Transcript Highlights:

• The default rate against consumers in these cases is unusually high.
• advocates who work directly with consumers.
• Consumers deserve to know who is contacting them and why.
• , a huge mortgage fraud that nobody is paying attention to.
• I was asking who can fix that huge mortgage fraud crime. Who can fix it?

Keywords: 995, all

Summary: The Committee on Financial Services heard testimony on several bills focused on consumer debt, mortgage regulation, credit unions, and foreclosure prevention. The Attorney General’s Office strongly supported the Debt Collection Fairness Act (S. 735/H. 1275), saying it would curb abusive debt collection, prevent stale claims, limit civil arrest warrants, modernize wage garnishment rules, and reduce judgment interest rates. Senator Eldridge and legal aid advocates echoed that support, while the Massachusetts Bankers Association and the Massachusetts Mortgage Bankers Association supported bills on credit union mission/competition, consumer privacy in mortgage applications, subprime loan definitions, UCC updates, and protections for vulnerable adults, but opposed foreclosure mediation proposals and several credit union expansion measures, arguing they would distort competition and add unnecessary burdens. A large portion of the hearing focused on foreclosure prevention bills (S. 765/H. 1090), with testimony from homeowners, housing organizers, and legal advocates describing predatory lending, confusing servicing practices, health harms, and displacement caused by foreclosure. Supporters said a statewide pre-foreclosure mediation program would give borrowers and lenders a chance to reach alternatives such as loan modifications or repayment plans, and cited local experience in Lynn where mediation reportedly produced high rates of foreclosure alternatives. Opponents from the banking industry argued Massachusetts already has strong foreclosure protections and that a new mandatory process could delay resolution without added benefit, though they also noted a 2024 pilot should be evaluated first. The committee also heard strong support for H. 1282/S. 684, which would update the Massachusetts Uniform Commercial Code. State Street and a bankruptcy attorney said the changes are needed to keep commercial law current with electronic transactions, tokenized assets, and blockchain technology, and to maintain competitiveness with other states. The hearing concluded after public testimony, with no bill votes taken during the session; the chair thanked speakers and the committee voted to adjourn.

Transcript Highlights:

• traditional financial crimes, wage theft, insurance fraud, and then state program fraud.
• situations when they do commit fraud. situations when they do commit fraud.
• rampant fraud? Superintendent Evans. rampant fraud? Superintendent Evans.
• emerging types of fraud. emerging types of fraud.
• would go on to the consumer? would go on to the consumer?

Keywords: 1187, senate, all

Transcript Highlights:

• Protection and Antitrust Division related to consumer fraud law violations.
• Not only is fraud our focus, but also patient safety.
• Again, prosecuting. get back money from the fraud.
• There could be fraud anywhere is the short answer.
• Some of those agents are assigned to our gaming division, our Medicaid Fraud Control Unit, CPAT, Consumer

Keywords: 908, all

Summary: The committee met to hear the Attorney General’s budget and related agency presentations. Legislative Council first reviewed the compliance with legislative intent report and the base budget worksheet, highlighting current and ongoing appropriations, FTE changes, one-time funding items, continuing appropriations, and major special and federal funds. Members asked about items such as the Missing Indigenous People Grant Fund, the Internet Crimes Investigation Fund, and the Medicaid Fraud Control Unit grant funding, and staff explained the funding sources and status of those programs. Assistant Attorney General Clare Ness then outlined the Attorney General’s office structure, staffing, and budget pressures. She emphasized the office’s broad statutory duties, the value of its legal and investigative work for state and local governments, and concerns about attorney salary competitiveness, the new and vacant FTE pool, and the impact of the 3% operating budget reduction on BCI, IT, and the crime lab. Members also discussed AG opinions, boards and commissions training, and the office’s litigation and settlement recoveries. Ness and committee members raised the possibility of broader attorney salary benchmarking across state government. The crime lab director described severe space and infrastructure constraints, including overcrowding, shared workspaces, glycol leaks, air handling limits, and aging fire and burglar alarm systems. She said the 2024 study projected a much larger facility would be needed and that a new building on the current health department site would best address the lab’s needs. She also reported that backlogs have improved significantly in DNA, drug, fingerprint, and firearms work, though toxicology had a recent delay after an air compressor failure. The Medicaid Fraud Control Unit director described the unit’s fraud, abuse, and neglect work, noted federal-state funding and recent federal scrutiny, and said the unit needs more staff. The gaming division reviewed charitable gaming growth, e-tabs, trust accounts, and compliance issues, while BCI covered its caseload, cybercrime and child sexual abuse material investigations, the missing indigenous person task force, and the use of lottery funds for drug task forces. No formal votes or budget actions were taken during the meeting.

Transcript Highlights:

• We're a nonprofit advocate for Minnesota residential energy consumers.
• Any involvement in fraud prevention or oversight?
• <00:57:12.079> right individual level reports of fraud right individual level reports of fraud
• for you know these million dollar frauds for you know these million dollar frauds that<00:57:40.760
• <01:05:31.880> than on finding that waste and fraud than on finding that waste and fraud than

Keywords: 1187, senate, all

Summary: The Senate Energy, Utilities, Environment and Climate Committee heard Senate File 486, as amended by the A2 delete-everything amendment, which would create a supplemental, year-round energy assistance program administered by the Department of Commerce alongside LIHEAP. Senator Dibble said the bill is intended to help low-income households pay utility bills throughout the year, including summer months, by providing crisis grants, ongoing monthly assistance, emergency heating system repair or replacement help, outreach funding, and reporting requirements. The committee adopted the A2 amendment before hearing testimony on the bill as amended. Supportive testimony came from Annie Levenson-Faulk of the Citizens Utility Board, Jenny Glumac of the Minnesota Rural Electric Association, Amanda Mackey of Minnesota Valley Action Council, Ron Elwood of Legal Aid, Jamie Fitz of CenterPoint Energy, George Shardlow of the Energy CENTS Coalition, and Kent Sulum of the Minnesota Municipal Utilities Association. Witnesses said energy burdens are especially high in rural Minnesota, utility arrears and shutoffs have increased, and most shutoffs occur in summer when LIHEAP is unavailable. They argued that year-round assistance would help vulnerable households, reduce shutoffs, improve health and housing stability, and create administrative efficiencies by using existing LIHEAP infrastructure. Several witnesses cited data on the need for assistance, including high energy burdens in rural areas, more than 91,000 Minnesota households disconnected for non-payment in 2024, and the large share of LIHEAP recipients who are seniors, people with disabilities, children, or veterans. Amanda Mackey described a client story illustrating how energy assistance can stabilize a household and lead to broader benefits. Senator Mathews offered comments supporting help for households in need but said the bill is a stopgap and tied the need for expanded assistance to prior legislative actions that increased energy costs. The committee did not take final action on the bill in the portion of the transcript provided, and members indicated they would return to questions after testimony.

Transcript Highlights:

• We know President Trump has already directed his cronies to shut down the Consumer Financial Protection
• But if the administration is serious about combating waste and fraud, then the president would not have
• They've already taken action on their next victim, which is the Consumer Financial Protection Bureau,
• and get away with fraud.
• That's waste and fraud, Mr. Chairman. Thank you.

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.

Transcript Highlights:

• preventing fraud and abuse.
• Now move to fraud and abuse. Fraud and abuse happens.
• By far, our number one fraud scheme is personal care attendant fraud.
• By far, our number one fraud scheme is personal care attendant fraud.
• There's going to be fraud. There's going to be fraud on the agency side.

Keywords: 1185, senate, all

Transcript Highlights:

• fraud uh in investments. fraud uh in investments.
• If you can save consumers over $200 million, let me tell you, every time you have a fraud case, blew
• The fraud fraud back and get it again.
• that's fraud.
• Now a lot of that is fraud that's fraud.

Keywords: Insurance - Room 216, 3 February, 2026; 9:00 AM, 925, all

Summary: The committee took up several insurance and health-related bills. Earlier discussion focused on metastatic cancer step therapy and biomarker testing, with the sponsor explaining that the bills would prevent insurers from requiring patients to try less effective treatments first and would require coverage for biomarker testing to better target treatment. The biomarker bill was described as a product of a summer study committee and was reported favorably. The committee also advanced a bill setting standards tied to the National Association of Insurance Commissioners, and a private residence elevator bill requiring licensing, inspection, and permitting for elevator installers, with an amendment exempting those elevators from annual inspections after the initial inspection. Members then considered a mitigation program for retrofitting homes, with the sponsor saying the Department of Insurance and industry were close to a workable statewide program. The bill would be funded by increasing a fee paid by insurance companies, not policyholders, and would allow use of a third-party administrator capped at 5% of program funds. The committee also reported bills extending the state health plan repealer, extending the LOSAP volunteer firefighter program repealer, and creating a fraud detection trust fund at the Insurance Department to address AI- and cyber-related fraud. The fraud fund bill drew questions about whether it would raise premiums and how it would help investigators; supporters said the fund would support staffing and equipment and that the existing fund had been dormant. Additional bills included a transparency measure for dental insurance spending, which would require reporting on the share of premiums spent on dental services beginning in 2027, and a bill expanding access to self-funded group health plans for members of legitimate professional and trade associations. The committee also heard a Mississippi Patient Protection Act aimed at strengthening willing-provider protections and limiting insurer discrimination against qualified providers; an amendment was proposed to clarify that vision benefit managers would not be treated as pharmacy benefit managers. Most measures were moved by title sufficient due pass and reported without opposition.

Transcript Highlights:

• um operation to prevent fraud? um operation to prevent fraud?
• Consumers, customers, patients will.
• That's have fraud in Medicaid services.
• <00:41:02.319> because providers are committing fraud because providers are committing fraud
• They want to committing criminal fraud.

Bills: HF3797, HF3780, HF4068, HF3935

Keywords: long-term care, insurance policy, healthcare, partnership policy, Minnesota, human services, wage increase, support workers, shared services, community first services, medical assistance, sanctions, healthcare services, monetary recovery, government accountability, assisted living, training, unlicensed personnel, resident rights, safety regulations

Transcript Highlights:

• to the certain statutes of limitations for criminal offenses, including the limitation for certain fraud
• a consumer guide for home solar systems so Texans can be better informed consumers.
• I thought you said it was a fraud question. No, I was answering your question that it is limited.
• The clerk will read the bill: SB1038 by Parks, relating to administrative remedies for certain fraud
• This strengthens the enforcement by the Office of Inspector General on related fraud and abuse, and it

Bills: HJR98, HJR8, HJR133, HB23, HB33, HB144, HB 109, HB 103, HB148, HB3809, HB1686, HB2217, HB2156, HB220, HB2421, HB2363, HB3773, HB421, HB2584, HB2615, HB2455, HB3711, HB2559, HB3747, HB2775, HB2886, HB3126, HB3666, HB3595, HB3260, HB3506, HB1638, HB3376, HB3826, HB3628, HB1349, HB3770, HB1831, HB1762, HB2614, HB3113, HB267, HB322, HB431, HB869, HB 1203, HB 1201, HB 1244, HB1875, HB1950, HB2152, HB2290, HB2341, HB2436, HB2809, HB2856, HB3012, HB2954, HCR56, HCR102, HB 107, HB1587, HB3684, HB658, HJR99, HB1399, HJR5, HJR2, HJR6, HJR31, HB1971, SJR3, HB1775, HJR72, HB502, HB3109, HJR98, HJR8, HJR133, HB 118, HB388, HB 114, HB205, HB2789, HB2791, HB499, HB2960, HB3163, HB3135, HB2427, HB1618, HB1672, HB1722, HB1338, HB787, HB2618, HB879, HB 1126, HB4134, HB3513, HB718, HB1536, HB1445, HB1640, HB1893, HB1734, HB3229, HB3306, HB 1276, HB3272, HB3276, HB3516, HB4145, HB1585, HB4810, HB2989, HB2558, HB3014, HB2742, HB1695, HB23, HB33, HB144, HB 109, HB 103, HB148, HB3809, HB1686, HB2217, HB2156, HB220, HB2421, HB2363, HB3773, HB421, HB2584, HB2615, HB2455, HB3711, HB2559, HB3747, HB2775, HB2886, HB3126, HB3666, HB3595, HB3260, HB3506, HB1638, HB3376, HB3826, HB3628, HB1349, HB3770, HB1831, HB1762, HB2614, HB3113, HB267, HB322, HB431, HB869, HB 1203, HB 1201, HB 1244, HB1875, HB1950, HB2152, HB2290, HB2341, HB2436, HB2809, HB2856, HB3012, HB2954, HCR56, HCR102

Keywords: Article V, federal government, fiscal restraints, constitutional amendment, term limits, nuclear energy, electric generation, funding, Texas nuclear development fund, advanced reactors, HJR 133, Texas constitutional amendment, ad valorem tax, property tax exemption, homestead exemption, surviving spouse, veteran, veterans benefits, service-connected death, presumed service-connected condition

Transcript Highlights:

• on the but specifically related to fraud on the but specifically related to fraud and<00:11:58.399
• Department of Commerce and Consumer Department of Commerce and Consumer Affairs,<01:09:48.480>
• Act doesn't preempt state consumer Act doesn't preempt state consumer protection<01:16:05.600>
• And I guess how and Consumer Affairs.
• Um, I agree that we would like to do more for the consumer or at least provide more consumer protection

Keywords: 912, senate, all

Summary: The Hawaii State Senate Committee on Commerce and Consumer Protection held an informational briefing on digital assets, blockchain, and related regulatory developments. Chair Jarrett Keohoko said the committee was focusing on national and state policy issues around digital assets, while leaving the separate issue of Bitcoin kiosks and fraud to the House Consumer Protection Committee, which had already noticed a similar briefing. No public testimony was taken; the session was for informational updates and member questions. Representatives from the Aptos Foundation, including JC Yun and Michael Cheng, gave a detailed presentation on blockchain basics and Aptos’s technology. They described blockchain as a tamper-resistant digital ledger, explained proof-of-work and proof-of-stake systems, and argued that proof-of-stake networks are faster, cheaper, and more environmentally friendly. They also emphasized smart contracts and potential uses beyond speculation, such as car titles, college transcripts, collectibles, digital IDs, real estate, and other tokenized assets. The presenters highlighted Aptos’s Hawaii connections and said the technology could help local residents and businesses participate in the digital economy. They cited adoption statistics, including billions of transactions on Aptos, tokenized money market funds from major financial firms, micro-lending applications, decentralized cloud infrastructure, and the rapid growth of stablecoins. They acknowledged concerns about scams and consumer protection, but argued that the answer is stronger regulation and education rather than avoiding the technology altogether.

Transcript Highlights:

• and the fraud that's come up. and the fraud that's come up.
• <01:05:06.319> Fraud improve the lives of motans. Fraud improve the lives of motans.
• :14:18.560> in<01:14:18.800> a identify uh potential fraud in a identify uh potential fraud
• <01:15:30.880> on investigate um uh potential uh fraud on investigate um uh potential uh fraud
• Counties can also uh investigate fraud Counties can also uh investigate fraud in<01:15:52.480>

Keywords: 1187, senate, all

Transcript Highlights:

• the First Amendment exist such as fraud the First Amendment exist such as fraud and<00:12:48.000
• The crime is against the consumer, many of whom may not know for months until they use the gift card
• There is a credit card fraud statute, and gift card tampering would be a Class D felony.
• There is a credit card fraud statute, and gift card tampering would be a Class D felony.
• There is a credit card fraud statute, and gift card tampering would be a Class D felony.

Keywords: Meeting Start 00:00 Roll Call 00:36 SB 4 Discussion 01:16 SB 4 Vote 28:30 SB 130 Discussion 31:18 SB 130 Discussion 36:02, 958, all

Summary: The committee first took up Senate Bill 4, as amended by a committee substitute, which would create a state artificial intelligence governance framework for Kentucky government agencies and address AI-generated misinformation in campaigns and elections. The bill’s sponsors said it is intended to regulate only state government use of AI, not the private sector, and would require oversight by the Office of Technology, agency reporting, and annual reporting to the General Assembly. They also said the elections provisions were narrowed to focus on AI-generated audio and video, remove image disclosures, eliminate prior restraint and monetary damages, and rely on disclosure requirements modeled on laws they said had survived constitutional review in Texas. Testimony on SB 4 was mixed. Supporters emphasized transparency, human accountability, and the need to prepare state government for rapidly changing AI tools, citing possible uses such as fraud detection, inmate classification, and transportation planning. An opponent from the Foundation for Individual Rights and Expression argued the bill would burden core political speech, create First Amendment problems, and invite litigation and abuse, especially in the election context. Members asked about litigation, constitutional concerns, costs, and whether the bill should be expanded later to cover ordinary citizens harmed by AI-generated content. Several members expressed support but noted reservations about the election sections or the need for future amendments. After discussion, the committee voted on SB 4 and reported it favorably. The roll call showed the measure passing with favorable expression, with some members explaining votes as supportive but cautious, and one member initially passing before later recording a yes vote. The chair then moved to Senate Bill 130, and Senator Scott Maiden and Kentucky Retail Federation representative Shannon Stiglets began presenting it as a response to gift card scams and theft of redemption information, describing recent large-scale supermarket fraud cases in Kentucky and saying the problem is tied to broader organized retail crime.

Transcript Highlights:

• hemp edibles and hemp derived consumer hemp edibles and hemp derived consumer products<00:24:11.360
• I'm at a time when fraud is running rampant in our state government.
• Minnesota Democrats proposed funding a new program for fraud.
• I'm at a time when fraud is running rampant in our state government.
• The stated reason was fraud. They said that our neighbors were garbage.

Keywords: 1183, house

Transcript Highlights:

• The low consumer expenditure forecast may be related to low consumer sentiment, which in turn may reflect
• From 26 through 29, real consumer From 26 through 29, real consumer spending<00:09:15.200> is
• The low consumer the forecast period.
• investment and some forms of consumer spending.
• delinquency rates might cause consumers delinquency rates might cause consumers to<00:45:11.839>

Keywords: 919, house, all

Summary: Minnesota Management and Budget Commissioner Aaron Campbell, State Economist Dr. Tony Becker, and State Budget Director Anna Mingi presented the November 2025 budget and economic forecast. Campbell said the state now projects a nearly $2.5 billion surplus at the end of the 2026-27 biennium, about $575 million better than the end-of-session estimate, but also a projected negative balance of about $2.9 billion in FY 2028-29, reflecting a worsening structural imbalance. He said the budget reserve stands at $3.4 billion, with cash flow and budget reserves totaling $3.8 billion after a $244 million addition, and emphasized that Minnesota’s AAA bond rating and reserve policy remain strengths even as future sessions will need to address the long-term gap. Becker said the national economic outlook has changed only modestly since February, but growth remains below trend through the forecast horizon. He cited slower consumer spending, weak private investment, continued tariff uncertainty, lower projected immigration, and modest inflation that stays near 3% through 2026 before easing. Revenue forecasts for the next biennium were revised up to $66.3 billion, driven mainly by higher individual income tax receipts and other revenue, partly offset by lower sales and corporate tax forecasts. He also noted risks from federal policy changes, the recent shutdown’s effect on data availability, and possible equity market volatility. Mingi said general fund spending is projected to rise sharply, with current biennium spending up $3.4 billion from end-of-session estimates and planning-year spending up $1.9 billion. She attributed much of the increase to carryforward from prior one-time appropriations, discretionary inflation, and especially Medical Assistance. MA costs are projected to be about $2.5 billion higher over 2025-29, largely because managed care rates rose more than expected due to higher utilization and higher-cost services, including pharmacy costs, while long-term care and disability waiver costs also increased. In response to questions, officials said the federal reconciliation bill had only a relatively small effect on the health care changes, and that the carryforward amounts reflect unspent prior appropriations that now show up in later years rather than new spending.

Transcript Highlights:

• So, it's basic needs, and to find that applying for these programs is time-consuming and requires a lot
• So, it's basic needs, and to find that applying for these programs is time-consuming and requires a lot
• Yeah, well, if it is time-consuming for these basic inputs to be done, these because they're trying to
• <00:05:28.400> for Yeah, well, if it is time-consuming for Yeah, well, if it is time-consuming
• , fraud, fraud, but<00:07:55.880> it<00:07:56.000> is<00:07:56.720> error,<00:07

Keywords: 918, senate, all

Summary: The discussion focused on the need to modernize Minnesota’s human services software systems, especially MAXIS and related county-administered eligibility tools used for programs like SNAP and Medical Assistance. The senator described seeing a Ramsey County demonstration of the MAXIS system, saying the process was tedious, repetitive, and based on outdated green-screen technology that is difficult for workers to learn and use. The outdated systems were said to create long wait times for residents seeking basic needs assistance and to make it harder for counties to keep up with application volume. The senator said the old, siloed systems also create program integrity problems because they do not communicate well with one another, making it harder to detect fraud and more likely that errors will go unnoticed. Counties reportedly need to hire more staff just to process basic applications, and those added costs can ultimately affect county budgets and property taxpayers. The senator also said modernization is important to maintain federal funding and avoid penalties tied to error rates and compliance requirements in programs such as SNAP and Medicaid. Senate File 4719 was presented as a short-term bill to create a Human Services System Steering Committee made up of county representatives, state agencies, DHS, DCYF, and MNIT to develop recommendations and prioritize improvements collaboratively. The senator said the committee could begin meeting within a couple of months after enactment, with the goal of getting work started quickly this biennium. A longer-term proposal, Senate File 5020, would establish an IT funding account and require MNIT to develop a modernization plan for larger system investments. No vote or formal committee action was taken in the exchange.

Transcript Highlights:

• And we want that really kind of stacked in the favor of the consumer as much as possible.
• /c><00:03:17.760> favor<00:03:18.000> of<00:03:18.080> the<00:03:18.319> consumer
• of stacked in the favor of the consumer of stacked in the favor of the consumer as<00:03:18.879>
• At least I like to think so. ability to protect against fraud really ability to protect against fraud
• and we love all said it was anti-fraud and we love all those<00:05:17.039> things.

Keywords: 918, senate, all

Summary: The discussion focused on two Minnesota Senate bills authored by the senator: Senate File 4168 and Senate File 4652. SF 4168 would give buyers of investment properties more flexibility in financing, including the ability to roll certain closing costs and lender fees into the loan, with the senator emphasizing that the measure is limited to investment properties and is not intended for primary residences. He stressed that the bill is meant to provide options, not force borrowers into any particular structure, and repeatedly distinguished it from predatory lending, saying it has nothing to do with fraudulent or abusive mortgage practices. SF 4652 addresses fraud prevention at banks by allowing account holders to designate an additional contact person who can be notified if a bank suspects suspicious activity and cannot reach the account owner. The senator described it as a common-sense, no-cost, anti-fraud measure aimed at early detection and protecting both banks and customers. He said fraud is a widespread problem and that the bill would help institutions act quickly when something appears wrong. The senator said both bills moved quickly because he wanted to get them heard and passed this session, and he noted that he was the sole author on each. He said the bills passed unanimously in both the Senate and the House. In broader comments, he credited bipartisan relationships and committee cooperation for helping the bills advance, and said the session showed House-Senate collaboration on practical legislation, with more political items being pushed toward compromise and further discussion.

Transcript Highlights:

• <00:09:11.120> guides products and a bunch of consumer guides products and a bunch of consumer
• companies go under and now the consumer companies go under and now the consumer is<00:14:45.920>
• And they'll take... consumers to know what was happening. consumers to know what was happening.
• There's two effect on the consumer.
• They don't want the fraud either.

Keywords: 928, house, all

Summary: The subcommittee focused primarily on a bill concerning long-term care insurance rate increases and consumer notice. Members and staff discussed replacing or supplementing a proposed public hearing requirement with annual reporting, website updates, and consumer-facing disclosures about approved rate increases, carriers writing the products, and how the products work. Several participants emphasized that long-term care policies are long-term products, that rate increases can be spread over many years for actuarial reasons, and that consumers need better information about trends and the impact of increases. A major point of disagreement was whether the bill should try to cap premium increases. One member argued the real problem is unexpected increases of 15% to 20% and urged a statutory cap to protect consumers. Insurance department representatives and others responded that hard caps had been struck down in prior case law, that the department’s core responsibility is solvency, and that carriers need sufficient premium to pay future claims. They also said the market is struggling because many carriers stopped selling the product, leaving in-force policies to bear the cost, and that overly restrictive caps could cause insurers to withdraw from the state. The discussion then shifted toward a compromise requiring carriers to notify policyholders before a rate increase is approved and allowing a 60-day comment period. Participants debated whether the notice should come from the carrier, how confidentiality rules would apply before approval, and what the department should do with public comments. The department said it already reviews filings carefully and that submitted rates are often adjusted before approval; lawmakers noted that prior commissioners had pushed back on increases in some cases, including a seven-year moratorium. No final vote was taken in the excerpt, and the chair repeatedly tried to move the subcommittee along to other bills.

Transcript Highlights:

• one that would still provide consumer one that would still provide consumer protection<00:35:43.359
• My point is that for the consumer to consume it and utilize it to figure out what the real cost will
• to consume it and for the consumer to consume it and utilize<00:37:30.160> it<00:37:30.720>
• <00:43:59.440> complaints perhaps receive uh consumer complaints perhaps receive uh consumer
• which is to provide uh consumer which is to provide uh consumer protections<01:39:50.320> while

Bills: HB1853, HB1591, HB1961, HB1854, HB1965, HB1962, HB1959, HB2505, HB2576, HB1801, HB1804, HB1864, HB2319, HB2314, HB2115

Keywords: HB1853, dementia, Alzheimer's disease, cognitive impairment, memory care, memory clinic, Hanai Memory Network, Executive Office on Aging, aging services, kupuna, caregiver support, long-term care, elder care, geriatrics, public health, dementia screening, care coordination, referral network, neighbor islands, rural health

Summary: The committee heard testimony on SB 2047, relating to pharmacy benefit managers. The Insurance Division said the bill would require new enforcement resources and estimated an appropriation of about $1.5 million and five positions. Kaiser Permanente asked for an amendment to exclude HMOs from the definition of third-party PBMs, saying the bill should not interfere with integrated care models. PCMA and the Hawaii Pharmacist Association supported narrowing amendments, with pharmacists objecting to section 3 and warning the bill as amended could create major operational burdens and a significant general fund cost. No vote was taken in the portion provided, and the chair moved on to the next measure after questions. The committee then took up SB 2080, which would allow Hawaii to join the psychology interjurisdictional compact. Supporters, including DCR, the Hawaii Association of Health Plans, the Hawaii State Association of Counties, the Grassroot Institute, and others, said the compact would expand access to psychology services, especially for people in rural areas or those needing continuity of care while traveling. Opponents, including the Board of Psychology and a Shamanad University psychology professor, raised concerns about client safety, crisis-response procedures, enforcement costs, FBI background checks, and possible loss of state control over training and specialization standards. The board said Hawaii’s current 1,900-hour internship/postdoc requirement is higher than the compact’s standard and that the state is still implementing a separate provisional licensing law that may address some access issues. The discussion focused on whether the compact would meaningfully reduce shortages and whether Hawaii should instead pursue changes within its existing licensing system. Finally, the committee heard SB 2277 on hospital price transparency. The Office of Consumer Protection initially noted the bill could require significant staffing, but later testimony from SHIP suggested the measure could be handled more simply by working with the Healthcare Association of Hawaii and publicly posting violations. The Healthcare Association of Hawaii opposed the bill, arguing hospitals already must comply with federal CMS transparency rules and that adding state requirements would increase costs and legal exposure, especially if violations were treated as unfair or deceptive trade practices. Steve Fenberg testified in support, saying the bill would simply codify existing federal requirements in state law and that he was open to amendments removing state enforcement and the unfair trade practice language. No final action was taken in the excerpt provided.

Transcript Highlights:

• burdensome uh and it you know consumer burdensome uh and it you know consumer protection<00:12:06.680
• So this is a very time-consuming issue.
• efficient um it benefits the consumer efficient um it benefits the consumer most<01:51:49.760>
• lower fraud risk uh you know title fraud lower fraud risk uh you know title fraud does<01:52:55.840
• <01:53:02.440> um um protects the consumer as well um um protects the consumer as well um

Keywords: 1191, senate, all

Transcript Highlights:

• Danny Kando Kaiser, on behalf of the California Low Income Consumer Coalition and the National Consumer
• Danny Kanda Kaiser, on behalf of the California Low Income Consumer Coalition and National Consumer Law
• We see a lot of fraud with only consumer sign-off happening.
• Danny Kando Kaiser, on behalf of the California Low-Income Consumer Coalition and National Consumer Law
• We're really looking to some of the greatest issues or consumers and find to making sure that consumers

Summary: The Assembly Banking and Finance Committee met to hear several bills focused on consumer and small business financial protections. SB 97, by Senator Grayson, would update and clarify California’s digital financial assets law; supporters from the blockchain industry and consumer groups said it would improve compliance clarity while preserving room to align with possible federal action. The committee passed SB 97 on a due-pass motion to the Privacy and Consumer Protection Committee, with the roll left open for absent members. The committee also heard SB 362, which would strengthen disclosure rules for small business financing by requiring clearer pricing information throughout the marketing process. Supporters said the bill would help small businesses compare offers and avoid harmful financing, while some industry groups objected to the bill’s treatment of communications and APR disclosures during negotiations. After discussion, the committee passed SB 362 to the Judiciary Committee, with several members voting aye and the roll left open. SB 784, a bill addressing predatory home-improvement and solar financing practices, drew extensive testimony. The author and supporters described scams targeting seniors, low-income homeowners, and non-English speakers, and said the bill would add safeguards such as confirmation calls, document access, fee transparency, and longer cancellation periods. Solar industry groups moved to neutral after amendments, while banks and other lenders raised concerns about overbreadth and impacts on legitimate lending. The committee passed SB 784 to Judiciary, with some members not voting or changing votes during the roll call. Finally, SB 825 sought to give the Department of Financial Protection and Innovation clearer authority to enforce existing consumer financial protection laws against its licensees, especially in light of reduced federal CFPB enforcement. Supporters argued California needs independent state enforcement tools, while banking and mortgage groups opposed the bill as duplicative and unnecessary, urging coordination with federal regulators and proposing narrower amendments. The committee passed SB 825 to Appropriations on a due-pass vote, and then adjourned after completing the agenda.