Transcript Highlights:

• We'll be taking up matters on financial literacy, financial fraud, and financial technology, fintech.
• In 2025, so far, we've had at least 11 reports of fraud involving cryptocurrency kiosks.
• Back then it involved ATMs and bank fraud.
• So the best way to address crypto fraud is to prevent it in the first place.
• Yet, I believe we can limit the scams and frauds without restricting good behavior.

Committee: Joint Joint Committee on Financial Services

Summary: The committee heard testimony on several financial services bills, with the main focus on cryptocurrency kiosk regulation, financial literacy, and earned wage access. Legislators and witnesses described widespread crypto-related scams targeting older adults, often involving impersonation, urgency, spoofed phone numbers, and rapid transfers through kiosks that are difficult to trace or recover. Supporters of the kiosk bills said Massachusetts needs licensing, registration, transaction limits, warning notices, receipts, refund protections, and other safeguards; some also urged a “pause” or hold on transactions to give victims time to reconsider and allow law enforcement to intervene. The Attorney General’s office, AARP, local law enforcement, and several prosecutors and sheriffs backed the consumer-protection approach, while Bitcoin Depot supported a narrower regulatory framework but opposed low fee caps and strict daily limits, arguing they would function like a ban and reduce legitimate use. Witnesses from Waltham police, Middlesex and Essex County law enforcement, and the AG’s office said crypto scams are growing quickly, losses are often unrecoverable once funds move, and current tools are limited. They described cases involving elderly victims losing thousands of dollars, and said warnings alone are not enough because scammers keep victims on the phone and guide them through the process. Some witnesses said a temporary hold or refund mechanism has worked in at least one case, while others emphasized that transaction limits and visible disclosures could reduce harm even if they do not stop fraud entirely. The AG’s office also said it would submit written opposition to separate earned wage advance legislation, while DailyPay testified in support of that bill, saying earned wage access helps workers bridge short-term gaps without debt or credit reporting. The committee also heard support for mandatory financial literacy education from Representative Jim Hawkins, who said high school students need instruction on credit, debt, and inflation before they enter adulthood. In addition, the committee took testimony on litigation financing bills from insurance industry representatives, who argued for disclosure and regulation of predatory litigation lending and warned about foreign interference and reduced plaintiff recoveries. No votes or final actions were taken during the hearing; members asked questions throughout, and the chair noted the need to move testimony along because of time constraints.

Transcript Highlights:

• You have an opportunity to strengthen this bill without undermining its broader financial framework.
• A coordinated land banking framework gives mission-driven builders access to land that's already sitting
• It creates a framework to create this, and that's why we strongly support the bill.
• The governor must support and facilitate coordination between state agencies to follow the framework
• This framework ensures we will make better use of state resources in the future.

Bills: HB1069 , HB2091 , SB6355 , HB2104 , SB6003 , HB2441 , HB2124 , HB2610 , HB2338

Committee: Senate Ways & Means

Keywords: collective bargaining, retirement benefits, employee rights, public sector, supplemental benefits, public employers, employee information, bargaining representatives, labor relations, union representation, electric transmission, energy policies, infrastructure, regulatory framework, transmission systems, aviation, wildland fires, funding, disaster relief, emergency response

Bills: HB2325 , HB2521 , HB2720 , HB1960 , HB2073 , HB2675 , HB2681

Keywords: tourism, tourism promotion, Washington Tourism Marketing Authority, assessment, self-supported assessment, visitor economy, destination marketing, statewide marketing, lodging, hotels, restaurants, travel services, attractions, recreation, retail, beverage producers, arts and culture, tribal nations, tribal businesses, rural communities

Bills: HB2397 , HB2417 , HB2157 , HB2186 , HB2225 , HB2351

Committee: House Technology, Economic Development, & Veterans

Keywords: fire services, reimbursement, state agencies, local jurisdictions, mobilization plan, military justice, victims' rights, militia, Washington code, legal protections, artificial intelligence, AI regulation, algorithmic discrimination, high-risk AI, machine learning, generative AI, synthetic content, impact assessment, risk management policy, consumer protection

Bills: HB5208 , SB863 , SB1243 , SB1624 , SB1965 , SB2660 , SB2702 , SB2885

Committee: House Natural Resources

Keywords: water filtration, public drinking water, health and safety, well maintenance, water quality, Edwards Aquifer, water conservation, reclaimed water, aquifer storage, environmental protection, public utility agency, dissolution, local government, regulatory framework, municipal authority, Texas Water Bank, Texas Water Trust, water rights, water banking, instream flow

Bills: SF3045 , HF2783 , HF1943

Committee: House Ways and Means

Keywords: omnibus, state government, local government, elections, campaign finance, voter registration, absentee voting, election administration, electronic rosters, lobbying, lobbyist disclosure, state budget, appropriations, biennial budget, Minnesota Secretary of State, Minnesota Management and Budget, state personnel, civil service, affirmative action, disability employment

Transcript Highlights:

• Currently, someone can request details on the Texas Workforce Commission's fraud detection and prevention
• This is like providing the fraudster with a map to circumvent anti-fraud methods, and that's definitely
• HB 2788 will help to keep the information related to the Commission's anti-fraud efforts away from the
• Records Act exception for the Workforce Commission's Fraud Detection and Prevention information.
• I'm Jason Stilinski, Deputy Director of Fraud at the Texas Workforce Commission, and I am a re- Source

Bills: HB431 , HB648 , HB 1006 , HB1926 , HB2037 , HB2468 , HB2788 , HB2791 , HB3255 , HB3260

Committee: House Trade, Workforce & Economic Development

Keywords: HB 431, Texas Property Code, Property Code Chapter 202, solar roof tiles, solar shingles, solar energy device, homeowners association, HOA, property owners' association, POA, renewable energy, residential solar, distributed solar, roof-mounted solar, homeowner rights, architectural control, restrictive covenants, real estate, subdivision regulations, multi-zoned subdivisions

Bills: SB292 , HB351 , HB141 , HB273 , SB292 , HB351 , HB141 , HB273

Committee: Senate County and Municipal Government

Keywords: education oversight, subpoena authority, investigation, State Superintendent, school misconduct, ad valorem tax, road funding, local government, referendum, Choctaw County, HB141, Alabama, state employees, salary deductions, payroll deduction, State Comptroller, membership dues, voluntary contributions, insurance premiums, financial instruments

Transcript Highlights:

• Table, forming an enrollment fraud working group.
• This type of enrollment fraud is on the rise.
• And step for addressing a clear fraud.
• They started damaging news from the GAO.
• </c><00:51:13.200><c> has</c> is needed, which is what the GAO has is needed, which is what the GAO has

Committee: Senate Higher Education

Bills: HB886 , HB1514 , HB2434 , HB2688 , HB2802 , HB3161 , HB3221 , HB4029 , HB4339 , HB4591 , HB4774 , HB4802 , HB4853 , HB5627 , SB1737

Committee: House Pensions, Investments & Financial Services

Keywords: retirement, supplemental payment, benefits, Employees Retirement System, eligible annuitants, legislation, annuity, service credit, Employees Retirement System of Texas, employee benefits, pension reform, public retirement systems, municipality pensions, firefighters, police officers, retirement age, DROP program, actuarial studies, pension benefits, municipal retirement

Bills: HB886 , HB1514 , HB2434 , HB2688 , HB2802 , HB3161 , HB3221 , HB4029 , HB4339 , HB4591 , HB4774 , HB4802 , HB4853 , HB5627 , SB1737

Committee: House Pensions, Investments & Financial Services

Keywords: retirement, supplemental payment, benefits, Employees Retirement System, eligible annuitants, legislation, annuity, service credit, Employees Retirement System of Texas, employee benefits, pension reform, public retirement systems, municipality pensions, firefighters, police officers, retirement age, DROP program, actuarial studies, pension benefits, municipal retirement

Transcript Highlights:

• Upon taking office, the Biden administration reinstituted longstanding anti-fraud controls and put new
• As a result, the Biden administration has created new safeguards to reduce the potential for this fraud
• As a result, the Biden administration has created new safeguards to reduce the potential for this fraud
• As a result, the Biden administration has created new safeguards to reduce the potential for this fraud
• As a result, the Biden administration has created new safeguards to reduce the potential for this fraud

Bills: HR818 , HR832 , HR825 , HR828 , HR804 , HR754 , HR788

Keywords: impeachment, judge, criminal conduct, judicial behavior, Supreme Court, assassination attempt, sentencing, ideology, National Chemistry Week, education, STEM careers, science promotion, public engagement, government transparency, communication, House of Representatives, appropriations, furlough, Federal agencies, military service

Transcript Highlights:

• It requires establishment of a biological aquatic risk-based framework for assessment and approval of
• So my question is, how would this new framework impact people already holding a permit for aquaculture
• </c><02:09:52.480><c> and</c><02:09:52.639><c> ensure</c> how it will prevent fraud and ensure how it
• </c><02:10:05.440><c> and</c><02:10:06.079><c> uh</c> and actions to prevent fraud and uh and actions
• to prevent fraud and uh address<02:10:06.560><c> and</c><02:10:06.800><c> report</c><02:10:07.040><c

Bills: HB1602 , HB2246 , HB1707 , HB2216 , HB2594 , HB2595 , HB2155 , HB2113 , HB2207 , HB1832 , HB2015 , HB2152 , HB2548

Committees: House Agriculture & Food Systems , House Agriculture and Environment

Keywords: agriculture, grant specialist, financial support, farmers, Hawaii, federal grants, grant administration, revolving fund, department of agriculture and biosecurity, grant compliance, transportation, reimbursement, food security, local production, sustainability, agricultural loans, financing, Department of Agriculture and Biosecurity, Hawaii agriculture, loan portfolio

Bills: HB2157 , HB2351 , HB2365 , HB2357 , HB2446 , HB2523 , HB2606

Committee: House Technology, Economic Development, & Veterans

Keywords: artificial intelligence, AI regulation, algorithmic discrimination, high-risk AI, machine learning, generative AI, synthetic content, impact assessment, risk management policy, consumer protection, civil rights, discrimination, facial recognition, automated decision-making, deployers, developers, Washington RCW, Title 19 RCW, employment, housing

Transcript Highlights:

• Being wasted, abused, or fraud, maybe credible allegations of fraud occurring.
• </c> of Fraud and it's very easy to say fraud of Fraud and it's very easy to say fraud and<00:20:38.480
• We say fraud and abuse. I know what fraud is.
• We say fraud and abuse. I know what fraud is.
• We say fraud and abuse. I know what fraud is.

Bills: HF23 , HF1355

Committee: House Workforce, Labor, and Economic Development Finance and Policy

Keywords: whistleblower, whistleblower protections, public employees, state employees, retaliation, reporting fraud, misuse of authority, personal gain, state government, state services, state programs, legislative auditor, constitutional officer, public corruption, fraud reporting, government accountability, employee rights, labor law, Minnesota Statutes 181.931, Minnesota Statutes 181.932

Transcript Highlights:

• were later determined to be what they call imposter fraud.
• Unemployment insurance hadn't really been a target for fraud before this. e-fraud before the pandemic
• For identity fraud? Mm-hmm. As of...
• We don't want any fraud.
• It does not correlate with the reduction in fraud.

Bills: SB317 , SB1250 , SB1520 , SB1950 , SB2298 , SB2532 , SB2539 , SB2747 , SB2925 , SB2993

Committee: Senate Economic Development

Transcript Highlights:

• She also noted that GAO reports are often reissued and that they typically go back and do analyses of
• She also noted that GAO reports are often reissued and that they typically go back and do analyses of
• While it follows GAO standards, these reports focus more on whether there are issues.
• We have different types of reports similar to GAO, and we do kind of look to them.
• The Green Book is put out by GAO.

Committee: House Elections Finance and Government Operations

Transcript Highlights:

• There are several steps to the conceptual framework process and three possible outcomes.
• First, speaking with the GAO is not a safeguard. It's simply a conversation about the threats.
• In your experience, does the GAO clear auditors to conduct audits? Is there a process?
• My experience is that the GAO would not clear anyone in any way.
• Exactly, by using that conceptual framework. Okay, thank you. Thank you, Madam Chair.

Summary: The subcommittee hearing focused on whether the Office of the State Auditor may constitutionally audit the Massachusetts Legislature under Chapter 250 of the Acts of 2024 and what such an audit could include under generally accepted government auditing standards. Chair Cindy Friedman opened by explaining the background: voters approved Ballot Question 1 in November 2024, the law took effect in January 2025, and the Auditor then initiated audits of both chambers. The chair said the subcommittee was seeking expert testimony because the proposed audit scope, constitutionality, and possible bias concerns remained unresolved. Public testimony was invited, but no members of the public pre-registered; written testimony remained open for a short period after the hearing. The hearing then proceeded with invited experts on constitutional law/state government and auditing-related issues. Professor Lawrence Friedman testified that the ballot initiative’s approval by the Attorney General and by voters did not resolve constitutional questions, and he argued Chapter 250 violates the Massachusetts Constitution. He said the Legislature has constitutional authority to set its own rules and manage its proceedings, and that an executive-branch audit would intrude on legislative deliberation, speech and debate protections, and separation of powers. He also warned that even audits of supposedly administrative matters could become a vehicle for repeated document demands and litigation that would indirectly burden legislative functioning. In questioning, senators pressed him on the line between administrative and deliberative functions, the role of the Attorney General versus the courts, the possibility of retroactive audit scope, and whether prior legislative consent to audits mattered; he said prior consent would not bind future legislatures and that constitutionality is ultimately for the courts. Professor Ray La Raja also opposed the audit, framing it as a threat to institutional independence and representative democracy. He argued that allowing an executive-branch official to audit the Legislature without consent would upset separation of powers, chill internal debate, and create a precedent for broader executive intrusion. He said voters often support “transparency” reforms without fully appreciating institutional consequences, and that legislatures should defend their autonomy, especially amid what he described as broader executive overreach nationally. Senators asked about chilling effects, the practical distinction between administrative and core legislative functions, and whether the courts or the Legislature should resolve the issue; he said the courts would ultimately adjudicate disputes, but the Legislature should not waive its constitutional authority lightly. Jean Kempthorne took the opposite view, arguing the audit is permissible and should proceed. She said the state auditor is a constitutional officer accountable directly to the people, that the audit power can be expanded by statute, and that separation of powers does not require watertight compartments. She contended the audit would not displace core legislative powers because the auditor can only evaluate operations, report findings, and make recommendations. She also argued the Legislature itself already conducts audits of other branches, so it is inconsistent to claim an audit of the Legislature is unconstitutional. In response to senators’ questions, she said there are guardrails against truly intrusive requests, but that the administrative-versus-legislative distinction is not a workable bright line; she suggested disputes should be handled case by case, with objections, negotiation, or litigation if specific requests go too far. No votes or formal actions were taken at the hearing.

Transcript Highlights:

• </c><00:32:13.919><c> committee,</c> our work here at the fraud committee, our work here at the fraud
• </c> talked a lot about fraud prevention. talked a lot about fraud prevention.
• And the GAO report eligibility.
• Now, I guess I'll just start by noting the bifurcation of fraud and non-fraud overpayments, right?
• unless you spend more money to try and eradicate the fraud than the fraud that's occurring.

Committee: House Fraud Prevention and State Agency Oversight Policy

Transcript Highlights:

• I'm proud that this legislation includes my Closing the Provider Fraud Gap Act, which commissions GAO
• I'm proud that this legislation includes my Closing the Provider Fraud Gap Act, which commissions GAO
• I'm proud that this legislation includes my Closing the Provider Fraud Gap Act, which commissions GAO
• I'm proud that this legislation includes my Closing the Provider Fraud Gap Act, which commissions GAO
• The Closing the Provider Fraud Gap Act commissions GAO to conduct a study on existing federal fraud prevention

Bills: HCR84 , HR518 , HCR86 , HB7726 , HB2860 , HB8872 , HR1333 , SB254 , HB7618

Keywords: War Powers Resolution, Lebanon, troop withdrawal, U.S. Armed Forces, military deployment, foreign policy, congressional war powers, executive authority, Middle East, troop removal, concurrent resolution, defense policy, overseas deployment, Ukraine, support, foreign affairs, military aid, international relations, War Powers, military action