Transcript Highlights:

• PREMIUMS. THE POINT OF THE SLIDE IS SIMPLY TO SAY THAT WE ARE TRYING TO WORK AGAINST THE GRAIN.
• YOU CAN SEE 12,000 REDUCTIONS AND SEVEN THEY HAD NO CHANGE IN PREMIUM.
• SOME STILL SAW AN INCREASE. OTHERS WE DON'T HAVE ALL THE INFORMATION.
• SO THERE ARE LOTS OF THINGS WE HAVE THAT CAN AFFECT THE PREMIUM THAT THEY ARE QUOTED.
• AND OR THE PROPENSITY FOR DAMAGE INCREASES DRAMATICALLY WHEN YOU HAVE LOST THAT.

Keywords: 999, senate, all

Transcript Highlights:

• If doing so, it will not increase the financial risks of the investment.
• But now, your insurance premium is up 70% from last year, and nobody can explain why.
• Second, it increases the amount of capital needed to start an insurance company.
• And it results in 40 to 50 percent of what consumers are paying in their premiums.
• So being unable to tackle that reinsurance cost, ...their premiums.

Summary: The Insurance and Banking Committee met with a quorum and heard three bills. HB 487 would authorize the CFO and State Board of Administration to invest up to 10% of certain state funds in Bitcoin, require specified custody methods, allow Bitcoin lending under rule, and create a process for accepting taxes and fees in Bitcoin. The sponsor and several proponents argued it would diversify state investments, hedge inflation, and position Florida as a leader in digital assets. Members raised concerns about volatility, security, valuation, and whether Bitcoin was being singled out over other cryptocurrencies, but the bill was reported favorably after debate and a roll call vote. The committee then considered HB 7011, an Open Government Sunset Review measure for records of insolvent insurers. The bill would continue some exemptions but make additional records public, including underwriting files, risk-solvency assessments, corporate governance annual disclosures, and the names, benefits, and compensation of insurance executive officers. There was no public testimony, and members discussed privacy and safety concerns, but the bill passed and was reported favorably. Finally, the committee heard HB 1433 on hurricane mitigation grants and insurer regulation. The bill would tighten restrictions on former executives of failed insurers, raise capital requirements for new insurers, and require mitigation credits when homeowners receive Safe Florida Home funds. An amendment was adopted to require a licensed person to make final claim-denial decisions when AI or automation is used and to prioritize filings that lower rates. Consumer advocates supported the transparency and consumer protections, while industry representatives urged caution on the AI provisions. After debate, the amended bill was reported favorably. The meeting ended with closing remarks from the ranking member, vice chair, and chair reflecting on the committee’s work and likely final meeting of the term.

Transcript Highlights:

• Fraud drives up premiums.
• Fraud drives up premiums. Fraud drives up premiums. Thank you, Mr. Chair.
• I mean, like, you know, the financial payments or the increases in premiums that they are paying based
• <00:26:28.600> in financial payments or the increases in financial payments or the increases
• <00:29:29.960> consumer protection or increasing consumer protection or increasing consumer

Keywords: 1183, house

Transcript Highlights:

• How did we increase spending by 100% on Medi-Cal and enrollment increased by less than 1%?
• It prevents automatic increases on premiums.
• It prevents automatic increases on premiums.
• We delayed harmful dental cuts, we delayed immigrant premium increases, we provided health care premium
• We delayed harmful dental cuts, we delayed immigrant premium increases, we provided healthcare premium

Keywords: 988, house, all

Transcript Highlights:

• Insurance premiums should come down.
• Every increased dollar in premium makes it more difficult for us to continue our businesses.
• Over the last three years, it has increased by over 50%.
• Our local grocery stores experience increased foot traffic and increased sales.
• The severity of the threats is increasing.

Bills: HB2242, HB2446, HB2799, HB4502, HB2920, HB2790, HB5620, HB5060, HB5076, HB5080, HB5081, HB5128, HB5130, HB3847, HB5116, HB2969, HB4546, HB4202, HB5624, HB3964, HB4803, HB872, HB4775, HB4777, HB4961, HB5570, HB2988, HB4260, HB1375, HB5009, HB5411, HB5134, HB4388, HB3095, HB1387

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Transcript Highlights:

• And so that number has steadily increased over time.
• And also, yeah, they'll definitely increase.
• One is the ESA program, both from the increase in participation and the increase in average Both from
• the increase in participation and the increase in average cost per child constitutes about $59 million
• The executive wants to increase that by $20 million.

Bills: HB2053, HB2116, HB2148

Keywords: stormwater, recharge mapping, water resources, groundwater, appropriation, Arizona, HB2116, Colorado River, litigation fund, water rights, Arizona water law, general fund appropriation, state budget, interstate water compact, Colorado River Compact, water litigation, A.R.S. 45-119, natural resources, water policy, river management

Transcript Highlights:

• Consumers will face a higher premium and cost sharing.
• plans, and this cost increase will only be passed on to our members.
• This cost shift will result in higher premiums and increased out-of-pocket expenses for our enrollees
• premiums by $200 million annually.
• premiums by 25% and cost taxpayers between $200 and $400 billion.

Bills: AB93, AB204, AB414, AB504, AB598

Keywords: public employees, police officers, benefits, appropriation, law enforcement, medical debt, collection agency, healthcare, consumer protection, financial assistance, occupational safety, air quality, greenhouse gases, employee monitoring, safety program, hemp, hemp products, cannabidiol, CBD, cannabis

Transcript Highlights:

• The costs associated with the rise in our premiums and the flexibility that will give us long term.
• The one thing that we're not doing is we're not implementing a monthly premium or anything along those
• So the burden for the total increased cost is there.
• I mean, we were trying to meet the bare minimums and try to keep the premiums where they were.
• I know a lot of farms that are in these small groups are $25,000 to $30,000 premiums.

Keywords: 908, all

Summary: The committee met to consider four policy bills and discussed a possible later return to handle DOCR amendments and budget work. They first took up HB 1327, funding for the Agricultural Diversification and Development Fund, and adopted an amendment striking language that would have capped up to $10 million for agricultural infrastructure grants to political subdivisions. The bill was then passed as amended on a 22-0 vote, with Rep. Belts assigned as carrier. Next, the committee considered SB 2256, the Research Technology Park grant. Rep. Stemen offered an amendment reducing the appropriation amounts from the original figures to $10 million and $5 million levels, citing available funding; the amendment passed 19-3. The bill then passed as amended 22-0, and Rep. Stemen agreed to carry it. The committee then debated SB 2093, which combined a retired peace officers/surviving spouses benefit with an added income tax reduction. Rep. Munson moved to remove the income tax portion, and the committee agreed 17-4. The remaining peace officer benefit portion was then passed as amended 21-0, with Rep. Kempenich carrying it. Finally, the committee considered HB 2160, changing the state health plan from grandfathered to non-grandfathered status. Members discussed cost shifting, employee retention, out-of-pocket exposure, and the updated fiscal note; the committee adopted an amendment updating the appropriation figures to match the current PERS/Deloitte analysis, then passed the bill as amended 15-7-1, with Rep. Worry originally the carrier.

Transcript Highlights:

• into a lower debt load and avoid scrutiny of a premium interest rate?
• debt load, avoiding scrutiny of the premium interest rate.
• know have this offset for a premium know have this offset for a premium interest<00:25:21.320>
• <00:25:32.760> interest avoid scrutiny of a premium interest avoid scrutiny of a premium interest
• <01:19:47.880> in there is some incremental increase in there is some incremental increase

Keywords: 910, house, all

Summary: The committee heard several energy and environmental bills. On HB 974, which would authorize state step-in agreements for certain power purchase agreements and create a trust fund/reserve mechanism, the Attorney General’s office raised concern that the state should not incur liability beyond the trust fund. The Division of Consumer Advocacy said it had comments but did not take a position, while the Public Utilities Commission, Ameresco, Hawaiian Electric, and other industry groups supported the measure, saying it would help developers secure financing for renewable projects and improve reliability. Hawaiian Electric said the bill would not use state funds and that its proposed reserve account would be held in trust and returned to customers if unused. Committee members questioned whether the reserve would raise customer costs; Hawaiian Electric said the amount would be small and would be offset by avoiding higher financing costs, while Consumer Advocacy suggested the language should be strengthened to ensure unused funds are fully returned. The committee then heard HB 338, which would clarify that premium interest-rate adjustments for non-fossil fuel generation are just and reasonable and allow the PUC to include them in rates. DCCA and the State Energy Office supported the bill, and the PUC also supported it. Hawaiian Electric opposed unless amended, arguing the PUC already has discretion and warning the bill could weaken competitive procurement by encouraging higher bids tied to the utility’s credit rating. DCCA said the concern was that developers might not seek the best financing if premium rates are recoverable, but said Hawaiian Electric’s suggested amendment requiring clear and convincing evidence of unavoidable financing-cost increases would help. Members also asked about refinancing and whether developers could later lower debt costs after locking in a premium rate; DCCA said that ability exists and suggested a time limit or review mechanism. For HB 337, which would direct the PUC to establish standards requiring utilities to remove certain fossil-fuel costs from the rate base when adding renewable resources, the Department of Hawaiian Home Lands, Hawaii Clean Power Alliance, and the State Energy Office supported the measure. Hawaiian Electric opposed it, saying it misunderstood utility cost recovery and could threaten grid reliability because fossil plants provide ancillary services such as voltage regulation and balancing, not just energy. Hawaiian Electric pointed to its integrated grid plan and recent fossil-unit retirements as evidence of ongoing transition, and asked the committee to defer the bill and leave oversight to the PUC. The committee also heard HB 879 on cesspool conversions, which would raise the maximum grant from $20,000 to $30,000 and add DOH positions; DHHL, DOH, environmental groups, Hawaii Realtors, and others supported it, while DOH discussed staffing needs and the practical effect of the higher grant cap. The committee also began HB 379 on requiring denitrification capacity for certain wastewater systems near shorelines or groundwater, with DLNR testifying in support.

Transcript Highlights:

• If you'll turn with me to page six, this is one of the other reasons for this increase in premiums: the
• that it's 8% premium increase per year, right?
• year in the premium, of which the state covers 100% of the premium for the employee and half the premium
• When you look at the 8% premium increase, I think sometimes we take for granted maybe, you know, our
• On the 8% premium increases, so that would only be seen on the dependent coverage, right, since the state

Summary: The Senate Finance Committee heard budget presentations for the Texas Historical Commission, the Pension Review Board, the Employees Retirement System (ERS), Social Security and benefit replacement pay, the Texas Emergency Services Retirement System (TESSRS), and the Cancer Prevention and Research Institute of Texas (CPRIT). The Legislative Budget Board outlined recommendations and major changes for each agency, including reductions tied to one-time projects at the Historical Commission, continued funding for courthouse grants, heritage trails, and Holocaust/genocide education, as well as new or modified riders and capital items. For the pension-related items, LBB described funding changes for PRB, ERS, Social Security, and TESSRS, including ERS health plan cost growth driven largely by pharmacy costs, the status of pension funding reforms, and TESSRS’s request for additional state support to address its unfunded liability and staffing needs. Members asked extensive questions about the Historical Commission’s one-time funding, unexpended balance authority, courthouse preservation, the Presidio La Bahia and National Museum of the Pacific War projects, and coordination of Texas history messaging across sites such as the Alamo, San Jacinto, Washington on the Brazos, and other heritage locations. The Historical Commission chair emphasized heritage tourism, economic development, and the need for continued investment in historic sites, staffing, IT modernization, and vehicles. On the pension items, senators discussed PRB oversight of local systems, including the Dallas police and fire pension situation, and ERS investment returns, benchmark comparisons, and rising health costs. ERS officials said the plan remains well funded overall, noted a 2021 cash balance reform and a planned supplemental legacy payment, and explained that GLP-1 drugs such as Ozempic and Mounjaro are a major driver of pharmacy spending; they also said the agency is working with the Texas Pharmacy Initiative and that rebates are contractually returned to ERS. For TESSRS, LBB and agency staff said the system serves volunteer and part-paid emergency personnel, is facing an infinite amortization period, and is requesting additional appropriations, staffing, and IT funding, along with a statutory change to allow an actuarially determined state contribution. The agency said it may otherwise need to cut benefits for volunteer firefighters. For CPRIT, LBB reported about $600 million in recommended funding for the biennium and a 10-FTE increase, while the agency described its $6 billion voter-approved program, $3.75 billion in grants awarded to date, and $10.4 million in revenue sharing since 2011. CPRIT’s only exceptional item was a request for a 10% salary increase for two exempt positions. No committee votes or formal actions were taken in the transcript.

Transcript Highlights:

• I mean, they were—2021, it was a 40% increase in losses. 2020, it was a 22% increase.
• was 55.3% of increases.
• they've seen this steady increase in insurance premiums.
• insurance premiums.
• Under the three-to-one premium-to-surplus ratio, the most it could have written in premiums was just

Summary: The Committee on Director Nominations met with four members present and approved the prior minutes without objection. Chair Jay Kaufman outlined the committee’s role in reviewing executive nominations and explained the hearing process for three nominees: Mary Foote for the Office of Economic Opportunity, Debbie Johnston for the Department of Health Services, and Chuck Bassett. Foote did not appear for her hearing, and members discussed her absence and alleged omissions in her disclosure materials, including prior service with Planned Parenthood-related organizations. The committee then moved to reject her nomination, and the motion passed 3-2, recommending that the full Senate reject Mary Foote. Debbie Johnston, nominee to lead the Department of Health Services, appeared and gave an opening statement describing her Arizona background, prior Senate staff work, and more than 20 years with the Arizona Hospital and Health Care Association. She said her priorities at ADHS include rebuilding trust in public health licensing, improving stakeholder engagement, standardizing rulemaking communication, addressing alleged religious discrimination and retaliation concerns in licensing, and using technology and AI to improve efficiency. In questioning, senators pressed her on her management style, conflict-of-interest safeguards given her prior industry role, enforcement priorities, budget pressures, behavioral health and assisted living oversight, and the department’s response to COVID-19. Johnston said she would follow statutes, recuse herself from enforcement matters involving former contacts, and resign if directed to carry out an unlawful policy. She also said the department does not regulate therapy itself, only facilities, and that it would rely on legal counsel regarding the governor’s conversion-therapy executive order and related federal civil-rights allegations. Several senators focused on public health trust and the department’s pandemic response, with Johnston acknowledging concerns about closures, data collection, and communication during COVID-19 while saying she would review past after-action materials and be better prepared in the future. Public testimony from stakeholders in aging services and health care strongly supported her confirmation, praising her accessibility, responsiveness, and collaborative approach. After testimony, the vice chair moved to recommend Johnston’s confirmation to the full Senate. The roll call was underway when the transcript ended, with several members voting aye and one member expressing reservations about her not reviewing the pandemic after-action report before another crisis occurs.

Transcript Highlights:

• So you have to have it, and so the problem again is the increasing premiums for homeowners insurance
• <00:14:14.880> in of soaring insurance premiums in of soaring insurance premiums in increases
• <00:14:41.040> premiums<00:14:41.480> for is the increasing premiums for is the increasing
• <01:15:27.480> increase<01:15:28.159> or health insurance premium increase or health
• insurance premium increase or spend<01:15:29.520> it<01:15:29.639> is<01:15:29.760>

Keywords: 928, house, all

Summary: The committee took up HB 297 with a non-germane amendment proposed by the Insurance Department to create the Granite State Home Mitigation and Resiliency Program. Commissioner DJ Beton explained that the program is intended to help homeowners reduce rising insurance premiums and avoid surplus lines coverage by funding proactive home and property improvements such as roof fortification, exterior and foundation work, flood protection, and tree removal. He said the proposal was developed after leadership asked for more statutory detail and for the idea to be vetted through policy committees rather than handled only in the budget process. Beton said the program would be funded by the first $1 million collected annually from the insurance premium tax, with grants of up to $10,000 awarded on a first-come, first-served basis. He described the program as modeled on similar efforts in other states, with means testing tied to the Department of Energy’s weatherization/home heating assistance criteria. He also said the department would administer the program using one existing staff position, with coordination through Treasury, and that unspent funds would roll over for several years before reverting to the general fund. Members asked about the unusual use of a non-germane amendment and how the bill would be handled procedurally, since the underlying bill and the new insurance proposal were unrelated. The chair explained that the amendment was being used as a vehicle to move the department’s proposal through the committee process and that the committee could later accept one part, both parts, or neither. No vote was taken in the portion of the meeting shown; the discussion ended with questions about administration, staffing, and the relationship between the underlying bill and the amendment.

Transcript Highlights:

• If you'll turn with me to page six, this is one of the other reasons for this increase in premiums: the
• that it's an 8% premium increase per year, right?
• year in the premium, of which the state covers 100% of the premium for the employee and half the premium
• When you look at the 8% premium increase, I think sometimes we take for granted maybe, you know, in our
• On the 8% premium increases, so that would only be seen on the dependent coverage, right, since the state

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards

Summary: The committee heard budget presentations from the Legislative Budget Board and agency officials on several agencies, starting with the Texas Historical Commission. LBB described a large biennial reduction driven mainly by the removal of one-time funding and discussed capital projects, rider changes, and exceptional items including Presidio La Bahia and the National Museum of the Pacific War. Senators asked about heritage trails, courthouse grants, unexpended balance authority, and the status of historical-site funding. Historical Commission leadership emphasized preservation, courthouse restoration, heritage tourism, coordination with the Alamo and other Texas Revolution sites, and requested additional IT, staffing, and vehicle funding. No votes were taken. The committee then reviewed the Pension Review Board and the Employees Retirement System. The Pension Review Board’s budget was largely unchanged aside from IT maintenance and salary adjustments, with an exceptional item for additional IT enhancements. Members discussed the Dallas Police and Fire Pension System’s funding dispute and the need for a workable restoration plan. ERS presented a much larger budget, including funding for the retirement system, the group benefits plan, and the legacy payment intended to reduce unfunded liability. Senators focused heavily on pension investment returns, benchmark comparisons, and rising health-care costs, especially pharmacy spending driven by GLP-1 drugs; ERS said the plan covers about 540,000 lives and that premiums would rise 8% while benefits remain unchanged. ERS also said it had no exceptional items, and committee members requested more detailed benchmark information. The committee also heard from the Texas Emergency Services Retirement System and the Cancer Prevention and Research Institute of Texas. TESSORS reported an unfunded liability, an infinite amortization period, and requested additional state support, staffing, and IT funding, including a statutory change to allow a higher contribution level; the agency warned that without more funding it may have to cut benefits. CEPRIT’s presentation covered its bond-funded cancer research and prevention portfolio, revenue-sharing from funded projects, and a request to increase salary limits for its CEO and chief scientific officer. Senators questioned CEPRIT’s accomplishments and return on investment, while CEPRIT cited screening, prevention, and research outcomes, including tens of thousands of detected cancers and precursors and hundreds of thousands of first-time screenings. The meeting ended after these presentations and questions, with no recorded committee action or vote.

Transcript Highlights:

• up on having a couple years of premiums up on having a couple years of premiums hopefully<00:32:
• I mean, I think the premium, if I remember right, there was like a $5 million coverage and the premium
• In that data, was there any correlation to premiums, an effect on premiums with better materials?
• <00:48:50.720> Was premiums with better materials? Was premiums with better materials?
• But premiums have gone down, and there's incentive programs to do it to offset some of the cost increases

Keywords: 919, house, all

Summary: The task force approved the minutes from the previous meeting and then reviewed the structure and statutory requirements for its final report. Staff explained that the report must go to the commissioners of commerce, housing finance, and economic development, as well as relevant legislative leaders, and must include a summary of task force activities, adopted findings and recommendations, tort reform recommendations to reduce insurance costs, any draft legislation, and other necessary information. A draft report, likely excluding recommendations and draft legislation, is expected to be circulated before the first January meeting. Most of the meeting focused on the Fair Plan and whether it could be expanded to help homeowners associations, affordable housing, and common interest communities that are struggling to obtain coverage. Supporters said these groups are facing availability problems and often end up in the surplus lines market, which lacks the consumer protections of the admitted market. They argued the Fair Plan could serve as a third-market option with stronger protections and better access, especially for properties that are having difficulty getting quotes. Several members and witnesses raised concerns that the Fair Plan was never intended to be a broad affordability solution and warned against using it to artificially lower prices below risk-based levels. They said doing so could shift losses onto other policyholders through assessments and potentially weaken the broader insurance market. The Fair Plan administrator explained that any expansion would require substantial research, staffing, actuarial and underwriting expertise, reinsurance planning, IT changes, and likely assessments or other capitalization decisions, and that the plan would need to focus on a limited subset of properties rather than the entire market. No votes were taken on policy recommendations, and the discussion ended with agreement that more information and scoping work are needed before any formal recommendation is made.

Transcript Highlights:

• For-profit businesses are exploiting the health care system to increase their own wealth, and employees
• care system to increase their own wealth<00:04:19.199> and<00:04:19.519> employees<00:
• A premium increase of 22% in a single year. Family premiums cited at $1,000 a month.
• Family premiums 22% in a single year.
• Family premiums cited<00:04:42.400> at<00:04:42.800> $1,000<00:04:43.680> a<00:04

Keywords: 1183, house

Transcript Highlights:

• We've increased salaries. We've increased insurance.
• Right now, that number is just based on the premium, the cost to increase to the district over what we
• The increase of 1% for them would have actually been a pay decrease because their premiums for health
• Rather than a pay increase based on just the increase of health insurance cost.
• One is the 80/20 increase, that where you required employers to cover a larger share of premiums, and

Transcript Highlights:

• insurance costs, impacting jobs, decreasing supply, and increasing the overall cost of housing.
• And just to help you understand the premiums for a minimum wage worker here would be $102 a year.
• They’d be paying $10,000 or more for the same average employee rather than paying a premium.
• They’d be paying $10,000 or more for the same average employee rather than paying a premium.
• But for us, it would likely be cheaper, increased savings.

Keywords: 910, house, all

Summary: The Consumer Protection and Commerce Committee met on February 12 and heard several bills. HB 97, relating to travel insurance, drew only brief testimony: the Insurance Division stood on written testimony, one industry witness supported the bill and requested a minor amendment, and no one else testified or asked questions. HB 226, relating to window tinting, received support from the Department of Transportation, while the Honolulu Police Department offered comments on the proposed amendments, asking for clearer language on what it means to roll windows down, when the requirement applies, how it handles bad weather, and what sanctions would apply for noncompliance. No further testimony was offered on that measure. The committee also heard HB 1179, relating to rural emergency hospitals. The Department of Human Services stood on written testimony, and Maui Health Systems strongly supported the bill, saying it would help critical access hospitals better serve kūpuna and provide long-term care beds. There were no questions or additional testimony. HB 420, relating to remedies and the contractor repair act, generated extensive and sharply divided testimony. Opponents, including attorneys representing homeowners and AARP Hawaii, argued the bill was anti-consumer, would weaken homeowners’ ability to recover for construction defects, and would shift costs and risk to consumers. Supporters, including builders, realtors, the Chamber of Commerce, and D.R. Horton Hawaii, said the bill would create a more balanced and efficient process, reduce unnecessary litigation, and help builders address legitimate defects more quickly. Testimony on HB 420 focused heavily on whether the contractor repair process and class actions help or hinder repairs. Opponents said the bill would delay or limit homeowner recovery, especially for life and safety defects, while supporters said current class-action litigation can prevent direct communication with homeowners and slow repairs. Committee members asked questions about when communication with homeowners stops and whether repairs could be made before a class is certified. No votes or final committee actions were taken during the portion of the meeting provided.

Transcript Highlights:

• These products are not FDA approved and have raised alarms due to an increase in poison control calls
• With me here to... ...and have raised alarms due to an increase in poison control calls.
• in poison control calls with me here to and have raised alarms due to an increase in poison control
• We believe allowing substitution by a pharmacist for biosimilars increases risk to our patients.
• We believe allowing substitution by a pharmacist for biosimilars increases risk to our patients.

Keywords: 988, house, all

Transcript Highlights:

• We have seen an increase in those types of complaints.
• The impact to the consumer is estimated at $40,000 or $700 in increased premium payments.
• They don't pay their premium. Their policy canceled.
• Those very concerned about fraud increased from 30% to 37%.
• Those very concerned about fraud increased from 30% to 37%.

Keywords: 1204, all

Transcript Highlights:

• That insurance premium right now is $7 a month per employee. There is a trust fund.
• When that trust fund falls below a certain amount, those premiums are supposed to go up.
• Those premiums went up in 2000, or should have gone up in 2009, 2010, 2011.
• We're not going to raise premiums. We're going to eliminate eligibility.
• Your constituents are, because when they buy something online, that was a tax increase.

Summary: The committee took up eight bills and memorials and reported each favorably. It first passed HM 4063, a memorial urging Congress to lay the groundwork for a federal sovereign wealth fund. Sponsor Rep. Anderson described it as a long-term economic security measure, while several members questioned how such a fund would be structured, governed, and balanced against paying down debt. Ranking member Hunschofsky and Rep. Spencer raised concerns about transparency, market disruption, and the lack of specific parameters. The memorial passed on a recorded vote. The committee then approved CS/HB 139, allowing pawnbrokers to use digital transaction forms, with SMG testifying in support as a modernization and pro-business change. It also adopted an amendment and passed HB 1157, which tightens reemployment assistance requirements by adding work-search, interview, identity, immigration, and availability checks; the amendment added protection for missed interviews due to emergencies and removed an email reporting requirement. The Florida AFL-CIO and Florida Center for Fiscal and Economic Policy opposed the bill, arguing Florida’s unemployment system is already overly restrictive and that the proposal would further limit access to benefits, while supporters said it would ensure claimants are actively seeking work and verify eligibility. Members also passed CS/HB 497 to create nonprofit agricultural organization medical benefit plans for farmers and ranchers, with support from Americans for Prosperity, the Florida Hospital Association, and the Farm Bureau; CS/HB 729 to authorize veterinary professional associates to perform limited duties under veterinarian supervision, with testimony from veterinarians and advocates citing access and workforce shortages; and HB 311, a right-to-repair bill for motorized wheelchairs, which drew strong support from disability advocates who described long repair delays, high costs, and the impact on independence and health. Rep. Tramont praised the wheelchair repair bill during debate, and the committee voted it favorably. Finally, the committee passed CS/HB 1549, an Office of Financial Regulation agency bill intended to help regulate financial institutions more efficiently, and CS/HB 715, which allows licensed roofing contractors to perform roof-to-wall connections during reroof or repair projects and extends the emergency cancellation window to 180 days after a declared emergency. HB 715 was amended to require a contract notice advising property owners to verify insurance coverage before signing when the work is tied to an insurance claim. Roofing industry groups and home inspection representatives supported the measure as a way to reduce costs and improve wind mitigation. At the end of the meeting, the chair announced the agenda was complete and the committee rose.