner said the department had over 2,000 applications in queue when she arrived, that it has made progress reducing the backlog, and that it is conducting stakeholder outreach on water-efficiency standards and lease addenda. No final vote on the land department continuation was taken in the portion provided.

Transcript Highlights:

• which is, as I mentioned, ERAF and non-basic aid school district property taxes, is insufficient to cover
• I'll cover the BCP on the generation and handling fee.
• waste recycling fee or an e-waste fee upon the purchase of certain new or refurbished covered electronic
• On and after Jan 1, 2026, the Act also imposes a fee on purchasers' purchases of covered battery-embedded
• So this proposal this proposal would require a marketplace facilitator to collect that covered battery

Keywords: 988, house, all

Transcript Highlights:

• </c><01:09:04.560><c> this</c> our general funds would cover this our general funds would cover this
• </c> and said, "Will Tannif really cover and said, "Will Tannif really cover that?
• There's no bottom line of yes, we'll cover this, or no, we will not cover that.
• </c> department to cover this cost. department to cover this cost. &gt;&gt; Followup.
• </c> covered today? covered today?

Keywords: 1189, house, all

Summary: House Finance Division 3 met in work session and opened with procedural remarks from the chair about the committee’s schedule, deadlines, and recommendation options, noting the meeting was advisory and no votes were expected. The first bill discussed, House Bill 1569, concerned repealing the directive to sell the Anna Philbrook Center for Children property in Concord. Testimony from DHHS and New Hampshire Hospital focused on whether the property could be subdivided, the relationship to Senate Bill 572, the status of the city of Concord’s first right of refusal, and the practical effects of a sale. Witnesses said the $5 million sale estimate was a budget assumption, that moving staff and equipment would create some relocation costs, and that the center had required significant recent maintenance and renovation spending. Members also discussed the number of transitional housing beds at the site, the temporary nature of those beds, and whether the property should remain available given hospital workforce and service needs. The committee then turned to House Bill 661, which had been recommitted for further review after new information emerged. The chair summarized federal developments, including a December 2025 ACF letter and a related executive order, as well as a federal HHS press release about states diverting foster youths’ Social Security survivor benefits. Representative Walner explained that amendment 3055H had been drafted to move the bill forward in smaller steps, with a fiscal note requested on the amendment because the original bill was viewed as too large and expensive. Members discussed whether the committee had received copies of the amendment and whether federal guidance or funding had changed the policy landscape. The discussion also included broader questions about foster youth benefits and whether federal action would support state implementation. One member cited ACF language stating that only 11 states had enacted policies to stop interception of survivor benefits and that technical assistance would be available to the remaining states. The meeting remained in work-session mode throughout, with no votes taken and no final recommendations made during the portion provided. The chair indicated the committee could return to the bills later in the month.

Transcript Highlights:

• So I think her testimony will cover a lot more details. Thank you.
• So I think her testimony will cover a lot more details. Thank you.
• So I think her testimony will cover a lot more details. Thank you. Um, I know Dr.
• </c><01:45:53.520><c> these</c> it's important for us to cover these it's important for us to cover these
• </c> it covers and what it doesn't cover. it covers and what it doesn't cover.

Committee: House Executive Departments and Administration

Keywords: 1189, house, all

Transcript Highlights:

• This is a core request for $168,945 to cover the dues for the Delta Regional Authority.
• These funds helped generate $5.6 million from the Delta Regional Authority for covering 14 projects.
• of $1.6 million and argued there was no need to continue high projections if the facilities and entities
• Carver said that on page 94, the CDBG item for federal stimulus funds covers projects that showed how
• So on page 211, this is the core decision item that reflects the governor’s recommendation to cover our

Committee: House Budget

Keywords: 959, house, all

Transcript Highlights:

• And entities, regardless of their license status or whether the entity has brewed beer.
• These activities are often perpetuated by industrial entities that harm birds and their nests when they
• This means clinic systems that cover multiple counties and single counties cannot access this program
• Does also mean clinic systems can't contract with multiple pharmacies that cover the areas they serve
• I don't think they understand the 1898 case and perhaps the media doesn't want to actually cover the

Keywords: 988, house, all

Transcript Highlights:

• the disasters have occurred there’s been a lot of you all on the agenda and others, agencies and entities
• within house, and what I would like to do for the committee to get an update today on what these entities
• the disasters have occurred there’s been a lot of you all on the agenda and others, agencies and entities
• Jonathan is covering both Georgia and Kentucky.
• Jonathan is covering both Georgia and Kentucky.

Keywords: 958, all

Summary: The committee met to adopt the minutes of the second meeting by voice vote, then heard an update focused on disaster preparedness, resiliency, response, and coordination among state agencies and partners. The chair emphasized avoiding duplication of resources and highlighted the importance of agriculture-related response issues, including animal evacuation, feed distribution, and the role of extension services during disasters. The Department for Public Health was invited to explain its role in emergency planning and response. Public Health described its Emergency Preparedness and Response Branch as the lead coordinating agency for Emergency Support Function 8, covering health and medical services under Kentucky’s emergency operations framework. Testimony outlined its broad responsibilities, including support for hospitals, morgues, local health departments, behavioral health, crisis counseling, suspicious package testing, disease outbreaks, and coordination with emergency management, EMS, transportation, and nonprofit and private partners. Officials also described the agency’s risk-assessment process, training and exercise programs, and deployed assets such as PPE caches, deployable communications, a federal medical station, a mobile treatment center, and alternate care support used in events like the eastern Kentucky floods and COVID-19. The agency also discussed funding through federal cooperative agreements for public health emergency preparedness and hospital preparedness, noting that these programs have evolved since 9/11 and have been shaped by major disasters and emerging threats. Officials said Kentucky’s funding has declined over time and that current awards are partially funded for the first time in the program’s history. They expressed support for efficiency if federal programs are consolidated, but cautioned that combining programs could risk further funding losses.

Transcript Highlights:

• 54.800><c> private</c> private, you know, government private private, you know, government private entity
• </c><00:14:57.360><c> And</c><00:14:57.560><c> I</c> entity partnerships, serve vets.
• And I entity partnerships, serve vets.
• /c><00:31:48.000><c> over</c><00:31:48.240><c> 1.6</c><00:31:48.920><c> million</c> 71 buildings covering
• over 1.6 million 71 buildings covering over 1.6 million square<00:31:49.440><c> feet,</c><00:31:50.160

Keywords: 1187, senate, all

Summary: The Minnesota Senate Subcommittee on Veterans met on March 4, 2026, and began with a moment of silence honoring Sergeant First Class Nicole Amore of White Bear Lake, who was killed while serving in Kuwait. The committee then took up Senate File 3956, an MDVA policy bill giving the commissioner clearer authority to direct staff time and other non-monetary resources toward partnerships with organizations serving veterans, especially on food insecurity, homelessness, suicide prevention, and related efforts. MDVA and Disabled American Veterans testified that the bill would help them work more quickly and clearly with outside partners, including food pantry and outreach efforts, while remaining focused on non-monetary support. Senator Howe offered an A1 amendment narrowing the bill to the three named priorities and removing the broader “other critical issues” language; the amendment was adopted after discussion about whether the reporting language also needed adjustment. SF 3956, as amended, was laid over for further consideration. The committee then heard Senate File 3955, which would create a new procedure for temporary closure of a Minnesota veterans home if an involuntary termination notice requires it, bringing state law into closer alignment with federal expectations. MDVA emphasized that it had no intention of permanently closing any veterans homes and that the bill was intended only to establish a temporary closure plan to satisfy survey requirements. Senator Howe offered an A1 amendment clarifying that any closure would be temporary unless the legislature approved a permanent closure; MDVA and the Department of Health indicated the change was acceptable. The committee adopted the amendment and then voted to recommend SF 3955, as amended, to pass and refer it to the full committee. Finally, the committee began Senate File 4072, an MDVA cleanup and conformity bill. After adopting a technical A3 amendment, MDVA explained that the bill would reclassify the Chief of Staff/Deputy Chief of Staff role as Deputy Commissioner for Administration to better reflect the scope of the position, and would also repeal outdated statutes related to environmental hazards assistance and a data-collection requirement that the department said it could not implement. The bill was still being presented when the transcript ended, and no final committee action on SF 4072 was shown in the excerpt.

Transcript Highlights:

• clear that these tax credits can be claimed for donations to scholarship-granting organizations to cover
• It makes clear that any of these entities are able to benefit from this bill.
• granting donations to scholarship granting organizations<00:08:27.440><c> to</c><00:08:27.680><c> cover
• to cover virtually any educational<00:08:30.240><c> expense.
• are able to benefit from this entities are able to benefit from this bill.<00:08:53.440><c> Simply</

Committee: Senate Education

Keywords: Call to Order and Roll Call: 0:03 Bills for Consideration: 3:10 Adjournment: 56:19, 958, all

Transcript Highlights:

• Limited accountability and inconsistent training standards have allowed some entities to operate without
• 00:05:25.520><c> have</c><00:05:25.840><c> allowed</c><00:05:26.160><c> some</c><00:05:26.400><c> entities
• </c><00:05:26.960><c> to</c> standards have allowed some entities to standards have allowed some entities
• nothing in paragraph one that says there is going to be a change in the following ways of what's covered
• ,</c> the following ways of what's covered, the following ways of what's covered, what's<00:37:19.839

Committee: Senate Licensing & Occupations

Keywords: 958, all

Transcript Highlights:

• But they've covered it.
• And so they tried to cap it, capture all the gases, a welded-shut capped landfill cover, but now it's
• AB 1426 establishes the Diablo Range Conservation Program, creating a dedicated entity to approve and
• Like Maxine said, Shein and Temu are two of the largest entities in the fashion industry with much of
• So the committee amendments will reduce the CEQA exemption to two years for the same projects covered

Summary: The committee heard several climate, environmental, and housing bills. AB 1425, dealing with pit dewatering near the San Joaquin River Parkway, drew extensive testimony. The author and supporters argued the bill was needed to protect the river, groundwater, floodplain conditions, tribal and cultural resources, and public access from a proposed mining project near the river. Opponents, including Cemex, labor representatives, and industry groups, said the bill would bypass the CEQA process before it was complete, threaten jobs, and create uncertainty for an existing operation. Members questioned both sides about hydrology, blasting, dewatering, and the adequacy of the ongoing environmental review. The bill was moved, but several members expressed concern about preempting CEQA and some did not vote or voted no. AB 881, which would allow California to move forward with carbon capture and sequestration pipelines, was presented as a way to advance state climate goals and capture federal funding. Supporters, including SMUD, labor, and industry groups, said the bill would help deploy carbon capture safely and preserve jobs. Environmental justice opponents supported stronger safety direction and warned that CO2 pipelines pose serious risks and that the state should not move ahead without clearer standards. The bill received a due-pass recommendation to Appropriations. AB 1207, on the cap-and-trade allowance price ceiling and the social cost of carbon, was presented as a science-based update to California’s climate policy. The author and EDF said the bill would keep the program aligned with current economic and climate data and protect it from federal political interference. It received broad support and a due-pass recommendation. AB 1106, creating a coordinated network of air quality incident response centers, was also approved after testimony about wildfire smoke, toxic emissions, and the need for better real-time monitoring during disasters. AB 28, the Landfill Fire Safety Act, focused on the Chiquita Canyon landfill fire and related health impacts in Castaic and Val Verde; residents described serious illnesses and contamination concerns, while landfill and county representatives warned about costs and asked for more study. The committee nonetheless advanced the bill with a due-pass recommendation. The committee also heard AB 357, which would speed Coastal Commission review of student and faculty housing projects, with supporters citing student homelessness and opponents urging caution but acknowledging the need for more housing; the bill was presented and discussed, with the committee emphasizing the need to balance housing production and coastal oversight.

Transcript Highlights:

• So does this bill contemplate whether the state will provide existence or cover the cost of obtaining
• that are allowed, for example, identifications that are issued by other government entities that are
• And that created a special entity that would govern the Gainesville Regional Utilities.
• This has and that created a special entity that would govern the Gainesville Regional Utilities.
• Providing more accountability to those institutions and entities within municipal boundaries that are

Keywords: 999, senate, all

Transcript Highlights:

• Finally, the bill waives sovereign immunity for the state and every governmental entity if prohibited
• Will waive sovereign immunity for the state and every governmental entity if prohibited discrimination
• Law enforcement is using it to great success to find bad guys, but I have concerns about private entities
• It's covered in Chapter 477. Representative Skidmore. Thank you, Mr. Speaker.
• And that is under statute 106.15 and Florida exempt entity rules under 26 U.S.C. subsection 501(c)(3)

Summary: The House convened with prayer, the Pledge of Allegiance, a quorum call, and several recognitions, including a moment of silence for service members killed in the Middle East conflict. The chamber adopted the special order report and then took up several bills on the special order calendar. Early action included passage of CS/CS/HB 981 on tributaries of the St. Johns River and Ocklawaha River restoration after debate over environmental benefits versus concerns about impacts to Rodman Reservoir, rural communities, property values, and long-term uncertainty. The bill passed 107-3. Members then considered CS/HB 1389 on affordable housing and the Live Local Act. The bill would expand multifamily and mixed-use allowances, limit local setback/stepback restrictions, remove local opt-out authority, address accessory dwelling units, and waive sovereign immunity for certain land-use discrimination claims. Supporters argued it would increase housing supply amid a statewide shortage; opponents objected to further state preemption of local control and the ADU provisions. The bill passed 78-29. The House also passed CS/CS/HB 1085, codifying the local government cybersecurity grant program and prioritizing fiscally constrained counties, by a unanimous 109-0 vote. The chamber next debated CS/HB 273 on special districts, which would allow certain agreements in rural areas of opportunity and impose new transparency and budget rules on larger downtown development districts. Questions focused on the meaning of “directly benefit,” the 10% administrative cap, budget approval authority, and the bill’s effect on downtown development authorities. An amendment to remove the downtown district provisions failed, and the bill passed 88-0. The House later returned to the temporarily postponed CS/HB 989 on motor vehicle manufacturers and franchise dealers, which limits allocation of new vehicle lines to any one dealer group; it passed 109-1. Finally, the House took up CS/HB 1329 on local government spending transparency. The bill requires tentative budgets to be posted 14 days before hearings, final budgets to remain online for five years, and budget data to be searchable and downloadable, with waivers for smaller governments. Members debated whether the bill would impose costs despite the sponsor’s claim of zero fiscal impact. An amendment by Representative Cheney would have added hardship assistance for small governments and CFO support, but the transcript ends during debate on that amendment before final disposition is shown.

Transcript Highlights:

• on a pro applicable pass through entity on a pro data<00:19:11.840><c> basis</c><00:19:12.320><c> or
• </c><01:09:54.880><c> But</c><01:09:55.199><c> the</c> however much it it covers.
• But the however much it it covers.
• The area our school district covers remains a popular area for tourism.
• district covers remains a popular area for<01:25:09.880><c> tourism.

Committee: Senate Taxes

Keywords: 1187, senate, all

Transcript Highlights:

• This bill only covers businesses, right? So that wasn't—I'm asking about private sector.
• This bill only covers businesses, right? So that wasn't—I'm asking about private sector.
• This bill only covers businesses, right? So that wasn't—I'm asking about private sector.
• This bill only covers businesses, right? So that wasn't—I'm asking about private sector.
• Everything that SHIPA does is a state agency and is not covered by this bill.

Committee: House Human Services & Homelessness

Keywords: 910, house, all

Summary: The Committee on Human Services and Homelessness heard two SNAP-related bills on March 13, 2025. SB 960 SD1 would appropriate funds to DHS to improve SNAP administration, including additional positions. Testimony from Catholic Charities Hawaii, Hawaii Public Health Institute, Hawaii Food Industry Association, AARP Hawaii, Hawaii Appleseed, and many others strongly supported the measure, emphasizing high food insecurity, the importance of SNAP federal dollars, and the need to reduce delays and improve access. DHS said vacancies and retention are the main barriers, with staffing shortages statewide across processing centers. The department described efforts such as wikiwiki hiring, bringing back retired workers, using interns, and improving call center efficiency, and said it had requested a 5% performance incentive package estimated at about $1.1 million per year, though that request did not make the governor’s budget. Members asked about vacancy counts, staffing distribution, and how the bill would interact with other SNAP funding; DHS said some funding was tied to the new eligibility system and that staffing requests would need to be separate. The committee did not take final action on the bill in the portion heard. The committee then heard SB 961 SD1, which would require DHS to adjust minimum certification periods and participate in the Elderly Simplified Application Project. Supporters, including AARP Hawaii, Catholic Charities Hawaii, Hawaii Public Health Institute, Hawaii Appleseed, Hawaii Food Industry Association, and additional organizations and individuals, said the bill would reduce red tape, help kūpuna, and ease administrative burden. DHS supported the concept but said the current legacy system cannot automate these changes and that any implementation would require manual processing until the new system is in place. DHS and committee members discussed the risk of higher error rates and timeliness problems with manual processing, noting the department had recently been assessed a $1 million penalty for high payment error rates and was already in corrective action for timeliness. Members also discussed the anticipated fall 2026 rollout of the new system and whether the bill should be delayed until then; DHS said it preferred to assess the new system first before pursuing waivers and related changes. The committee then moved on to the next measure after the discussion.

Transcript Highlights:

• There are 37 bills before the committee this afternoon covering the subject of motor vehicle sales, transactions
• I think you've covered it all, Mr. Chairman, so I'll turn it back over to you.
• Most people with insurance policies believe their policy will cover them for any vehicle they operate
• The reality in Massachusetts is that carriers collect the premium, but do not cover their insureds in
• Most people with insurance policies believe their policy will cover them for any vehicle they operate

Committee: Joint Joint Committee on Transportation

Keywords: 995, all

Summary: The Joint Committee on Transportation held a hybrid hearing on a large slate of bills covering motor vehicle sales, registration, title processing, dealer regulation, and several local matters. Chair Cyrro noted that Senate Bill 2414 had been postponed at the sponsor’s request, though public testimony would still be accepted. The hearing then heard testimony on measures including S. 2367, which would make an insurer primary for losses caused by an insured driver in a rental car; H. 3698 and related bills on codifying registration of 25-year-old imported Japanese kei vehicles; H. 3701 on requiring lienholders to release titles within seven days; H. 3690 on capping dealer documentation fees; and H. 3641 on requiring education for class two motor vehicle dealers. Testimony also addressed e-titling and e-signatures, peer-to-peer car sharing, temporary license plates, duplicate plates, general registration plates for motor vehicle distributors, and a bill to ban tinted license plate covers. Supporters of the rental-car insurance bill argued Massachusetts is an outlier compared with 47 other states and said the change would improve fairness, competition, and consumer understanding without raising premiums. Dealers and industry groups generally supported e-titling/e-signature modernization and the inspection-related bill, but urged safeguards to preserve title, registration, and insurance verification. The Massachusetts State Auto Dealers Association opposed the doc-fee cap, saying documentation fees are a disclosed cost-recovery tool that varies by dealership. Representatives and advocates for kei vehicles said the RMV’s 2024 reversal showed the need to codify the rules in law, while opponents of the RMV’s approach described it as arbitrary and harmful to owners and importers. Supporters of the dealer-education bill said it would curb unregulated “curbstoning” and help ensure proper title handling and consumer protection. Several local and specialty bills also drew testimony. Hatfield officials supported a local bill allowing golf carts on certain town roads under strict safety rules, and Representative Ayers testified for a bill banning tinted license plate covers to aid toll collection, law enforcement, and vehicle identification. Senator Lovely and other advocates supported the “Easy ID” license plate proposal, saying it would improve vehicle recognition in crime and child-abduction investigations. The committee took no votes during the hearing and adjourned after public testimony concluded.

Transcript Highlights:

• [laughter] But I guess we've covered that already.
• that's not that individual entity that's subscribing or redeeming.
• that's not that individual other entity that's not that individual entity<00:51:15.200><c> that's</c
• I don't want to break anything else that you're going to cover.
• So, I'm also going to cover just kind of three general topics here. Why now?

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.