Video & Transcript : 'treatment program' :
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AZ
Arizona 2026 Regular Session
02/17/2026 - House Democratic Caucus Calendar #6
Transcript Highlights:
- assistance program.
- Madam Chair and members, HB 2824, Capital Improvement Financing Program, establishes a C-PACE program
- Madam Chair and members, HB 2824, Capital Improvement Financing Program, establishes a C-PACE program
- , with an exception for the livestock loss program.
- with an exception for the livestock loss program.
Summary:
The caucus reviewed a large number of House bills, mostly on third-read consent or for floor strategy, covering education, health, water, land, energy, housing, taxation, and public safety. Topics included ESA administration funding, AI in schools and legal communications, towing and DUI changes, health facility licensing and nursing records, internationally trained physicians, nurse anesthetist reimbursement, childhood cancer research, cybersecurity encryption, school mental health instruction, superintendent pay and benefits, adoption disclosures in college health settings, anti-Semitism provisions, school safety firearms authorization, coerced abortion penalties, domestic violence testimony standards, border health and terrorism-related bills, and multiple water, land, and state trust land measures. Several members flagged concerns about unfunded mandates, local control, constitutional issues, and special legislation, while others supported bills as technical fixes, public safety measures, or ways to expand access and funding.
A number of bills were pulled from consent for further discussion, including HB 2020, HB 2093, HB 2386, HB 2481, HB 2575, HB 2906, HB 2040, HB 2136, HB 2665, HB 2904, HB 2957, HB 2044, HB 2352, HB 2667, HB 2830, HB 2307, HB 2425, HB 2426, HB 2427, HB 2497, HB 2751, HB 2780, HB 2804, HB 2926, HB 4030, and HCR 2052, among others. Some bills were noted as unanimous or split votes, and several were described as party-line or having constitutional problems. The caucus also discussed committee amendments on multiple measures, including changes to water, land, health, and AI bills.
The meeting ended with a series of remarks on the late Reverend Jesse Jackson and an “affordability award” presentation to Representatives Lorena Austin and Simacek for work on economic justice and working families. The caucus then adjourned.
US
US Federal 2025-2026 Regular Session
Business meeting to consider an original resolution authorizing expenditures by the committee during the 119th Congress; to be immediately followed by a hearing to examine eliminating waste by the foreign aid bureaucracy. Feb 13th, 2025 at 09:00 am
Homeland Security and Governmental Affairs Committee
Transcript Highlights:
- $20,000 to fund a DEI program for a drag theater in Ecuador. $20 million was spent in Colombia.
- and other government programs because they need to pass a cost-benefit analysis.
- Reagan would not be proud of these programs today.
- There are programs that help us care for orphans.
- There are programs that help us care for people with HIV. Those are important programs.
Keywords:
fiscal responsibility, government waste, foreign aid, funding resolution, legislative oversight
Summary:
The committee meeting addressed government spending and foreign aid, with a particular emphasis on perceived wasteful expenditures. A significant portion of the meeting was dedicated to discussing a funding resolution for the committee, which received unanimous support from the members present. The chair noted a quorum at the beginning of the meeting, signaling that the committee was ready to conduct its business. Discussions highlighted ongoing debates concerning fiscal responsibility and the necessity of legislative oversight, notably regarding foreign aid allocations and their implications for domestic fiscal health.
AR
Arkansas 2026 1st Special Session
ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE Mar 16th, 2026
ALC-HOSPITAL, MEDICAID, & DEVELOPMENTAL DISABILITIES STUDY SUBCOMMITTEE
Transcript Highlights:
- We also have an organized care model called the PASS program.
- We also have an organized care model called the PASS program.
- So the UPL program, or the upper payment limit program, was established by federal statute to be used
- The upper payment limit program, or access payment program, is limited to the private hospitals currently
- Our PAS program is a 1915(c) waiver. We have 1115 waivers for the expansion program.
Summary:
The subcommittee met to review Department of Human Services hospital payments in Arkansas Medicaid, with DHS Secretary Janet Mann and Deputy Secretary Misty Eubanks presenting first, followed by Arkansas Hospital Association Executive Vice President Jody Ann Tritt and a brief comment from Arkansas Children’s. DHS outlined the main hospital payment streams: fee-for-service per diem payments, upper payment limit (UPL) supplemental payments, cost settlements, and smaller payments such as graduate medical education and disproportionate share hospital funds. Members asked for plain-language explanations of cost settlements, why per diem rates vary by hospital type, and why UPL applies to private hospitals. DHS said cost settlements and UPL are mechanisms to help offset Medicaid underpayment, with SFY 2025 hospital payments totaling hundreds of millions of dollars and no general revenue used for supplemental payments beyond the state share funded through hospital assessments and related financing structures.
Committee members focused heavily on whether Arkansas hospitals are adequately reimbursed and why rural hospitals struggle. Tritt explained that critical access hospitals, rural emergency hospitals, PPS hospitals, and specialty hospitals operate under different federal and state rules, and said lower per diem rates for some facilities help with cash flow and later cost settlement adjustments. She said Arkansas hospitals are under financial strain, citing a negative patient services margin statewide and noting that Medicaid, Medicare, and commercial payers all contribute to the problem. She also said the association had just authorized a statewide survey of hospital finances and costs, which she expected would take about a year to complete.
A major theme was commercial insurance reimbursement. Tritt argued Arkansas hospitals are paid far less than hospitals in neighboring states even though premiums are similar, and said administrative burdens, prior authorizations, and denials add to the problem. She said hospitals receive about 52 to 53 cents on the dollar for Medicaid costs without UPL and about 78 cents with UPL, still below cost. Members also discussed Medicare wage index issues, Medicare Advantage, and whether hospitals could use technology or alternative arrangements to improve finances. No votes were taken on the hospital presentation.
At the end of the meeting, DHS provided a brief update on Living Choices and assisted living reimbursement. Officials said one assisted living facility, Pillars of the Community in Crossett, had announced closure, with nine waiver clients being transitioned to other settings. DHS said the current cost reporting period was underway and that a new rate study could be ready for review before the end of the fiscal year if reports were submitted on time. Members also asked about the broader waiver plan, and DHS said the next waiver iteration would likely be brought back to the committee in the summer.
DE
Delaware 2025-2026 Regular Session
Senate Environment, Energy - Transportation Committee Meeting Jun 18th, 2026
Transcript Highlights:
- Europe has adopted this program of when you come in.
- Most exempt hunters and trappers already complete these education programs voluntarily.
- Ivermectin, for say, treatment of mange in foxes.
- We have a tick program which we're exploring for applying insecticides to deer as a possibility.
- So as part of their training program and stuff, they would know what they can and can't do.
Summary:
The committee met in hybrid format on June 18, 2026, but initially lacked a quorum, so minutes were not approved until later in the meeting after additional members joined. The committee heard a series of bills, with most receiving supportive testimony from sponsors, agency officials, advocacy groups, and frequent public commenter Robert Overmiller. Several measures focused on transportation and public safety, including HB 363 on residential speed limits, HB 384 extending DelDOT open-end contracts from three to five years, HB 413 allowing green flashing lights on road work and emergency vehicles, HB 456 streamlining subaqueous lands permitting, and HB 388 letting drivers with temporary medical suspensions keep their license for ID purposes while being flagged in the system as not allowed to drive. Members asked questions mainly about implementation, enforcement, and scope, and sponsors or agency witnesses explained that the bills were intended to improve safety, efficiency, and administrative clarity.
The committee also took up HB 111, which would require single-use food service items such as utensils, straws, napkins, and condiments to be provided only upon request, with exemptions for schools, nonprofits, health care facilities, correctional facilities, and similar settings. Supporters, including Plastic Free Delaware and the Sierra Club, said the bill would reduce waste and save businesses money, while opponents from the restaurant industry argued it could confuse customers, hurt tourism, and be difficult to enforce. Sponsors emphasized that restaurants could still ask customers if they wanted items and that the bill included a phase-in period and capped penalties. The committee also heard HB 393, a consumer protection bill for third-party electric suppliers that tightens oversight, training, reporting, renewal notices, and rate limits after concerns about misleading sales and unexpectedly high bills; it drew support from environmental advocates and members who had seen constituent complaints.
Finally, the committee heard HB 412 on hunting and trapping education and wildlife drug administration, which was described as a safety and modernization measure and supported by the Division of Fish and Wildlife and sportsmen’s groups, and SB 346, which would speed up Environmental Appeals Board hearings and decisions. SB 346 drew broad support from DNREC, the Nature Conservancy, the Sierra Club, and business groups, though one witness asked to clarify that Superior Court appeal rights would remain intact; DNREC confirmed they would. The committee also approved the June 10, 2026 minutes after quorum was established, and the meeting ended with a motion to adjourn and unanimous approval.
NJ
Transcript Highlights:
- The problem this bill solves is that we haven't created a program for it yet.
- An EDA program, an advisory commission, technical assistance, consultants, feasibility studies at about
- If we want to help New Jersey businesses, stop creating programs like this and start removing obstacles
- This program is being run through Rutgers, and we should have Rutgers' MBA program provide these services
- Reed Funk, who was the father of this revolutionary program.
NM
Transcript Highlights:
- The state agency appropriations are under capital program funds.
- And so for a program that's only been costing 1 million a month.
- This is such an important program, and I truly urge your support. Thank you.
- This program provided significant support for us.
- Program fund. Mr. Chair and Senator Trujillo, great question.
Committee:
Senate Senate Finance
KY
Kentucky 2025 Regular Session
Make America Healthy Again Kentucky Task Force (11-5-25)
Transcript Highlights:
- </c> Tobacco Prevention and Control Program. Tobacco Prevention and Control Program.
- </c> programs offer glucose monitor. programs offer glucose monitor.
- </c> medicine program in eastern Kentucky. medicine program in eastern Kentucky.
- Um programs.
- , which is sort of a program within a program.
Summary:
The task force opened with a moment of silence for the Louisville UPS plane tragedy, approved the October 15 minutes, and reminded members to submit policy recommendations before the December 16 meeting, when the group will discuss its report to LRC. The first informational presentation, from the Department for Public Health, focused on youth vaping. Elizabeth Good and Julie Brooks cited a recent Surgeon General report warning that youth vaping can harm brain development, mental health, lungs, asthma, and hormones, and noted Kentucky survey data showing 8.7% of students reported daily vaping and 19.7% used vaping products in the prior 30 days. They described prevention and cessation resources including Catch My Breath, I Can End the Trend, Not on Tobacco, My Life, My Quit, Quitline services, and the Kentucky TRUST retailer education program, which trained 3,371 individuals in 2024 and distributed 253 Tobacco 21 toolkits.
The next presentation came from Kentucky ABC on implementation of SB 100, which created the division of tobacco, nicotine, and vapor product licensing. Commissioner Scotty Tracy and Jamar Carter said all retailers selling tobacco, nicotine, or vapor products must be licensed, regulations were filed October 31, 2025, and the online application portal is live. In response to questions about sales to minors, they said violations carry escalating fines for clerks and owners, with a fourth violation resulting in no license renewal for two years and unpaid fines also blocking renewal. They said complaints can be submitted through the portal, by phone, or on the ABC website, and enforcement investigates tips and may use underage compliance checks.
The committee then heard from Kim McKenna Johnson of One Cross Community Health, who argued for a “deficiency-first” and holistic approach to care centered on nutrition, lifestyle, and targeted supplementation. She said her clinic serves more than 7,000 patients in Taylor and Marion counties and described a model that includes primary care, behavioral health, functional medicine, addiction recovery, and chronic care. She cited Kentucky health rankings, claimed nutritional deficiencies cost the state billions, and said many children are overprescribed while undernourished. She urged broader insurance coverage for nutritional testing and supplements, rural demonstration grants, and Medicaid pilots for clinically prescribed supplements. Members asked about testing costs, dietitian support, long-term cost savings, compliance, and whether medications are often used to prevent damage from noncompliance; the presenter said the lab tests are generally covered, supplements are the main cost barrier, and seeing lab results can improve family buy-in. No votes were taken during the meeting.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Labor and Workforce Development Jun 21st, 2026 at 11:00 am
Joint Committee on Labor and Workforce Development
Transcript Highlights:
- For smaller contractors that operate their own company-specific programs.
- and set ratios for that program.
- and set ratios for that program.
- This program is similar to pre-tax programs offered by employers for health care and child care expenses
- So I don't think an optional program will work.
Summary:
The Joint Committee on Labor and Workforce Development held a hybrid hearing on a large group of bills carried over from the previous session, with Chair Jake Oliveira and House Co-Chair Paul McMurtry outlining the process and limiting testimony to three minutes. The committee heard testimony on several labor and workplace proposals, including bills to harmonize employee definitions to address misclassification (SB 1338/HB 2141), expand bereavement leave (including H. 2189/S. 1354 and related bills), protect collective bargaining rights for certain administrative employees (HB 268/SB 1306), expand commuter transit benefits (HB 2153/SB 1345), regulate employer use of credit reports (S. 1286), and require apprenticeship participation or OSHA-related workplace safety measures on public projects. At the end of the hearing, the chairs read into the record additional bills that did not receive testimony that day.
Supporters of the misclassification bill, including Greater Boston Legal Services and the AFL-CIO, said aligning the employee-status tests across wage, unemployment, and PFML laws would reduce confusion, improve enforcement, and help workers wrongly treated as independent contractors or managers recover benefits and bargaining rights. NAGE and its representative argued that public-sector employees have been improperly reclassified into management titles to weaken unions, and that the bill would force the Division of Labor Relations to review those titles. On bereavement leave, advocates including the Louis E. Brown Peace Institute, a state representative, the Massachusetts Office for Victim Assistance, and individual survivors described the impact of sudden loss and homicide on families, saying guaranteed leave would help workers grieve, make arrangements, and avoid losing jobs or custody-related stability. The committee also heard support for commuter benefits as a low-cost way to reduce emissions and increase transit use, and for restricting employer credit checks because of inaccuracies and discriminatory effects.
There was opposition to some construction-related bills. The Associated Builders and Contractors and the Building Trades Employers Association supported apprenticeship training in principle but said current apprentice-to-journeyworker ratios are outdated or misunderstood, and that the bills should be amended or clarified before advancing. The Massachusetts landscape and snow-removal industry strongly supported a snow-liability limitation bill, arguing that hold-harmless clauses and broad indemnification requirements force contractors to assume liability for conditions they cannot control, drive up insurance costs, and threaten business viability. The committee did not take any votes during the hearing, and the session ended with the chairs thanking members, staff, and the public before adjourning.
AZ
CA
California 2025-2026 Regular Session
Joint Hearing Assembly Privacy and Consumer Protection Committee and Senate Judiciary Committee Dec 8th, 2025
Transcript Highlights:
- the theory that Universal had in the Sony Betamax case, if every copy that was made of television programs
- theory that Universal had in the Sony Betamax case, right, if every copy that was made of television programs
- the creative community has been helping each other, to pay for their food and also their cancer treatment
- the creative community has been helping each other, to pay for their food and also their cancer treatment
- industry, a member of Animation Guild 839, and an educator at San Jose State University's animation program
Summary:
The Senate Judiciary Committee and Assembly Privacy and Consumer Protection Committee held an informational hearing at Stanford on the intersection of artificial intelligence, copyright, transparency, and California’s creative economy. Chairs and members emphasized that the hearing was not on a specific bill and no vote would be taken. Opening remarks framed the issue as balancing protection for artists and other rights holders with the need to keep AI innovation and related economic activity thriving in California, while noting that federal action is unlikely and that state policy may influence national standards.
The first panel featured Professor Pamela Samuelson and Stanford researcher Rishi Bommasani. Samuelson reviewed the current copyright litigation landscape, including dozens of lawsuits over AI training, and explained the fair use framework, the Google Books precedent, and the uncertainty around newer theories such as market dilution. She said states can likely regulate transparency, deepfakes, privacy, and safety, but warned that some proposals may be preempted by federal copyright law. Bommasani described widespread opacity around training data among major California AI companies, discussed AB 2013 and the EU AI Act as transparency models, and identified gaps in disclosure design, enforcement, and whether transparency alone can address copyright and IP concerns. Members asked about open-source models, opt-outs, machine unlearning, user data, and state options for protecting creators.
The second panel included SAG-AFTRA board member Jason George, Animation Guild president Danny Lynn, and OpenAI copyright counsel Mark Gray. George and Lynn argued that AI training on performers’ and artists’ work without consent or compensation threatens jobs, bargaining power, and reputations, and they supported stronger transparency and licensing requirements so creators can identify when their work is used. Gray said AI is already being used as a productivity tool and highlighted partnerships between AI companies and publishers, record labels, and studios, while arguing that specific harmful uses such as deepfakes should be regulated directly rather than restricting general-purpose AI development. Committee members discussed labeling and watermarking of AI-generated content, transparency around model use, and whether state law should require more detailed disclosure of training data; no formal action was taken.
WY
Wyoming 2026 Regular Session
Health Insurance Affordability Task Force, June 17, 2026 - AM
Health Insurance Affordability Task Force
Transcript Highlights:
- </c> there's a couple of different programs there's a couple of different programs that<01:50:53.400>
- </c> program that insurers can do often use. program that insurers can do often use.
- We ran a hot spotting type program<01:52:17.480><c> and</c> program and program and we<01:52:18.560><
- </c> you're below 100%, there's a program you're below 100%, there's a program called<02:19:03.120><c
- </c><02:44:58.440><c> that</c> talk about the wellness programs that talk about the wellness programs
NM
Transcript Highlights:
- calculation for size adjustment program units, amending the statewide Cyber Academy Act and renaming
- , placing restrictions on student enrollment in distance learning programs, and providing exceptions,
- If many of you have enjoyed the treatments from Dr.
- If many of you have enjoyed the treatments from Dr.
- If many of you have enjoyed the treatments from Dr.
Summary:
The Senate convened with a quorum, opened with prayer and the Pledge, and agreed by unanimous consent to allow cameras on the floor and gallery, excuse several senators, and move to announcements and miscellaneous business. The chamber then adopted a ceremonial resolution honoring Lieutenant Governor Howie Morales for his years of service as Senate president and lieutenant governor, followed by extensive remarks from senators and Governor Michelle Lujan Grisham praising his leadership, fairness, education advocacy, and personal kindness. Morales briefly responded, thanking members, the governor, and his family, and noting he would offer fuller remarks on his final day.
After messages from the House were read, the Senate adopted several committee reports. These included favorable action on Senate Memorial 31; House Judiciary Committee substitute for House Bill 70; House Bill 124, referred to Finance; Senate Joint Resolution 6, referred to Judiciary; Senate Joint Resolution 7; House Bills 103, 154, 165, and 285 as amended; and the Finance Committee’s amended report on House Appropriations and Finance Committee substitute for House Bills 2 and 3. The Judiciary Committee also reported Senate Bill 104 as duly enrolled and engrossed, and the body noted that SB 104 had been signed in open session.
During personal privilege, Majority Floor Leader Peter Wirth discussed a State Ethics Commission advisory opinion on whether legislators who are attorneys may vote on medical malpractice cap legislation, arguing the issue is governed by Senate rules rather than the Governmental Conduct Act. He said he would continue to disclose his interests and vote under Rule 7-5, and also rejected a newspaper suggestion that he had a conflict in sponsoring a judgeship bill for the First Judicial District Court. The Senate then moved into third reading, beginning with Senate Rules Committee substitute for Senate Bill 264, which Senator Duhigg explained as an election-security measure responding to concerns about federal interference, intimidation, and emergency election disruptions; Senator Nava then spoke in support as a co-sponsor.
NH
New Hampshire 2026 Regular Session
House Public Works and Highways (01/27/2026)
Public Works and Highways
Transcript Highlights:
- The TAP program is fully programmed.
- for alternative programs, alternative funding programs.
- </c> green pro snow program. green pro snow program.
- </c> mandatory unfunded programs. mandatory unfunded programs.
- . program. program.
Committee:
House Public Works and Highways
AZ
Transcript Highlights:
- The intent of the program is to help people when they are struggling.
- I think the WIC program does it well, and this is where I drafted this bill to come off of the WIC program
- We don't really ask the program to show where all of that money is going.
- These programs protect children who have nowhere else to turn.
- Health and human services. 4126 individual savings plan program.
Summary:
The House convened with prayer, the Pledge of Allegiance, and several guest introductions and proclamations, including International Mother Language Day, Arizona Nurses’ Day, Environmental Day, Teamsters Local 104, and Arizona Aerospace Day. Attendance was recorded at 57 present, zero absent, and three excused. The chamber also announced committee meetings, bill referrals, and later adjourned until Thursday, February 12, 2026.
The main floor action centered on House Bill 2785, a taxation measure tied to federal tax conformity. Members debated whether Arizona should conform to federal tax changes, with supporters arguing it would validate current tax forms and provide tax relief, and opponents warning it would mainly benefit wealthy taxpayers and corporations while reducing state revenue. The bill passed 32-26 with two not voting. The House then resolved into Committee of the Whole for two calendars of bills.
In Committee of the Whole, the House advanced HB 2190, HB 2206, HB 2396, HB 2442, and HB 2448, all on health and human services topics, with amendments adopted on the first three. HB 2206 drew extended debate over SNAP payment error rates and whether the bill would impose an unfunded mandate and make benefits harder to access; supporters said it would reduce waste and save money, while opponents said it would set DES up for failure. HB 2396, which would restrict certain SNAP purchases, drew testimony over whether it would improve nutrition or unfairly limit low-income families and create a “food police” system. HB 2442 and HB 2448 also drew criticism over added SNAP work requirements and limits on agency waiver authority during recessions. The Committee later advanced HB 2688, HB 2689, HB 2690, HB 2796, and HB 2797, including bills on government staffing, hospital immigration-status data collection, unemployment benefits, SNAP eligibility/redeterminations, and fraud reporting. HB 2689 prompted sharp opposition over fears it would deter immigrants and mixed-status families from seeking medical care, while HB 2796 and HB 2797 were criticized as adding administrative burdens and duplicative SNAP checks. The House adopted the Committee of the Whole report, and a motion to amend the report to show HB 2689 failed was rejected 24-32.
TX
Texas 89th 2nd C.S.
Appropriations - S/C on Articles I, IV, & V Feb 27th, 2025
Appropriations - S/C on Articles I, IV, & V
Transcript Highlights:
- Moving on to item 5, the local mental health court liaison program.
- Moving on to item 3, the court text reminder program.
- Hidalgo County has begun to implement the program.
- Uh, so, uh, we signed a contract for the court reminder program in August.
- , either expansion or new programs.
WA
Washington 2025-2026 Regular Session
Senate State Government, Tribal Affairs & Elections Feb 16th, 2026 at 08:30 am
State Government, Tribal Affairs & Elections
Transcript Highlights:
- Women are expected to carry the weight of fertility treatment, pregnancy, and postpartum recovery with
- And just one more thing to reiterate is the state shared leave program is entirely voluntary.
- I believe this bill will open the shared leave program up to massive and multiple abuses.
- I believe this bill will open shared lead program up to massive and multiple abuses.
- I have donated more of my sick leave to existing shared leave programs than I have used for myself.
Keywords:
state employment, classified service, civil service, job qualifications, degree requirements, postgraduate degree, master's degree, doctorate, higher education, Office of Financial Management, OFM, classification plan, salary survey, market rate pay, compensation, workforce diversity, hiring reform, employment eligibility, work authorization, DACA
CA
California 2025-2026 Regular Session
Assembly Floor Session May 8th, 2025
California House Floor Meeting
Transcript Highlights:
- Rental assistance programs does not constitute discrimination based on source of income.
- Just empowers local agencies to establish pre-approval programs for single family housing and limited
- And I think the member from Paradise, our minority leader, can speak to the efficacy of this program,
- I also think it's a great program because it's zero dollars to the state.
- CSAVE monitors schools to ensure their education programs meet minimum comply with federal and state
TX
Texas 89th 2nd C.S.
Licensing & Administrative Procedures Apr 15th, 2025
Licensing & Administrative Procedures
Transcript Highlights:
- Industries that would benefit from career-focused programs and to collaborate with the Texas Education
- The TDLR license types that currently correspond with the Texas Education Agency CTU programs of study
- They get the same treatment constitutionally. They can't cross county lines.
- HB 4767 abolishes the TDLR ATV and off-highway vehicle training program.
- Participation in the program is extremely low, and there's only one registered provider in the program
Committee:
House Licensing & Administrative Procedures
NH
New Hampshire 2025 Regular Session
Senate Health and Human Services (05/21/2025)
Health and Human Services
Transcript Highlights:
- Um, the other thing is this essentially grandfathers anybody who's on these treatments now.
- grandfathers anybody who's<00:20:31.200><c> on</c><00:20:31.440><c> these</c><00:20:31.760><c> treatments
- </c><00:20:33.120><c> Uh</c><00:20:33.600><c> that</c> who's on these treatments now.
- Uh that who's on these treatments now.
Committee:
Senate Health and Human Services
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (10/15/2025)
Transcript Highlights:
- </c><00:43:51.839><c> that</c> and clarity on accounting treatment that and clarity on accounting treatment
- We host oversight for the program.
- </c><01:08:22.239><c> that</c> the state budget with one program that the state budget with one program
- </c> In terms of how we built the program In terms of how we built the program here,<01:14:31.520><c>
- c><01:21:13.280><c> think</c><01:21:13.360><c> I'm</c> pilot programs because I think I'm pilot programs
Summary:
The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken.
The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading.
Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.