Video & Transcript Research : 'open transfer'

Page 48 of 500
NH
Transcript Highlights:
  • . transfer. transfer.
  • Um, but there is an open question of whether a lease for 40 years to cut timber is a transfer of property
  • It's an open question of whether a transfer of a 98-year lease on timber um is a taxable transfer.
  • . transfer. transfer.
  • It's an open question of whether a transfer of a 98-year lease on timber um is a taxable transfer.
Keywords: 1189, house, all
Summary: The meeting opened with a quorum present and approval of the April 17 minutes. The commission then heard a presentation from attorney Jacob Rhodes of Cleveland, Waters and Bass on the history and legal basis of New Hampshire’s timber tax, explaining that timber was historically treated as part of real property, that a 1913 case confirmed that view, and that a 1949 constitutional amendment created a separate timber yield tax to discourage clear-cutting and support forest conservation. He described the tax as a tax on the yield when timber is severed, not an income tax, and noted that towns are reimbursed through a system based on Department of Revenue Administration market data and local reports of cut. Members and guests asked how “yield” is defined, how the timber tax interacts with current use, and whether carbon sequestration could be treated similarly. Testimony explained that current use generally is not affected by harvesting timber, that towns can tax standing timber under RSA 79:5 but rarely do because it is labor-intensive, and that carbon credits might be valued using a similar market-data approach. Several speakers discussed a prior bill drafted with DRA input that would have treated carbon more like timber, but noted it never fully advanced in the General Court and that the version ultimately discussed by the House differed from the earlier DRA-comfortable draft. The discussion also covered whether carbon sequestration agreements are effectively long-term leases or transfers of timber rights, with Rhodes suggesting that 99-year arrangements could be taxable transfers of real property under DRA rules, though he had not reviewed specific agreements. DRA staff said they do not currently have a timber-like survey mechanism for carbon and would likely need access to proprietary market data or a subscription service to build one. No formal vote was taken beyond approving the minutes; the commission appeared to agree to revisit the carbon/timber valuation issue and the draft bill at a future meeting.
WY

Wyoming 2026 Regular Session

Joint Revenue Committee, June 8, 2026 - PM

Revenue

Transcript Highlights:
  • <00:15:52.959> is house at a 2% real estate transfer is house at a 2% real estate transfer
  • Chairman, the estimate is based on all residential transfers. So, all residential transfers.
  • tax would apply to all transfers.
  • Was it I didn't know if transfers.
  • Or, um, I'm open for suggestions.
Keywords: 916, all
AL

Alabama 2025 Regular Session

Alabama House Financial Services Committee Apr 9th, 2025

Financial Services

Transcript Highlights:
  • Transfers like Western Union or Moneygram are individuals who send cash transfers where a licensed legitimate
  • It takes 4% on that wire transfer and it puts 2.5% back... ...transfer and it puts 2.5% back into the
  • As far as legitimate transfers, I know we are trying to separate the illegal transfers.
  • So what about legitimate transfers?
  • transfers that they have and the amounts that are transferred.
Bills: HB297
TX

Texas 89th Regular

Criminal Justice Apr 1st, 2025

Criminal Justice

Transcript Highlights:
  • We'll call the chair now opens for invited testimony.
  • Public testimony now opens. So same four witnesses.
  • With that the chair now opens for invited testimony.
  • Chair now opens up for public testimony.
  • Chair now opens up the floor for public testimony.
Summary: The Senate Committee on Criminal Justice convened to address pressing issues surrounding oil field crime and safety on Texas highways. The meeting was initiated by Chair Flores, who emphasized the need for improved tools to combat repeat offenders having committed intoxicated driving, alongside tackling oil field theft that has escalated due to organized criminal activities. The committee heard public testimonies and engaged with various stakeholders, including law enforcement and industry representatives, who highlighted the complexities and dangers associated with these crimes. Notably, a significant focus was placed on Senate Bill 1320, which aims to establish a dedicated unit within the Department of Public Safety to investigate and address thefts specific to the oil and gas industry. This initiative seeks to strengthen coordination among various law enforcement agencies and improve training for local officers to combat these sophisticated theft operations more effectively.
WY
Transcript Highlights:
  • This is the WYDOT transfer.
  • This is the WYDOT transfer.
  • This is merely the transfer of ownership of the property.
  • Being<00:12:32.320> wide<00:12:32.640> open. Being wide open. Being wide open.
  • ... when either transfer is completed. >> Yep.
Keywords: 916, all
Summary: The conference committee met on House Bill 69, which concerns Department of Health land transfers involving property from the Wyoming Life Resource Center in Lander. Members reviewed the two main pieces of the bill: a transfer of land to WYDOT for a maintenance yard, and a separate parcel intended for possible residential development. Much of the discussion focused on clarifying that the residential parcel would still be subject to zoning and likely sold through a public process, while the WYDOT parcel would remain a state-to-state transfer. A central issue was whether the City of Lander should be specifically included in the consultation language. Committee members agreed the city should be consulted on both sections, but there was debate over whether the bill should say the department is “authorized and directed” to convey the WYDOT parcel or use more permissive language such as “may” or simply “authorized.” Members noted that the city would have zoning authority over the residential parcel, but not necessarily a veto over the WYDOT transfer. The discussion also covered the practical need for a new WYDOT facility because the current yard is too small. The committee ultimately agreed to add the City of Lander to the consultation language, keep the WYDOT transfer directed, and leave the residential section permissive. They also approved a reporting requirement so the legislature would be notified when the transfers are completed. The committee then voted unanimously to adopt the compromise and prepare a conference committee report for signing.
TX

Texas 89th 2nd C.S.

Higher Education Mar 4th, 2025

Higher Education

Transcript Highlights:
  • ones have transferred from the community college and actually graduated?
  • And we have the assurance that those courses are going to transfer.
  • I'm opening up the window for you. I can't mention any of that.
  • And those transfer students succeed as we have the highest graduate, 4-year graduation rate for transfer
  • OK, so, um, uh, we are a transfer student destination.
CA
Transcript Highlights:
  • enrollment, including growth in transfer applications for fall 2026.
  • It's called the Transfer Success Pathway.
  • We'll hold the issue open.
  • This is the... so we're holding the issue open.
  • We want to share a few transfer facts for the CSU to get started.
Summary: The Assembly Budget Subcommittee on Education Finance held an oversight hearing on the California State University system covering enrollment, core operations, Title IX/civil rights, and basic needs. The Department of Finance said the Governor’s 2026-27 budget does not change CSU enrollment targets from the prior year and proposes a 5% ongoing General Fund increase for core operations as the final year of the compact. The Legislative Analyst’s Office recommended a lower resident undergraduate enrollment target than the Governor’s proposal, separate funding for enrollment growth rather than folding it into base, a smaller or no base increase tied more closely to inflation, earmarking some base funds for capital renewal, retiring deferred payments, and avoiding new multi-year compact commitments. CSU said enrollment has rebounded for three straight years, but growth is uneven across campuses, with several Northern California campuses still facing structural declines tied to demographics and community college pipelines. CSU described a multi-year reallocation plan shifting about 10,000 FTE and $89 million in ongoing funding toward higher-demand campuses, plus $40 million in one-time support, and said seven campuses submitted turnaround plans aimed at recovering enrollment over the next several years. The system highlighted strategies such as dual enrollment, guaranteed admission pathways with community colleges, outreach to high school students, retention and advising efforts, and new degree models for working adults and military-connected students. Members raised questions about how campus targets are set, whether the May Board of Trustees discussion will address a systemwide enrollment framework, and how CSU will manage future deficits if projected out-year funding does not materialize. On core operations and facilities, CSU said it faces about $320 million in mandatory cost increases in 2026-27 and is pursuing shared services, procurement consolidation, campus administrative sharing, and program redesigns to reduce costs. CSU and the LAO emphasized the system’s large deferred maintenance backlog, estimated at $8.6 billion, and discussed whether CSU’s bond/debt capacity is sufficient to address it; CSU requested up to $1.1 billion for deferred maintenance, while the administration did not propose new funding. The committee also heard CSU’s annual Title IX and civil rights update: CSU said it has implemented 15 of 16 State Auditor recommendations, has dedicated Title IX coordinators at every campus, is using a systemwide case management dashboard, and is piloting centralized investigations at five campuses. Finally, on basic needs, the Governor maintained current funding levels for food assistance/basic needs, rapid rehousing, and mental health. CSU reported heavy use of food pantries, CalFresh support, emergency housing, and counseling services, while warning that federal changes to CalFresh and related funding could make it harder to serve students in need.
AR

Arkansas 2026 1st Special Session

JBC-PERSONNEL Apr 15th, 2026

JBC-PERSONNEL

Transcript Highlights:
  • We’re transferring positions within divisions of the Department of Health.
  • Is everything being transferred?” “Yes.
  • So the entire programs are transferring to the Department of Agriculture.
  • transfers were done this year.”
  • “With it being open, what are we seeing as the people applying?
Keywords: 1204, all
TX

Texas 89th Regular

Jurisprudence Apr 9th, 2025

Jurisprudence

Transcript Highlights:
  • Very well, we'll open public testimony.
  • Very well, seeing none, we'll open public testimony. Oh, welcome public testimony.
  • We'll open public testimony. Anyone wishing to testify for or against that bill?
  • Real property records showing that your property has been transferred to a third party.
  • We'll open up public testimony now on Senate Bill 1975.
Summary: The committee heard several probate, family law, judicial, property, and contract-related bills. Senate Bill 1335, relating to decedents’ estates, would remove outdated references to a clerk’s certificate, allow courts to remove personal representatives on their own motion with notice by qualified delivery method, and add independent administrators to provisions that referenced only independent executors; an estate-planning attorney testified in support, and the bill was left pending. Senate Bill 1760, concerning guardianship transfer fees and procedures, was described as setting a $45 filing fee for transferred guardianship cases and clarifying completion and dismissal procedures; it received no testimony and was left pending. Senate Bill 2127 would shorten the eligibility period for retired judges to serve as visiting judges from eight years to six, restrict practice in their assigned region for two years, and require conflict-related certification; it also was left pending without testimony. Senate Bill 302 would shift the cost of a traveling probate judge to the requesting estate or parties rather than the county; one witness registered in favor, no one testified, and the bill was left pending. The committee then considered a committee substitute for Senate Bill 252, which would clarify the parental presumption in conservatorship cases, require non-parents seeking relief against a parent to file an affidavit showing significant impairment to the child if relief is denied, require courts to state specific findings when overcoming the presumption, confirm the clear-and-convincing standard, and clarify that agreed prior orders do not defeat the presumption. The substitute was explained as consensus language from a work group, public testimony was reopened, and the bill was left pending. Senate Bill 1734, on deed fraud, would create a streamlined ex parte process for property owners to have fraudulent deeds declared void, modeled on the fraudulent lien statute; county clerk and title association representatives testified that it would provide a low-cost self-help remedy for a growing problem, and the bill was left pending subject to the chair. Senate Bill 1975 would prevent Texas contractors from being forced to litigate disputes in foreign jurisdictions and require disputes to be handled in the county where the project is located; it was presented as a repeat of a previously vetoed bill and was left pending. Finally, the committee took up a substitute for Senate Bill 1940, concerning transfer-on-death style beneficiary designations for manufactured homes. The substitute would allow one or more beneficiaries instead of only one, transfer the interest to surviving designated beneficiaries who survive by 120 hours, extend the application period for transfer to 365 days, void the designation if not timely filed, and require mailing by certified or registered mail with return receipt requested. The substitute was adopted without objection. The committee then recessed subject to the call of the chair.
NH
Transcript Highlights:
  • those students that are transferring interdistrict to count towards the open enrollment capacity.
  • And what I have heard, and if I may, discussions about inter-district transfers, testimony on open enrollment
  • And what I have heard, and if I may, discussions about inter-district transfers, testimony on open enrollment
  • Everybody go use open enrollment. Everybody go use open enrollment.
  • transferring to another school. transferring to another school.
Keywords: 1189, house, all
Summary: The committee of conference on HB 751 reviewed amendment 2026-1904H page by page, focusing on open enrollment rules, capacity definitions, statewide enrollment limits, denial criteria, transportation, and funding. Members discussed clarifying that districts may set capacity at zero if they truly have no room, creating a statewide enrollment cap of 500 that can increase by 25% if it reaches 90% utilization, and exempting seats already used by open enrollment students before October 1, 2026. They also discussed how the Department of Education would allocate seats through rulemaking, while local districts would still set capacity, with grandfathered seats preserved where districts already allow open enrollment. A substantial portion of the meeting centered on when districts may deny open enrollment applications. The amendment would allow denials for reasons such as chronic absenteeism or disciplinary history, while requiring districts to consider whether those issues are tied to disability, McKinney-Vento status, foster care, or bullying. Members emphasized that such factors are to be considered, not used as the sole basis for rejection, and noted that the bill separately prohibits receiving schools from accepting or rejecting applicants based on pupil needs, special education needs, disability, aptitude, or athletic achievement. There was also discussion of whether interdistrict transfers should count toward open enrollment capacity, with a suggestion that a carve-out may be needed. The committee also reviewed provisions on program-specific capacity, continuous enrollment, and transportation. It was explained that capacity can apply to a school, grade, program, or class, including CTE programs, and that students may be denied if a specific program is full or if they do not meet prerequisites. The group clarified that open enrollment pupils would maintain continuous enrollment without reapplying, though there was concern about how that would work if district capacity changes over time. Transportation would generally be the parent’s responsibility unless required by an IEP or 504 plan, though students may use an existing bus route if seats are available and the receiving district allows it. On funding, the committee noted that the amendment changes the earlier HB 751 approach and instead ties open enrollment funding to base adequacy, differentiated aid, and an additional grant modeled on charter school funding, with dates removed at the department’s request. Members also raised concerns about how open enrollment would interact with existing tuition agreements and whether districts could use the new pathway to alter or pressure those arrangements. Department staff said districts would still be required to maintain a school of record and provide an adequate education free of charge outside the open enrollment program, and that if open enrollment enrollment became unusually large relative to district adequacy enrollment, the issue could be brought to the state board. No votes were taken in the portion provided.
HI

Hawaii 2025 Regular Session

AGR Public Hearing - Fri Jan 31, 2025 @ 10:00 AM HST

Agriculture & Food Systems

Transcript Highlights:
  • testimony it was just kind of um open testimony it was just kind of um open what<00:19:21.559>
  • this bill is to ensure that transfers this bill is to ensure that transfers continue<00:23:06.799
  • <00:36:17.240> for manages are almost entirely open for manages are almost entirely open for
  • question I mean if if you want to open question I mean if if you want to open up<00:39:59.040>
  • open up there's just very few open open up there's just very few open hiking<00:42:00.400> areas
Keywords: 910, house, all
AR

Arkansas 2026 1st Special Session

JBC-PERSONNEL Apr 15th, 2026

JBC-PERSONNEL

Transcript Highlights:
  • We're transferring positions within divisions of the Department of Health.
  • Is everything being transferred? Yes, sir.
  • So the entire programs are transferring to the...
  • transfers were done this year.
  • With it being open, what are we seeing as the people applying?
Summary: The committee first considered the Lieutenant Governor’s Office budget and personnel request. Office representatives said they wanted to move the office to the state pay plan to better align salaries with other constitutional offices and remain competitive, noting that OPM had approved the positions and grades. Senators questioned the size of the requested increases and the office’s workload, and after discussion the motion to adopt the proposal failed on an 8-8 tie. The committee then voted to expunge that vote and returned to the regular agenda. The committee approved a series of Governor’s letters involving position transfers and appropriation adjustments across several agencies. These included changes for AETN, the Department of Health and Nursing Board/Dietetics Board, multiple DHS divisions, DFA shared services and budget management, and the Department of Public Safety shared services division. Most of these items involved moving positions and associated salary appropriations between divisions, with no major opposition and motions passing. A lengthy discussion followed on the transfer of child nutrition and related nutrition programs from the Department of Education to the Department of Agriculture. Education and DFA officials explained that the programs fit better under Agriculture because the funding and commodities are tied to USDA programs, and they clarified that both state and federal funding and all related positions would move. Senators raised concerns about the math in the letters, the split between state and federal funding, and whether all program resources were being transferred. After the explanation, the committee approved the Education side of the transfer and then approved the Agriculture companion letter. The committee also discussed the Educational Freedom Account program budget. Officials said the $309 million request matched current participation and included a $70 million reserve in case applications increase. Several senators expressed concern about the program’s growth and its effect on public education funding and adequacy, while others noted that the program’s rules and funding levels could be adjusted through the State Board and future legislative action. The committee then approved a Public Safety classification change and a member amendment changing a title at East Arkansas Community College from assistant to the president to assistant to the chancellor, with no change in positions or appropriation.
AR

Arkansas 2026 Regular Session

JBC-PERSONNEL Apr 15th, 2026

JBC-PERSONNEL

Transcript Highlights:
  • We're transferring positions within divisions of the Department of Health.
  • Is everything being transferred?” “Yes.
  • So the entire programs are transferring to the...”
  • transfers were done this year.”
  • “With it being open, what are we seeing as the people applying?
Summary: The committee first considered the Lieutenant Governor’s Office budget and personnel request to move that office onto the state pay plan and increase salaries for its positions. Office representatives said the request was intended to make pay competitive with other constitutional offices and state agencies, that OPM had approved the grades, and that the office did not plan to max out any positions. Members questioned the size of the increase and the office’s workload. A motion to adopt the proposal failed on a tie vote, and the committee then voted to expunge the vote before moving on. The committee then approved a series of Governor’s letters and related personnel transfers, including cuts for Arkansas Educational Television Network, transfers within the Department of Health and several DHS divisions, and a DFA shared services reorganization. The committee also approved moving child nutrition and related nutrition programs from the Department of Education to the Department of Agriculture, with department officials explaining that the programs fit better under Agriculture because the grants come from USDA and the transfer would include the positions and funding tied to the programs. Members raised questions about how the appropriations and positions were split between state and federal funding, and about the broader implications of the transfer, but the committee ultimately approved both the Education and Agriculture sides of the move. The meeting also included extended discussion of the Educational Freedom Account program. Members questioned the $309 million appropriation, whether it matched current participation, and whether future demand could require additional funding. Department officials said the amount covered current participation and that the governor had set aside an additional $70 million in case applications increased, but that any amount beyond the appropriation would require returning to the committee. Some members argued the program’s growth could threaten funding for public schools and adequacy, while others noted that the program is governed by rules under the LEARNS Act. The committee also approved a technical title change at East Arkansas Community College from assistant to the president to assistant to the chancellor.
NH

New Hampshire 2025 Regular Session

Senate Education (01/28/2025)

Education

Transcript Highlights:
  • school transfers there's about private school transfers there's something<01:18:43.080> a<01:
  • The transfer—the average cost of a given district—is the tuition amount allowed to be transferred.
  • um so I see this almost like opening um so I see this almost like opening that<01:51:14.320>
  • uh if the difference if the transferring uh if the transferring<02:09:10.480> students<02:09:
  • enrollment program but to force open enrollment program but to force open<02:32:15.240> enrollment
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

House Children and Families Finance and Policy Committee 2/11/25

Children and Families Finance and Policy

Transcript Highlights:
  • the Department of Health transferred the Department of Health transferred over<00:17:38.320>
  • <00:18:43.280> position work as a knowledge transfer position work as a knowledge transfer
  • <00:29:11.760> to that transferred to that transferred to DCF<00:29:13.600> in<00:29
  • 2000 to 2 2023 but we're transferring 2000 to 2 2023 but we're transferring some<00:44:37.480>
  • with with each of the transferring with with each of the transferring agencies<00:53:52.119>
Keywords: 1183, house
TX

Texas 89th 2nd C.S.

Senate Committee on Water, Agriculture, and Rural Affairs May 11th, 2026

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • functions, and these transfers are often described as general fund transfers, payments in lieu of taxes
  • And then as far as being able to challenge those transfers, case law is allowed so that citizens, Transfers
  • With one year of GFT, one year transfers, you could fix your problem if you didn’t transfer at one time
  • “This is transfer to the general?
  • And if we're opening one, humans.
Keywords: 1185, senate, all
FL

Florida 2026 4th Special Session

January 13, 2026 - 03:30 PM

Transcript Highlights:
  • And second, a newly developing problem, which is student athlete transfers.
  • My my other question is about the transfer students.
  • The transfer portion. Can you illustrate for the committee?
  • But Nuair is and in presentation of this bill is the transfer issue.
  • And just amazing how just think it's morphed into folks transferring to a 3 time.
MS

Mississippi 2026 Regular Session

MS Senate Floor - 7 January, 2026; 10:00 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • That students will want to transfer<01:12:33.800> to<01:12:34.080> a transfer to a transfer
  • transfers of students. transfers of students.
  • transfer? transfer?
  • Transfer. Transfer.
  • new transfer system? new transfer system?
Summary: The Senate convened with a quorum present, heard an invocation from Reverend Chip Stevens of First Baptist Church in Jackson, and recited the pledge of allegiance. The body then dispensed with the reading of the journal, committee reports, and bill titles, and received several guest introductions, including the president of Mississippi University for Women, the physician of the day, and the session’s pages. The main item of business was Senate Bill 2004, the Mississippi PERS Stability Act. Senator Sparks explained that the bill would provide a $500 million infusion to the PERS accumulated employers account on July 1, 2026, followed by $50 million annually for 10 years, with backup funding from unobligated general funds if needed. He said the measure was intended to help address the system’s roughly $26 billion liability and to support both state employees and local government employers, noting that the state had already taken other steps to strengthen PERS. The bill was advanced to engrossed status, read for the third time, and placed on the calendar for final passage. Senator Norwood asked whether the funding would help local governments, and Senator Sparks said it would, because the liability is shared by all employers in the system and affects local balance sheets and bond ratings. Senator Bryan then spoke at length in opposition to the broader direction of retirement policy, criticizing the committee process, the fragmentation of retirement legislation, and what he described as incentives for privatization and unfair treatment of new hires. He said he would still vote for the bill because it sends money into the system, but argued that the state should focus retirement benefits on older retirees and avoid further benefit expansions. Senator Sparks responded that the bill was a necessary cash infusion to honor commitments to employees, stabilize the system, and avoid insolvency, and said more PERS legislation would follow.
TX

Texas 89th Regular

Jurisprudence (Part I) Apr 9th, 2025

Jurisprudence

Transcript Highlights:
  • We'll open public testimony on Senate Bill 1335. And the sheriff calls Meredith McIvor. A.
  • Very well, we'll open public testimony.
  • Very well, seeing none, we'll open public testimony.
  • Oh, we open public testimony, and the chair calls Rick Thompson.
  • We'll open up public testimony now on Senate Bill 1975.
NH
Transcript Highlights:
  • be prevented if the transfere actually be prevented if the transfere is<01:15:54.640> someone
  • and that is the real estate transfer and that is the real estate transfer tax.<01:37:47.199>
  • <01:38:00.639> of interest in real estate transfer of interest in real estate transfer of
  • <01:42:08.239> But get a transfer tax. But get a transfer tax.
  • <01:42:21.360> Could and transferring the tokens? Could and transferring the tokens?
Keywords: 1189, house, all
Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.