Transcript Highlights:

• > what<00:20:40.360> this financial institution is, what this financial institution is,
• <00:29:43.400> institutions drove her to her financial institutions drove her to her financial
• That's the federal financial FinCEN.
• opportunities for trusted financial opportunities for trusted financial institutions.<01:09:48.080
• Committee on Blockchain, Financial Committee on Blockchain, Financial Technology,<01:29:11.440><

Bills: HB0098, HB0075, HB0041, HB0101

Keywords: gun control, Second Amendment, constitutional rights, misdemeanor, law enforcement, virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, death benefits, retirement, survivor support, public safety, guardianship, monitoring, ward protection, financial independence, case management

Transcript Highlights:

• Senators, if you will please take up Tab 1, Senate Bill 964 on financial disclosures by Senator Wright
• by deleting the current statutory language that requires Form 10 to be filed with the individual financial
• The reason is that the financial disclosures that are required are electronically filed, and this particular

Bills: S0964

Keywords: financial disclosures, ethics, government transparency, gift reporting, procurement

Summary: The committee convened with a quorum present and Senator Polsky excused. The main bill heard was Senate Bill 964, sponsored by Senator Wright on behalf of Senator Stewart, which revises financial disclosure reporting requirements for certain gifts and honoraria. The bill is intended to conform the filing process for Ethics Commission Form 10 by clarifying that it is filed with the Commission, rather than attached electronically to financial disclosure forms, and to allow the Commission to update its rules accordingly. Carrie Stillman, executive director of the Ethics Commission, testified in support of the bill, saying it clarifies the filing location and reflects current practice. There was no debate, and the committee voted unanimously to report SB 964 favorably. The committee then took up confirmation hearings for appointments listed in Tabs 2 through 15. No appointee was requested to be heard separately, and the committee approved all of the nominees in one vote. The meeting concluded after a motion to rise was adopted.

Transcript Highlights:

• <00:03:51.560> skills just really taught me Financial skills just really taught me Financial
• I'm sure they will but from a financial I'm sure they will but from a financial impact<00:19:09.320
• statement of MMB mmb's financial statement of MMB mmb's financial<00:59:04.839> statements<00
• <01:04:44.359> of adequately regulate the financials of adequately regulate the financials
• of financial of financial review<01:24:53.239> my<01:24:53.480> financial<01:24:53.880

Bills: HF1063

Keywords: grain buyers, grain dealer, grain elevator, agriculture, financial reporting, audit, CPA review, independent accountant, financial statement, balance sheet, cash flow, nonpublic data, licensee oversight, Minnesota Department of Agriculture, grain purchase volume, insolvency, nonpayment, warehouse chain, fiduciary duties, producer protection

Bills: SB 629, SB 1015, SB 2501, SB 2933

Keywords: child support, interest accrual, family law, delinquency, financial judgment

Transcript Highlights:

• financial system?
• our financial system?
• We don't see outside financial crises.
• . in the financial system as well.
• Well the stability of our banking system.

Keywords: legislation, housing affordability, financial regulation, public testimony, accountability, oversight

Summary: The meeting involved significant discussions around key legislative proposals, primarily focusing on various bills such as HB2 and SB5. The committee examined the implications of these bills on issues like housing affordability and financial regulation. Notable members engaged in debates, providing differing perspectives on the potential economic impacts of the proposed bills. The meeting witnessed public testimony, which included a call for accountability in government actions and oversight of current financial policies. Members echoed concerns about following through on commitments to address critical issues affecting everyday Americans.

Bills: HR3, HR80, HB4, HB172, HB189, HB623, HB944, HB1185, HB1199, HB1222, SB105, SB125, SB461

Keywords: housing assistance, state-owned property, cost-burdened, state employees, affordable housing, fiscal audit, higher education, public funds, underrepresented minorities, Board of Regents, Louisiana legislation, constitutional convention, Louisiana constitution, electoral process, government structure, delegate elections, airport authority, fire protection, supplemental pay, public safety

Transcript Highlights:

• guidelines, not only in statute that you all have put in over the years, especially since the 2008 financial
• changes to this bill, is there a concern that some school district will find themselves in a terrible financial

Bills: HB2143, HB2273, HB2290, HB2373, HB2784, HB2794, HB4037

Keywords: public safety, retirement system, investments, trust fund, board of trustees, financial report, income tax rebate, Pinal County, taxpayer eligibility, state revenue, financial assistance, transaction privilege tax, business location, tangible personal property, shared vehicle, sourcing, income tax, veterans, donations, tax refunds

Summary: The House Ways and Means Committee first set aside House Bill 2794 at the sponsor’s request and then took up House Bill 2290, which would clarify Arizona transaction privilege tax sourcing rules for tangible personal property by specifying that an order is received at a seller’s business location and that server location does not control sourcing. The sponsor said the bill codifies existing, historic treatment and would provide certainty for taxpayers, while the League of Arizona Cities and Towns opposed it, arguing it would be a major departure from current practice, could shift revenue away from rural communities, and could create multiple tax rates for a single transaction. The Department of Revenue said it was neutral, acknowledged ongoing ambiguity and administrative complexity, and explained that a 2023 draft ruling had been based on a legal analysis but was never finalized. Several business and association witnesses supported the bill as necessary to prevent inconsistent audits and to preserve origin-based sourcing for in-state sellers. After extended debate, the committee passed HB 2290 on a 5-3 vote, with one member absent. The committee then heard House Bill 2373, which would add a space on the individual income tax return for taxpayers to voluntarily direct part of a refund to the Veterans Donations Fund or a veterans service organization fund. The sponsor and a representative of veterans advocacy groups described it as a simple, voluntary way to support veterans organizations and local projects. No opposition was raised, and the bill was approved unanimously by the members present, 8-0, with one absent. Finally, the committee considered House Bill 2143, a technical change to Public Safety Personnel Retirement System law that would limit the 5% ownership cap to publicly traded corporations. PSPRS representatives said the change would reduce compliance costs and avoid unnecessary workarounds while maintaining existing investment safeguards and diversification rules. Members discussed that ASRS does not have the same cap and that PSPRS already has broader limits on concentration risk. The bill was presented as an administrative cleanup measure, and discussion focused on clarifying that it would not increase investment risk.

Bills: SF0024

Keywords: lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Bills: SF0024

Keywords: lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Transcript Highlights:

• before, we issued a water report to and flood report to the legislature outlining some of the needs financially
• So the Texas Water Development Board does not have statutory ability to provide financial assistance
• Uh, for You know, provide financial assistance, mostly loans, uh, for the development of, of water, wastewater
• And so the financial assistance that we can provide again to public entities, uh, could be used for landowner

Bills: SB 7

Keywords: water infrastructure, financial assistance, Texas Water Development Board, water supply, environmental sustainability

Transcript Highlights:

• within the Department of Insurance and Financial Institutions when receiving a completed request for
• A social credit score is a system that ranks individuals based on behavior rather than financial risk
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.

Bills: HB2016, HB2104, HB2105, HB2174, HB2256, HB2289, HB2477, HB2903, HB2939, HB2979, HB2996, HB4103

Keywords: tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land

Summary: The committee first approved the March 9, 2026 minutes and held House Bills 29 and 2939 at the sponsor’s request. It then took up House Bill 2016, which would eliminate the late-filing penalty for taxpayers with zero income tax liability; after discussion about whether taxpayers still need to file to establish that they owe nothing, the committee adopted an amendment narrowing the bill to income tax filers and passed the bill 4-3. The Department of Revenue said it was neutral on the bill but supported the amendment. The committee next heard House Bill 2289, which updates the property-value examples used in bond/override election pamphlets and truth-in-taxation notices from older low values to $300,000. Supporters said the figures are outdated and should better reflect current home values; opponents questioned whether $300,000 was the best benchmark and whether adding another example would confuse voters. The bill passed 4-3. The committee also approved House Bill 4103, which bars school districts from calling bond elections if enrollment is below 50% of capacity. Supporters argued districts should use or monetize excess space before asking taxpayers for more debt, while school administrators and others said the measure would block needed maintenance, safety upgrades, and local decision-making. It passed 4-3. Two related agricultural property bills, House Bills 2104 and 2105, were both amended and passed 4-3. HB 2104 creates a four-year period after a successful agricultural property tax appeal during which assessors generally may not reclassify or reinspect the property absent changes in use, ownership, splits, or improvements. HB 2105 requires advance notice of inspections and inspection reports and provides a three-year inspection exemption after the most recent inspection, with similar exceptions. Farm and ranch groups said the bills provide fairness and certainty after successful appeals; county assessors opposed them as limiting oversight and creating unequal treatment. The committee also passed House Bill 2256 unanimously, which sets notice and title procedures for salvage auction dealers when insurance claims are denied or unpaid, and House Bill 2979 unanimously, which updates credit union regulatory timelines and procedures. Later, the committee passed House Bill 2996 unanimously, clarifying that certificates of insurance are informational only and cannot expand coverage or rights, with penalties for misrepresentations. It also heard House Bill 2174, which renames and updates regulation of insurance modeling and data organizations, requires model filings, and revises related reinsurance provisions; the discussion focused on how DIFI would regulate models versus the companies that create them, but no vote was taken in the portion provided. Finally, House Bill 2477 was introduced to conform Arizona’s 529 plan to federal law by increasing the K-12 withdrawal limit to $20,000, adding post-secondary credentialing expenses, and allowing rollovers to ABLE accounts and Roth IRAs if requirements are met; the sponsor and Treasurer’s Office supported it as a cleanup/conformity measure, and discussion began on how the new rollover options would work.

Bills: HR17, HB385, HB406, HB787, HB1021, HB1058, HB1059

Keywords: education, investment, workforce development, TOPS, higher education, repayment, scholarships, academic eligibility, financial aid, athletics, high school sports, state report, student wellness, computer science, scholarship, curriculum requirements, workforce training, education funding, data administration, financial assistance

Transcript Highlights:

• provides lawmakers with comprehensive, data-driven insights into the economic, environmental, and financial
• to necessary data to make informed decisions on how to address the economic, environmental, and financial
• analysis and the in-house... ...for financial analysis and the in-house talent of economists seems to
• Yes, sir, Ron Steffa, a chief financial officer for the Texas Department of Criminal Justice, and yes
• Trey Wood, chief financial officer for HHSC.

Bills: SB825

Keywords: illegal immigration, economic impact, environmental impact, financial impact, annual study, Texas, government report

Summary: The Senate Committee on Border Security heard testimony on Senate Bill 825 by Senator Middleton, as substituted, which would require an annual or biennial study of the economic, environmental, and financial impacts of illegal immigration in Texas. Middleton said the bill is intended to provide lawmakers with comprehensive data on costs to law enforcement, health care, education, infrastructure, and taxpayers, and to support possible federal reimbursement claims. Several senators, including Hinojosa and Eckhardt, agreed that a study is needed but raised concerns about bias, the scope of the study, and whether the Comptroller’s Office rather than the governor’s office should conduct it. Middleton argued the governor’s office was the best coordinating entity because it could direct multiple agencies to provide data, while Hinojosa and others emphasized the Comptroller’s expertise and prior 2006 study. Public testimony was generally supportive of the idea of a study but critical of the bill’s framing. Sarah Cruz of the ACLU of Texas said the study should be a full cost-benefit analysis and warned that focusing only on costs could create an anti-immigrant narrative. Danny Woodward of the Texas Civil Rights Project also supported the concept but recommended moving the study to the Comptroller or, alternatively, creating a neutral commission. Jaime Pointe of Every Texan likewise supported updating the 2006 analysis and said state agencies should be able to cooperate with a governor-led study. Resource witnesses from the governor’s office, HHSC, TEA, OCA, TDCJ, and DPS explained that data collection would be uneven across agencies. HHSC and TEA said they often do not collect immigration status and, in TEA’s case, federal law limits schools from requesting such information; OCA and TDCJ said they could provide only partial or indirect data unless new reporting requirements were added. DPS said it already has Operation Lone Star data but would need to collect additional information if tasked with the broader study. The chair asked the governor’s office to provide a follow-up answer on separation-of-powers and related authority questions by the following Tuesday, and the committee recessed subject to the call of the chair without taking a vote on the bill.

Transcript Highlights:

• At the same time, they raise concerns and questions about consumer protection, financial stability, and
• So under current law, financial institutions are subject to the Bank Secrecy Act.
• That's true in traditional financial and payment services as well.
• I think we are dealing in financial.
• But if we're going to ultimately intertwine this with the financial system...

Keywords: Digital Assets, Bitcoin, Stablecoins, Legislation, Bipartisan, Consumer Protection, Regulatory Framework, Financial Innovation, Testimony

Summary: The inaugural meeting of the Digital Assets Subcommittee brought a wave of excitement and anticipation regarding the future of digital assets, including Bitcoin and stablecoins. Chair Lummis expressed gratitude towards Senator Scott for establishing the subcommittee, indicating a commitment to promote responsible innovation while safeguarding consumers. Members discussed the necessity for a bipartisan legislative framework to regulate digital asset markets effectively while outlining the potential benefits such legislation could have on enhancing financial inclusion and streamlining payments. The meeting featured expert testimonies from key figures in the digital asset industry, highlighting the importance of creating clear regulatory guidance for digital assets to foster innovation without compromising consumer protections.

Keywords: Business and Financial Institutions - Room 216, 25 March, 2026; 9:30 AM, 925, all

Keywords: Business and Financial Institutions - Room 216, 12 March, 2026; 1:45 PM, 925, all

Transcript Highlights:

• [clears throat] Go ahead and begin with HB 1719, prevention strategies on financial fraud. >> Yes.
• This House Bill 1719 is a study committee to study prevention strategies for financial fraud and other
• So would this committee be reviewing, you know, like any financial frauds across the spectrum, but not
• Um, and it's, as you financial scams.
• would it would be around financial would it would be around financial securities<00:03:19.200>

Keywords: Business and Financial Institutions - Room 216, 2 March, 2026; 4:30 PM, 925, all

Summary: The committee took up several House bills related to fraud prevention and business filing procedures. On HB 1719, members discussed creating a study committee to examine prevention strategies for financial fraud and related scams, with the sponsor citing a sharp increase in securities division investigations and the need to coordinate among multiple state agencies. Questions focused on whether the study would include deed fraud and veterans’ fraud; the sponsor said the committee was initially aimed at securities fraud but could be expanded, and noted the Veterans Affairs director was included. An amendment adding the president of the Mississippi Bankers Association or designee was adopted, and the bill was given a do pass strike all recommendation. HB 1532 would allow the Secretary of State to remove fraudulent business filings and protect personal information used without consent. The sponsor explained that current law does not let the office remove a filing even when someone’s name, address, or phone number is used fraudulently, and said the bill would create a process to investigate complaints and take down fraudulent filings. Members clarified that the bill would not address scam solicitation letters sent to businesses, only fraudulent filings themselves. The committee then voted title sufficient, do pass. HB 1642 would move dissolution notices for corporations and LLCs to electronic notice. The sponsor said Mississippi already requires email addresses on filings and has been sending both email and mailed notices, but the bill would allow email-only notice and save about $65,000 in mailing costs while improving response rates. After concerns were raised about whether electronic notice alone was enough before a business is dissolved, the committee adopted a reverse repealer amendment to keep working on the issue, then reported the bill out with a title sufficient, do pass strike all recommendation and rose and reported.

Keywords: Business and Financial Institutions - Room 409, 26 February, 2026; 9:15 A.M., 925, all

Keywords: Business and Financial Institutions - Room 216, 3 February, 2026; 1:00 PM, 925, all

Transcript Highlights:

• That has in turn created this limbo where financial institutions are essentially forced to then store
• I think it gives another layer of protection to the financial institutions if they send it registered
• 00:20:58.400> protection<00:20:59.280> to<00:20:59.520> the<00:20:59.760> financial
• layer of protection to the financial layer of protection to the financial institutions<00:21:00.880

Keywords: Business and Financial Institutions - Room 409, 2 February, 2026; 2:00 P.M., 925, all

Summary: The committee first took up Senate Bill 2725, which would shorten the required hold period for pawn brokers on precious metal coins and bullion from 21 days to 3 days, change fingerprinting renewal from annually to every three years to match FBI requirements, and make a technical address update. The sponsor and a Mississippi Pawn Brokers Association representative said the change was needed because gold and silver prices are volatile and pawn brokers are disadvantaged compared with jewelry stores. After questions about whether the bill affected pawn loans, the committee adopted a do pass motion and passed the committee substitute. Next, Senate Bill 2530 on perpetual care cemeteries would raise the trust-fund threshold from $50,000 to $75,000 and allow longer-term CDs so cemetery funds can earn more interest. Members discussed Secretary of State oversight, annual reporting, and the fact that only interest, not principal, may be used for cemetery care. The committee then moved the bill out with a title sufficient do pass recommendation. The committee also considered Senate Bill 2712, which would allow small lenders to charge up to a $10 fee for insurance in lieu of filing a UCC on certain collateralized loans. It was described as a way to reduce costs and follow guidance from the Department of Banking and Consumer Finance, and it was passed out on a do pass motion. Senate Bill 2714, a major unclaimed property bill, drew extended discussion about creating a legal process for abandoned safe deposit boxes: banks would inventory contents with a notary and two officers, notify owners and heirs, transfer contents to the Treasurer after notice periods, and allow the Treasurer to auction items while preserving proceeds for claimants. Members raised concerns about notice methods, privacy, wills and other documents, and whether first-class mail should be changed to registered mail; the committee adopted a conceptual amendment to use registered mail and added a reverse repealer, then passed the bill out. Finally, Senate Bill 2732 was introduced to combat identity theft by allowing a child’s credit to be frozen at birth through a form provided with the birth certificate. The sponsor said the bill is aimed at protecting minors from fraud and noted that credit freezes and unfreezes are free. The discussion was brief, and the bill was presented as a consumer protection measure for children.