Video & Transcript Research : 'payment stablecoin'

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ND

North Dakota 2025-2026 Regular Session

Senate Appropriations - Education and Environment Division Apr 11th, 2025 at 09:30 am

Appropriations - Education and Environment Division

Transcript Highlights:
  • That was for the changes in the sources that we use to create our per-pupil payments.
  • So that's basically the amounts that are directed to go to the per-pupil payments for the funding sources
  • That was for the changes in the sources that we use to create our per-pupil payments.
  • The amounts that are directed to go to the per-pupil payments for the funding sources.
  • So that's the total amount that we add now to the foundation aid payment.
Bills: HB1540
Summary: The committee first took up amended bill 10-13, a school funding and education appropriations measure. Senator Schaible walked through the final version, which included changes to foundation aid, transportation grants, free and reduced-price meals funding, paraprofessional and teacher support programs, Native American education items, library and school facility projects, and several one-time grants. Members discussed removing the science center grant funding, and Senator Meyer objected to that removal, arguing that Grand Forks had raised matching private and local funds and that other cities had received similar state support. The committee also agreed to adjust regional education association funding to reflect six centers rather than seven, reducing that line to $600,000. The committee then adopted the amendment to 10-13 unanimously and passed the bill as further amended on a unanimous roll call, with Senator Shively designated as carrier. After a brief recess, the committee turned to bill 1540, but no formal action was taken. Bank of North Dakota and OMB representatives raised concerns that the draft included policy changes and procurement/IT exemptions that needed further discussion. Members agreed the bill would be delayed until Monday so the Bank, OMB, and NDIT could confer and work through the mechanics and policy issues before the committee moved it forward.
MD

Maryland 2026 Regular Session

House Floor Session, 3/18/2026 #2

Maryland House Floor Meeting

Transcript Highlights:
  • 36:18.680> coin institutions, payment stable coin institutions, payment stable coin services,<
  • But the asset that you peg the stablecoin to does not always have to be the dollar.
  • House Bill 1441, criminal law public consumption and open container pre-payment of citation.
  • <01:53:07.000> House pre-payment of citation All right.
  • House pre-payment of citation All right.
ND
Transcript Highlights:
  • as lease payments for building projects.
  • The lease payments to do the bonding and structure as lease payments for building projects.
  • , interest payments, Federal Reserve line access, correspondent services, bond payments, bond splits,
  • Our payment rails are not fast, cheap, and integrated. Banking needs a new set of payment rails.
  • working on the underlying blockchain-enabled payment transaction framework, the payment rail in its
Keywords: 908, all
Summary: The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies. Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash. Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment. The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.
MD

Maryland 2026 Regular Session

Senate Floor Session, 3/10/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • Senate Bill 662, Senator Kramer, financial institutions payment stablecoin services establishment and
  • Senate Bill 662, Senator Kramer, financial institutions payment stablecoin services establishment and
  • Senate Bill 662, Senator Kramer, financial institutions payment stablecoin services establishment and
  • financial institutions payment financial institutions payment stablecoin<00:52:32.160> services
  • stablecoin service institutions payment stablecoin service institutions and<00:53:00.240> state
TX
Transcript Highlights:
  • Of course, the Bitcoin strategic reserve concept came up, but also another... concept: stablecoins.
  • Stablecoins are the 15th largest buyer of U.S. debt, specifically U.S. Treasuries.
  • Treasuries purchased, stablecoins are considered forced buyers of Treasuries.
  • conversing about, is that he believes—and I believe, and many others—that this industry, Bitcoin, stablecoins
  • So, as far as addressing storms and how they've affected the payments in the past with an expectation
NH
Transcript Highlights:
  • I think it's called the Payment Stablecoin Act, and that bill has been worked on since earlier 2024,
  • <00:14:08.959> coin payment the payment stable stable coin payment the payment stable stable
  • They issue U.S. dollar-backed stablecoins.
  • But we think of a stablecoin as being pegged to the dollar.
  • hardship whatsoever I worked out payment hardship whatsoever I worked out payment plans<05:13:34.320
Keywords: 928, house, all
Summary: The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops. Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight. Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.
US
Transcript Highlights:
  • If America had instituted real-time payments when England did.
  • This is about the kind of payment system we're going to have in our country.
  • To be clear, the HCU's responsibility is for making the payments, always drives...
  • The payment process.
  • From accessing the payment system, and that chart puts my hair on fire.
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 2/23/26

Health Finance and Policy

Transcript Highlights:
  • I do not have the ability to accept a client's insurance as payment like doctors do.
  • insurance<00:30:38.399> as to accept a client's insurance as to accept a client's insurance as payment
  • <00:30:41.279> Massage<00:30:41.840> therapy payment like doctors do.
  • Massage therapy payment like doctors do.
TX

Texas 89th Regular

Trade, Workforce & Economic Development Apr 23rd, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • The Texas Construction Trust Fund Act was enacted over 30 years ago to protect payments designated as
  • Certain payments are considered trust funds, ensuring that contractors and suppliers are paid properly
  • in the payment chain.
  • This bill promotes transparency and avoids abuse while allowing those who have honored their payment
  • When used properly, liens can be helpful tools to secure payment for debt.
KY
Transcript Highlights:
  • Just quick, uh, do you have any access to Medicaid for payment for your students or have you applied
  • >> Our next agenda item is pharmacy payment >> Our next agenda item is pharmacy payment
  • Medicaid payment for pharmacist.
  • Medicaid payment for pharmacist<01:07:46.319> services<01:07:47.039> would<01:07:47.359
  • I urge you to support Medicaid payments for pharmacist clinical services. >> Questions?
Summary: The committee first approved the prior meeting minutes and recognized Eric Clark for his service, noting this may be his last meeting before he leaves state government. The main presentation was from Allison Adams, president and CEO of the Foundation for a Healthy Kentucky, who described the organization’s history, nonpartisan mission, and focus on health equity, prevention, and upstream policy solutions. She said Kentucky’s poor rankings in chronic disease, preventable hospitalizations, and life expectancy show the need to shift resources toward prevention and community-driven strategies rather than relying mainly on treatment after people become sick. Adams emphasized leading health indicators, arguing that lawmakers should track actionable measures such as quit attempts and smoke-free policies instead of only lagging indicators like disease rates and mortality. In response to questions, she said accountability should be shared across communities and systems, with possible incentives and disincentives tied to outcomes, and she supported creating a public data utility or dashboard, ideally with university partners, to help legislators and communities monitor progress. She also cited examples of accountable health community models and said Kentucky could adapt similar approaches. The committee then heard from Meade County Schools Superintendent Mark Martin and district health coordinator Karen Kotche about the Healthy Kids Clinic partnership with Cumberland Health. They described a seven-year effort that led to full implementation in the district, which now has a nurse in every school and a nurse practitioner, allowing services such as sports physicals and other clinic functions to be provided on campus. They said the program has been a strong investment for students and the community and began explaining how the district built the partnership after earlier efforts and delays, including the pandemic.
ND

North Dakota 2026 1st Special Session

Budget Section Regulatory Division Jun 24th, 2026

Transcript Highlights:
  • The building authority has the option to do the lease payments and structure the bonding as lease payments
  • payments, interest payments, Federal Reserve line access, correspondent services, bond payments, bond
  • Our payment rails are not fast, cheap, and integrated. Banking needs a new set of payment rails.
  • working on the underlying blockchain-enabled payment transaction framework, the payment rail in its
  • So it's three years of no interest, no payments, two years of low-interest payments, and then it's due
Summary: The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately. Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement. Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses. The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • same with ATM and point-of-sale skimmers, except TDLR is not involved, since they do not regulate payment
  • We want to make sure that we're not wasting public money through unnecessary long-term interest payments
  • But basically, we shouldn't be spending— we shouldn't be making interest payments 28 years from now on
  • To whether or not some sort of retroactive payment may be necessary to cover benefits for folks who have
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • This session, we're set to make an extra $1 billion payment into the fund.
  • humble suggestion to this committee would be: why not use a small portion of that extra $1 billion payment
  • This payment will cost, I think, in the fiscal note it was only about $180 million.
  • Again, we already have an extra payment ready to be made of a billion dollars.
  • thank him for acknowledging the needs... ...of retirees in the ERS system to receive a supplemental payment
TX

Texas 89th Regular

Intergovernmental Affairs Mar 18th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • This bill is focused on using taxpayer money to just give cash payments to people.
  • This bill is focused on using taxpayer money to just give cash payments to people.
  • It has to do with taking taxpayer money and giving cash payments to individuals.
  • And what was the monthly payment you all were offering, $500 a month?
  • Social Security payments have worked for many, many years.
FL

Florida 2026 Regular Session

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

Florida House Floor Meeting

Transcript Highlights:
  • So it talks about payments and agents, but when you read it...
  • CS for CS for House Bill 175, a bill to be entitled an act relating to payment stablecoin.
  • Lombardo and others, CS for CS for House Bill 175, a bill to be entitled an act relating to payment stablecoin
  • Relating to payment stablecoin. Are there any amendments? No, that is, Mr. Speaker.
  • This means that if a payment stablecoin issuer registers in California, New York, or Illinois and does
Summary: The House opened with prayer, a moment of silence for former member Chester Clem, the Pledge of Allegiance, and quorum confirmation. Members then adopted the special order report for the day and approved a Rules and Ethics Committee report amending House Rule 15.3 to allow fundraising under certain circumstances during extended or special sessions. The chamber then took up several bills. HB 1405 on a statewide project for missing persons with special needs passed unanimously. CS/CS/CS/SB 290, the Department of Agriculture and Consumer Services bill, passed 94-10 after debate focused on conservation land surplus procedures and agricultural use of state lands. CS/CS/CS/HB 905, the “Fire Act” on foreign influence, foreign gifts, critical infrastructure, sister city agreements, and related restrictions, passed 80-20 after the House adopted an amendment adding a prohibition on certain surrogacy contracts involving citizens or residents of foreign countries of concern. CS/CS/HB 1197, dealing with information technology procurement and contracting, passed 109-0. HB 1103 on local administration of vessel restrictions passed unanimously. The House also debated CS/CS/CS/HB 399 on land use and development regulations. Supporters said it would limit development fees, standardize compatibility rules, allow manufactured homes in RV parks, and lower voting thresholds for comprehensive plan changes to address housing affordability; opponents argued it would preempt local control, weaken voter-approved urban boundary protections, and risk conservation lands. An amendment to preserve Orange County’s boundary rules failed, while a technical amendment on manufactured homes passed. The bill then passed 71-38. The House also passed several local bills, including measures for the Pace Fire Rescue District, Avalon Beach/Mulat Fire Protection District, East Point Water and Sewer District, Fellsmere Water Control District, and Headwaters Water Control District, with votes ranging from 83-27 to unanimous approval. The transcript also included farewell remarks from Representative Angie Nixon before the House returned to remaining business.
FL

Florida 2026 Regular Session

Senate in Session Mar 6th, 2026

Florida Senate Floor Meeting

Transcript Highlights:
  • Florida currently has a SNAP payment error rate of over 15 percent.
  • Among technical changes, this amendment expands the list of payment stablecoins that DFS can choose from
  • to include federally compliant payment stablecoins that are regulated by other states.
  • However, this amendment provides a preference to payment stablecoins regulated by the Office of Financial
  • I wanted DFS to cast the widest net possible so the pilot program can use the best payment stablecoins
Summary: The Senate convened with a quorum, opening prayer, Pledge of Allegiance, and several introductions and recognitions, including a resolution honoring Bob Graham and a moment of silence for firefighter Roger Timmy Miley. The chamber then moved through a special-order calendar with multiple bills, many of them paired with House companions and amended before final passage. Early action included adoption of a tax conformity bill tied to federal changes in the Internal Revenue Code, with a 34-0 vote. The most extensive debate centered on CS/CS/SB 1758, a Medicaid and SNAP reform bill. The sponsor described provisions to strengthen fraud enforcement, impose work requirements for able-bodied adults, expand behavioral health services through a waiver, modernize Medicaid drug purchasing, and require a SNAP fraud-reduction plan and photo ID on EBT cards. Democrats offered amendments to delay work requirements until Medicaid expansion and to add protections for SNAP users such as caregivers, seniors, disabled individuals, and domestic violence survivors; both amendments failed. Senators also questioned implementation details, exemptions, and potential effects on vulnerable populations. After debate, the bill was placed on the calendar for third reading. The Senate also passed bills on technology education and AI instruction, a public records exemption and related Parkinson’s Disease Registry measures, designation of the SS American Victory as the state flagship, electronic payments for local governments, repeal of the sunset on legal tender recognition for gold and silver, public records protections for financial and digital-asset custodians, a Florida stablecoin pilot program, local government budget transparency, digital voyeurism, insurance customer representative licensing, and a medical freedom bill with amendments on vaccine-related materials and anti-kickback provisions. Most of these measures passed with little or no opposition, though the public records bill for gold/silver custodians and the legal tender repeal drew a few dissenting votes.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-03-06 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • Florida currently has a SNAP payment error rate of over 15 percent.
  • Among technical changes, this amendment expands the list of payment stablecoins that DFS can choose from
  • to include federally compliant payment stablecoins that are regulated by other states.
  • However, this amendment provides a preference to payment stablecoins regulated by the Office of Financial
  • I wanted DFS to cast the widest net possible so the pilot program can use the best payment stablecoins
Keywords: 998, house, all