Transcript Highlights:

• Restructure Section 1A to a... ...except for a couple of small changes.
• It restructures Section 1A to improve clarity, and it adds a provision that the act shall apply retroactively

Summary: The Committee on Regulated Industries heard and voted on several bills. SB 986 would prohibit smoking or vaping marijuana in public places and also restrict smoking in rooms and bars; the sponsor said it is intended to protect public health and outdoor spaces, while the Florida Restaurant and Lodging Association supported the goal but raised concerns about impacts on designated smoking areas, and cannabis advocates warned about unintended effects on patients and property rights. The committee reported SB 986 favorably. The committee also passed SB 678, which restores statutory authority for DBPR’s long-standing rule allowing alcohol distributors to deduct unsellable alcohol from monthly excise taxes; a strike-all amendment was adopted, including retroactive application to January 1, 2025, and the bill was reported favorably. SB 800, which increases penalties for repeat unlicensed engineering practice and creates an engineering student loan assistance program for engineers working for state agencies and water management districts, was amended and reported favorably as well. Members then considered SB 408 on vaccine advertising and liability. The sponsor argued the bill would address declining public trust in vaccines by allowing claims against manufacturers that advertise in Florida, while opponents said the measure is preempted by federal law, raises First Amendment concerns, and would create unnecessary litigation. After extensive testimony and debate, the committee reported SB 408 favorably. The committee also heard SB 484 on data centers, which would set PSC tariff requirements so large load customers pay their own costs, preserve local planning authority, and limit water permits for large data centers; testimony was mixed, with supporters emphasizing ratepayer protections and economic benefits and critics warning about overregulation and confidentiality limits. The bill was reported favorably. Finally, the committee approved SB 1118, which creates a time-limited public records exemption for certain data center development information held by local governments, after the sponsor said it was meant to prevent extended NDAs while still allowing local notice and input. SB 1050, requiring veterinarians to provide written prescriptions so pet owners can choose their pharmacy, was also reported favorably. The meeting ended after several members recorded votes on bills they had missed.

Transcript Highlights:

• On line 65, there's a $100,000 per biennium increase for student loan debt counseling grants.
• to note upfront is that, in addition to changes to the appropriations, the A4 also proposes a restructuring
• 19.919> a appropriations, the A4 also proposes a appropriations, the A4 also proposes a restructuring
• greatest impact, helping low-income students at public colleges afford school and graduate with less debt

Keywords: 1187, senate, all

Transcript Highlights:

• example, that bets have been taken over by hedge funds in some cases, and that systematically restructures
• example, that vets have been taken over by hedge funds in some cases, and that systematically restructures
• example, that vets have been taken over by hedge funds in some cases, and that systematically restructures
• example, that vets have been taken over by hedge funds in some cases, and that systematically restructures
• example, that vets have been taken over by hedge funds in some cases, and that systematically restructures

Keywords: 912, senate, all

Summary: The meeting covered several Senate resolutions related to the University of Hawaiʻi system, the East-West Center, and related education and workforce issues. On SCR 178 and SR 48, testifiers strongly supported the East-West Center, describing it as an important Hawaii asset that promotes cultural exchange, global citizenship, diplomacy, and ties to the University of Hawaiʻi. Speakers said the Center has helped train leaders and bring international connections and investment to Hawaii, and they urged continued funding despite federal cuts. The chairs then recommended passage with technical amendments, and both resolutions were adopted by the committees. The committee also heard testimony on resolutions calling for audits of University of Hawaiʻi operations. On SR 32 and SCR 50, the University of Hawaiʻi said it supported the resolution and had already begun work on establishing a Bachelor of Science in nursing at the UH Maui campus, with additional staff available on Zoom to answer questions. On SR 160 and SCR 142, which sought a financial and performance audit of UH Mānoa facilities, UH Athletics said it already undergoes annual financial audits required by NCAA bylaws but not performance audits, and discussed its internal evaluations, contingency planning, and efforts to address concerns raised by student athletes and staff. The committee then took up SCR 138 and SR 55, requesting a management and performance audit of the UH Office of the Vice President for Academic Strategy. Vice President Deborah Halbert and P20 Director Steve Shotz said they did not oppose the audit and believed it could provide clarity, while explaining that the office is relatively new and works collaboratively across campuses on articulation, transfer, grants, and workforce alignment. They described grant programs including Perkins, GEAR UP, preschool development, and data-sharing efforts, and said they are focusing more resources on teaching, health care, and skilled trades. The discussion also touched on SR 54, a proposed performance audit of the UH Foundation, where foundation representatives said they already undergo annual financial audits, acknowledged some donor communication issues, but emphasized improved stewardship and growth in fundraising over recent years.

Bills: HB2246, HB2119, HB1929, HB1953, HB1572, HB2549, HB2594, HB2551, HB2595, HB2548, HB2459, HB1931, HB1604, HB1616, HB1736, HB2233, HB2241, HB1891, HB1803, HB2567, HB2534, HB2399, HB2172, HB1595, HB1811, HB2168, HB1780, HB1781, HB1785, HB2122, HB2012, HB2398, HB1779, HB2296, HB1894, HB1925, HB2019, HB1896, HB2294, HB2298, HB2300, HB2344, HB2345, HB2391, HB2037, HB2201, HB1941, HB1635, HB1943, HB2325, HB1926, HB2490, HB1710, HB2545, HB1976, HB2173, HB1804, HB1563, HB2015, HB1619, HB2475, HB1889, HB2367, HB2187, HB1765, HB1452, HB2231, HB1700, HB1705, HB1626, HB1897, HB1642, HB1523, HB2593, HB815, HB1655, HB1596, HB1732, HB1842, HB2476, HB2478, HB2022, HB1588, HB2575, HB1163, HB2153, HB772, HB1519, HB2050, HB2309, HB2147, HB2329, HB2274, HB2280, HB2547, HB2275, HB2452, HB2306, HB2148, HB2088, HB1764, HB2438, HB2117, HB1860, HB2604, HB2118, HB2017, HB2155, HB1832, HB2216, HB1601, HB1934, HB2297, HB2397, HB1893, HB2533, HB1890, HB2454, HB2004, HB2427, HB2207, HB1810, HB1840, HB1644, HB1645, HB1946, HB1648, HB2324, HB2323, HB1509, HB1514, HB1515, HB2164, HB2165, HB2283, HB1691, HB2386, HB2423, HB2121, HB1984, HB1593, HB1671, HB2619, HB1481, HB2314, HB2319, HB1643, HB2558, HB1864, HB1898, HB2214, HB2167, HB2488, HB2009, HB2007, HB322, HB1964, HB2218, HB2616, HB1535, HB1574, HB1977, HB2054, HB2046, HB146, HB2094, HB2181, HB2250, HB2515, HB2444, HB2385, HB1740, HB1724, HB1733, HB1799, HB1725, HB2049, HB2161, HB1970, HB2519, HB1790, HB2416, HB1873, HB2001, HB2151, HB1603, HB1880, HB1753, HB2198, HB1511, HB1991, HB2546, HB1615, HB1939, HB2140, HB2429, HB1870, HB1850, HB1782, HB2137

Keywords: agriculture, federal grants, Hawaii, grant administration, revolving fund, department of agriculture and biosecurity, grant compliance, financial support, coffee, pest control, subsidy program, coffee berry borer, coffee leaf rust, economy, biosecurity, invasive species, Molokai, advisory board, quarantine, environmental protection

Transcript Highlights:

• When I had a conversation with BNF last session, they did confirm that debt service on a hundred million
• :44.560> that last session, um they did confirm that last session, um they did confirm that debt
• 46.000> a<00:46:46.160> hund00<00:46:46.560> million<00:46:47.680> bond debt
• services on a hund00 million bond debt services on a hund00 million bond um<00:46:49.119> is<

Bills: HB2246, HB2119, HB1929, HB1953, HB1572, HB2549, HB2594, HB2551, HB2595, HB2548, HB2459, HB1931, HB1604, HB1616, HB1736, HB2233, HB2241, HB1891, HB1803, HB2567, HB2534, HB2399, HB2172, HB1595, HB1811, HB2168, HB1780, HB1781, HB1785, HB2122, HB2012, HB2398, HB1779, HB2296, HB1894, HB1925, HB2019, HB1896, HB2294, HB2298, HB2300, HB2344, HB2345, HB2391, HB2037, HB2201, HB1941, HB1635, HB1943, HB2325, HB1926, HB2490, HB1710, HB2545, HB1976, HB2173, HB1804, HB1563, HB2015, HB1619, HB2475, HB1889, HB2367, HB2187, HB1765, HB1452, HB2231, HB1700, HB1705, HB1626, HB1897, HB1642, HB1523, HB2593, HB815, HB1655, HB1596, HB1732, HB1842, HB2476, HB2478, HB2022, HB1588, HB2575, HB1163, HB2153, HB772, HB1519, HB2050, HB2309, HB2147, HB2329, HB2274, HB2280, HB2547, HB2275, HB2452, HB2306, HB2148, HB2088, HB1764, HB2438, HB2117, HB1860, HB2604, HB2118, HB2017, HB2155, HB1832, HB2216, HB1601, HB1934, HB2297, HB2397, HB1893, HB2533, HB1890, HB2454, HB2004, HB2427, HB2207, HB1810, HB1840, HB1644, HB1645, HB1946, HB1648, HB2324, HB2323, HB1509, HB1514, HB1515, HB2164, HB2165, HB2283, HB1691, HB2386, HB2423, HB2121, HB1984, HB1593, HB1671, HB2619, HB1481, HB2314, HB2319, HB1643, HB2558, HB1864, HB1898, HB2214, HB2167, HB2488, HB2009, HB2007, HB322, HB1964, HB2218, HB2616, HB1535, HB1574, HB1977, HB2054, HB2046, HB146, HB2094, HB2181, HB2250, HB2515, HB2444, HB2385, HB1740, HB1724, HB1733, HB1799, HB1725, HB2049, HB2161, HB1970, HB2519, HB1790, HB2416, HB1873, HB2001, HB2151, HB1603, HB1880, HB1753, HB2198, HB1511, HB1991, HB2546, HB1615, HB1939, HB2140, HB2429, HB1870, HB1850, HB1782, HB2137

Keywords: agriculture, federal grants, Hawaii, grant administration, revolving fund, department of agriculture and biosecurity, grant compliance, financial support, coffee, pest control, subsidy program, coffee berry borer, coffee leaf rust, economy, biosecurity, invasive species, Molokai, advisory board, quarantine, environmental protection

Transcript Highlights:

• particulars of that restructuring. >> Yeah, I don't know as every board signs off on it.
• But doesn't sound like any of the boards are objecting to the proposed reworking and restructuring. >
• But it doesn't sound like any of the boards are objecting to the proposed reworking and restructuring
• reworking and restructuring. reworking and restructuring.
• <02:14:25.119> the largely because we have restructured the largely because we have restructured

Keywords: 928, house, all

Summary: The subcommittee first took up House Bill 525, which would have transferred administration of the program for the deaf and hard of hearing and the related board to OPLC. The chair said the sponsor was no longer interested in moving forward, and Representative Schmidt moved ITL. The motion passed 14-0 with two members absent, and the bill was placed on the consent calendar. The committee then considered Senate Bill 182 on the maternal mortality review committee. The chair described a narrower amendment that would keep the name change, clarify operations so recommendations are returned to the appropriate entities, and expand contact with family members and close contacts, while dropping a proposed addition of a Department of Corrections member. The amendment was adopted unanimously, and the bill was then moved ITL and placed on the consent calendar. Senate Bill 185, dealing with OPLC investigations and backlog reduction, received an update from OPLC General Counsel Nicholas Fry. He described efforts to improve public communication, clear the complaint backlog, standardize intake and expert review, add automated responses and website updates, use weekly legal-viability reviews, create preliminary investigation protocols, and establish a process for law-enforcement referrals. Members asked about board involvement and criminal-conviction cases; Fry said boards are kept informed and that such matters can proceed either through complaints or application/background-check processes. Representative Groa requested a follow-up update in January, and the committee agreed to an oral report then if needed. The bill was then voted ITL unanimously and placed on the consent calendar. Finally, the committee heard House Bill 349 on optometrists performing ophthalmologic laser procedures. Dr. Angelique Sawyer testified in support, saying the amendment adds more specific proctoring and qualification requirements, based on language requested after earlier hearings, and that similar systems exist in other states. Representative Sers confirmed that the new sections were the key additions, while Representative Schmidt said he remained open to the concept but wanted a thorough review and asked about a subcommittee. The discussion was still ongoing when the transcript ended, with no vote recorded on HB 349.

Transcript Highlights:

• adjusters, who negotiate debt payments on behalf of consumers.
• adjusters, who negotiate debt payments on behalf of consumers.
• on<01:31:46.800> behalf who negotiate um debt payments on behalf who negotiate um debt payments
• That is what happens to debt, you know, joint debt, or how is that held, modifying your governmental
• <04:38:41.000> or happens to debt you know joint debt or happens to debt you know joint debt

Keywords: 928, house, all

Summary: The meeting began with introductory remarks for new and returning members of the House Commerce Committee, led by Chairman John Hunt. Members briefly introduced themselves and their backgrounds, and several noted the committee’s bipartisan, collegial tone. Hunt explained the committee’s structure and traditions, including the division into three subcommittees: banking and business, consumer protection, and liquor commission matters, with insurance now handled as a single area. He also reviewed basic hearing procedures, including decorum, questions for information only, and the committee’s practice of moving bills through subcommittees before full committee executive sessions. The committee then heard an overview from the New Hampshire Insurance Department, led by Commissioner DJ Bettencourt and staff. The department described its mission as promoting a safe and competitive insurance marketplace and emphasized consumer protection, market competition, and affordability. Officials outlined the department’s responsibilities, including licensing insurers, producers, adjusters, and TPAs; reviewing insurance forms; regulating companies and market conduct; overseeing financial solvency; and investigating insurance fraud. They also noted that the department is self-funded through assessments on insurers, collects premium taxes and fees for the state, and returned more than $2.7 million to companies in fiscal year 2024 due to underspending. The presentation also covered the broader regulatory framework for insurance, including the role of the National Association of Insurance Commissioners in promoting uniform standards across states and territories. Officials said New Hampshire licenses about 1,200 insurance companies and roughly 245,000 producers and adjusters, and that the department’s financial examinations are part of an accreditation system used nationwide. No votes or formal committee actions were taken in the portion provided; the session was primarily organizational and informational, with the insurance department presentation beginning the committee’s substantive work for the term.

Transcript Highlights:

• Now with the restructure, we've stood up Service Oklahoma and they're the ones currently accepting those

Bills: SB1239, SB1732

Keywords: Service Oklahoma, apportionment, state revenue, funding, vehicle registration, professional licensing, licensing fees, home inspection, home inspector, Construction Industries Board, CIB, contractor license, journeyman license, apprentice registration, alarm endorsement, code inspector, electrical license, plumbing license, mechanical license, permit fees

Transcript Highlights:

• and seller-assisted, tax-exempt or taxable improvement, and a livestock expansion, as well as our restructure
• and seller-assisted, tax-exempt or taxable improvement, and a livestock expansion, as well as our restructure
• and seller-assisted, tax-exempt or taxable improvement, and a livestock expansion, as well as our restructure
• and seller-assisted, tax-exempt or taxable improvement, and a livestock expansion, as well as our restructure
• and seller-assisted, tax-exempt or taxable improvement, and a livestock expansion, as well as our restructure

Keywords: 1183, house

Transcript Highlights:

• He said the restructuring of the conveyance tax is a good thing, but they are not fans of tax earmarks
• 00:39:58.760> think<00:39:59.000> that<00:39:59.119> the<00:39:59.240> restructuring
• <00:39:59.839> of we we do think that the restructuring of we we do think that the restructuring
• :11.880> of Tom Yamachika from the Tax Foundation of Hawaii said, “We do think that the restructuring

Keywords: 910, house, all

Summary: The committee on Water and Land met on February 13, 2025, and heard testimony on a series of housing, land, and resource bills. Early bills included HB 743 on fiscal sustainability, HB 1318 on affordable housing, and HB 1409 on the Transit-Oriented Development Infrastructure Improvement District Board. Testimony on the housing measures was largely supportive from agencies and advocacy groups such as the Office of Planning, Hawaii Housing Future, Hawaii Appleseed, Catholic Charities, and the County of Kauai, while the Department of Land and Natural Resources (DLNR) raised concerns on HB 1318 about public trust duties for ceded lands. On HB 1409, members questioned whether the bill needed updating in light of a separate bill changing the board structure, and witnesses said the measure did not change funding but only the board’s mission and scope. The committee also heard HB 1410, which would create a supportive housing special fund. Supporters, including Catholic Charities, the Hawaii State Council on Developmental Disabilities, and Hawaii Appleseed, argued that predictable dedicated funding is needed for supportive housing, social services, and long-term homelessness solutions. The Tax Foundation of Hawaii opposed tax earmarks in general, saying they subvert the constitutional budgeting process. Members asked how the fund would be administered and who could access it; witnesses said HHFDC and the counties would coordinate the process, but DLNR noted the bill did not provide additional administrative capacity and suggested language to address that. Later bills included HB 528 on residential leaseholds, HB 1359 on flood mitigation, HB 1087 on historic preservation reviews, HB 868 on disabilities, and HB 1323 on transfer of non-agricultural park lands. HB 528 drew limited testimony, with a Catholic Charities/Hawaii Public Housing Authority representative offering a general example of leasehold development but saying the bill’s exemptions had not been discussed in detail. HB 1359 prompted discussion of homeowner and county responsibilities for drainage and flood damage, with DLNR saying private owners are responsible for drainage on private property and counties for county roads. HB 1087 was supported by DHHL, which said historic preservation reviews currently take about 165 days and the bill could improve timeliness, while Hawaii Historic Hawaii Foundation opposed it. HB 868 drew support from the Disability Rights Center and DCAB, with testimony focusing on beach access and the need for clearer legal authority. On HB 1323, DLNR opposed the bill, saying it did not reflect Act 90 and that some agricultural parcels should remain under DLNR for conservation, watershed, recreation, or fire protection reasons; DOA, Hawaii Farm Bureau, and Hawaii Cattlemen’s Council supported the measure, arguing that productive agricultural lands should be transferred to agriculture to protect local food production and family ranches.

Transcript Highlights:

• It's just a start of a restructure for one of our primary industries that we've identified for the state
• It's just a start of a restructure for one of our primary industries that we've identified for the state
• <00:55:49.960> start<00:55:50.480> of<00:55:50.720> a<00:55:50.880> restructure
• it's just it's a start of a restructure it's just it's a start of a restructure for<00:55:52.440

Keywords: 912, senate, all

Summary: The joint Senate hearing covered Senate Bill 1536 and Senate Bill 1571. SB 1536 concerned the Hawaii Tourism Authority’s CEO position and whether the exemption from retirement benefits should be changed. Testimony and committee discussion focused on the estimated cost, the current budgeted amount, whether the change would make the position more competitive, and whether alternatives such as a portable retirement plan had been considered. The witness said the proposal came from HTA’s legislative committee and that the position’s salary and benefits would still likely fit within the budgeted amount. No vote was taken on SB 1536 during the excerpted discussion. The hearing then moved to SB 1571, relating to tourism. Debed and HTA representatives said they supported the bill in written testimony, but HTA’s witness said the measure had not been discussed or voted on by the full board and recommended deferring action until the board could clarify its position. Several members of the public testified both in support and opposition. Opponents raised concerns about changing “Hawaiian sense of place” to “Hawaii sense of place,” warning it could weaken protections for Hawaiian culture and invite broader interpretations that might affect places like the Hawaii Convention Center. Others opposed a provision removing a two-year waiting period for HBCB board members before serving on the HTA board, citing conflict-of-interest concerns. Committee discussion centered on the meaning and practical effect of the bill’s language, especially the distinction between “Hawaiian” and “Hawaii,” the scope of HTA’s tourism and destination-management role, and whether translation and language policy were being applied too broadly or too narrowly. Some members argued the bill could help preserve Hawaiian culture and place, while others worried about exclusionary interpretations, costs, and whether resources would be better spent on programs rather than expanded translation. The hearing ended with the chair announcing a short break and moving toward decision-making, but no final action on the bill was shown in the excerpt.

Transcript Highlights:

• billions of the state to and why we are billions of dollars<01:41:46.159> in<01:41:46.400> debt
• the<01:41:47.840> why<01:41:48.159> the<01:41:48.400> economy dollars in debt
• . why the why the economy dollars in debt. why the why the economy is<01:41:49.040> faltering,
• Now, to be fair, their conversation was more about governance and how to restructure their board to make
• <03:29:40.560> their governance and how to restructure their governance and how to restructure

Keywords: 981, all

Summary: The House convened, established a quorum, and approved the journal from February 4, 2026. Members then took up resolutions out of order, including Senate Joint Resolution 9 recognizing Missing Persons Day. Supporters described the scale of missing-person cases in Colorado and nationally, emphasized the role of families, law enforcement, and the public, and noted the importance of prompt investigations and technology. The resolution was adopted on a 58-0 vote, with seven excused. The chamber then moved to special orders and considered House Bill 1041, concerning electronic vehicle records and electronic certificates of title. The committee report was adopted after an amendment clarifying that any party to a vehicle transaction may request a paper or electronic title. Supporters said the bill would reduce delays, costs, and administrative burdens while preserving ownership and lienholder protections and keeping paper titles available as the default. The bill passed the House unanimously. Finally, the House began consideration of House Bill 1038 on county commissioner redistricting. The sponsor outlined seven committee amendments addressing county commissioner authority, outdated hearing references, competitiveness language, legislative declaration wording, elector standing to challenge maps, a correction to the competitiveness formula, and a bill-number fix. Debate then focused on amendment L10, which would remove the word “integrity” from the short title; supporters said the term could imply wrongdoing, while opponents wanted to keep it. L10 failed on a voice vote. Members then moved to amendment L8, which would carve out smaller counties from the bill’s redistricting requirements; discussion began, but the transcript cuts off before a final vote on that amendment or the bill itself.

Transcript Highlights:

• as broad a perspective as we can, to provide them an opportunity and then work together toward restructuring
• On that figure that you talked about, the $16,000, does that include bond debt?
• We were forced to lay off teachers, reduce spending, deplete our cash reserves, and restructure our debt
• in the mid-90s right about the time of the Leeper decision: no surplus, but a close to $40 billion debt

Summary: The Senate Committee on Education K-16 convened with a quorum, adopted its committee rules, and heard opening remarks from members introducing staff and outlining priorities for the session. Members from both parties emphasized education as a major issue, while several Republicans framed the committee’s work around school choice and parent empowerment. Senator West and other Democrats stressed protecting public schools, listening to Texans, and considering the effects of vouchers or education savings accounts on school districts and communities. Chairman Creighton laid out Senate Bill 2, the Texas Education Freedom Act, describing it as a universal education savings account program modeled on similar programs in other states. He said the bill would provide about $200 million for a universal eligibility pool and additional funding for students with disabilities and lower-income families, with priority weighting for former public school students. He also highlighted anti-fraud measures, vendor pre-approval, criminal background checks, cybersecurity protections, annual testing requirements for participating students, and the use of the Comptroller rather than TEA to administer the program. Creighton repeatedly said the bill is not a voucher and argued it would not take money from public schools, which he said would receive separate historic funding increases. Members questioned Creighton about the 500% of federal poverty line definition, the adequacy of the $10,000 ESA amount, whether the program would favor students already in private school, how microschools and homeschool pods would fit, and whether the bill protects religious liberty and private-school autonomy. Democrats raised concerns about disability protections, 504 students, foster children, public-school funding, open records, and the historical context of vouchers. Republicans generally supported the bill as a way to expand options for parents and students, while also asking about administration, fraud prevention, and data security. After member questions, the committee began invited testimony, with EdChoice President Robert Inlow presenting in support of SB 2 and citing the growth and reported success of school choice programs nationwide.

Transcript Highlights:

• There's been cries for accountability, restructuring of school districts because 10% is too high.
• There's been cries for accountability, restructuring of school districts because 10% is too high.
• There's been cries for accountability, restructuring of school districts because 10% is too high.
• There's been cries for accountability, restructuring of school districts because 10% is too high.
• There's been cries for accountability, restructuring of school districts because 10% is too high.

Keywords: 1191, senate, all

Transcript Highlights:

• I just really appreciate your proactive, you know, using not only the automation, but actually restructuring
• I just really appreciate your proactive, you know, using not only the automation, but actually restructuring
• I just really appreciate your proactive, you know, using not only the automation, but actually restructuring
• > and<01:26:01.760> and<01:26:02.040> making<01:26:02.480> yourselves restructuring
• and and making yourselves restructuring and and making yourselves much<01:26:03.480> more<01:

Keywords: 912, senate, all

Summary: The Senate Committee on Government Operations held an informational briefing with the State Procurement Office on its small business procurement program. SPO staff described the program’s purpose as expanding access to state contracting for small businesses, including veteran-, Native Hawaiian-, and women-owned firms, and said they are seeking to make the current five-year initiative permanent before it ends in June 2027. They reported outreach efforts, a new website and newsletter, statewide surveys, draft administrative rules, and a 38% increase in small business registrations in the HANS database. They also explained that the program is intended to support outreach, education, certification, compliance, and a statewide database to connect agencies with qualified small businesses. Committee members focused heavily on whether the program is producing measurable contract awards, not just registrations. The chair and senators questioned the definition of “small business,” noting that SPO currently relies on SBA standards in HANS and is considering a Hawaii-specific definition based on employees, revenue, and Hawaii residency. Members raised concerns that the data showed only a small number of registered businesses receiving awards and that the database does not yet track awards well enough to evaluate performance. SPO responded that the database has had funding gaps, that the position was only filled in February 2025, and that the agency is still building the system and rules needed to track outcomes accurately. A major theme was how to make the program more effective for very small or “micro” businesses and how to reduce the complexity of state procurement. Members discussed the difference between set-asides and bid preferences, with SPO explaining that set-asides are generally tied to RFPs and preferences to IFBs. The committee suggested that future rules should make participation easier, provide more training and hand-holding, and possibly create pathways for micro businesses or groups of small businesses to bid together. No votes or formal actions were taken; the briefing ended with the committee asking SPO to provide more performance data and clearer information on outreach results and database contents.

Transcript Highlights:

• internal transfers of appropriated funds between programs to align with recent internal fiscal restructuring

Transcript Highlights:

• The first request is for a restructure of administrative support.
• The first request is for a restructure of administrative support.
• a restructure of administrative support. a restructure of administrative support.
• <01:05:53.520> for administrative support restructure for administrative support restructure
• Uh, again, this is the administrative support restructure.

Keywords: 916, all

Transcript Highlights:

• [clears throat] I think Senator Ann Johnson Stewart talked a little bit about restructuring of the system
• Next week we are planning to do a hearing on appropriation bonds and other various debt instruments that
• Next week we are planning to do a hearing on appropriation bonds and other various debt instruments that
• 08.800> various appropriation bonds and other various appropriation bonds and other various debt
• 10.120> that<01:27:10.240> are<01:27:10.360> not<01:27:11.240> general debt

Keywords: 1187, senate, all

Transcript Highlights:

• Stable coins have the potential to address the U.S. debt concerns.
• The Treasury needs buyers of that debt.
• So it's important to have buyers of that debt.
• And fiat-backed stable coins already represent a top 10 holder of U.S. debt in aggregate.
• finding new buyers for US debt. finding new buyers for US debt. um<01:43:05.119> is<01:43

Keywords: 1189, house, all

Summary: The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken. The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading. Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.

Transcript Highlights:

• , whether that's discontinuation in some form, ...whether that's discontinuation in some form, restructuring
• They said they couldn't—wow, I went into debt for the first time, and this generation doesn't like to
• go into debt.

Keywords: 908, all