Transcript Highlights:

• Fraud is ever evolving and hard to detect, especially when it comes to mortgage and real estate fraud
• Some common mortgage and real estate scams impacting Arkansas and Arkansans: we've already talked about
• So in summary, why this matters: mortgage and real estate fraud is a consumer protection issue that is
• But until public records, until real estate filings, as an example, are no longer public and accessible

Summary: A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members and witnesses describing scams targeting seniors, small businesses, and working families. The committee first approved the November 3, 2025 minutes, then heard from the Arkansas Bankers Association, the American Bankers Association, banks, the Attorney General’s Consumer Protection Division, the Arkansas Mortgage Bankers Association, the State Bank and Securities Department, the Insurance Department, and AARP. Witnesses described common schemes including spoofed bank calls and texts, government imposter scams, romance and investment scams, business email compromise, fake job postings, gift card scams, check fraud, wire fraud, reverse mortgage scams, identity theft, and insurance fraud. Several witnesses emphasized that cryptocurrency kiosks and crypto transfers make recovery difficult or impossible, and that artificial intelligence is making scams more convincing and scalable. Witnesses repeatedly stressed education, verification, and coordination among banks, law enforcement, regulators, and consumers. Bank and mortgage representatives urged consumers to slow down, independently verify wire instructions, avoid clicking unexpected links, use tap-to-pay rather than chip or swipe when possible, and never share account credentials or one-time codes. The Attorney General’s office said it investigates consumer complaints, mediates disputes, works with social media platforms to remove scam ads, and recently created a Financial Fraud Task Force with bankers and other stakeholders. The State Bank and Securities Commissioner highlighted the Safe AR Act, the state’s crypto kiosk framework, and fraud education efforts such as “fraud bingo,” while the Insurance Department described its law-enforcement role and a range of insurance-related fraud schemes it prosecutes. AARP said fraud is widespread and underreported, especially among older adults. Members asked about reporting scams, how losses are handled, whether tap is safer than chip, how crypto fraud works, whether Arkansas has model legislation to address telecom and social media impersonation, and how local law enforcement and state agencies coordinate investigations. Witnesses said banks generally absorb much of the financial loss under federal rules, while consumers bear the inconvenience and account changes. Several witnesses said Arkansas should consider additional legislation to hold telecom companies and social media platforms accountable for spoofed caller IDs and impersonation ads, and one witness said a federal Scam Act is moving in Congress. No additional votes or formal actions were taken beyond approval of the minutes, but witnesses agreed to share consumer education materials and model legislation with committee staff.

Transcript Highlights:

• reports House Bill 50 should pass, an act relating to the removal of persons unlawfully occupying real estate
• /c><00:07:06.880> real persons unlawfully occupying real persons unlawfully occupying real estate
• :08.319> 249<00:07:09.039> should<00:07:09.280> pass<00:07:09.520> an estate
• House Bill 249 should pass an estate.

Keywords: Convene 00:00 Senate Message 05:02 Calendar/2nd Readings 05:49 Report of Committees 06:49 Orders of the Day 08:20 HB 4 08:33 Motions, Petitions, and Communications 17:34 Introduction of New Bills and Resolutions 27:40 Recess for ConC/Rules Meeting 29:22 ConC/Rules Report 33:29 Floor Amendments 35:06 Adjournment 35:37, 958, all

Summary: The House convened with prayer and the Pledge of Allegiance, established a quorum, excused absent members, and suspended rules to allow bill co-sponsorships and vote modifications. The chamber approved the journal and received notice that the Senate had passed Senate Bills 48 and 102 and requested concurrence. The clerk then reported second-reading bills including measures on school bus safety, special license plates, healthcare workforce credentials, housing, veteran PTSD treatment, postsecondary education, the Kentucky Fire Commission, and local purchasing, along with committee reports advancing a wide range of bills on cultured meat, eviction/removal of unlawful occupants, involuntary commitment, grand jury service, CPA licensure, physical therapy, engineering scholarships, rabies vaccinations, the Controlled Substance Prescribing Council, robotics, reading and language arts instruction, and the education assessment/accountability system. The main floor action was House Bill 4, relating to grooming a minor. The sponsor described the bill as creating criminal penalties for grooming behavior, with enhanced penalties when the offender holds a position of authority. A floor amendment was adopted making technical wording changes and adding siblings and volunteers to the bill’s lawful-purpose exceptions. Members from both parties spoke in support, emphasizing child protection and the need for stronger legal tools, though one member said she wished the age threshold were higher. The House then passed House Bill 4 as amended by a vote of 98-0. After HB 4, the House moved through announcements and legislative citations. Members recognized the Corbin Middle School football team and the Lion County High School boys basketball team, and honored M. Samantha Shaver, DMD. Committee meeting notices were announced for several panels, including Economic Development, State Government, Natural Resources and Energy, Families and Children, and Health Services. The clerk also reported newly introduced bills and resolutions covering school foods, family care leave, correctional services, protective orders, data privacy, school funding for districts with high tax-exempt property, Medicaid coverage for adult day health and in-home attendant care, alternative diplomas, Kentucky Nurses Day, a sister-city partnership with Israel’s Shamron Regional Council, and DUI. The House then recessed briefly for committee meetings, received committee referral and rules reports, introduced floor amendments to HB 257 and HB 305, and adjourned until 2:00 p.m. on Thursday, February 5, 2026.

Transcript Highlights:

• directed to investigate various allegations involving the trustees of the Kamehameha Schools/Bishop Estate
• > trustees of the Kamehameha School's trustees of the Kamehameha School's bishop<00:56:26.240> estate
• /c><00:56:27.599> This<00:56:27.839> preliminary<00:56:28.480> report bishop estate
• This preliminary report bishop estate.

Keywords: 910, house, all

Transcript Highlights:

• Real estate excise tax, about 3% of revenues. That's a tax on real estate transactions.
• That's a tax on real estate transactions.
• So that's the capital gains tax, the estate tax, and some REIT goes to that also.

Summary: The committee first received a presentation from Dr. Reich on the Economic and Revenue Forecast Council (ERFC), including how the council’s joint executive-legislative forecasting process works, the main state revenue sources, and recent economic conditions. He said Washington’s economy is slowing, with weak employment growth, softer taxable sales, and uncertainty from tariffs, federal spending, and the federal shutdown. He also noted that the September forecast was reduced, mainly because of lower sales tax and real estate excise tax collections, and that the state still expects modest growth rather than a recession. Members asked about whether Washington tends to lag national downturns and how forecast information should affect budgeting; Dr. Reich said the forecast is a revenue tool, not a budgeting decision, and that spending choices remain with elected officials. The Department of Revenue then presented on Washington’s sales and use tax structure and the implementation of Senate Bill 5814, which expands retail sales tax to several services effective October 1, 2025. Steve Ewing explained how sales and use tax are sourced, how reseller permits and the multiple points of use exemption work, and how the new law applies to live presentations, temporary staffing, investigations and security services, IT services, custom website development, advertising services, and custom software. He said DOR held listening sessions, issued interim guidance, and set up a centralized landing page and outreach efforts to help taxpayers understand the changes. He also described a six-month grace period for certain pre-existing contracts through March 31, 2026, but said penalties and interest still apply under the statute. Committee members raised concerns about how businesses and individuals will know when a service is taxable, who is responsible for collecting and remitting tax, and how sourcing will work for services delivered across multiple locations or online. DOR staff walked through examples involving accounting services, live lectures, virtual events, advertising campaigns, and search engine marketing, including the use of reasonable allocation and pool codes when exact sourcing data is unavailable. Members also questioned the administrative burden on small businesses and professionals newly subject to tax, and whether additional legislative fixes or relief from penalties and interest may be needed. No votes or formal actions were taken in the work session.

Transcript Highlights:

• because this is something the state of Texas has never really been involved in. this level of real estate
• State of Texas has never played in before and would be in it big time in real estate transactions.
• foreign investor coming into a commingled fund that then is going to invest in you. best in real estate
• acquisition of U.S. companies with critical technology. and only two notices that were related to real estate

Bills: HB256, HB1308, HB1554, HB1743, HB2308, HB2351, HB2858, HB3676, HB3784, HB4312, HB4552, HB4823, HB4852, HB5007, HB5010, HB5520, HB5524, HCR19, HB256, HCR19

Keywords: E-verify, employment verification, illegal employment, state contracts, government entities, license suspension, immigration compliance, state grant funding, E-Verify, compliance, penalties, immigration, government contracts, employee status, state contractors, E-verify program, legally present, employment practices, legal services, public money

Transcript Highlights:

• change I'm requesting is to allow..." "...to allow judges of the Commonwealth to apply modern real estate
• It's sort of like a real estate divorce."

Keywords: 995, all

Summary: The Joint Committee on Housing held its 12th hearing of the session, chaired by Representative Richard Haggerty and Senator Julian Cyr, and heard testimony on two bills: H. 5317, concerning condominium conversion of co-owned two-unit buildings, and H. 5447, a home rule petition for an affordable housing trust fund in West Tisbury. The chair outlined a hybrid hearing format, three-minute testimony limits for individuals, and a July 31 deadline for written testimony. Peter Harrington testified in support of H. 5317, arguing that the partition law is outdated and should be updated so courts can use the condominium statute when dividing co-owned property. He said the change would help preserve middle-class housing, especially two-family homes that might otherwise be sold, torn down, or redeveloped into more expensive housing. Committee members asked about how common the issue is and whether it is more case-specific; Harrington said it arises at the lower end of Chapter 241 cases but is not unusual. Laura Silber testified in support of H. 5447 on behalf of West Tisbury’s Affordable Housing Committee and the Martha’s Vineyard Commission. She said the bill would let the town’s affordable housing trust serve households up to 180% of area median income and better support seasonal communities tools, including housing for essential public-sector workers and acquisition of year-round deed restrictions. Senator Cyr questioned whether the home rule petition was necessary if technical fixes to the seasonal communities law are enacted, and Silber said the petition was a short-term measure while the towns await statutory changes and work toward a pooled year-round housing trust. No votes were taken, and the committee adjourned after testimony concluded.

Transcript Highlights:

• I would have anticipated that the dirt that's owned, the real estate assets, would at least be on somebody's
• Don't have a document that reflects the ownership of the real estate as it relates to a balance sheet

Bills: HB2007, HB2462, HB2621, HB2921, HB3187, HB3331, HB3332, HJR144, HB3514, HB3528, HB3539, HB3563, HB3720, HB3726, HB3751, HB3859, HB3947, HB4148, HB4164, HB4337, HB4346, HB4368, HB4706, HB4916, HB4950, HB4967, HB5177, HB5603

Keywords: commercial signs, county approval, transportation code, regulations, road signage, high occupancy vehicle lane, pregnant operators, transportation, parental rights, motor vehicle regulations, live video feed, state agency, transparency, public safety, confidentiality, personal information, local government, airport data, public records, regional transportation

Transcript Highlights:

• will say I became a state representative in 2015, and in 2012 I was a city councilor for the real estate
• concern to me for an organization that we have struggled with to think they are going to be in the real estate
• It hasn't garnered any real estate taxes since the Zaganas sold it to Decamp.

Keywords: 995, all

Summary: The committee opened by explaining new attendance and public-testimony procedures, including that testimony would be recorded, livestreamed, and generally made public, with possible redactions for sensitive material. The chairs also noted that no committee rules were being formally adopted yet and that no votes would be taken during the hearing. Senator Collins briefly emphasized the committee’s oversight role on land takings and Article 97 issues, including concerns about proposed regulatory changes and the legislature’s constitutional role. The first major bill discussed was H. 3324, concerning the former Christos site on Crescent Street in Brockton and a proposed transfer of state-owned land from DCAM. Representative Michelle DuBois, Representative Rita Mendes, Mayor Sullivan, the Metro South Chamber’s Chris Cooney, Catholic Charities’ Larry Mayne, and Brockton planning director Rob May all supported the bill, describing the parcel as long vacant and arguing it should be reused for a mixed-use project with Catholic Charities, including affordable/workforce housing, an early education center, food pantry, workforce development, and language classes. Several speakers said the project would help retain Catholic Charities in Brockton and bring tax revenue and community services. DuBois outlined expected amendments, including moving one parcel into a municipal sale partnership and changing a “shall” to “may” regarding a right-turn lane. Some members raised questions about whether a deed transfer to a nonprofit was preferable to a long-term lease and about affordability definitions, but the bill was generally supported. Representative Connolly then testified on two Cambridge bills: H. 3308, relating to the Riverside Boat Club and a reconfigured DCR parcel boundary to support a lease with no loss of public space, and H. 3309, which would facilitate access to justice by preserving consideration of a vacant former probate court site for future court use. Senator DiDomenico supported the Riverside Boat Club measure and the broader goal of restoring court access in Cambridge. Members discussed accessibility, possible future court configurations, and the site’s prior use as an emergency shelter. The committee then heard testimony on S. 2217/H. 2108 concerning Columbia Point and access around the UMass/Bayside area. Harbor Point residents, including Orlando Perrella, Michael Corcoran, Richard Fulham, and Miles Byrne, described severe traffic congestion, emergency-access concerns, and frustration with the UMass Building Authority’s handling of the site and prior community commitments. Senator Collins said the committee should consider seeking an SJC opinion, and possibly an Attorney General opinion, on Article 97 and public-access rights. After the in-person testimony concluded, the committee attempted to reach remaining virtual witnesses on S. 2217 but did not receive testimony. With no further witnesses, the committee adjourned without taking any votes.

Transcript Highlights:

• You know, real estate values are cyclical: they go up and they come down and they go up and they come
• About 436,000 of those are real estate parcels; the rest are tangible personal property, such as business
• Levy talked about the cyclical nature of a real estate cycle, so I just put a...

Summary: The Committee on Finance and Tax met with a quorum present and heard a presentation from the Property Appraisers Association of Florida on ad valorem valuation, exemptions, and the property tax process. Lauren Levy reviewed the legal and historical framework of Florida property taxation, including Save Our Homes, the 10% cap on non-homestead assessments, portability, tangible personal property exemptions, TRIM notices, and the distinction between taxable value and millage rates. He emphasized that property appraisers are independent constitutional officers who assess just value, administer exemptions, and are overseen by the Department of Revenue, with values and exemptions generally determined as of January 1 and subject to challenge through the Value Adjustment Board or circuit court. Mike Twitty described the mass appraisal process in Pinellas County, explaining how property appraisers value large numbers of parcels using the same core approaches as fee appraisals but with statistical testing, field reviews, aerial imagery, and technology. He discussed the importance of budget, staffing, and the January 1 valuation date, and noted that recent hurricanes caused significant damage, increased petitions, and required new procedures to help property owners with value reductions and FEMA-related issues. Paul Polk focused on Department of Revenue oversight, explaining sales ratio studies, uniformity measures such as COD and PRD, time adjustments, sales qualification reviews, and in-depth studies that can lead to corrective action if assessment standards are not met. He also noted that the Department reviews property appraiser budgets to preserve independence from county pressure. Senators asked about the supersized homestead concept, DOR review and rejection standards, value trends, and the impact of storms and new construction on taxable value. Twitty and Polk said value growth has been driven by a mix of new construction, market appreciation, cap resets, and storm-related adjustments, while noting that some counties saw market value decline even as taxable value rose. They also said some property tax relief proposals would be easier to implement than others depending on how local tax bills are structured, especially where law enforcement millage is separately identified. No votes were taken on legislation, and the committee adjourned after the presentation.

Transcript Highlights:

• filings will be handled, either were done by a title company or other entity that closed the real estate
• A title company or other entity that closed real estate transactions.
• It said enhanced penalties with mortgage fraud, which, while often associated with real estate fraud,

Summary: The Senate convened with an invocation and then handled several procedural matters, including a failed motion to excuse Senator Johnson’s absence after a roll-call vote. The chamber also postponed the reading and referral of bills until later in the calendar and adopted motions allowing the Education K-16 Committee to meet while the Senate was in session. The Senate then recessed until 4:00 p.m. Wednesday, August 6. The main floor action centered on Committee Substitute for Senate Bill 9, which lowers the voter-approval tax rate for certain cities and counties from 3.5% to 2.5% for maintenance and operations. Senator Bettencourt argued the bill would slow local property tax growth and align city and county limits more closely with school district limits, while Senators Hinojosa and Menendez raised concerns about reduced local revenue, public safety funding, and the short time for cities to assess the impact. The Senate suspended the regular order, passed the bill to engrossment, suspended the constitutional three-day rule, and finally passed SB 9, with a clarification later entered that the final passage vote was 18-3. The Senate also took up Committee Substitute for Senate Bill 7, the Texas Women’s Privacy Act, which sets state policy for the use of certain spaces and facilities according to biological sex and creates enforcement mechanisms for state agencies and political subdivisions. Supporters said the bill was needed to protect women and children in restrooms, locker rooms, shelters, prisons, and schools, while opponents questioned the scope, enforcement, civil penalties, and possible conflicts with federal law and local control. After extensive questioning, the chamber adopted a clarifying amendment, suspended the three-day rule, and finally passed SB 7 by a vote of 19-2. Finally, the Senate passed Committee Substitute for Senate Bill 15, which addresses deed fraud and real property theft by tightening recording requirements for certain property documents and creating new criminal offenses for real property theft and fraud. Senator Hinojosa explained that the bill combined civil and criminal provisions, added photo ID requirements for in-person filings, and included restitution and enhanced penalties for certain victims and properties; a floor amendment made cleanup changes, removed a training mandate, and clarified that electronic and mail filings were not affected. The Senate adopted the amendment, suspended the three-day rule, and passed SB 15 unanimously, 21-0.

Transcript Highlights:

• name is Angela Hall and I'm here today not just as a concerned citizen, but as a parent and a real estate
• As a real estate professional, I worked with dozens of families who chose our community because of the
• Uh, I'm a real estate broker and property tax consultant in the Keller area.

Bills: HB4, HB54, SB 10, SB 24

Keywords: district composition, congressional election, Texas, legislature, voting districts, citizenship, U.S. citizen, non-citizen, public office, advisory board, task force, state government, local government, political subdivision, commission board, appointment eligibility, officeholder qualifications, public service, naturalization, Texas Government Code

Transcript Highlights:

• It's almost like, if you know, when you buy real estate, this is kind of how I see it.
• protect property owners from fraudulent documents that falsely claim to transfer ownership of real estate
• future buyers or lenders can rely on the court's decision, helping protect innocent parties in real estate

Bills: HB2226, HB2269, HB2343, HB2760, HB3621, HB4079, HB4204, HB4518, HB4531, HB4555, HB4850, HB4876, HB4903, HB4996, HB5122

Keywords: construction trust funds, Property Code, Chapter 162, construction payments, mechanics lien, contractors, subcontractors, laborers, material suppliers, materialmen, real property improvement, assignment of payment rights, unpaid trust funds, trust fund beneficiaries, construction industry, payment protection, Texas construction law, property owners association, landscaping, grass maintenance

Transcript Highlights:

• You do it as part of your estate plan.
• It's all part of your personal estate planning. You'll put your assets into trust." Mr.
• Sure, I put it into trust, so my children—I can do it as part of my estate planning.
• of your personal estate planning you'll put<01:40:37.639> your<01:40:37.920> assets<01
• <04:54:18.440> and um similar residential real estate and um similar residential real estate

Keywords: 1189, house, all

Transcript Highlights:

• would, let me get it exactly right, be an act relative to the privately owned public use airport real estate
• An act relative to the privately owned public use airport real estate taxes.

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hybrid hearing on 10 bills covering voluntary contributions, sales tax, property tax, and economic development. Chair Adrian Madaro outlined the process, noted the July 12 reporting deadline for House-filed matters, and explained that written testimony would be accepted through July 7. Testimony was limited to three minutes per speaker, with questions from committee members after each witness. Several local and statewide measures were presented in support. Melrose Mayor Jennifer Grigoratus supported H. 3979, which would authorize Melrose to establish a means-tested senior citizen property tax exemption tied to the state Senior Circuit Breaker credit; she said the program has helped 209 senior households and provides relief of several hundred to about a thousand dollars per household. Michael Memelow of the Massachusetts Commission Against Discrimination supported H. 3109 and S. 2014, which would create a Massachusetts Against Discrimination Fund allowing voluntary donations, including through tax returns, to help offset uncertainty in federal funding that supports about 20% of MCAD’s operations. Tom Hurley of the Massachusetts Airport Management Association supported H. 3125, which would exempt runway and taxiway infrastructure at privately owned public-use airports from property tax, arguing it would address an economic fairness issue for 10 such airports. Chris Gregory testified in support of H. 3037, a voluntary income tax checkoff for a least developed countries fund administered through Oxfam and the World Bank to support environmental work in the world’s poorest countries. Committee members asked follow-up questions about the number of Melrose households receiving the exemption, the scale and risk of MCAD’s federal funding, dual-filing procedures with the EEOC, the tax burden and local impact of privately owned airports, and the structure and administration of the least developed countries fund. No votes or formal actions were taken during the hearing, and the chair adjourned after testimony concluded.

Transcript Highlights:

• It starts with prohibiting treasurers from investing in real estate and... ...starts with prohibiting
• treasurers from investing in real estate using permanent land funds.

Keywords: 1182, all

Transcript Highlights:

• 774, Committee on Business Professions and Economic Development, Sunset Review, Department of Real Estate
• and the Bureau of Real Estate Appraisers, do pass.

Keywords: 988, house, all

Transcript Highlights:

• Members, last session the legislature passed Bill 14, which allows real estate developers to hire a third-party
• authority with the local government they're dealing with, or they can choose to hire a third party. estate

Bills: SB208, SB628, SB777, SB1042, SB2354, SB2477, SB2521, SB2523, SB2608, SB2703, SB2778, SB2835, SB2965, SB2367, SB3044

Keywords: workforce housing, capital investment fund, affordable housing, housing development, Texas housing laws, loan programs, community development, Texas housing, zero-interest loans, low-income housing, nonprofit organizations, construction, economic stability, housing affordability, capital investment, Texas housing policy, county fire code, fire marshal, local government code, interlocal agreement

Transcript Highlights:

• I would have anticipated that the dirt that's owned the real estate assets would at least be on somebody's
• Don't have a document that reflects the ownership of the real estate on as it relates to a balance sheet

Bills: HB 2007, HB 2462, HB 2621, HB 2921, HB 3187, HB 3331, HB 3332, HJR 144, HB 3514, HB 3528, HB 3539, HB 3563, HB 3720, HB 3726, HB 3751, HB 3859, HB 3947, HB 4148, HB 4164, HB 4337, HB 4346, HB 4368, HB 4706, HB 4916, HB 4950, HB 4967, HB 5177, HB 5603

Keywords: commercial signs, county approval, transportation code, regulations, road signage, high occupancy vehicle lane, pregnant operators, transportation, parental rights, motor vehicle regulations, live video feed, state agency, transparency, public safety, confidentiality, personal information, local government, airport data, public records, regional transportation

Transcript Highlights:

• Real Estate. Commission. Good morning, everyone.
• I'm Wendy Aly, the assistant executive director for the Real Estate Commission.

Keywords: 924, joint, all

Transcript Highlights:

• It really comes down to timber, real estate, and minerals.
• <01:07:07.039> leases, sales, uh real estate leases, sales, uh real estate leases, um<01:07
• and a separate 1 and mineral estate and a separate 1 million<01:12:29.679> acres<01:12:30.000
• .<01:16:42.400> So<01:16:43.760> uh estate.
• So uh estate. So uh with<01:16:45.920> that<01:16:46.159> Mr.

Keywords: 1187, senate, all