Transcript Highlights:

• And so there are certain deployments or certain strategies that we may not be able to deploy within the
• So if you think about DOT, because we did contact their CFO and talk to them about the deployment of
• They don't necessarily need the deployment of all that cash that first summer.
• If you need millions of dollars, so we have some teams that may need a $5 million deployment out of what
• then we would just need to work in concert with DOT to best understand when they would need that deployment

Summary: The Legacy Fund Committee received updates from the North Dakota Retirement Investment Office (RIO) on fund performance, liquidity, in-state investments, and internal management. Scott Anderson reported strong returns for the Legacy Fund across multiple time periods, with performance exceeding the policy benchmark and expectations, driven largely by strong equity markets and effective implementation. He also reviewed private market pacing, noting commitments were on plan but that unfunded obligations and distributions were lower than expected, and presented a new liquidity analysis showing the fund had substantial capacity to meet obligations even under stressed market scenarios. The committee also discussed RIO’s internal investment program and cost savings. Anderson explained how internal management of fixed income, equity, and cash overlay strategies has reduced fees and transaction costs, while improving flexibility and portfolio construction. Members asked about staffing needs, and RIO leadership said asset growth has outpaced current staffing, with a request for additional FTEs likely coming to support investment, operations, risk, and legal functions. The committee also reviewed the Legacy Fund’s in-state investment program, including 50 South Capital and infrastructure lending, and heard that one manager’s buildout is progressing more slowly because many opportunities are still early-stage. Adam Odison presented a preliminary estimate of the 2026 Legacy Fund earnings distribution, projecting about $894.8 million under current law, with roughly $237 million to the Highway Fund and $554 million to the Property Tax Relief Fund after the sinking and interest fund allocation. Jody Smith then gave a project update on a new standalone Legacy Fund website required by statute, intended to consolidate performance, holdings, governance, fees, and use-of-funds information for the public, with a planned launch around the October State Investment Board meeting. She also raised a possible future proposal to place the Legacy Earnings Fund back under State Investment Board management so the cash could remain invested longer before being transferred out, though members noted liquidity, accounting, and bank-deposit implications would need further review. Finally, Kelvin Holden of the Bank of North Dakota reviewed the match loan program, explaining how it supports large economic development projects by pairing Bank of North Dakota loans with State Investment Board CDs. He said the program currently has about $272 million outstanding and has supported projects such as Coal Creek Station and the MDU gas line to Gwinner. Members discussed whether the program’s return is appropriate and noted a prior moratorium on new investments so the committee can revisit the policy next session. The committee then elected Senator Klein as chair and Representative Hogan as vice chair, and the meeting ended with members thanking staff and partners for the fund’s progress.

Transcript Highlights:

• We've also talked about the need to dramatically accelerate the pace of clean energy deployment across
• The accelerated deployment of clean energy over the past few years has firmly demonstrated the ability
• So, from that information, a lot of it is qualitative and changes because during energy deployment, it
• I think you hear from developers a lot about the challenges and barriers to deployment.
• with setting the terms of the weather and where the winds are blowing, and we need to move towards deployment

Summary: The Assembly Committee on Utilities and Energy held an oversight hearing on accelerating clean energy development and helping projects capture expiring federal tax credits. The chair framed the hearing around federal actions under HR 1, which sharply shortens the timeline for wind and solar projects to qualify for tax credits, and Governor Newsom’s Executive Order N-3325, which directs state agencies to speed siting, permitting, and construction. Sarah Fitzsimmons of the Independent Energy Producers Association explained the federal deadlines, the shift from the 5% safe-harbor test to a physical-work test, and the main bottlenecks California projects face, especially interconnection delays, environmental review, and limited transparency around self-build options for network upgrades. Panelists from the Union of Concerned Scientists, Southern California Edison, and EDF Power Solutions largely agreed that transmission constraints, permitting, and queue management remain the biggest barriers. UCS emphasized long-standing transmission delays, the need for more accountability and standardized reporting, and the importance of keeping reforms focused on the projects most likely to reach completion. SCE said it has increased interconnection throughput through process changes, digital tools, and coordination with regulators, while noting that developers and utilities must work closely together on project-specific issues. EDF described how overlapping permitting, interconnection, and procurement timelines create risk, and argued that clearer policies on self-builds, equipment standards, and affected-system studies could help reduce delays. State agency representatives from the CPUC, CAISO, and Go-Biz reported strong recent clean energy progress, including record levels of new capacity and battery storage coming online, and described ongoing efforts such as the Integrated Resource Planning process, General Order 131-E updates, the Transmission Project Review Process, the Transmission Development Forum, and the TED Task Force. They said these efforts are helping identify delays, improve transparency, and coordinate solutions, including possible self-build arrangements and local permitting reforms. Committee members pressed the agencies on who is ultimately in charge of the effort, whether the state has quantified the ratepayer impact of losing federal tax credits, and whether the 90-day report required by the executive order is complete; the agencies said the report is still in development. Public commenters echoed the need to move beyond monitoring toward stronger prioritization and accountability to meet the 2029 and 2030 project deadlines.

Transcript Highlights:

• We've also talked about the need to dramatically accelerate the pace of clean energy deployment across
• The accelerated deployment of clean energy over the past few years has firmly demonstrated the ability
• So, and from that information, a lot of it is qualitative and changes because during energy deployment
• I think you hear from developers a lot about the challenges and barriers to deployment.
• with setting the terms of the weather and where the winds are blowing, and we need to move towards deployment

Committee: House Utilities and Energy

Transcript Highlights:

• look at this data here, we're seeing 91% fewer injuries or other types of accidents, 79% fewer deployments
• This is a chart that shows the United States and the different states that have autonomous vehicle deployment
• There are 25 other states beyond New Mexico that have autonomous vehicle deployment statutes.
• You have an incredibly strong AV deployment statute that really takes a lot of learnings from other states
• No, New Mexico allows for deployment as well.

Transcript Highlights:

• California has long been a national leader in both renewable energy deployment and the establishment
• Once the project has been identified, the accelerator will take the necessary steps to advance the deployment
• I think certainly looking at energy planning and deployment from an economic development lens is very
• expected to come online and try to assist if there are issues that arise from those, you know, during deployment

Summary: The committee first heard AB 710, which would expand dynamic pricing and time-of-use electricity rates and require utilities to develop plans for advanced metering infrastructure so more customers can participate. The author and supporters said the bill would encourage load shifting to times when electricity is cheaper and cleaner, reduce curtailment of renewable energy, and help address affordability. PG&E and SDG&E opposed the bill as drafted, arguing the deadlines were premature, could disrupt ongoing CPUC rate proceedings and pilot programs, and might force costly changes before results are known; Golden State Power Cooperative was neutral and flagged a technical issue. After questions and discussion about timing and scope, the committee passed AB 710 on an 11-0 vote and also approved the consent calendar 15-0. The committee then held its first 2026 oversight hearing on implementation of the California Transmission Accelerator created by SB 254. GoBiz, IBank, CAISO, and the Department of Finance outlined the new program’s structure: GoBiz’s energy unit will coordinate the accelerator, IBank will evaluate and finance eligible projects, CAISO’s transmission planning and competitive solicitation process will identify projects, and the tax credit will provide an additional incentive for developers. Administration witnesses said trailer bill language and about 10 limited-term positions are being proposed to clarify roles, protect confidential information, and support the revolving fund, with roughly $26 million in administrative costs over five years. Committee members focused on coordination among agencies, supply-chain risks, regional market planning, and whether the accelerator has enough authority to move projects quickly. CAISO said its planning and competitive procurement processes already align closely with the accelerator and that no tariff changes are expected, while GoBiz and IBank said they are still developing financing strategies and learning from other states. Public commenters supported faster transmission but urged the committee to preserve the role of competitive developers, clarify ownership and risk allocation, and ensure wildfire safety and accountability. The hearing ended with no formal action beyond receiving testimony and committing to continued oversight.

Transcript Highlights:

• state is running right now to assess the relative costs and benefits of different distributed solar deployment
• You know, it was brought up, you know, the quickness and deployment, but also we need to always keep
• We actually have an abundance of solar when it comes to the actual need and the deployment and the way
• load energy in our economy when it comes to attracting major business, major investment, and major deployment

Bills: HF2103 , HF2793

Committee: House Energy Finance and Policy

Transcript Highlights:

• coming straight out of high school or a student like you heard from here that might be coming from overseas
• might<00:12:53.279><c> be</c><00:12:53.440><c> coming</c><00:12:53.760><c> from</c><00:12:54.079><c> overseas
• </c><00:12:54.560><c> and</c><00:12:54.800><c> and</c> might be coming from overseas and and might be
• coming from overseas and and not<00:12:55.440><c> have</c><00:12:55.680><c> English</c><00:12:55.920

Committee: Senate Higher Education

Transcript Highlights:

• Because a lot of our local manufacturers do rely on importing some of our raw products overseas.
• Because a lot of our local manufacturers do rely on importing some of our raw products overseas.
• So we need to just keep always that in mind as what problem... some of our raw products overseas.
• And some of our raw products overseas.

Committee: Senate Economic Development and Tourism

Summary: The committee heard testimony on HB 449 relating to economic development, HB 1006 relating to the Agribusiness Development Corporation, and then began HB 1467 relating to housing resiliency. On HB 449, Director Wayne Enoy of the Hawaii Technology Development Corporation and several business groups, including the Chamber of Commerce and Hawaii Food Industry Association, testified in strong support. They said the measure would help local manufacturers and tech-focused businesses adapt to uncertainty around tariffs and federal funding pauses, diversify Hawaiʻi’s economy, and expand workforce training and apprenticeship efforts tied to innovation and manufacturing. The bulk of the discussion focused on HB 1006 and proposed agritourism authority for ADC. ADC, the Hawaii Farm Bureau, and other supporters said agritourism can be a value-added tool that helps farmers diversify income while keeping agriculture as the primary use of the land. One testifier opposed the bill’s direction without stronger guardrails, urging that a high percentage of revenue or land use remain tied to actual agricultural production. Committee members questioned ADC and Farm Bureau witnesses about how much land should remain in production, whether agritourism could expand on public lands, how enforcement would work, and whether responsibilities should be shifted from the Department of Agriculture’s marketing functions to ADC. Witnesses said ADC currently has no tenants engaged in agritourism, but would support standards, annual reporting, site visits, and the ability to reclaim land if production requirements are not met. No votes or final actions were taken in the portion provided. After concluding HB 1006 testimony and questions, the committee moved on to HB 1467 and called the first witness, Luke Meyers, before the transcript ended.

Transcript Highlights:

• The department has been making steady recovery since the deployment of our new system.
• The department has been making steady recovery since the deployment of our new system.
• One of the key indicates The department has been making steady recovery since the deployment of our new

Bills: SCR8406 , SB5825 , SB5842 , SB5863 , SB5840 , SB5827 , SB5968

Committee: Senate State Government, Tribal Affairs & Elections

Keywords: civic health, community engagement, committee reestablishment, public participation, governance, Washington State Leadership Board, WSLB, gift acceptance, grants, endowments, private funding, public funding, fundraising, state board, youth leadership, civic engagement, leadership development, Washington World Fellows, sports mentoring, Boundless Washington

Transcript Highlights:

• build on the work being led by President Trump at the federal level and promote nuclear energy deployment
• Randy Sanders bravely led this deployment.
• Randy Sanders bravely led this deployment.

Transcript Highlights:

• WHAT IS COMING IS THE DEPLOYMENT OF THE FINANCIAL MANAGEMENT WHICH IS WHAT WE WOULD THINK OF AS THE TRUE
• WHAT IS COMING IS THE DEPLOYMENT OF THE FINANCIAL MANAGEMENT WHICH IS WHAT WE WOULD THINK OF AS THE
• AND THEN LAST GOING INTO THE LAST THREE MONTHS IF YOU WILL OF DEPLOYMENT CUT OVER WE HAVE FOUR READINESS

Transcript Highlights:

• I think that this will help with broadband deployment in the future. Thank you for your testimony.
• that, that means eligible for funding, particularly looking at the Broadband Equity Access and Deployment
• Unfortunately, we have a situation that has become a barrier to deployment, known as forced relocation

Bills: HB3713 , HB3953 , HB4055 , HB4272

Committee: House S/C on Telecommunications & Broadband

Keywords: telecommunications, local exchange companies, universal service fund, rate maintenance, business expansion, broadband access, internet service, multiunit residential properties, urban areas, affordability programs, fiber-optic cables, public land, construction permits, environmental impact, notification requirements, municipal projects, infrastructure, facility relocation, public right-of-way

Transcript Highlights:

• But this is a bill that is the result of the Thermal Energy Network Deployment Work Group and months
• It's important that we have a site selected that will lead to successful deployment.
• And we are in the successful deployment.
• TENS deployment at utility scale represent a pivotal opportunity to transition these crucial members
• TENS deployment at utility networks.

Committee: Senate Energy, Utilities, Environment, and Climate

Transcript Highlights:

• Beyond the moves, they live a very stressful life of parental deployments, missed holidays, They live
• a very stressful life of parental deployments, missed holidays, missed birthdays, which can significantly

Committee: Senate Education

Transcript Highlights:

• Now, we have an intelligence community to look overseas, to look at our adversaries.
• So y'all look overseas and the FBI and law enforcement will take care of problems at home.

Committee: House Civil Law and Procedure

Summary: The House Committee on Civil Law and Procedure met and reported a series of measures, many of them asking the Louisiana State Law Institute to study legal issues. HCR 31 was reported favorably to study the use of the term “foreign” as applied to juridical persons. HCR 61 was reported favorably after discussion about expropriation and carbon capture, with the author agreeing to broaden the study beyond carbon capture alone. HCR 96 was also reported favorably to study civil bench warrants and notice procedures in judgment debtor proceedings. The committee likewise advanced HCR 160, which asks the Law Institute to study property transfer issues and the public records doctrine in light of a recent case. Several bills dealing with court procedure and family law were heard and advanced. SB 68, a constitutional amendment to give the Louisiana Supreme Court authority to discipline out-of-state attorneys in certain circumstances, was amended and reported favorably. SB 76, concerning modification of child custody judgments, was reported with amendments after testimony that it would codify existing standards and add a five-year rule for applying the lower best-interest standard. HB 1198, which prohibits arbitration of child custody and visitation disputes and limits recognition of foreign custody laws contrary to Louisiana public policy, was reported favorably. SB 66, which prioritizes testimony from medical experts in child custody and child-in-need-of-care cases, was also reported favorably after testimony from advocates and medical groups. The committee also advanced measures involving civil litigation and state legal procedures. HCR 38, urging Congress to reform FISA and the FISA court to protect privacy rights, was reported favorably. SCR 19, asking the Law Institute to study long-duration trusts and possible revisions to the Trust Code, was reported favorably. SB 336, allowing civil investigative demands in Medicaid fraud/False Claims Act investigations, was reported favorably after explanation that it would let the Attorney General gather information without filing suit first. SB 139, adjusting interest on personal injury and wrongful death claims against the state or political subdivisions, was reported favorably. Finally, SB 475, dealing with fees for service of process, was reported favorably. HB 668 was voluntarily deferred.

Transcript Highlights:

• I would like to advise counsel and the parties that the Military and Overseas Voter Empowerment Act is
• federal law that requires absentee ballots to be transmitted or uniform to uniformed services in overseas

Transcript Highlights:

• perspective, we're looking at declines within the Canadian market about 22% and then also in the overseas
• But, you know, if you go overseas and you say, I'm from Arizona, the brand there, they're like, do you

Committee: Senate Director Nominations

Transcript Highlights:

• another form of practice is something that I think America is going through in competition with our overseas
• another form of practice is something that I think America is going through in competition with our overseas

Committee: House House Artificial Intelligence & Innovation Committee of Reference

Summary: The House Artificial Intelligence and Innovation Committee met for its first meeting, with members and staff introducing themselves and the chair outlining the committee’s purpose and expectations. The committee adopted its standing rules, including House-rule-based procedures for agendas and amendment deadlines, and then moved to a chair’s presentation since no bills were assigned yet. The chair’s presentation focused on what AI is and is not, examples of current uses such as transcription and image generation, concerns about misinformation, deepfakes, surveillance, job displacement, and the need for responsible governance. He emphasized Arizona’s role in AI infrastructure and semiconductor manufacturing, including data centers, chip fabs, workforce development, energy, water, and national security considerations, while arguing the committee should be innovation-friendly and avoid overly burdensome regulation. Members then discussed their perspectives. Several expressed cautious optimism, highlighting AI’s potential in health care, education, public administration, and business, while stressing privacy, cybersecurity, human oversight, and safeguards against misuse. The vice chair and others noted the importance of state-level policymaking and the committee’s bipartisan approach. No legislation was heard, and the meeting ended with the chair stating the committee would meet weekly and begin hearing bills as they are assigned.

Transcript Highlights:

• products that are manufactured across the country for the country and, in some cases, yes, to be sent overseas
• The country, for the country, and in some cases, yes, to be sent overseas.

Committee: Senate Agriculture

Summary: The Committee on Agriculture met with a quorum present and heard four bills. CS/SB 150, by Senator Gates, would make it a third-degree felony to abandon a restrained animal during a declared weather emergency, such as a hurricane or tornado, and was presented as “Trooper’s Law” in response to a widely publicized rescue of a dog during Hurricane Milton. The bill drew supportive public cards and brief supportive remarks from Senator Boyd, then passed unanimously and was reported favorably. SB 374, by Senator Truenow, would refine the definition of farm product to include plant and plant products and bar local governments from adopting ordinances that limit the collection, storage, and processing of farm products on bona fide agricultural land. An amendment was withdrawn to allow further discussion on food waste issues. Speakers from composting, recycling, and poultry interests supported the bill, and it was reported favorably. SB 560, by Senator Martin, would restrict certain chemical additives in food products. The sponsor said the bill targets 10 chemicals he believes are harmful, noted that two have already been banned by the FDA, and argued Florida should act rather than wait for federal action. Industry and retail witnesses opposed the bill as creating a patchwork of state rules, raising costs, and disrupting supply chains, while some senators said they supported the bill for now but expected further changes. The committee reported the bill favorably, with Senator Rouson voting no. SB 572, the Pam Rock Act by Senator Collins, would create a statewide dangerous dog registry, add criminal penalties for certain dangerous-dog attacks, and require permits, microchipping, spay/neuter, and $100,000 liability insurance for dangerous dogs. The sponsor and the Rock family described severe attacks and deaths involving dangerous dogs and argued the registry would help protect the public. Some senators questioned the registry’s usefulness, the amount of information collected, and insurance availability, but the bill passed and was reported favorably. The committee then adjourned.

Transcript Highlights:

• During his deployment, Officer Copley flew an American flag above a former Taliban base and flew that
• During his deployment, perimeter.
• During his deployment, Officer<00:20:55.200><c> Copley</c><00:20:55.600><c> flew</c><00:20:55.760><c>
• I mean, just look at the scenes you're seeing overseas.
• after the guy was clearly overseas after the guy was clearly moving<02:28:24.399><c> people</c><02:28

Bills: HCR24 , HR352 , HB2243 , HR405 , HB2215

Keywords: Jewish American Heritage Month, Jewish Heritage Week, antisemitism, anti-Jewish hate, Jewish Americans, Jewish community, Hamas, October 7, Israel, hate crimes, civil rights, religious freedom, campus antisemitism, synagogues, public education, heritage month, diversity, inclusion, Holocaust remembrance, community safety