Video & Transcript : 'lender cap' :

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WA

Washington 2025-2026 Regular Session

House Housing Feb 19th, 2026 at 08:30 am

Housing

Transcript Highlights:
  • Too often when people think about foreclosure, they think about mortgage lenders.
Committee: House Housing
NM

New Mexico 2026 Regular Session

House - Commerce and Economic Development Feb 2nd, 2026 at 01:54 pm

House Commerce & Economic Development Committee

Transcript Highlights:
  • mortgages on tribal land, and there's a HUD 184 program that makes it easier for a bank or mortgage lender
WA

Washington 2025-2026 Regular Session

House Civil Rights & Judiciary Jan 30th, 2026 at 10:30 am

Civil Rights & Judiciary

FL

Florida 2026 Regular Session

FL House Floor Session - 2026-03-04 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • And if there's no caps to try to keep those costs down to your point, why not?
  • There is a cap. It's 15%. So the comparison... Thank you, Mr. President. There is a cap. It's 15%.
  • You said that there is a cap.
  • It's that 15% cap right now. That's the deal.
  • ...compared to their competitors, a cap based on that.
Summary: The Senate opened with prayer, the Pledge of Allegiance, introductions, and a moment of silence honoring service members killed in the conflict in Iran, including Florida native Captain Cody Cork. The chamber then moved through a special order calendar, taking up several bills on education, public safety, insurance, health, and local government policy. Many measures were accompanied by sponsor explanations and supportive remarks from members, often emphasizing constituent impacts, public safety, and administrative efficiency. The first major bill, SB 1062 on speech and debate education, was expanded through a delete-all amendment and passed 37-0 after extensive floor debate praising debate programs as a civic and educational tool. SB 1072 created an anti-Semitism task force in the Attorney General’s Office; an amendment clarified that criticism of Israel is not prohibited, and the bill passed 37-0. SB 1230/HB 1019 addressed PFAS “forever chemicals,” especially in firefighting foam, with phase-outs, testing, enforcement, and exceptions for certain federal, military, and emergency uses; it also passed 37-0 and was dedicated in memory of former firefighter Joe Casello. SB 1706 expanded the My Safe Florida Condominium Pilot Program with tighter eligibility rules, and SB 186 required broader seizure-response training and seizure action plans in schools; both passed unanimously. The Senate also approved SB 598 updating funeral and cemetery regulation, SB 990 authorizing protected cell captive insurance companies, SB 554 modernizing nonprofit corporation law, SB 560 streamlining foster care medication and oversight procedures, SB 684 easing electronic signature requirements for total-loss vehicle and vessel titles, and SB 778 revising forensic client services for certain defendants with intellectual disabilities or autism. Several bills were temporarily postponed, including SB 432, SB 928, and SB 620. Most of these measures passed by votes of 36-0 or 37-0 after brief debate or no debate. The most contentious item was SB 1134 on official actions of local governments related to DEI. The sponsor argued the bill would stop taxpayer funding and promotion of discriminatory or indoctrinating DEI practices, citing examples from several counties and cities. Multiple amendments sought to narrow penalties, protect good-faith officials, and preserve local proclamations and observances, including LGBTQ Pride Month and other cultural events, but those amendments were rejected. Debate centered on vagueness, local discretion, and whether the bill would chill legitimate government activity. The transcript cuts off during questioning on the underlying bill, before final disposition is shown.
AL

Alabama 2026 Regular Session

Alabama House Feb 12th, 2026

Alabama House Floor Meeting

Transcript Highlights:
  • Alabama with the provisions that act that would make exclusions of employer payments to an employee or lender
  • c><01:27:13.760><c> an</c><01:27:14.000><c> employee</c><01:27:14.320><c> or</c><01:27:14.639><c> lender
  • </c><01:27:15.120><c> for</c> payments to an employee or lender for payments to an employee or lender
  • which this would simply remove any of what was proposed as an increase to credit tax credits or the cap
  • So it's simply reauthorizing the existing credits and the existing cap. >> Question for the body's adoption
NH
Transcript Highlights:
  • for Energy Efficiency water lenders for Energy Efficiency water conservation<01:20:44.639><c> and</c
  • I'll say you might see in the bill that it's requesting $40,000 each year, and then it puts a cap of
  • I'll say you might see in the bill that it's requesting $40,000 each year, and then it puts a cap of
  • I'll say you might see in the bill that it's requesting $40,000 each year, and then it puts a cap of
  • </c> $40,000 each year and then it puts a cap $40,000 each year and then it puts a cap of10<03:12:47.160
Summary: The committee first discussed scheduling and notice for upcoming executive sessions on a larger slate of bills, including plans to take up eight bills in the morning and possibly the last three bills in the afternoon, with caucus time provided if needed. The chair emphasized advance notice, publication, and flexibility if more bills are added later. The hearing then opened with the Pledge of Allegiance and proceeded to HB 568, a bill allowing local planning boards to request water supply studies for subdivisions to ensure water adequacy as housing density increases. Representative Kat McGee, the prime sponsor, said HB 568 was developed after constituent concerns about private wells being affected by nearby development. She described the bill as narrowly tailored, non-mandatory, and intended to preserve local control while clarifying that planning boards may request studies under local regulations. She noted bipartisan support, an exclusion for community water systems and larger groundwater withdrawals regulated elsewhere, and said the bill would help prevent water shortages and related problems for new and existing homes. Questions from members focused on whether the bill should specify that it applies to subdivisions of four or more lots, since that language had been in an earlier version. Testimony on HB 568 was mixed. Bob Quinn of the New Hampshire Association of Realtors opposed the bill, arguing it lacked a definition of “water supply study,” could lead to expensive hydrology studies, and might raise housing costs; he suggested more work with DES or a study committee. DES administrator Brandon Kernin said the department had worked from a 2010 groundwater commission report, that such problems arise only intermittently in certain areas, and that the bill would make explicit local authority to adopt such ordinances. He also said DES data and homeowner surveys can help identify problem areas and that more robust wells could be considered in the long term. The committee noted 10 online submissions in favor and 3 opposed, plus blue-sheet testimony of 2 in favor and 1 neutral, and then closed the hearing on HB 568. The committee immediately opened HB 582, a bill on safety requirements for operation of personal watercraft. Representative Darby, the sponsor, said the bill responds to the speed and maneuverability of modern personal watercraft, which he described as more like motorcycles on water than traditional boats, and cited a fatal accident on Lake Monomonac as an example of the risks. He said the bill is not intended to restrict ordinary recreation or wake surfing, but to update safety standards for a newer class of larger, quieter three-person PWCs. The hearing began with Darby’s presentation, and no vote or final action was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

House Education Policy Committee 3/18/25

Education Policy

Transcript Highlights:
  • Lenders often are looking for assurance that you are doing your due diligence to make sure that something
  • You can cap a site, and this again would be something that was determined through the PCA, and again
  • ways of doing that multiple different ways of doing that you<01:31:39.159><c> can</c><01:31:39.440><c> cap
  • <c> and</c><01:31:41.000><c> this</c><01:31:41.280><c> again</c><01:31:41.639><c> would</c> you can cap
  • a site and this again would you can cap a site and this again would be<01:31:42.080><c> something</c
Bills: HF1124 , HF1457 , HF1803
OK
Transcript Highlights:
  • 4118 strengthens support for Oklahoma family caregivers while remaining a nonrefundable tax credit capped
  • It just makes it easier for borrowers to refinance their mortgages and allows the lenders to protect
  • It also does not, the Governmental Tort Claims Act has damage caps that 3985 does not.
  • concern is if we give that kind of authority to an agency to set a fine, and I realize there is no cap
  • So my concern is, or would you be willing to put some type of a cap or some type of restriction or some
Summary: The House convened after lunch, established a quorum, and then took up a long series of measures. Early debate centered on H.J.R. 1084, which would amend the Oklahoma Constitution to reaffirm that courts must follow the Oklahoma and U.S. Constitutions and not recognize or enforce religious codes that conflict with them. The author said it was meant as a safeguard against unconstitutional courtroom practices; several members questioned its practical effect and constitutional basis. The resolution passed the House 70-19. The chamber then passed a number of bills on workforce, public safety, tax, and administrative issues, including HB 3934 on dental hygienist workforce gaps, HB 3919 allowing county commissioners to adjust fair board membership to reach quorum, HB 4118 creating a family caregiver tax credit, HB 4119 requiring a bond in certain real-property title disputes, HB 426 on workers’ compensation for first responders suffering heart attack or stroke after strenuous shifts, HB 4178 on sales tax exemptions for municipal-beneficiary public trusts, HB 4215 to aid small post-production companies, HB 4324 allowing district attorneys to adjust sentences after initial sentencing with an amendment clarifying jury verdicts are unaffected, HB 3270 cleanup language for farmed cervidae/chronic wasting disease law, HB 4352 adopting the Uniform Mortgage Modification Act, HB 4305 clarifying ad valorem assessment of low-income housing tax credit properties, HB 2955 modernizing captive insurance law, HB 3315 creating a 90-hour degree program, HB 3066 reestablishing and funding a behavioral health workforce program, HB 1245 changing retirement coverage for certain DHS law enforcement officers, HB 4125 restoring firearm rights for certain nonviolent felons after five years with expungement or pardon, HB 3075 creating a penny-rounding rule for public-sector cash transactions, HB 3129 creating a process for university security fees, HB 3239 modernizing the Veterinary Practice Act, HB 4153 reinstating prior driver-licensing rules tied to an eighth-grade reading test with a hardship exception, HB 3265 defining mental health specialists for police pension disability cases, HB 4491 allowing school districts to opt in to extracurricular participation by charter, virtual charter, and homeschool students, SB 680 creating a tobacco tax incentive for lower-risk products, HB 4263 aligning retirement options for CareerTech employees, and HB 4268 creating the Teacher Effectiveness and Excellence Act with a compensation pilot and National Board stipend. Most measures passed with little or no debate, though several drew extended questioning, especially the school extracurricular bill, the driver’s-license literacy bill, and the tobacco tax measure. Emergency clauses were adopted on several bills, including HB 3934, HB 3270, HB 3315, HB 3066, HB 3075, HB 3129, HB 4153, and HB 4268.
CA

California 2025-2026 Regular Session

Assembly Local Government Committee Apr 30th, 2025

Local Government

Transcript Highlights:
  • It helps incentivize lenders to make loans to small businesses using loan loss reserves and collateral
  • Through that, it helps provide a crucial buffer to protect lenders against total financial loss resulting
  • in terms of loosening some of the restrictions so that we can better work with borrowers and their lenders
Summary: The Assembly Local Government Committee heard a long slate of bills, with the chair opening by outlining hearing rules, noting in-person testimony only, and identifying several bills for the consent calendar. The committee repeatedly operated without a quorum for much of the hearing, so several authors closed with requests for aye votes before formal action could be taken. AB 407 (Jackson) was heard first and would broaden eligibility in state loan and financing programs to help small businesses fund environmental, seismic, and ADA upgrades; it drew support from the Treasurer’s office and no opposition. AB 93 (Papan) would require state and local agencies to develop best practices and reporting around data center water use; supporters emphasized water scarcity and transparency, while the Data Center Coalition opposed it as overly restrictive and potentially burdensome. The League of California Cities and water agencies were generally supportive or neutral with amendments. The committee also heard several housing-related bills. AB 650 (Papan) would give cities earlier RHNA information and require HCD to provide clearer, more actionable housing element feedback; it received broad support from cities, planning groups, and housing advocates, with no opposition. AB 507 (Haney) would streamline adaptive reuse of office buildings into housing, especially in downtowns, and AB 1294 (Haney) would create a more standardized housing application process; both drew strong support from housing and business groups, while local government groups raised concerns about one-size-fits-all mandates and local discretion. AB 610 (Alvarez) would strengthen housing element transparency and limit new local housing constraints and fees after certification; supporters said it would improve certainty, while legal aid and city groups opposed it as too rigid and potentially harmful to inclusionary housing and local fee authority. AB 610 ultimately received a 7-0 do-pass recommendation to Appropriations. Other measures included AB 1044 (Macedo), which would create a new groundwater sustainability agency structure for Tulare County to help the region comply with SGMA; it was backed by county and agricultural water representatives and had no opposition. AB 523 (Irwin) would allow proxy voting for single-representative member agencies on the Metropolitan Water District board, with support from several water districts and no opposition. AB 1112 (Wallace) would repeal an outdated property tax carve-out affecting Rancho Mirage; the city supported it as restoring equity, and the committee called the roll after reaching quorum, then moved the bill do pass as amended to Appropriations by a 6-0 vote with the roll left open. Finally, AB 698 (Wicks) would require analysis of the housing, market-rate, and property tax impacts before a local transfer tax is adopted; supporters said it would inform local decision-making, while opponents, including a coalition tied to Los Angeles’ Measure ULA, argued it could undermine local revenue tools and housing funding. The committee discussed that the bill was forward-looking and not retroactive, and then moved it forward as amended.
NH
Transcript Highlights:
  • That allowed us to convert our debt that was on the books into equity, which is what our initial lenders
  • That allowed us to convert our debt that was on the books into equity, which is what our initial lenders
  • That allowed us to convert our debt that was on the books into equity, which is what our initial lenders
Summary: The work session focused on HB 54, which would allow New Hampshire’s alternative treatment centers to operate for profit. Chair David Nagel opened by identifying the main concerns: whether members agreed with the bill conceptually, whether the proposal could be shaped to avoid a gubernatorial veto, and whether it could lead to “big cannabis” taking over. He also emphasized that the bill would not change the existing oversight structure, which remained under RSA 126-X. Representative Wendy Thomas said the governor’s objections in past sessions appeared to center on the state’s preference for a state-run model and broader policy concerns, but no one present knew the current governor’s position. Several speakers argued the bill was primarily about financing and access, not expanding the number of dispensaries. Matt Simon of Granite Leaf Cannabis said the current nonprofit structure makes it difficult to raise capital, pay down debt, and open additional access points, and that the bill would be a corporate restructuring rather than a change in day-to-day regulation. Brandon Pollock of TASCAL Wellness said medical cannabis programs in most other states are for-profit, and that New Hampshire’s nonprofit requirement has left ATCs burdened with high-interest debt and higher prices that push patients to Maine, Vermont, or the street market. He said converting to for-profit status could allow conventional financing, lower prices, and help keep patients in the regulated program. Members also discussed whether for-profit ownership would invite outside corporate control. Witnesses said the bill would not open the market to new operators, would not change advertising rules, and would include restrictions on ownership transfers for a period of time; “foreign corporation” was explained as an out-of-state entity. One speaker noted that the bill is similar to earlier versions that passed both chambers with strong support but never became law. No vote was taken during the work session; the discussion was informational and aimed at addressing concerns before the bill moved forward.
AZ

Arizona 2026 Regular Session

02/05/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • SB 1689, home equity evolving loan lenders. Finance.
Summary: The Senate opened with prayer, the Pledge of Allegiance, attendance, and several guest introductions recognizing Arizona Dental Hygienists Association visitors, deaf and hard of hearing advocacy groups, Arizona Society of Anesthesiologists members, the Doctor of the Day, tribal voting advocates, and other guests. Members also observed a moment of silence for two DPS officers killed earlier that morning. The chamber then received a long list of bills and resolutions for first reading and committee referral, covering elections, education, public safety, health, tribal affairs, housing, agriculture, and other topics. The main floor action was in Committee of the Whole on SB 1425, an elections bill dealing with the July primary and related election procedures. The bill was amended in committee, then further amended on the floor, and the Committee of the Whole recommended it do pass as amended. During third reading, members spoke in support of the measure as a bipartisan election fix that would move the primary up two weeks, improve ballot timing, and require observers in every county. Senator Hatathlie highlighted persistent tribal voting barriers such as mail ballot issues, dual-addressing problems, ID access, funding shortages, misinformation, and polling-place disruptions, while Senator Gonzalez voted no because of the emergency clause. The bill passed 27-1 with two not voting and was transmitted to the House. The Senate also adopted two proclamations: one naming September 4, 2026, as Taekwondo Day in Arizona and another declaring February 2026 as American Heart Month, encouraging CPR and AED awareness. After a recess, the Senate returned briefly to introduce additional bills, refer SB 1315 to Public Safety and SB 1090 to Finance, announce upcoming committee meetings, and then adjourn until Monday, February 9, 2026.
CA

California 2025-2026 Regular Session

Senate Housing Committee Jun 10th, 2026

Housing

Transcript Highlights:
  • It's extraordinarily important that you not limit an individual's choice of mortgage lender.
  • of refusal within the contractual process, as well as the obligation that you use their mortgage lender
Committee: Senate Housing
LA

Louisiana 2026 Regular Session

House of Representatives Mar 24th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • House Bill 545 by Representative Riser, maximum charges by lenders, maximum origination fees on consumer
  • This bill is an increase in the origination fee for lenders from a maximum of $50 up to $75.
Summary: The House convened with a quorum, opened in prayer, and received official notice from the Secretary of State certifying Dana Henry and Paul Sawyer to fill vacancies in the chamber. Both members were sworn in. The House also received Senate messages on several concurrent resolutions and a large slate of Senate bills, and it adopted a number of House resolutions recognizing groups and individuals, including agriculture, athletic trainers, GoFar Louisiana, homeschooling families, veterans, and several community honorees. Committee reports and bill referrals were also announced throughout the morning hour. A substantial portion of the meeting was devoted to floor action on House bills, many of them memorial highway designations and policy measures. The House gave final passage to bills naming roadways and bridges for Officer Trevor Abney, Dr. Harry Blake Sr., Virginia Green Evans, and American Legion Post No. 14, and it also passed bills extending Tax Commission assessment fees, creating a transfer-on-death securities registration act, increasing lender origination fees, expanding assessor certification committee membership, and strengthening protections for eligible adults against financial exploitation. Other bills passed included measures on teacher certification appeals, removing Evangeline Parish from a juvenile justice district, re-creating the Department of Education, and repealing a $25 impaired-driving fine. Most of these bills passed overwhelmingly or unanimously. The most extensive debate centered on House Bill 68, which would create a new offense for disturbing worship services and impose a mandatory 30-day jail term for certain misdemeanor conduct, with higher penalties for related offenses. Supporters argued the bill was intended to deter disruptions and reduce the risk of escalation in houses of worship, citing heightened security concerns and incidents in churches nationwide. Opponents questioned the bill’s vagueness, the mandatory minimum sentence, the distinction between misdemeanor and felony treatment, and whether existing law already covered the conduct. The bill remained under discussion as members continued to raise constitutional, enforcement, and policy concerns.
FL

Florida 2025 Regular Session

Judiciary Mar 12th, 2025

Judiciary

Transcript Highlights:
  • a rule that set the rate to the Wall Street Journal prime rate, which is a survey of the largest lenders
  • The survey of the largest lenders in the country and what rates they offer to their prime, their very
Committee: Senate Judiciary
Summary: The Judiciary Committee met with a quorum present and considered several bills. SB 106 on exploitation of vulnerable adults would allow service of process on scammers through the same nontraditional communication methods they use; it passed 8-0. CS/SB 280 on candidate qualification would create an enforceable party-affiliation requirement and a private right of action to disqualify noncompliant candidates; it passed unanimously. CS/SB 948 on flood disclosures was amended to extend disclosure requirements to residential leases, condo developer leases, and mobile homes, with tenant remedies if disclosures are not provided and flooding causes major losses; it passed 8-0. The committee also advanced CS/SB 498 on IOTA interest rates after a lengthy debate over legal aid funding and bank regulation. Supporters argued the bill would restore sustainability and fairness to the program by setting alternative interest-rate benchmarks, while opponents said it would cut funding for civil legal aid and that banks participate voluntarily. After testimony from legal aid leaders and bankers, the bill passed 7-2. SB 774, requiring clerks to electronically transmit certain mental health, substance abuse, and risk protection orders to sheriffs within six hours, was presented in response to a fatal Volusia County incident and passed 11-0. CS/SB 752 on defamation and online publication was amended to require removal from a website rather than the internet, then passed 8-2 after testimony from the media, a private attorney, and supporters who said it would help people harmed by false online reports. The committee also heard SB 832 on former phosphate mining lands, which would create a narrow defense against strict liability claims if notice and gamma radiation survey requirements are met. The bill was amended to clarify notice provisions and received support from industry and technical witnesses describing radiation surveys and reclamation practices. The transcript cuts off before the final vote on SB 832, so no committee action on that bill is shown in the excerpt.
NH

New Hampshire 2026 Regular Session

House Judiciary (01/14/2026)

Judiciary

Transcript Highlights:
  • Lenders who engage in TPLF are largely unregulated.
  • So that look that's a cap and uh so what am I missing here?
  • It's that's why this is not a tax cap.
  • So that look that's a cap and uh so what am I missing here?
  • So that look that's a cap and uh so what am I missing here?
Committee: House Judiciary
NV

Nevada 2025 Regular Session

Senate Floor Session Jun 2nd, 2025 at 12:00 pm

Nevada Senate Floor Meeting

Transcript Highlights:
  • infusible medications and Nevada is legally bound to reimburse providers based on those federally capped
  • infusible medications and Nevada is legally bound to reimburse providers based on those federally capped
  • This fee, a cost to the borrower and a lender, could lead to federal preemption issues rendering the
HI

Hawaii 2025 Regular Session

FIN Info Briefing - Thu Jan 16, 2025 @ 9:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • right</c><01:54:43.440><c> next</c><01:54:43.599><c> to</c><01:54:43.760><c> the</c><01:54:43.920><c> cap
  • </c><01:54:44.440><c> High</c> located right next to the cap High located right next to the cap High
  • s using Salesforce and he’s actually, uh, working with us, so you got the department, you got the lenders
  • c><02:01:47.560><c> different</c> can share it with the different can share it with the different lenders
  • um the uh ever Dowling who's lenders um the uh ever Dowling who's doing<02:01:52.239><c> our</c><02:
AZ

Arizona 2026 Regular Session

02/05/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • SB 1689, home equity revolving loan lenders. SB 1691, ESA assessment standards accreditation.
TX
Transcript Highlights:
  • want instead of working to develop a way to embrace receiverships, which frankly, if you're a small lender