Video & Transcript Research : 'distribution trust advisor'

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TX
Transcript Highlights:
  • Bittencourt was saying, that trust and confidence?
  • And so, you know, each of these actions I think helps to rebuild trust.
  • Gulf Coast transmission distribution utility like y'all are.
  • I think it goes a long way toward the beginning of restoring that trust.
  • I'm here on behalf of myself and the Texas Real Estate and Probate Trust Lines.
TX

Texas 89th Regular

Business and Commerce (Part I) Apr 3rd, 2025

Business & Commerce

Transcript Highlights:
  • So, since actions speak louder than words, let me talk about the actions now to re-earn the trust of
  • But importantly, it did put a lot of stress on the relationship, and more importantly, with the trust
  • But importantly, it did put a lot of stress on the relationship, and more importantly, with the trust
  • I think it goes a long way toward the beginning of restoring that trust.
  • of the State Bar section of real estate, probate, and trust law.
Summary: The Senate Committee on Business and Commerce met with a quorum and first took up several pending and uncontested bills. It favorably reported SB 1405, SB 1762, SB 1977, SB 2077, SB 2148, and SB 1968, and also moved SB 2321 to the local and uncontested calendar. The committee then heard SB 819, which would change how the Public Utility Commission reviews proposed utility-scale solar and related interconnection projects. The committee substitute would shift the default so interconnection is allowed unless the PUC affirmatively prohibits it within 180 days, limit denial to cases where harm substantially outweighs benefits, remove public meeting requirements, retain setback and financial assurance provisions, add optional application materials such as national security and environmental information, and restore local control over county tax abatements. The substitute was adopted and SB 819 was favorably reported to the full Senate on a 7-3 vote. The committee then took up SB 231, focused on CenterPoint’s use of large emergency generators after Hurricane Beryl. Senator King explained that the original bill was intended to prevent customers from being charged for non-mobile generators that were leased at great cost and did not match the bill’s emergency-response purpose. CenterPoint’s Jason Ryan apologized for the company’s communication failures and said the company would make customers whole through a combination of rate reductions, foregone storm-cost recovery, and a donation of the 15 large generators to ERCOT for about two years to address a San Antonio-area reliability issue, with the company absorbing the associated costs. PUC Executive Director Connie Corona said the commission could enforce the agreement through its contested-case process. Public testimony included consumer and reliability advocates, one of whom argued utility-scale microgrids should be preserved as a policy option. SB 231 was left pending. The committee also heard SB 986, which would create an alternative process for routine Public Information Act requests so local governments can make initial redactions without sending every routine exception to the Attorney General, while preserving an appeal path and training requirements. Supporters said it would reduce backlog and speed access to records; opponents argued it would shift the burden to requesters and encourage delay. The AG’s office testified that the process could improve efficiency and still fit within current timelines if used promptly. SB 986 was left pending. Finally, SB 584 was briefly laid out to require consumer reporting agencies that buy data from others to ensure the information complies with Texas law on excluded items such as bankruptcies, judgments, and tax liens, and SB 600 was heard on heir property. SB 600’s substitute would strengthen notice, require an attorney ad litem, add an heir’s bill of rights, allow settlement conferences, and require fair-market-value sales protections; supporters said it would curb predatory partition practices, while opponents warned some provisions could burden or diminish minority heirs’ property rights. SB 584 and SB 600 were left pending after testimony.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • construction maintenance of vegetation. management for an electric utility or a transmission and distribution
  • We're the only... non-contiguous transmission distribution utility in the state. to support HB 3306,
  • Care Summit and Perpetual Care Trust funds.
  • House Bill 3806 relates to prohibiting activities of a state trust company under supervision.
  • companies under supervision may not distribute regardless of the method or instrument.
TX

Texas 89th 2nd C.S.

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • construction, maintenance, or vegetation management for an electric utility or a transmission and distribution
  • We're the only non-contiguous transmission distribution utility in the state.
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
  • companies under supervision may not distribute any dividends to their shareholders regardless of the
  • It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
TX
Transcript Highlights:
  • We're the only non-contiguous transmission and distribution utility in the state.
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
  • companies under supervision may not... ...and would close a loophole by clarifying that trust companies
  • under supervision may not distribute any dividends to their shareholders, regardless of the method or
  • It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
Summary: The committee first took up pending business and favorably reported several House bills without opposition, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061. Each was moved out of committee with a recommendation that it do pass and be printed, and several were also recommended for the local and uncontested calendar. The committee then heard HB 3306, which would extend existing construction-contract indemnity exceptions to electric infrastructure construction, maintenance, and vegetation management work for electric utilities and transmission and distribution utilities. The sponsor said the bill would reduce litigation and insurance costs for ratepayers, while construction industry witnesses argued it would shift liability onto subcontractors and create broad-form indemnity in a way Texas law has generally prohibited since 2011. HB 3306 was left pending. The committee also heard HB 4739, a Comptroller-requested cleanup bill to repeal an outdated Finance Code provision requiring remittance of a portion of certain delinquency charges to the state, and HB 3803, HB 3804, and HB 3806, all Department of Banking-requested cleanup bills dealing with confidentiality and supervision rules for perpetual care funds, state banks, and trust companies. Those bills were briefly explained and left pending without testimony. HB 4219, aimed at improving Public Information Act compliance by requiring timely notice when records do not exist or are being withheld, allowing complaints to the Attorney General, and imposing training and fee consequences for noncompliance, drew support from a journalist and a policy analyst and was also left pending. The committee then heard HB 4238 on coerced debt and identity theft. The sponsor explained that the committee substitute narrows the bill to court-ordered findings of identity theft/coerced debt, gives collectors seven business days to stop collection activity, and removes a section to avoid litigation over court orders. A law professor and a family violence advocate testified in strong support, describing coerced debt as a barrier for domestic violence and elder abuse survivors trying to rebuild credit and access housing, jobs, and utilities. The bill was left pending. HB 1522, which would require local governments to post meeting notices three business days in advance and make budget materials more accessible online and in physical form, also drew support, though a school business officials representative raised concerns about the timing language, proposed-budget wording, and taxpayer impact statements for school districts; the bill was left pending after discussion. Later, the committee heard additional pending bills, including a PUC background-check bill that would expand the commission’s authority to check current employees and contractors and obtain FBI criminal history information, HB 3805 updating money services business regulation, HB 431 extending HOA solar-panel protections to solar tiles, and HB 3228 and HB 3229 on wind and solar recycling financial assurance and recycler solvency. HB 3228 received support from a Sierra Club witness who said recycling and disposal plans are needed for end-of-life renewable energy equipment, and HB 3229 was described as requiring recyclers to show financial resources at 125 percent through a letter of credit or bond. These bills were heard and left pending.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • We're the only non-contiguous transmission and distribution utility in the state.
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
  • companies under supervision may not... ...and would close a loophole by clarifying that trust companies
  • under supervision may not distribute any dividends to their shareholders, regardless of the method or
  • It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
Summary: The Senate Committee on Business and Commerce met with a quorum and first took up pending business, reporting several House bills favorably to the full Senate, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061, with some also recommended for the local and uncontested or contested calendars. The committee then heard and left pending HB 3306, which would extend construction-contract indemnity exceptions to electric infrastructure work, including construction, maintenance, and vegetation management for utilities. Supporters said it would align utility infrastructure work with public works and reduce litigation and ratepayer costs, while opponents argued it would shift liability onto subcontractors and create broad-form indemnity concerns. Members also heard HB 4739, a Comptroller-requested cleanup bill repealing an outdated Finance Code provision tied to delinquency charges on retail charge accounts, and left it pending without testimony. The committee then considered several Department of Banking cleanup bills, including HB 3803, HB 3804, and HB 3806, all left pending after brief explanations and no public opposition. HB 4219, dealing with public information requests, drew support from a journalist and a policy analyst who said it would improve transparency by requiring timely responses, notice when records do not exist, and training or fee consequences for noncompliance; it was left pending. The committee also heard HB 4238, a committee substitute addressing coerced debt and identity theft, which would bar collection of certain debts from victims who obtain a qualifying court order. A law professor and a family violence advocate supported the bill as narrow, protective relief for domestic violence and elder abuse survivors, and it was left pending. Other bills heard and left pending included HB 1522 on local government budget meeting posting and taxpayer impact disclosures, HB 4344 authorizing background checks for PUC employees and contractors, HB 3805 updating money services business regulation, HB 431 extending solar-panel HOA protections to solar tiles, HB 3228 and HB 3229 on wind and solar recycling financial assurance, and HB 1922 clarifying the accrual date for construction defect claims under right-to-repair law. The committee recessed subject to the call of the chair.
HI
Transcript Highlights:
  • establish a salary for an assistant administrator of the trust fund.
  • establish a salary for an assistant administrator of the trust fund.
  • employee union health benefits trust employee union health benefits trust fund<01:03:47.599>
  • employer union health benefits trust employer union health benefits trust fund,<01:07:16.799>
  • We'll be adding a defective Trust Fund.
TX

Texas 89th Regular

Trade, Workforce & Economic Development Apr 23rd, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • The Texas Construction Trust Fund Act was enacted over 30 years ago to protect payments designated as
  • trust funds for subcontractors and suppliers in construction projects.
  • Historically, the assignment of trust fund claims offered a clear remedy.
  • It is not clear that the trust fund claims can be assigned to the party that's had to pay twice.
  • This kind of deception not only harms our Texas shrimpers, but it undermines consumer trust.
TX

Texas 89th Regular

Trade, Workforce & Economic Development Apr 23rd, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • DUNAs are governed by their members using blockchain and distributed ledger technologies.
  • What is the reason why this is through the use of a distributed ledger?
  • First, it sounds like those proxy advisors...
  • Proxy advisors are in some ways the last prong of a three-pronged ESG attack.
  • If proxy advisors are issuing recommendations based on non-financial...
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/20/25

Commerce Finance and Policy

Transcript Highlights:
  • I grew to trust this person.
  • We sense of trust has been shattered.
  • And this is no time to trust, tragedy. And this is no time to trust, but<01:21:55.600> verify.
  • :22:05.520> decide<01:22:05.920> when trust alcohol companies to decide when trust alcohol
  • The time for trusting beg is Baloney.
AL

Alabama 2026 Regular Session

Alabama House Ways and Means Education Committee Feb 4th, 2026

Ways and Means Education

Transcript Highlights:
  • I do have the amendments has been distributed.
  • I do have the amendments has been distributed.
  • I do have the amendments has been distributed.
  • I do have the amendments has been distributed.
  • I do have the amendments has been distributed.
Bills: HB187, HB341, HB4, HB175, HB326
HI

Hawaii 2026 Regular Session

JDC DEFER Public Hearing 02-25-2026

Judiciary

Transcript Highlights:
  • is used to facilitate the commission of the offense, including abuse of authority, breach of public trust
  • breach<00:02:14.879> of<00:02:15.040> public<00:02:15.280> tr<00:02:15.599> trust
  • c><00:02:15.840> or<00:02:16.080> misuse<00:02:16.400> of breach of public tr trust
  • or misuse of breach of public tr trust or misuse of public<00:02:16.879> resources.
Summary: The Judiciary Committee met on a decision-making agenda and considered four Senate bills. SB 2731 would cap misdemeanor jail terms at 364 days and allow people previously sentenced to one year to seek modification; the chair recommended passage with amendments limiting the change to nonviolent offenses, and the measure was adopted with one no vote. SB 2830 would extend the statute of limitations for misconduct-in-office offenses by public servants to allow prosecution during service and for 10 years afterward; members discussed tightening the definition of misconduct in office while leaving the public servant definition unchanged, and it was adopted with amendments. SB 2914, which would prohibit public disclosure of legislators’ personal contact information and certain voter and campaign records, was deferred because the chair believed existing law already covered much of the issue and wanted to see how that law works over time. SB 3072 would require a mandatory 12-month minimum sentence for first-degree theft involving property or services valued over $250,000; the committee recommended passage with amendments clarifying that the sentence could be imposed as a condition of probation or before parole, and it was adopted with the vice chair voting with reservation. The committee then adjourned.
TX
Transcript Highlights:
  • legacy, succession, gift, or generation-skipping transfer tax on individuals, families, states, or trusts
  • I trust and have all the confidence, based on good historical data, that the Water Development Board
  • New water, leaky distribution systems, and those kinds of things.
  • designed by the 88th legislature to allow the Water Development Board to do what they do best: distribute
Bills: HB3077, HJR2, HJR7, HJR7
MN

Minnesota 2025 1st Special Session

House Ways and Means Committee 3/10/25

Ways and Means

TX

Texas 89th Regular

Natural Resources Apr 16th, 2025 at 08:04 am

Natural Resources

Transcript Highlights:
  • The Texas Water Trust was established in 1979.
  • The Texas Water Trust was established in 1979 by the legislature as a program within the Texas Water
  • This bill introduces groundwater rights into the Texas Water Trust for the first time, with the process
  • The bill encourages voluntary transfer of surface water rights into the trust through lease, donation
  • The Texas Water Trust allows landowners to donate both groundwater and surface water rights currently
Summary: The Committee on Natural Resources met with a quorum present and first took up several pending bills for reconsideration and committee substitute adoption. House Bill 2692, relating to codification and clarification of local laws concerning the San Antonio River Authority, was reported favorably to the full House and sent to the Committee on Local and Consent Calendars by an 11-0 vote. House Bills 1407, 1520, 1535, 2970, 4153, 291, 3663, and 3915 were also reconsidered or laid out as pending business, with committee substitutes adopted where needed and each bill reported favorably, generally by unanimous vote, to the full House and then to Calendars or Calendars/Calendars-related referral as applicable. The committee then heard House Bill 4530, which would expand the Texas Water Trust framework to include groundwater rights, require Texas Water Development Board review and approval of groundwater dedications, and notify local groundwater districts when groundwater rights are placed in the trust. The bill’s author and witnesses from the Environmental Defense Fund, The Nature Conservancy, and Chispa Texas supported the measure as a conservation tool and a way to create a clear process for voluntary donations; a Texas Water Development Board witness testified neutrally. The bill was left pending. House Bill 4931, relating to an aquifer storage and recovery project in Medina County, drew support from the author, the Medina County judge, and a regional water alliance witness, who described severe stress on the Edwards Aquifer, low levels at Medina Lake, and the need for a local water-supply tool. The bill was left pending. House Bill 5559, which would clarify enforcement of drought contingency plans for investor-owned water utilities and involve the PUC in model plan development, received support from groundwater district representatives but also concerns from water company and utility witnesses about enforcement authority, approval procedures, and potential conflicts with existing obligations to provide continuous service; the committee substitute was withdrawn and the bill was left pending. House Bill 5560, which would raise the maximum civil penalty for certain groundwater conservation district enforcement actions from $10,000 to $25,000 per violation, prompted debate over whether current law is already sufficient; supporters said the higher cap would better deter overpumping, while opponents argued existing penalties are already severe. That bill was also left pending, and the committee adjourned subject to call of the chair.
TX

Texas 89th 2nd C.S.

Natural Resources Apr 16th, 2025

Natural Resources

Transcript Highlights:
  • The Texas Water Trust was established in 1979 by the legislature as a Representative Romero: program
  • Currently, all surface water rights placed in the trust must be reviewed and approved Representative
  • This bill introduces groundwater rights into the Texas Water Trust for the first time Representative
  • The bill Representative Romero: encourages voluntary transfer of surface water rights into the trust
  • Texas, the Texas Water Trust allows landowners to donate Vanessa Puig Williams: both groundwater and
TX

Texas 89th Regular

S/C on Family & Fiduciary Relationships Apr 14th, 2025

S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • individuals receive distributions.
  • For trusts where the income and principal are paid to the same beneficiaries, under the same distribution
  • This bill relates to statutory trust accountings when a beneficiary sends a trustee a trust accounting
  • Chapter 116 of the Trust Code defines what is trust income and what is trust principal, and it can be
  • are receiving both trust income and trust principal.
OK

Oklahoma 2026 Regular Session

Rules Apr 23rd, 2026 at 08:30 am

Rules

Transcript Highlights:
  • So, we move $1 billion over to this new fund, which we're calling the Oklahoma's Futures Trust Fund.
  • whether we keep our word to the people of Oklahoma when voters created the Tobacco Settlement Endowment Trust
  • It removes 1 billion from the foundation of that trust.
  • Currently, it's in a system with as an endowment trust, where it is protected from political divisiveness
AZ

Arizona 2026 Regular Session

03/04/2026 - Senate Regulatory Affairs and Government Efficiency

Regulatory Affairs and Government Efficiency

Transcript Highlights:
  • What we're looking at is we have laws for child actors to make sure that their money going into trust
  • So it clearly defines the type of trust account that it has to go into, which is very similar to that
  • Is that money that's in that trust, has that earned?
  • Once you hit the age of 18, then you would be entitled to the revenues of that trust.
  • That trust is yours, regardless of whether that video stays up.