Video & Transcript : 'multilateral lending' :
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ID
Transcript Highlights:
- Her work experience lends a unique lens to the work that this commission does.
TX
Transcript Highlights:
- Kind of lends itself to, so how often is that filed? Probably daily in the state of Texas.
Committee:
Senate Border Security
TX
Transcript Highlights:
- Speaker I rise to recognize an extraordinary leader she may lend for unwavering dedication and over two
FL
Florida 2025 Regular Session
Children, Families, and Elder Affairs Feb 4th, 2025
Transcript Highlights:
- THIS PARTICULAR PROJECT DOES LEND ITSELF TO THE ABILITY TO INCREMENTALLY BUNDLE UP MODULES AND FUNCTIONALITY
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Bonding, Capital Expenditures and State Assets Jul 2nd, 2026
Joint Committee on Bonding, Capital Expenditures and State Assets
Transcript Highlights:
- Massachusetts CDFIs cannot build a stable lending pipeline on a foundation that Washington keeps threatening
- As a consequence of our financial systems design, a deposit-holding bank can profitably lend at rates
Summary:
The House Bonding Committee met to hear testimony on H. 5527, the Mass Wins Act, with Secretary of Economic Development Eric Paley opening by describing the bill as a follow-on to Mass Leads. He said the proposal includes $305 million in bond authorizations, with $180 million for new programs and $125 million to expand existing ones, plus $140 million in deauthorizations of unused or redundant authorizations. He highlighted investments in applied AI and quantum, robotics, business expansion capital, defense innovation, global business attraction, ag tech and food science, downtowns, and the creative economy, and said the bill is intended to support geographic equity and small business growth across the Commonwealth.
Committee members questioned the administration on several policy sections, including the MassCEC climate-tech certification language, housing-related provisions tied to 40B compliance and site plan review, the removal of the LCSW exam, AI transparency and federal preemption concerns, and the effect of lower LLC filing fees. Paley generally said some contested sections were added by the Economic Development Committee rather than the administration, defended the MassCEC discretion language as necessary for climate certification, and said the administration would follow up on committee-added provisions. He also said the bill’s housing provisions were meant to help address the state’s need for more homes and that the deauthorizations were housekeeping measures that did not affect current capital plan projects.
Public testimony covered a wide range of topics. AARP and local advocates urged a statewide ban on cryptocurrency ATMs, arguing they are heavily used in scams, impose high fees, and drain money from seniors and local economies. Housing groups supported codifying site plan review and adding parking reform and YIGBY-style housing on faith-owned land. Building trades asked to include off-site fabrication in prevailing wage law. The Massachusetts Public Banking Campaign backed the bill and urged inclusion of a public bank concept. Several witnesses supported Section 106, the Transparency and Frontier AI Act, as a way to require safety plans, audits, incident reporting, and whistleblower protections for the largest AI companies, while an AI startup group argued the section would overregulate smaller firms and should be separated from the bond bill. No votes were taken during the hearing.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Bonding, Capital Expenditures and State Assets Jul 2nd, 2026
Joint Committee on Bonding, Capital Expenditures and State Assets
Transcript Highlights:
- Massachusetts CDFIs cannot build a stable lending pipeline on a foundation that Washington keeps threatening
- As a consequence of our financial systems design, a deposit-holding bank can profitably lend at rates
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 10:30 am
Joint Committee on State Administration and Regulatory Oversight
Transcript Highlights:
- $5 trillion public bank to... ...a bill in Congress that would create a $5 trillion public bank to lend
- It would work like a commercial lending bank. It's off budget.
Summary:
The committee first heard testimony on a proposed Massachusetts baby bonds program, including H. 3429, S. 2146, and the Treasurer’s related bill H. 48. Treasurer Goldberg and a broad coalition of advocates, researchers, health professionals, and people with lived experience said the program would create trust accounts for children born into low-income families or in DCF custody, with funds available at age 18 for education, homeownership, business startup, or other long-term asset-building uses. Supporters argued the program would help close the racial wealth gap, improve economic mobility, and not affect eligibility for financial aid or public benefits. Committee members asked about administration, investment returns, eligibility, and withdrawal rules; the Treasurer said the accounts would be held in trust and managed by her office with an advisory board, with funds accessible at 18 and usable through age 35 if the beneficiary remains a Massachusetts resident. No vote was taken during the testimony shown.
The committee also heard testimony on legislation establishing Lobular Breast Cancer Awareness Day, including S. 2666 and H. 4625. Senator Ross, Representative Badger, physicians, survivors, and advocates described invasive lobular carcinoma as difficult to detect because it often grows in lines rather than forming a lump, can be missed on mammography, and is underfunded and underrepresented in research and clinical trials. Witnesses said the bill would codify an annual October 15 proclamation to raise awareness, improve diagnosis, and encourage more targeted research and treatment. Committee members asked why the disease is so hard to detect, and medical witnesses explained the imaging challenges and the lack of lobular-specific protocols. The witnesses urged favorable reports.
The committee then took testimony on H. 4648, a bill concerning the purchase or lease of Fenn Farm in Stockbridge by the Stockbridge-Munsee community. Representative Davis, the Stockbridge Land Trust president, and the tribal president testified that the bill would remove a conservation restriction tied to a state MVP grant so the tribe could manage the land without a restriction that they said would conflict with tribal sovereignty and Indigenous stewardship practices. They said the parcel is a sacred site connected to Monument Mountain and that the restriction is unnecessary because the land is already surrounded by conserved property. The witnesses asked for favorable action on the bill.
Finally, the committee heard testimony on H. 3416, a resolution urging Congress to create a national infrastructure bank. Representative Senna and several advocates argued that an off-budget infrastructure bank could finance major repairs and upgrades to roads, bridges, rail, water systems, broadband, and housing without adding to the state budget, while creating jobs and supporting economic growth. Witnesses cited historical precedents for national infrastructure banks and said Massachusetts could benefit substantially from such a program. The transcript shown does not include a committee vote or final action on the resolution.
AR
Transcript Highlights:
- major categories of these assets were cash of $800 million, investments of $37.3 billion, securities lending
- The major categories of these liabilities were obligations under securities lending of $1.6 billion,
Committee:
All LEGISLATIVE JOINT AUDITING
Summary:
The Legislative Joint Auditing Committee met on June 5 and first adopted prior minutes and several committee reports. The executive committee report noted adoption of its minutes, staff updates on scheduled audits, approval of an annual financial audit for the City of Horseshoe Bend, and an update on the intern program. The Counties and Municipalities report covered delinquent private water and sewer audits, compliance follow-up with towns including Denning, Gum Springs, Omer, Fargo, Jericho, and Haynes, and review of current and deferred reports; the committee filed most current reports but deferred several and referred some matters to prosecutors and the Attorney General. The Educational Institutions report said 103 education audits were reviewed, most with no findings, while several school districts had findings and one Booneville School District finding was referred to law enforcement. The State Agencies report included findings at the Department of Finance and Administration and a deferred Department of Health report, and the committee filed 13 reports.
The committee then received lengthy presentations on the State of Arkansas annual comprehensive financial report and the state single audit for fiscal year ended June 30, 2025. Legislative Audit issued unmodified opinions on the state financial statements, but identified two material weaknesses: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and improper methodology changes and documentation issues at the Division of Workforce Services affecting year-end estimates for unemployment-related accounts. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed. Auditors reported 33 findings overall, including 31 federal findings, $12.9 million in outstanding questioned costs, and qualified opinions for the Summer Electronic Benefit Transfer program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Committee members questioned DHS, the broadband office, OST, DFA, Education, and Workforce Services about the findings, corrective actions, cyber protections, federal drawdowns, child care reporting, and accounting methodology changes.
Several agencies described corrective steps. DHS said it had changed how it draws Summer EBT funds, addressed provider revalidation and incarceration-related Medicaid issues, and updated internal processes and staffing. The broadband office said the questioned costs reflected invoice documentation disputes rather than missing payments and expected Treasury review to resolve the issue. OST said it was expanding logging, endpoint detection, and enterprise monitoring, and described broader cybersecurity investments, training, and a roadmap. DFA and Workforce Services addressed the workers’ compensation and unemployment accounting issues, with Workforce Services saying it had updated its policy and submitted the methodology to DFA. After discussion, the committee voted to hold the two statewide audit reports over until the August meeting, with members asked to submit specific questions in advance so only needed agencies would return.
The final item was a special report on the Hot Spring County Solid Waste Authority for January 1, 2023 through June 30, 2025. The audit reviewed compliance with laws, board procedures, bidding, payroll, permits, inspections, and cash handling. It noted prior private audit findings on segregation of duties, that recent private audit reports had not been obtained for 2023 through 2025, and that the current administrator said prior office staff and bookkeeping contractors resigned when he was hired. The authority’s operations and revenue sources were described, and the report was presented for committee review.
AR
Transcript Highlights:
- major categories of these assets were cash of $800 million, investments of $37.3 billion, securities lending
- The major categories of these liabilities were obligations under securities lending of $1.6 billion,
Committee:
All LEGISLATIVE JOINT AUDITING
LA
Louisiana 2026 Regular Session
Commerce Apr 22nd, 2026
Commerce, Consumer Protection, and International Affairs
Transcript Highlights:
- There's nothing to say that they can't lend something to this one once they establish that.
- But there's resources there that I'm sure that they may or may not be able to lend to this.
Summary:
The House Committee on Commerce met on Wednesday, April 22, with a quorum present and heard several bills. HB 1195, relating to the Louisiana State Athletic Commission, was amended with technical changes and a fee-related amendment tied to student athlete agents, then reported favorably. Members asked about criminal penalties and whether the bill would affect prison athletic events; the author said he would follow up on those questions. HB 798, the Broadband and Cable Price Notice Act, was amended to clarify definitions, federal compliance, notice requirements, and severability, then reported favorably after extensive debate over whether providers already give adequate notice, whether a separate notice is necessary, and whether the bill would be preempted by federal law. Charter Communications testified in opposition, saying the bill was duplicative and would add costs, while the author argued it was needed to ensure clear, conspicuous notice of price increases and cancellation rights.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Fifty - Monday, April 13
Missouri House Floor Meeting
Transcript Highlights:
- Missouri's electric cooperative line workers are well known for lending a hand when storms knock out
- These men volunteered not only to lend a hand, but to do it without the normal tools they use in their
Summary:
The House opened with prayer, the Pledge of Allegiance, and approval of the previous day’s journal by roll call vote, 127-2. Members then used points of personal privilege and guest introductions to recognize a new grandchild, President Thomas Jefferson’s birthday, Artemis II and Missouri’s role in space manufacturing, Line Worker Appreciation Day, a visiting mayor, and a former representative. The chamber then moved into third reading and perfection business.
Several bills were passed. House Committee Substitute for House Bill 2740, creating a pediatric disease task force in the Department of Higher Education and Workforce Development, passed 139-1 after supporters described it as a limited, accountable way to coordinate research and report on outcomes. House Bill 2422, which raises a county filing fee to support the Department of Agriculture’s Land Survey Program, passed 131-6 after members said the program could not continue on the current fee. House Committee Substitute for House Bill 311, moving bail bond oversight under the Board of Private Investigators and Fire Investigators, passed 112-22. House Committee Substitute for House Bill 3009, allowing nonprofit pharmacies to provide medications during emergencies, passed 133-6. House Committee Substitute for House Bill 2474, authorizing progressive design-build project delivery for public construction, and House Committee Substitute for House Bill 3076, clarifying that common agricultural practices are exempt from non-point source permitting under clean water law, were both ordered perfected and printed.
House Joint Resolution 159, which would modernize the state treasurer’s constitutional investment authority, drew the most debate. The sponsor argued it would update outdated restrictions, allow safer investment options, and generate an estimated $15.1 million without raising taxes. An amendment adding legislative, governor, and auditor approval for changes to the investment policy was adopted. Supporters called the proposal conservative and bipartisan, while opponents warned the language was too broad and could reopen questions about risky investments or conflict-of-interest issues. After debate, the House adopted the committee substitute and ordered the resolution perfected and printed.
The chamber also took up House Bill 2436, dealing with animal impoundment, return of animals when no charges are filed or a defendant is found innocent, and related animal neglect provisions. Members adopted a title amendment, then adopted an amendment creating penalties for malicious false reports of animal abuse and another amendment modernizing neglect and abandonment offenses, including provisions on adequate care and control and higher penalties for repeat or harmful conduct. Debate centered on whether the bill was necessary, how to define malicious reporting, and concerns from animal welfare groups versus law enforcement and agricultural interests. The bill remained under consideration as the transcript ended.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Forty Five - Wednesday, April 1 - Morning Session
Missouri House Floor Meeting
Transcript Highlights:
- utility companies have access, just like we would if we went out for a home loan, have access to a lending
- Loan have access to a lending market.
Summary:
The House began with prayer, the Pledge of Allegiance, approval of the House Journal by roll call vote (112-2), and numerous introductions of special guests, including former Rep. Bill Kidd, students, educators, pharmacy students, labor representatives, and community groups. Members also made a few personal announcements, including a birthday recognition. The chamber then moved into floor business on bills for perfection and printing.
The main debate centered on House Committee Substitute for House Bills 21, 22, and 1626, the Missouri Nuclear Clean Power Act. Supporters argued the bill would remove Missouri’s ban on construction work in progress for nuclear plants, lower long-term electricity costs, support baseload power, attract industry and data centers, and help Missouri keep pace with small modular reactor development in other states and countries. Opponents said the measure would shift construction risk and potential cost overruns to ratepayers, cited past nuclear cost overruns and safety/waste concerns, and argued Missouri voters had already rejected this approach. After extended debate and several inquiries, the House adopted the committee substitute and then perfected and printed the bill.
The House also perfected and printed House Bill 1881, which would classify xylazine as a Schedule III controlled substance. Supporters said the drug is being misused in fentanyl mixtures, causing severe harm and deaths, while preserving legitimate veterinary and agricultural uses. Members from veterinary and law enforcement backgrounds backed the bill, and no opposition was voiced before passage.
Finally, the House took up House Committee Substitute for House Bill 2292, a cross-reporting bill for child, elder, and companion animal abuse. The sponsor said the measure would require agencies already involved in abuse reporting to cross-report related abuse and train accordingly, while exempting agricultural animals. Members discussed amendments to criminalize knowingly starving an animal and to allow POST-certified state investigators to assist in elder abuse cases; both amendments were adopted. Debate also focused on concerns about training sources and whether animal-rights groups could misuse the bill, but the sponsor said the measure would not expand access to farms or animal control authority. The committee substitute was advanced after discussion.
NM
Transcript Highlights:
- primarily Housing New Mexico, which provides the majority of the funding, either through their direct gap lending
- I'll lend you the money, but if you default, I'm getting the project.
Committees:
Senate Senate Finance , Senate House Appropriations & Finance
NM
New Mexico 2025 Regular Session
IC - Indian Affairs Aug 14th, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- But when you talk about a mortgage in the city or lending or those things, I will be very lost.
- The USDA 502, the guaranteed lending, I think the 512, there's a self-built as well.
WA
Washington 2025-2026 Regular Session
House Technology, Economic Development, & Veterans Jun 24th, 2025 at 10:00 am
Technology, Economic Development, & Veterans
Transcript Highlights:
- Our director is very invested in lending his time and effort into this process as we build for a recruitment
- Our director is very invested in lending his time and effort into this process as we build for a recruitment
Summary:
The committee held a work session focused on technology use in government, AI policy and oversight, and federal broadband funding. The first panel featured Seattle CTO Rob Lloyd, who described the city’s AI approach as centered on public trust, responsible use, privacy, security, and community partnership. He said Seattle is using small pilots and a data strategy to test AI for tasks such as public records processing, infrastructure inspection, and housing/permitting improvements, while keeping human decision-makers responsible. Members asked about permit review, training on best practices, labor engagement, and public records risks; Lloyd emphasized that AI should assist rather than replace human judgment and that the city is still testing solutions for records redaction and search.
Washington Technology Solutions CTO Nick Stow and Deputy Director Mark Quimby then outlined the state’s AI policy work, noting that the state’s guidance now covers more than generative AI and is built into existing privacy and security review processes. They described a statewide AI community of practice, a sandbox used by more than 15 agencies, and use cases including a resident portal with opt-in consent features, cybersecurity screening, and wildfire detection. Committee members raised questions about labor, data privacy, and the status and effectiveness of wildfire detection tools. The AI Task Force update from the Attorney General’s office reported progress through eight subcommittees on topics including governance, consumer protection, labor, health care, public safety, education, government efficiency, and climate/energy, with an interim report due December 1 and a final report due July 1, 2026. The presenter also warned that a pending federal budget reconciliation provision could bar state AI regulation for 10 years, and a member noted ongoing work on prior AI bills for the 2026 session.
The broadband portion of the meeting began with Commerce’s Dave Pringle, who said the BEAD broadband program is being reshaped by new NTIA guidance issued June 6. He explained that Washington’s original multi-round application process has been compressed into an expedited roughly 30-day application window, with a September 4 state submission deadline, and that earlier rounds are effectively being replaced under the new federal rules. He noted that no projects have been built yet, that four counties did not receive round-two applications, and that the state is working with applicants, the Governor’s Office, and the Attorney General’s Office while also managing a leadership transition in the broadband office. The Office of Equity then reported on the Digital Equity Forum’s growth, membership expansion, outreach, and draft recommendations, including better interagency coordination, improved data for underserved communities, and elevating digital equity as a statewide priority; members discussed the loss of federal digital equity operating funds and the forum’s transition back to Commerce.
The final presenter, Lumen’s Rob Thoms, discussed private-sector broadband deployment, saying the company continues investing in fiber overbuilds and working with local governments, but faces permitting, regulatory, and geography challenges. He said Washington has strong backbone fiber and is well positioned for enterprise and AI-related demand, but that rural and legacy telecom transitions remain difficult and that satellite and wireless options may play a larger role over time.
ND
North Dakota 2025-2026 Regular Session
House Floor Session Apr 9th, 2025 at 01:00 pm
North Dakota House Floor Meeting
Transcript Highlights:
- Senate Bill 2159 is a complementary proposal that will allow our State Energy Research Center to lend
- Senate Bill 2159 is a complementary proposal that will allow our State Energy Research Center to lend
Summary:
The House convened with prayer, the Pledge of Allegiance, and a quorum present, then approved journal corrections and recognized visiting students from Underwood School. The chamber also handled several conference committee appointments after failing to concur with Senate amendments on House bills 1022, 1049, 1229, and 1029, and after the Senate failed to concur on House amendments to Senate bills 2010 and 2113. The House then concurred in or passed a series of amended measures, including House Bills 1481 (dental insurance loss ratio and reporting), 1511 (physician guidance on abortion law, with an emergency clause), 1562 (mandated reporter training), 1197 (correctional facilities study), 1095 (child protective services liaison work group), 1317 (barber licensing board changes), 1549 (corrections facility grants and reentry-related provisions), 1354 (appraiser evaluations), 1374 (open meeting exemption for township supervisors during on-site inspections), 1355 (abbreviated notice for administrative rulemaking), 1025 (advanced nuclear energy study), 1470 (Game and Fish fee changes), 1592 (Lignite Research Council updates), and 1375 (alcohol service/photo ID provisions). Final passage votes were recorded on each bill, with most passing comfortably and some drawing notable opposition, especially HB 1470 and HB 1549.
The House spent substantial time on Senate Bill 2011, the Highway Patrol appropriation. Members discussed shifting one-time funding from the general fund to the Electronic Motor Carrier Permit Fund, including body armor, preliminary breath tests, an emergency vehicle course, resurfacing, fleet costs, and handgun/taser replacement, while also noting a federal grant and no new FTEs. Questions focused on salary-line increases and the new-and-vacant FTE pool, with Appropriations explaining that those dollars had been moved back into agency budgets from OMB. The bill passed 84-6. The House also passed Senate Bill 2013, the Commissioner of University and School Lands appropriation, after discussion of Trust Lands operations, unclaimed property staffing, and distributions from the Common Schools Trust Fund; one member was excused for a conflict, and the bill passed 67-22. Senate Bill 2023, the Racing Commission appropriation, passed 65-25 after a brief explanation of the agency’s responsibilities and funding.
A major policy debate centered on Senate Bill 2385, which revises mobile home park regulation. Supporters said it creates receivership procedures if a license is revoked, requires clearer tenant notices, limits certain fees, and strengthens protections against eviction and utility overcharges. Two members were excused from voting due to conflicts tied to mobile home park ownership, and the bill passed 84-4. Another extended debate occurred on Senate Bill 2159, which allows the State Energy Research Center to study nuclear-related projects with approval from the Industrial Commission and consultation with the radioactive waste advisory council. Supporters said it is meant to help study advanced nuclear energy while preserving existing prohibitions on high-level radioactive waste storage; opponents raised concerns that the language could weaken prior protections and open the door to waste-related research or storage. The transcript ends during that debate, before a final vote on SB 2159 is shown.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 8th, 2025
Transcript Highlights:
- revenues collected as a result of the new fees and on economic conditions for the franchise, mortgage lending
- been in talks with the department for over a year about ensuring the California Residential Mortgage Lending
Summary:
The Assembly Budget Subcommittee 5 on State Administration heard presentations from Go-Biz and the Department of Financial Protection and Innovation on the Governor’s budget proposals. Go-Biz described California Jobs First, the state’s 10-year economic development strategy, and emphasized support for small businesses, workforce development, and targeted investment in sectors such as ag tech, life sciences, semiconductors, and advanced manufacturing. Members raised concerns about federal policy changes, tariffs, tourism, housing, child care, and whether state incentives are truly additive; Go-Biz responded that it tracks federal actions closely, works with chambers and advocates, and uses programs like California Competes to target jobs that would not otherwise come to California.
The committee then reviewed the proposal to restore the California Competes grant program with $60 million. Go-Biz said the grant would help businesses that cannot use the nonrefundable tax credit, and explained the program’s five-year contracts, milestone-based awards, and recapture provisions. The Legislative Analyst’s Office said the grant could be effective but recommended stronger oversight and clearer eligibility criteria, while also noting the 30% cap in trailer bill language may be too restrictive given the smaller funding level. Public testimony supported the grant and suggested considering refundability or transferability for the tax credit to broaden access for smaller and startup businesses.
Members also heard the CHIPS-related proposal for $25 million to support Natcast’s semiconductor design and collaboration facility in Sunnyvale. Go-Biz and public witnesses argued the state investment would help secure a major federal research facility, retain engineering talent, and leverage billions in broader investment, while the LAO recommended rejecting the item because of its dependence on uncertain federal funding and the state’s budget condition. The committee also considered a $17 million continuation of CA RISE, which supports employment social enterprises; Go-Biz and several grantees cited strong job placement and workforce outcomes, while the LAO recommended rejection absent a more rigorous evaluation, noting prior LA RISE evidence did not show long-term employment gains.
Finally, the Department of Financial Protection and Innovation presented budget requests for IT security and rent increases, and a trailer bill to raise fees across several programs. DFPI said decades-old fee schedules, inflation, and new regulatory responsibilities have created a structural deficit and warned the department could face insolvency without adjustments. The LAO recommended approving the fee increases only on a three-year limited-term basis and asked for more detailed revenue plans for programs not covered by the proposal, so the Legislature can assess actual collections and market impacts before making the changes permanent.
CA
California 2025-2026 Regular Session
Assembly Insurance Committee Mar 19th, 2025
Transcript Highlights:
- We also lend our support. We also lend our support. Thank you.
Summary:
The committee first heard AB 597, a bill to strengthen consumer protections for disaster survivors who use public adjusters. The author and the Department of Insurance said the measure would cap public adjuster fees at 15% for claims tied to declared disasters, require clearer contracts, prohibit solicitation during emergency conditions, and allow consumers to rescind contracts that were solicited during prohibited periods. Insurance industry groups supported the bill, while public adjuster representatives opposed it as written but said they were willing to work on revisions. The committee approved the bill and re-referred it to Appropriations; the roll call was ultimately recorded as 16-0.
The committee then held its fourth oversight hearing on the Department of Insurance’s Sustainable Insurance Strategy, with Commissioner Ricardo Lara giving an extensive update on wildfire-related market reforms and consumer protections. He said the recent Southern California wildfires had not derailed the strategy and described actions including advance claim payments, a one-year moratorium on residential non-renewals in affected areas, a new fraud strike team, smoke-damage claim guidance, additional living expense protections, and a consumer claims tracker. He reported more than $12.1 billion in claims paid, over 37,000 claims filed, and more than 7,000 survivors assisted directly. He also discussed related bills and reforms, including AB 597, SB 495, SB 547, SB 429, SB 616, AB 888, and AB 2026.
Members questioned the commissioner about the Fair Plan’s growing exposure, the $1 billion assessment, rate increases, non-renewals, underinsurance, and whether the reforms would actually stabilize the market. Lara said the assessment was already approved, that policyholders would not be hit with one large bill because insurers have two years to recover costs, and that the department was pushing insurers to use catastrophe modeling and reinsurance tools in exchange for commitments to write more policies in wildfire-distressed areas. He said the department expects to see market stabilization by 2026, though he emphasized the timeline depends on insurer participation, implementation of the new regulations, and future disaster activity. Members generally expressed support for the goals of the strategy while pressing for clearer expectations for consumers and faster action on mitigation and market reform.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-08 - 11:30AM
Vermont Senate Floor Meeting
Transcript Highlights:
- Multiple offers of assistance by the student's trusted adults to lend support to the family in creative
- Multiple offers of assistance by the student's trusted adults to lend support to the family in creative
- Multiple offers of assistance by the student's trusted adults to lend support to the family in creative
- Multiple offers of assistance by the student's trusted adults to lend support to the family in creative
- Multiple offers of assistance by the student's trusted adults to lend support to the family in creative
MN
Transcript Highlights:
- the estimated average... how libraries can purchase, use, and how libraries can purchase, use, and lend
- 40.800><c> As</c><00:35:41.040><c> a</c><00:35:41.200><c> result,</c><00:35:41.599><c> library</c> lend
- As a result, library lend ebooks.
- So, the Connecticut law stops libraries from signing agreements that block them from lending ebooks,
- It prevents limits that reduce how many times or how long a library can lend a digital item.
Committee:
Senate Education Policy
Keywords:
screen time, preschool, kindergarten, early childhood education, digital media, tablets, smartphones, educational technology, EdTech, classroom devices, publicly funded preschool, school policy, child development, special education, IEP, 504 plan, IFSP, Minnesota education law, climate literacy, education