Transcript Highlights:

• had to make some amendments to work around CAS and we needed to clarify some language for consumer lending
• 12:24.239><c> language</c><01:12:24.560><c> for</c><01:12:24.800><c> consumer</c><01:12:25.120><c> lending
• </c><01:12:25.440><c> for</c> some language for consumer lending for some language for consumer lending

Transcript Highlights:

• through our C-BED loan program, we make loans with partners who also put in a certain amount of money to lend
• 27.760><c> to</c> also put in a certain amount of money to also put in a certain amount of money to lend
• </c><00:15:30.080><c> The</c><00:15:30.200><c> state</c> lend. So, it's leveraged. The state lend.

Committee: Senate Economic Development and Tourism

Summary: The committee first took up SB 2045 relating to combat sports and recommended passage with SD1. Members adopted requested changes from DCCA and the boxing commission, including clarifying that the onsite medical professional must be a licensed physician, specifying when a deputy combat sports commissioner must file a written report, removing the combat sports registry language and ambulance requirement, clarifying promoter payment requirements, and requiring advance coordination with the nearest emergency room or hospital. The bill also makes technical amendments and sets an effective date of July 1, 2050. The measure passed unanimously among members present, with Senators Fukunaga and Kim excused. The joint hearing then considered SB 2187 relating to the Department of Business, Economic Development and Tourism. Testimony was brief and largely in support, and the committees agreed to pass the bill with SD1, making technical non-substantive amendments and changing the effective date to July 1, 2050. The committees voted to adopt the recommendation, with members present voting aye and some senators excused. A longer portion of the hearing focused on several economic development measures, including SB 2072 on tourism, SB 3049 on a trade-oriented production capacity grant program, and SB 3166 and SB 3167 involving technology development and the blue economy. SB 2072 drew questions about cost, benefit, and the practicality of promoting Michelin-star restaurants in Hawaii. SB 3049 received broad support from DBEDT, HTDC, chambers, and industry groups, but members questioned whether a new grant program was needed, why DBEDT could not do it without legislation, and whether the state should instead use existing entities like HTDC; the discussion also covered matching funds, likely beneficiaries, and administrative capacity. SB 3166 and SB 3167 were supported by technology and ocean-sector witnesses who said the state needs coordinated planning, specialized expertise, and support for advanced manufacturing and ocean innovation, but members raised concerns about relying on third-party consultants, duplication of existing public capacity, ethics, cost, and whether the work should instead be done by state staff or existing institutions. No final votes on the later bills were captured in the transcript excerpt.

Transcript Highlights:

• And I just want to say thank you to her family for lending her to us for a little while.
• thank you to<00:47:37.280><c> her</c> to her to her family<00:47:39.280><c> for</c><00:47:39.599><c> lending
• 40.720><c> to</c><00:47:40.960><c> us</c><00:47:41.200><c> for</c><00:47:41.440><c> a</c> family for lending
• her to us for a family for lending her to us for a little<00:47:41.839><c> while.

Transcript Highlights:

• I do think it keeps people out of the payday lending cycle.

Bills: HR133 , HR134 , HR135 , HR136 , HR137 , HR138 , HR139 , HR140 , HR141 , HR142 , HR143 , HR144 , HR145 , HR146 , HR147 , HR148 , HR149 , HR150 , HR151 , HR152 , HR119 , HR120 , HR121 , HR122 , HR123 , HR125 , HR126 , HR127 , HR128 , HR129 , HR130 , HR131 , HR132 , HCR53 , HCR54 , HCR55 , HCR56 , SCR3 , SCR22 , SB4 , SB18 , SB66 , SB106 , SB201 , SB256 , SB274 , SB292 , SB326 , SB386 , SB406 , SB422 , SB423 , SB456 , SB475 , HCR3 , HB1 , HB3 , HB27 , HB71 , HB214 , HB225 , HB241 , HB244 , HB306 , HB312 , HB313 , HB314 , HB345 , HB366 , HB383 , HB446 , HB473 , HB511 , HB514 , HB655 , HB730 , HB743 , HB836 , HB983 , HB1027 , HB1037 , HB1043 , HB1082 , HB1091 , HB1096 , HB1103 , HB1126 , HB1167 , HB1174 , HB1175 , HB1230 , HB1237 , HB1238 , SB162 , SB349 , SB350 , SB382 , SB383 , HB76 , HB132 , HB181 , HB210 , HB250 , HB265 , HB275 , HB291 , HB322 , HB342 , HB475 , HB486 , HB616 , HB635 , HB639 , HB690 , HB740 , HB757 , HB761 , HB774 , HB808 , HB855 , HB872 , HB883 , HB886 , HB903 , HB949 , HB962 , HB996 , HB1003 , HB1036 , HB1054 , HB1071 , HB1076 , HB1078 , HB1113 , HB1132 , HB1146 , HB1232 , HB1233 , HB21 , HB24 , HB29 , HB31 , HB39 , HB45 , HB77 , HB136 , HB150 , HB263 , HB273 , HB299 , HB315 , HB376 , HB377 , HB431 , HB444 , HB450 , HB519 , HB533 , HB538 , HB559 , HB562 , HB663 , HB664 , HB715 , HB717 , HB805 , HB822 , HB823 , HB834 , HB864 , HB867 , HB1017 , HB1018 , HB1068 , HB1134 , HB1137 , HB1234 , HB1235 , HB1236 , HB961 , HB399 , HB868 , HB905 , HB180 , HB192 , HB284 , HB476 , HB915 , HB952 , HB1006 , HB401 , HB51 , HB58 , HB140 , HB982 , HB1010 , HB750 , HB911 , HB977 , HB901 , HR20 , HR74 , HB9 , HB151 , HB193 , HB310 , HB393 , HB459 , HB577 , HB582 , HB605 , HB614 , HB615 , HB682 , HB733 , HB773

Keywords: commendation, leadership, energy sector, Shell USA, Louisiana pride, House Resolution 134, HR134, honorary resolution, Bob Lupo, Robert E. Smith Lupo, Lakeview, New Orleans, civic service, philanthropy, real estate development, Hurricane Katrina recovery, community service, charitable giving, public recognition, Louisiana House of Representatives

Transcript Highlights:

• proud American immigrant, who is a product of our great country's public education system, I'm here to lend

Committee: House Education

Transcript Highlights:

• algorithmic discrimination and consequential decisions in areas such as education, employment, financial or lending

Committee: House House Artificial Intelligence & Innovation Committee of Reference

Summary: The Arizona House Advanced Artificial Intelligence and Innovation Committee met for an informational presentation from Adam Cook Hook of the National Conference of State Legislatures on recent AI policy trends across the states. He described how legislatures are creating AI-focused committees, task forces, inventories, and impact assessments, and how states are also using AI in government operations and procurement. He noted that all 50 states, Puerto Rico, the Virgin Islands, and D.C. introduced AI bills in 2025, with NCSL tracking more than 1,200 measures and nearly 200 enactments across 45 states. Much of the discussion focused on deepfakes, elections, and synthetic media. Hook said 26 states have enacted laws regulating AI in political messaging, usually through disclosure requirements, while some states have prohibitions near elections. He also discussed laws addressing sexually explicit deepfakes, nonconsensual intimate images, and protections for performers’ name, image, and likeness. Members asked about the best state models for protecting AI-generated likenesses and how parody and satire affect such laws; Hook said courts have struck down some deepfake laws as overbroad, especially where they lacked parody exceptions or allowed broad private rights of action. Hook also highlighted broader AI legislation in healthcare, education, workforce training, and public-private innovation efforts, including regulatory sandboxes and state-run AI tools. He summarized comprehensive AI laws in Colorado, Utah, California, and Texas, and flagged legal issues such as privacy, copyright, bias, liability, and transparency. Committee members asked about the growth of AI policy, the role of NCSL, and practical uses of AI in government; Hook said interest has grown rapidly since public release of tools like ChatGPT and that NCSL is still adapting its internal AI work. No bills were heard or voted on, and the meeting ended with the chair thanking the presenter and adjourning.

Transcript Highlights:

• So under our current authorization, we can lend to public hospital districts, and we have engaged recently

Summary: The Senate Rules Committee met to consider several routine agenda items and a gubernatorial appointment. The committee first approved appointments not required to appear, including Gina Castro Rodriguez to the Board of State and Community Corrections, Richard Stein to the California Arts Council, and Nicholas Hardiman to the California Housing Finance Agency Board of Directors. Members also approved references to bills and committees, committee and subcommittee appointments, joint committee appointments, and floor acknowledgments. Two rule waiver requests by Senators Perez and Padilla to suspend SR 22.5 for additional bill introductions were discussed and ultimately approved on a divided vote. The committee then heard testimony from Andy Nakahata, nominated to serve as executive director of the California Infrastructure and Economic Development Bank (IBank). Nakahata described his background in finance and infrastructure lending and said he would focus on stewardship, expanding access to IBank programs, and supporting small businesses and infrastructure projects statewide. Senators questioned him about geographic equity in lending, outreach to underserved counties, creditworthiness standards, the Transportation Infrastructure Accelerator, and whether IBank could better reach municipalities and health care providers. Nakahata said IBank tracks lending by county, works through financial development corporations, municipal advisors, and other networks, and can adjust loan sizes or partner with other funding sources when projects are not fully creditworthy. Public witnesses spoke in support of Nakahata, citing his expertise and leadership in public finance. No opposition testimony was presented. The committee then voted unanimously to move Nakahata’s nomination to the full Senate for confirmation. Afterward, the committee re-ran the earlier votes for the record, confirming the appointments and other agenda items, and then adjourned the public portion of the meeting to enter executive session.

Transcript Highlights:

• would you agree that it is the case that if this indemnity fund was in place and funded, that it would lend

Committee: House A&B General Government Subcommittee

Transcript Highlights:

• I feel like technology, with digital real-time technology and advances in technology, lends itself to

Committee: Senate Transportation

Transcript Highlights:

• just some more efficiency in the way that dollars are directly available to small businesses for lending

Committee: House House International Trade Committee of Reference

Summary: The Committee on International Trade heard a presentation from Monica Villalobos, president and CEO of the Arizona Hispanic Chamber of Commerce, who shared trade and economic data on Hispanic businesses and consumers in Arizona and nationally. She emphasized that Hispanics represent a major economic force, that small and medium-sized businesses are key exporters, and that tariffs or border disruptions can significantly affect Arizona businesses. She also highlighted Arizona’s trade relationship with Mexico, major import/export sectors such as computers, electronics, transportation, and machinery, and the need for more state support for small businesses through capital access and technical assistance. Villalobos noted the Chamber’s upcoming business engagement tour to Mexico City and said the organization would provide district-specific trade profiles to legislators. Members asked questions about top Mexico trade products, transportation equipment, and how the state could better support small businesses. Villalobos said major Mexico-related trade areas include automotive electronics, transportation, and service-oriented business opportunities, and she pointed to the need for microloan access and funding for technical assistance programs that have lost federal support. She also offered to share additional data and connect members with experts on transportation infrastructure and trade. The committee then considered HB 2754, which would add the chairs of the Senate Finance Committee and House International Trade Committee, or designees, to the Arizona Commerce Authority board; shift trade office oversight and the Arizona Competes program to legislative appropriation; require annual reporting on trade office activities; and remove the Competes program’s termination date. The bill sponsor argued the legislature should have more direct oversight of trade offices and the Competes Fund. After discussion, the committee voted 5-0 with 2 present and 3 absent to give HB 2754 a do pass recommendation, and the committee adjourned.

Transcript Highlights:

• Her work experience lends a unique lens to the work that this commission does.

Transcript Highlights:

• Kind of lends itself to, so how often is that filed? Probably daily in the state of Texas.

Bills: HCR40 , HB214 , HB214

Committee: Senate Border Security

Transcript Highlights:

• Speaker I rise to recognize an extraordinary leader she may lend for unwavering dedication and over two

Transcript Highlights:

• THIS PARTICULAR PROJECT DOES LEND ITSELF TO THE ABILITY TO INCREMENTALLY BUNDLE UP MODULES AND FUNCTIONALITY

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

Committee: Joint Joint Committee on Bonding, Capital Expenditures and State Assets

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.

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

Committee: Joint Joint Committee on Bonding, Capital Expenditures and State Assets

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.

Committee: Joint Joint Committee on State Administration and Regulatory Oversight

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.

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.

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

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.

Committee: House Commerce, Consumer Protection, and International Affairs

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.