Transcript Highlights:

• Bond around do whatever.
• , and bond-related projects, providing a civil penalty.
• It simply adds the amount that will be spent annually for a debt service if a bond is passed.
• , taxes, and bond-related projects.
• SB 2395 by Creighton relating to general obligation bonds.

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:

• Now we'll move on to tab 13. [00:10:50.000] This is tab 13, CS for SB 1674 on unrated bonds by Senator
• additional rating requirements that conflict with state law, making it harder to invest in Israel bonds
• This bill does not expand authority, but reinforces existing law and applies only to Israel bonds.
• do not override this exception, and there is still the opportunity to continue purchasing Israeli bonds
• This amendment further clarifies that the bill's language only applies to Israel bonds.

Summary: The committee heard and acted on a long agenda of local, housing, education, construction, and claims bills. It first took up SB 1730 on affordable housing/Live Local changes, adopting an amendment that narrowed and clarified several provisions, including density, height, parking, attorney fees, and exclusions for certain protected areas, then reported the bill favorably. It also approved SB 1674, which clarifies that local investment restrictions cannot block Israel bonds, after a clarifying amendment. SB 140 on charter schools was reported favorably after significant debate over school conversion, teacher contracts, local control, and the use of surplus school property for housing or other public purposes; several speakers opposed it as harmful to public schools, while the sponsor said it preserved district authority and added options for municipalities and job creation. The committee also passed SB 96 and SB 4, two local claims bills, and SB 1714, which allows SHIP funds to help mobile home owners with lot rent and requires local housing plans to address mobile home park closures.

Transcript Highlights:

• Obviously, our members are all down, and almost all down in Bond.
• Yes, I'm presenting on behalf of Senator Mansavino, who says he's in Bond.
• Senator Poor is down in the Bond Committee. Representative Miner Brown and Senator Poor.
• Senator Walsh is engaged in an epic, Herculean battle downstairs in Bond Bill.
• Senator Walsh is engaged in an epic herculean battle downstairs in Bond Bill.

Bills: HB373

Keywords: infused beverages, THC, alcohol control, regulation, non-intoxicating cannabinoids, marijuana, legalization, taxation

Summary: The Senate Banking, Business, Insurance & Technology Committee met in hybrid format and heard testimony on several bills. HB 373, as amended, would regulate hemp-derived THC-infused beverages by defining the products, limiting them to 10 mg of Delta-9 THC per container, restricting sales to package stores and licensed marijuana retail stores, requiring testing and labeling, and imposing a 50-cent per container tax; the sponsor said the bill is intended to create guardrails and protect youth, and a wholesaler representative testified in support. HB 398 would allow racinos to serve alcohol until 2 a.m. and remove local authority to require earlier closing times; the sponsor and Bally’s representative said it would help Delaware remain competitive and increase revenue, and no opposition was heard. HB 433 would let municipalities and counties extend last call for bars, restaurants, and clubs from 1 a.m. to 2 a.m.; a witness from Connect Delaware supported it as a competitiveness and retention measure, emphasizing that it is permissive rather than mandatory. The committee also heard extensive testimony on HB 441, which would ban cryptocurrency kiosks/crypto ATMs in Delaware and require existing machines to be removed within 90 days. The sponsor and supporters, including AARP, the Delaware Department of Justice, and the League of Women Voters, argued the machines are heavily used in scams, especially against older adults, and that regulation has not been effective. CoinFlip opposed the bill, saying it is a regulated operator, that the fraud statistics are overstated or incomplete, and that Delaware should instead adopt a regulatory framework and amendment. HB 465 would update the criminal code to formally define virtual currency and incorporate it into theft, money laundering, racketeering, and search-and-seizure provisions; the sponsor said it would align Delaware law with modern crypto-related crimes, and no opposition was presented. The committee then heard HB 467, which would prevent landlords from requiring renters to buy insurance from a specific company while still allowing them to require coverage meeting lease terms; the sponsor described it as a consumer-choice bill and there was no public opposition. HB 435 would require payment parity for certified registered nurse anesthetists and physicians when the same services are provided; the sponsor, nurse anesthetists, the Delaware Health Care Association, the Department of Insurance, and ChristianaCare supported it as a workforce and access-to-care measure, with no opposition. Finally, HS 1 for HB 450, the Road DE Act, would overhaul permitting and traffic-impact review, emphasize peak-hour traffic, set density standards in growth areas, create a transportation impact fee, and direct some revenue to open space, farmland, and coastal restoration; realtors, builders, environmental groups, engineers, and GEAR supported it as a way to speed permitting, reduce sprawl, and improve infrastructure planning. The committee adjourned after public comment; no votes were recorded in the transcript.

Transcript Highlights:

• The added clause to Section 17 of Chapter 775, a section which limits bond issuance to only reasonable
• , necessary amounts, would greatly broaden and expand the issuance of bonds.
• , necessary amounts, would greatly broaden and expand the issuance of bonds.
• Section 75, a section which limits bond issuance to only reasonable, necessary amounts, would greatly
• broaden and expand the issuance of bonds.

Keywords: 995, all

Summary: The committee heard testimony on a range of energy, utility, broadband, and municipal infrastructure bills. Representative Powell supported H 3466, which would create a task force to study public ownership of utilities and alternatives to investor-owned electric and gas systems. Representative Therber supported H 3574, which would use RGGI funds to reimburse cities and towns affected by power plant decommissioning, citing lost jobs, tax revenue, and service cuts in communities such as Somerset, Plymouth, Salem, and Everett. Several witnesses from municipal light plants and related organizations testified in support of mutual aid bills, including H 3486/S 2252 and H 3330/S 2277, saying the measures would clarify protections and liability coverage for MLP workers assisting in emergencies and non-emergency work. Jim Leiden of EMWIC opposed H 3514/S 2295, saying the proposed board and governance changes would reduce local control, add burdens, and weaken confidentiality protections. A committee member asked whether the mutual aid bills had been reviewed for municipal impacts, and the witnesses said they had done due diligence. The committee also heard extensive testimony on H 3551/S 2306, the smart meter opt-out bills. Supporters argued that smart meters emit harmful wireless radiation, that some residents have developed health problems or electromagnetic sensitivity, and that opt-outs should be available without fees or penalties; several witnesses urged notification, consent, and non-transmitting analog meter options. The committee also heard testimony from municipal officials and the Massachusetts Municipal Association in support of H 3462/S 2250, which would strengthen municipal authority to enforce timely removal of double utility poles, citing safety, accessibility, and construction-delay concerns. Derek Leffert of Gateway Fiber opposed H 3450, saying it would improperly shift broadband deployment costs to competitors. At the end of testimony, the chair closed the hearing by motion and vote, with members voting aye and no opposition recorded.

Transcript Highlights:

• you know, growing up where we gather together, camping, swimming, hiking, fishing, hunting, we built bonds
• We built bonds and friendships that last a lifetime.
• And those bonds today... When grown men say, hey, I love you, brother, that means something.
• And those bonds today still can't be broken.
• Other classes come as well because we built those relations and we built those bonds, Mr.

Keywords: March 14, 2026 - Regular Session, 976, house, all

Transcript Highlights:

• We have Senate bond initiatives number 18.
• Clerk will read the bond initiatives. >> Number one, Senator McCay, Accident Volunteer Fire Department
• , Budget and Taxation. >> Majority leader moves so be considered the reading of the bond initiatives.
• We have Senate bond initiatives number 19.
• Should we consider the reading of the bond initiatives?

Keywords: Senate streaming session for Wednesday, February 11, 2026, 960, senate, all

Summary: The Senate convened with a quorum present, heard an invocation from Rabbi Deborah Wexler of Pikesville, and journalized the prayer without objection. The chamber also recognized several visitor groups, including Maryland Realtors Day, Maryland March for Change participants advocating for infant and maternal health, and students, faculty, and staff from Avalon School. Senators briefly highlighted upcoming committee meetings and caucus events, including a Legislative Black Caucus press conference, Aviation Day, and a reminder about protocol dues. On legislation, the chamber read Senate Bill 955 on real property, condominiums, and homeowners association election rules and referred it to the Rules Committee. Two Senate bond initiatives were also read and sent to the Capital Budget Subcommittee. Senate Bill 888 was announced as reassigned to the Rules Committee. The main floor action centered on Senate Bill 46 concerning state veteran cemeteries, where Senator Simon offered a floor amendment. Senator from District 7 explained the bill was prompted by concerns about how caskets are moved at veteran cemeteries, describing a practice he found disturbing and saying the issue should be addressed separately from the bill. The amendment and the amended report were both adopted without objection, and the bill was ordered printed for third reading. The Senate then handled a brief procedural exchange when a senator asked about speaking on the reassigned bill, and the presiding officer ruled the matter out of order because it had already been reassigned. After additional committee announcements, the Senate remained in session with 40 members present and then moved to recess until noon in the House chamber.

Transcript Highlights:

• Trumbull: BUT THE LIVE LOCAL STILL USES THE TRADITIONAL BOND PROCESS JUST LIKE SAILORS. >> DEPENDING
• ON THE TRANSACTION BOND PROCESS JUST LIKE SAILORS. >> DEPENDING ON THE TRANSACTION FOR THE MOST PART
• CAN DO A TRANSACTION WHERE YOU ONLY NEED THIS PERCENTAGE OF SALE AND YOU CAN MAKE UP FOR IT WITHOUT BONDS
• THAT'S WHEN WE ISSUE BONDS TO HELP FINANCE FIRST MORTGAGES.
• THAT PREPAYMENT SPEED ON HOW FAST THESE BONDS WILL PAY OFF COMES INTO PLAY SO WE TRACK THAT PRETTY WELL

Keywords: 999, senate, all

Transcript Highlights:

• the protest bond is um blank<00:23:10.880> the<00:23:11.120> cap<00:23:11.720> so
• But if I can bond fund it and do something big, I'd like to put that amendment into the bill.
• But if I can bond fund it and do something big, I'd like to put that amendment into the bill.
• Because when you float bonds, you need certainty.
• competing for General obligation bonds competing for General obligation bonds for<01:08:49.480><

Keywords: 910, house, all

Transcript Highlights:

• There's also a chart if we bonds.
• All can sell a 10-year bond cheaper than the United States at a lower interest rate.
• <05:20:05.200> cheaper that can sell a 10-year bond cheaper that can sell a 10-year bond cheaper
• , they Social Security redeems its bonds, they Social Security redeems its bonds, we<05:22:22.798
• Do you really think the bond markets aren't going to go, "Hey, they're doubling U.S. debt.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, May 6, 2025, 1012, house, all

Transcript Highlights:

• folks in here and then, of course, the final thing we usually do on these even-numbered years is a bonding
• We're one of 13 states that are AAA bond rated.
• Do you support looking to bonding money for things like county infrastructure, the tech build-outs, or
• <00:10:31.960> money Do you support looking to bonding money Do you support looking to bonding
• One of the reasons Minnesota has had such stable budgets and been triple-A bond rated is our revenue

Keywords: 1183, house

Transcript Highlights:

• I'm anticipating that the judge would only allow people to do this who are on bond.
• If someone can't make bond and they're in custody until their sentencing date, I can't imagine the judge
• If someone is on bond and their bond is exonerated whenever they're sentenced, their bond no longer ceases
• Would the judge be able to set either a different bond or extend the bond to ensure that they show up

Bills: SB1636, SB1584, SB1730, SB1255, SB1627, SB137, SB2062, SB1470, SB1284

Keywords: cold case, unsolved homicide, violent crime, case file review, law enforcement, police records, victim family, immediate family member, designated person, forensic testing, witness reinterview, investigative leads, cold case unit, unsolved murder, public safety, Title 21, Oklahoma statutes, sexual assault, evidence kits, DNA testing

Transcript Highlights:

• SB 533 by Sparks relates to the authorization of issuance of bonds on election day for the Committee
• SB 533 by Sparks relates to the authorization of issuance of bonds on election day for the Committee
• SB 533 by Sparks relates to the authorization of issuance of bonds on election day for the Committee
• HB 422 by Gonzales of El Paso, relating to the limitations on the issuance of bond funds by the Texas
• SB 533 by Sparks relates to the authorization of issuance of bonds on election day.

Bills: HJR99, HB1399, HB1400, HB 1094, HB365, HB 1109, HB647, HCR35, SB14, HB 12, HB1522, HB422, HB675, HB204, HB748, HB912, HJR99, HB1399, HB1400, HB 1094, HB365, HB 1109, HB647, HCR35, HCR123, HCR124, HR57, HR87, HR111, HR228, HR230, HR322, HR624, HR625, HR626, HR627, HR628, HR630, HR631, HR634, HR635, HR636, HR637, HR638, HR639, HR640, HR645, HR646, HR648, HR649, HR651, HR652, HR653, HR654, HR664, HR665, HR668, HR675, HR676, HR678, HR679, HR680, HR683, HR686, HR688, HR689, HR694, HR695, HR697, HR698, HR699, HR472, HR622, HR632, HR633, HR643, HR655, HR657, HR660, HR661, HR662, HR663, HR667, HR670, HR674, HR681, HR682, HR696

Keywords: animal feed, tax exemption, ad valorem taxation, retail, constitutional amendment, retail sale, tangible personal property, Texas tax code, groundwater, water conservation, financial assistance, Texas Water Development Board, innovation fund, local conservation districts, transportation protection agreement, funeral services, insurance exemption, regulation, deceased transportation, HB 365

Transcript Highlights:

• I was also wondering if there is a possibility of bonding or a bonding request for this project. fully
• Representative Hussain: Yes, they'll be asking for bonding next year.
• Or should this be more of a bonding project or maybe in tandem?
• However, I don't think these can be bonded.
• I can ask, but we don't believe that trees can be bonded.

Transcript Highlights:

• Permission for one final follow-up related to bonding. Thank you, Mr. Chair.
• or for bond obligations that they may have.
• Whether they be municipalities or counties, to fall out from their bond obligations.
• You know, of bonds.
• We do know that it's going to have an impact on our bonds.

Summary: The Committee on Appropriations took up SJR 2-F, a proposed constitutional amendment to reduce property taxes by lowering assessment caps on non-homestead property, expanding homestead exemptions over time, and allowing local governments to increase exemptions further. The sponsor argued the measure would provide broad property tax relief while requiring revenues to be directed to core services such as public safety, education, infrastructure, and natural resource projects, with a trust fund intended to help local governments transition. Senators raised concerns about the lack of a fiscal score, the effect on counties, cities, school districts, and special districts, and whether the proposal would shift costs to fees or other taxes. Several amendments were debated. Senator Polsky’s amendment to explicitly authorize user fees and non-ad valorem assessments to offset lost property tax revenue failed. Senator Avila’s amendment broadening permissible uses of ad valorem revenue to include county constitutional officers and other expenditures approved by local governing bodies was adopted after debate over whether the bill would otherwise underfund essential functions. Senator Smith’s sunset amendment, which would have made the constitutional changes expire after five years, failed. Senator Smith’s amendment to allow tourism development tax revenue to support public safety and education also failed. Senator Graal’s amendment removing the constitutional trust fund language was adopted, with supporters arguing the Constitution should not promise an unfunded account. Additional late-file amendments were considered. Senator Berman’s proposal to change the ballot title to more neutrally describe the measure as affecting property taxes and local community service reductions failed. Senator Trumbull’s amendment removing school board ad valorem taxes from the proposal was adopted, preserving school taxes. Senator Smith’s amendment narrowing the non-homestead assessment cap reduction to small businesses only failed. The committee then returned to the bill as amended and continued questioning the sponsor about eligibility, fiscal impacts, and whether the proposal could lead to local governments offsetting lost revenue through special assessments or other charges.

Transcript Highlights:

• Okay, next House Bill 1164 relating to highway revenue bonds, which restores the revenue bond authorization
• But with financing districts, with TIF, they all have to be underwritten, right, for the bonds.
• the highway revenue bond authorization for DOT.
• Moving on to House Bill 1164 relating to highway revenue bonds, which restores the highway revenue bond
• which restores the Highway revenue bonds which restores the revenue<01:13:37.480> Bond<01:13:

Keywords: 912, senate, all

Summary: The committee heard several transportation and arts-related measures. HB 307 on special member plates drew written support from Protect Ohana, and HB 531 on a University of Hawaiʻi Cancer Center specialty plate received strong support from the Cancer Center and the American Cancer Society, both emphasizing cancer research, patient care, outreach, and public awareness. HB 706 would require skateboard users under 16 to wear helmets, and HB 1231 would expand red light photo enforcement; both drew support from transportation and safety advocates, while the Judiciary raised concerns about citation volume, staffing, manual processing, and the need for consultation and a phased rollout. The committee also discussed HB 54, which increases penalties for repeated excessive speeding offenses; the Attorney General’s office supported the enforcement rationale and fingerprinting language, while the Public Defender opposed the bill, arguing it adds harsh penalties and jail time despite broader efforts to reduce excessive punishment. For the camera-enforcement bills, the Department of Transportation said the red-light and speed-camera programs would be expanded gradually, with existing intersections converted first and additional locations added over time, and noted that the system would require about $2 million and significant automation for the Judiciary. The Judiciary repeatedly asked for more time, public input on camera locations, and effective dates that would allow staffing and system changes. On HB 1166, which funds the automated speed enforcement program, DOT proposed technical amendments to make the citations non-moving violations and to align the statute with the red-light program; the Judiciary again said it had no position on the policy but needed time and consultation to absorb the workload. HB 235, a North Shore red-light imaging bill, drew similar Judiciary concerns and support from a testifier who said enforcement would improve compliance and reduce crashes. The committee also heard HB 1159 on commercial harbor evacuations, with Hawaii Emergency Management Agency supporting the bill as a way to give harbor masters enforceable authority to order vessels out during emergencies. The discussion focused on whether the measure would affect all commercial harbor users, including smaller fishing vessels, and whether it would conflict with Coast Guard authority; the bill’s proponents said it would let the state enforce orders already issued by the captain of the port and protect cargo lanes during crises. Finally, HB 17 on the Hawaiʻi Community Development Authority was described by HCDA as a housekeeping and structural bill that would update its purposes, allow it to assist other agencies, and replace multiple county boards with a single program reporting to the 17-member board. DHHL supported the bill because of potential transit and infrastructure benefits for Kapolei and nearby homestead developments, and committee members discussed future financing tools such as improvement districts, TIF, and other mechanisms to fund infrastructure early in the development process.

Transcript Highlights:

• He said the bonds and friendships built during these opportunities are beyond explanation.
• That group has bonded and provided support to each other.
• That group has bonded and provided support to each other.
• That group has bonded and provided support to each other.
• people in that group that he had bonded people in that group that he had bonded with<00:47:55.839

Keywords: 1187, senate, all

Transcript Highlights:

• That's roughly what we think of as sort of the equilibrium on the 10-year bond rate.
• That is the calculated amount of principal and interest on all bonds issued and outstanding, all bonds
• authorized and unissued, and all bonds being proposed in the executive budget.
• c> presentation with a bond sitting around presentation with a bond sitting around 10%<01:59:04.520><
• We do not issue bonds based upon the projects that you do; we issue bonds based upon how the state spends

Keywords: 910, house, all

Summary: The Committee on Finance held its first informational briefing for 2025, beginning with member introductions and then hearing an economic outlook presentation from Dr. Eugene Tian of the Department of Business, Economic Development and Tourism. Dr. Tian said Hawaii’s economy was in relatively good shape in several areas, especially construction, which he described as at a historical high, with construction employment above 40,000 monthly and building permit values and contracting tax base both up sharply. He also noted real estate sales had rebounded in 2024, the labor market had stabilized with unemployment around 2.9%, and initial unemployment claims were below 2019 levels. At the same time, he highlighted challenges including inflation running above the national rate, a shrinking labor force, lower employment compared with 2023, and continued weakness in visitor spending and arrivals. He said future growth would likely come from health care, professional services, construction, tourism recovery, and diversified sectors such as renewable energy, aquaculture, creative industries, and technology. Dr. Tian also discussed Hawaii’s economic structure and recovery, saying the state remains more concentrated in a few industries than the U.S. overall, with government and hospitality making up larger shares of the economy. He said non-tourism sectors had recovered, but tourism-related jobs and output were still below pre-pandemic levels, with Maui and the visitor industry still affected by the wildfire and COVID-19 impacts. He projected tourism and non-agricultural wage and salary jobs would not fully recover until 2027, and said population trends remain a concern because of aging, the likelihood of deaths outpacing births in coming years, and reliance on in-migration. After his presentation, the chair said questions would be taken later and the committee took a short break. After the break, Dr. Carano of the Hawaii Executive Director’s office presented a second outlook, saying Hawaii’s economy in 2025 looked better than 2024 overall, though he emphasized substantial uncertainty tied to the incoming federal administration. He said possible changes to tariffs, tax policy, immigration, and federal spending could raise inflation and keep interest rates higher than previously expected, which would affect housing, consumer debt, the dollar, and Hawaii’s visitor industry. He noted that U.S. visitors account for roughly three-quarters of visitor spending in the state, making federal policy especially important. He also said deregulation could be a long-term positive but would not likely have much effect in 2025 or 2026. As an additional risk, he pointed to bird flu and its effect on livestock, poultry, and egg prices. No votes or formal actions were taken during the briefing.

Transcript Highlights:

• House Bill 229, Chair, Appropriations Committee, Maryland Transportation Authority Revenue Bond Limit
• <00:13:05.800> Limit<00:13:06.360> Increase, Authority Revenue Bond Limit Increase,
• Authority Revenue Bond Limit Increase, Favorable.
• <00:13:29.880> This existing bond issuance requirement.
• This existing bond issuance requirement.

Keywords: Senate streaming session for Wednesday, April 1, 2026, 960, senate, all

Summary: The Senate opened with an invocation by Father Mark Bilek of Westminster, introduced by the Senator from the 42nd District and praised by members for his community service and Lenten message of reconciliation. The prayer was journalized. The chamber then recognized several guests, including interns, family members, a shadowing student, and the doctor of the day, Dr. Ann Benfield, before moving to floor business. A scheduling note indicated a light floor agenda, with committee work later in the day and a longer floor session expected the next day. The Senate considered several second-reading committee reports and moved multiple bills to third reading, generally without objection. These included House Bill 229, increasing Maryland Transportation Authority bond capacity from $4 billion to $5 billion; House Bill 266, allowing resource-sharing revenues to support state communications infrastructure, with an amendment conforming it to Senate Bill 85; House Bill 472, extending and adjusting the theatrical production tax credit; House Bill 607, setting constitutional officers’ salaries; House Bill 810, creating a study on blockchain-based lease recordation verification with an amendment adding the Maryland Blockchain Association; House Bill 1095, granting a Calvert County property tax credit for former tobacco barns; House Bill 1142, creating a task force on county and municipal revenue structures; and House Bill 1165, addressing apprenticeship program accountability and completion. The Senate also advanced Senate Bill 956, authorizing the Maryland Transportation Authority to waive portions of video tolls or civil penalties on delinquent accounts, with a sponsor amendment. Members briefly joked about April Fools’ Day during the proceedings, but the chamber continued to adopt reports and amendments without recorded opposition. At the end of the session, leaders announced committee schedules for the afternoon and the next day, including Finance, Triple E, Budget and Taxation, and Judicial Proceedings meetings. The Senate then held a quorum call, confirmed 45 members present, and adjourned until Thursday, April 2 at 10:00 a.m.

Transcript Highlights:

• . >> House Bill 143, an act relating to fiduciary bonds. >> Representative Elliott. >> Gentleman from
• <00:06:36.560> Representative<00:06:37.120> Elliott, fiduciary bonds.
• Representative Elliott, fiduciary bonds.
• > fiduciary remove the requirement that a fiduciary remove the requirement that a fiduciary bond
• be signed by the fiduciary in the bond be signed by the fiduciary in the presence<00:07:01.120> of

Keywords: Convene 00:00 Senate Message 05:04 Orders of the Day 06:01 HB 143 06:11 HB 164 08:07 HB 314 11:07 HB 398 21:17 Motions, Petitions, and Communications 29:02 Introduction of New Bills and Resolutions 34:01 Recess for ConC/Rules Meeting 35:40 ConC/Rules Report 40:15 Floor Amendments 41:15 Adjournment 41:26, 958, all

Summary: The House convened with prayer, the Pledge of Allegiance, and a roll call showing 95 members present. The chamber approved the prior journal, received notice that the Senate had passed Senate Bills 20 and 68 and requested concurrence, and then moved to floor action on several bills. House Bill 143, relating to fiduciary bonds, was explained as removing the requirement that a fiduciary sign a bond in the presence of a court clerk or notary public; it passed 94-0. House Bill 164, relating to hearing aid coverage and related services, was described as increasing the coverage cap from $1,400 to $2,500, updating the definition of hearing aid, and adding network adequacy requirements; it passed 93-0 with one abstention. The House then considered House Bill 314, relating to the Kentucky Communications Network Authority and declared an emergency. Supporters said the bill was intended to address long-standing concerns about KentuckyWired management and oversight. A committee substitute and floor amendment were adopted, and the bill was explained as moving KCNA into the Finance and Administration Cabinet, transferring its functions to the Commonwealth Office of Technology, abolishing the separate executive director position, and reconstituting the board with new members and appointments. The bill passed 80-13. House Bill 398, relating to decommissioning costs for electric generating units, was presented as allowing terminal net salvage to be included in rates so utilities can recover end-of-life plant costs over time rather than through larger future spikes; after questions about PSC authority and safeguards, it passed 78-15. After the orders of the day concluded, members made announcements about upcoming committee meetings and a birthday recognition. House Resolution 7, recognizing guiding principles for elections in Kentucky, was reported as having passed unanimously in committee and was adopted without objection. The House also received the report of the Committee on Committees and the Rules Committee, which referred several bills and resolutions to standing committees and posted House Bills 194 and 393 for the next regular orders. The chamber then adjourned until 2 p.m. Tuesday, February 3, 2026.

Transcript Highlights:

• It's got a dedicated percentage of the severance tax bonds, similar to the Water Trust Board and the
• Again, it's that. of severance tax bonds. So, you know, it won't be that high forever.
• if we tell the State Board of Finance that we're going to be changing the use of the severance tax bonds
• Behavioral health care received $2.5 million of bond proceeds in 2004-2005, around that time period.
• This amounts to up to $357.8 million, which comes from a high amount of severance tax bond proceeds.