Video & Transcript Research : 'fee cap'

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DE

Delaware 2025-2026 Regular Session

Senate Legislative Session - Session 2 - 42nd Legislative Day Jun 30th, 2026

Delaware Senate Floor Meeting

Transcript Highlights:
  • This also establishes the caps for pre-2007 claims.
  • And we do not have caps for post-2007. That's correct.
  • The amendment does not impose caps for post-2007 claims.
  • So this cap is substantially higher.
  • The damage caps don't just limit compensation.
Summary: The Senate received communications from the House on numerous measures, including several bills and resolutions passed with amendments, committee reports on bills such as large energy use facilities, campaign finance, voting rights, and appropriations, and a list of pre-file legislation. The chamber then moved through a long floor session with confirmations, bill readings, and roll-call votes, ultimately confirming the nomination of Morgan T. Zern to the Delaware Supreme Court by a 21-0 vote. Among the major policy items considered were property tax and school tax measures tied to the statewide reassessment. The Senate passed House Bill 460, clarifying monthly municipal permit-data reporting to New Castle County; House Bill 461, granting temporary authority for New Castle County school districts to reset school tax rates for one cycle; and House Bill 462, making the split school tax rate permanent with a lower nonresidential cap. Members discussed the fiscal effects at length, including testimony from a school district finance officer that HB 461 would allow revenue-neutral rate setting and offset the fiscal note on HB 462. The Senate also passed House Bill 365 creating a Delaware Indigenous Affairs Commission, House Bill 458 on backflow requirements for low-hazard buildings, Senate Bill 27 establishing the Office of New Americans with a sunset and interagency coordination, and Senate Bill 315 on the Delaware Technical Innovation Program. The chamber also approved Senate Substitute 1 for Senate Bill 300, a firearms dealer regulation bill, after extensive debate over amendments, confidentiality, background checks, and the balance between public safety and burdens on lawful dealers. Several members raised constitutional and practical objections, while supporters argued the bill would reduce trafficking, straw purchases, and theft from dealers. In addition, the Senate passed House Bill 305 creating a diabetes wellness pilot program, with supporters emphasizing the state’s diabetes burden and the program’s federal funding, and House Concurrent Resolution 157, which asks the State Lottery Office to report on iLottery’s impact on small businesses. Senate Bill 325, a fire prevention/background-check bill, was laid on the table after concerns about a late House amendment and requests for more time to consult stakeholders.
VT

Vermont 2025-2026 Regular Session

House Session - 2026-01-09 - 9:30AM

Vermont House Floor Meeting

Transcript Highlights:
  • House Bill 635 is an act relating to eliminating Department of Corrections supervisory fees, introduced
  • reading of the bill. >> H 635, an act relating to eliminating Department of Corrections supervisory fees
  • House Bill 635 is an act relating to eliminating Department of Corrections supervisory fees, introduced
  • reading of the bill. >> H 635, an act relating to eliminating Department of Corrections supervisory fees
  • misdemeanors continue to have a bail cap misdemeanors continue to have a bail cap of<00:17:22.720
Keywords: 926, house, all
Summary: The House opened with a moment of silence honoring four former members who had recently died: Avis Jarvis, Ernie Shan Jr., Ernest Earl, and Malcolm F. Severance. Members then introduced 12 bills for first reading and referral, covering topics including voyeurism and disclosure of sexually explicit images, crime victims’ rights in forensic cases, domestic abuse orders of protection, family court judgments, connected-device security standards, energy storage goals, environmental amendments, municipal votes on cannabis retail, cannabis consumption in prohibited places, elimination of Department of Corrections supervisory fees, an independent monitoring board for body-worn camera footage, and operating under the influence of alcohol or other substances. Each bill was read and referred to the appropriate committee. During announcements, members noted an upcoming Vermont National Guard and Veterans Affairs Caucus meeting, recognized a representative’s birthday, observed a moment of silence for former doorkeeper Cornelius L. Reed, and welcomed a new child in the gallery. The chamber then moved to the orders of the day. The House considered H.28, which would add explicit affirmation language to oath requirements in titles 1 through 10 of the Vermont Statutes Annotated and make related technical and gender-neutral wording changes. The Judiciary Committee recommended amendment, and the House adopted the committee amendment and ordered third reading. The House also took up H.409, a strike-all amendment concerning bail revocation procedures. The bill would correct bail-cap language for now-sealable misdemeanors and create a clearer process for prosecutors to appeal denied motions for bail revocation; witnesses from legislative counsel, public safety, prosecutors, defense, and the judiciary supported it. The committee vote was reported as 10-1 after a correction from the floor, the House adopted the amendment, and third reading was ordered. The House then adjourned until Tuesday, January 13, 2026, at 10:00 a.m.
TX
Transcript Highlights:
  • Recommendations reduce the FTE cap by three.
  • Was it a contingency fee contract? What were the provisions?
  • Contingency fee contracts are 35 to 40 percent. We negotiate at a much lower level.
  • If we had had a 35 percent contingency fee, we would have had to pay another $350 million.
  • I think the cap is at **$50,000**.
Bills: SB 1
NM

New Mexico 2025 Regular Session

IC - Public School Capital Outlay Oversight Task Oct 10th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • That's also going to include any municipal specific fees and costs, so that would be permit fees and
  • So that would be any of your impact fees or permits and fees that you would have with a permit submitted
  • And so we have raw land and permitting and fees.
  • The key caveats here, though, there is a price cap.
  • If I might, in 1993, the legislature passed the Development Fees Act, and think of it as impact fees;
CA
Transcript Highlights:
  • and through enrollment growth as new students pay fees.
  • Certainly, there's additional growth above our 10% cap that's not funded.
  • Certainly, there's additional growth above our 10% cap that's not funded.
  • So that's like the max cap on K-14 education. That's my understanding.
  • And I believe there's roughly six districts that have FTES above the 10% growth cap.
Summary: The committee heard the May Revision presentation for the Assembly Budget Subcommittee on Education Finance, with public comment focused heavily on K-12 priorities such as universal school meals, kitchen infrastructure, food service and custodial support, youth leadership grants, Special Olympics funding, English learner support, universal pre-K, literacy investments, and concerns about community college funding shifts. Speakers also urged support for expanded learning, teacher recruitment and training, and maintaining or increasing funding for community colleges and student support programs. Finance and the LAO then reviewed the Proposition 98 outlook. Finance said the May Revision lowers the 2025-26 Prop. 98 guarantee to $114.6 billion, about $4.3 billion below January, due mainly to lower revenue estimates, with smaller effects from attendance and property tax changes. The administration also described rebenching for universal transitional kindergarten and a one-time rebench tied to Los Angeles fire-related property tax losses, along with changes to the Public School System Stabilization Account, deferrals, and updated COLA assumptions. The LAO said the budget relies too much on deferrals and one-time funds, creates a structural shortfall, and should instead align ongoing spending with the guarantee and preserve a reserve buffer. Members questioned the TK rebench and the shift of funding from community colleges to K-12, asking why it was being applied retroactively and how colleges would be held harmless. Finance said the changes align funding with where TK costs are being incurred and that reappropriation funding and other adjustments would offset impacts on community colleges. The LAO argued the historical split formula is outdated and should be abandoned in favor of budgeting around current priorities rather than fixed percentages. Members also raised concerns about draining the rainy day reserve and using deferrals, while the LAO said preserving reserves would better protect against future volatility. The committee then moved to specific K-12 and education proposals. Finance outlined May Revision changes including state operations adjustments for the Department of Education, technical trailer bill changes, a $100 million student teacher stipend program administered by Kern County, and updates to the charter school facility grant program. The LAO recommended rejecting the proposed increases for expanded learning, literacy coaches, and the student teacher stipend as currently structured, while supporting the minimum grant increase for expanded learning. Members expressed support for teacher recruitment efforts but questioned whether one-time funding can sustain ongoing programs and whether the student teacher stipend should be targeted to shortage areas or low-income communities.
FL
Transcript Highlights:
  • I have more of a general question on the tuition and fees.
  • Potential changes to many of these student fees are also dictated by laws relative to how much a fee
  • can change, how the fee change must be approved, etc.
  • It could be done in a way to keep the total tuition fees the same, as I mentioned, if one fee were increased
  • while another fee were decreased.
Summary: The Appropriations Committee on Higher Education met to examine how Florida’s state universities are funded and to begin discussing a possible university funding model. The panel included the State University System chancellor and CFOs from FSU, UF, FAMU, FAU, UNF, and UCF. Members first reviewed major cost drivers, which the universities said are broadly similar across institutions: wages and benefits, equipment and supplies, financial aid, professional services, utilities, IT, and maintenance. Several institutions noted unique pressures from geography, growth, research intensity, and mission, such as UCF’s size and engineering focus, UF’s land-grant and research enterprise, FAMU’s need to recruit top talent while serving a high-Pell student population, and FSU’s large facilities and research obligations. The chancellor also summarized systemwide cost growth since 2012-13, including higher health insurance, retirement, and salary costs, while noting tuition had been held flat. The committee then discussed other revenue sources, including auxiliaries, restricted funds, capital projects, and component units such as foundations and health systems. University leaders explained that many of these funds are restricted to specific purposes, and some, like UF Health, account for a large share of operating expenses. Members also discussed the current performance-based funding process. University representatives generally praised it for transparency, accountability, and its focus on student success, but said the heavy use of one-time funds, nonrecurring appropriations, and unfunded mandates makes long-term planning difficult. FSU and others argued that rising employee costs, waivers, and facilities expenses are not fully covered, while FAMU said performance funding has improved outcomes but can disadvantage institutions serving more low-income students. In response to questions about improvements, the universities suggested more recurring and predictable funding, better coverage of mandated costs, more flexibility in fees, and continued investment in research and strategic priorities. The chancellor said the Board of Governors is considering a version 3.0 of performance funding that would benchmark institutions against peers and Carnegie classifications. The committee also explored whether universities should have more flexibility to set out-of-state tuition and professional school tuition. Most university leaders favored giving boards of trustees more authority, while the chancellor cautioned that increasing out-of-state enrollment or tuition too much could affect legislative support. No votes were taken; the meeting ended with the chair thanking the panel and adjourning the committee.
AL
Transcript Highlights:
  • The College Board will also offer fee reductions for eligible students, and this is tied to the budget
  • Is that the cap on...? So, that retainer is the cap on the spending, or is it...?
  • It would be the cap during that two-year spending.
  • I have not approached that cap with this firm at all.
  • We've set the cap a little higher so that we don't have to do that anymore.
Keywords: 924, joint, all
WA

Washington 2025-2026 Regular Session

Senate Law & Justice Jun 4th, 2025

Transcript Highlights:
  • Well, there are at least four: sovereign immunity, statute of limitations, caps on damages, and case
  • Damages: I think we're all aware, as attorneys in this room, there are no caps on damages for pain and
  • There are no caps on damages for pain and suffering, emotional distress, or other non-economic damages
  • Limits or caps on damages: we know we don't have any. Many other states do.
  • But the attorney fees were another almost $2.6 million on top of that.
Summary: The committee held a work session on tort liability and parole, with the chair explaining that the topics were linked because criminal justice reform and state liability often intersect, especially in cases involving child welfare and corrections. Staff first outlined Washington’s tort liability framework, including the state’s broad waiver of sovereign immunity, statutes governing mandatory reporting and investigation of abuse, the childhood sexual abuse statute of limitations, and the lack of caps on non-economic damages. Staff and presenters also compared Washington to other states and noted that Washington remains among the broadest states for state liability and childhood sexual abuse claims. Presenters from the Attorney General’s office, Washington State Association for Justice, DCYF, DSHS, and DOC discussed how tort exposure has grown, especially in claims involving DCYF, historical child abuse, juvenile rehabilitation, vulnerable adults, employment discrimination, medical negligence, and negligent supervision. DCYF and AG staff said claims and payouts are rising, with many claims tied to older abuse and new theories of liability, while defense counsel emphasized the human harm behind the claims and argued that tort cases have historically driven accountability and reform. Agency witnesses said they face large volumes of old claims with limited records, rising verdicts and settlements, and staffing and systems challenges, and they highlighted efforts such as early resolution programs, electronic health records, medication-assisted treatment, and improved incident review processes. The committee then shifted to parole. Sentencing experts reviewed Washington’s move from indeterminate sentencing to the current determinate sentencing system under the Sentencing Reform Act, and explained how parole could be integrated with sentencing guidelines through different models used in other states. They also summarized Criminal Sentencing Task Force recommendations related to a determinate-plus approach for three-strikes and persistent offender laws and a second-chance review process, noting there was no consensus on those ideas. Judges from the Minority and Justice Commission and the Superior Court Judges Association said a parole system could support rehabilitation and reduce disparities if it includes data collection, fairness, transparency, due process, and meaningful judicial review; they also pointed to research suggesting parole and structured reentry can reduce recidivism and costs, while warning that access and outcomes can vary by geography and other factors.
NH

New Hampshire 2026 Regular Session

Senate Energy and Natural Resources (02/10/2026)

Energy and Natural Resources

Transcript Highlights:
  • prudent Hard caps can discourage prudent Hard caps can discourage prudent investments,<00:39:
  • outside of the uh inflationbased cap outside of the uh inflationbased cap that<00:44:41.920>
  • lot of the costs that would be capped lot of the costs that would be capped are<00:51:28.480>
  • about a $25 increase on the mooring fee about a $25 increase on the mooring fee to<02:15:16.960>
  • So a fees on your boats registration.
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 3/23/26

Agriculture Finance and Policy

Transcript Highlights:
  • grain inspection fees of elevators in<00:19:34.799> Minnesota.
  • So with uh via fee assessed on farmers.
  • of restrict who may qualify for this, and then the net worth cap went away.
  • Thank you. versions there was a net worth cap that versions there was a net worth cap that would<00:47
  • was behind taking off the net worth cap was behind taking off the net worth cap for<00:47:37.040
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Jun 24th, 2025

Transcript Highlights:
  • I have before you SB 253, which is the annual State Bar fee bill.
  • While California does not have a specific late fee law, the courts have upheld only those late fees that
  • On the 15th, if I don't pay my mortgage, it's a late fee.
  • cap, you're asking operators to take that additional risk.
  • It started with the rent cap. Basically, moved on everything.
Summary: The committee heard several bills from Senator Umberg and Senator Allen, with testimony from supporters and opponents before roll-call votes were taken once quorum was established. SB 253, the annual State Bar fee bill, would keep fees unchanged while requiring two-year notice for substantial changes to the bar exam, including vendor changes, and returning to an older delivery method for the upcoming exam; it was presented as a response to recent State Bar problems and the February bar exam failure. SB 25, the Pre-Merger Notification Act, would require certain merger parties to provide California’s attorney general the same Hart-Scott-Rodino materials filed federally, so state antitrust review can occur in parallel with federal review; supporters said this would reduce delay and uncertainty, while members questioned whether it would add another layer of review. SB 36 would strengthen price-gouging enforcement after the January 2025 Southern California firestorms by requiring rental-listing platforms to report suspected gouging, expanding consumer and prosecutor remedies, and allowing warrants in housing-related cases; supporters said it would close loopholes, while opponents from business groups raised concerns. All three bills were later approved on roll call, with SB 36 and SB 413 placed on call before final passage and SB 253 and SB 25 moving forward on committee votes. The committee also heard SB 413, which would streamline access to juvenile case files in certain civil cases brought by or on behalf of the youth who is the subject of the file, allowing attorneys to use heavily redacted records without first petitioning the juvenile court. Supporters, including Los Angeles County counsel and county associations, said the current petition process is costly, slow, and routinely granted, creating delays in civil litigation and court congestion. Opponents, including the Youth Law Center, argued the bill would weaken longstanding juvenile confidentiality protections by bypassing judicial review and could expose sensitive information unnecessarily. After discussion about redactions, sealing, and the scope of access, the bill was passed on a do-pass-as-amended vote. Finally, Senator Wahab presented SB 436, which would extend the notice period for nonpayment of rent from three days to 14 days. Supporters, including tenant advocates, legal aid groups, and several local governments, argued the change would reduce unnecessary evictions, give renters more time to obtain assistance or a paycheck, and help prevent homelessness. Opponents, including apartment associations, property owners, and the California Association of Realtors, said the bill would burden landlords, especially small owners, and could unintentionally affect commercial leases; members also raised concerns about repeated late payment and the lack of stronger guardrails. The author said she would work on clarifying commercial coverage and safeguards, and the bill remained under discussion as the hearing continued.
CA
Transcript Highlights:
  • In order to meet the 3.5% cap, hospitals will have to pull back.
  • In order to meet the 3.5% cap, hospitals will have to pull back.
  • Twenty-six other states have already passed insulin copay caps.
  • Yet again, to cap insulin co-pays at $35 for California Rx Insulin.
  • This includes maximizing federal Medicaid funds and data user fees.
Keywords: 988, house, all
HI

Hawaii 2026 Regular Session

Room 224 Conference AM - 04-29-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Next item on the agenda is HB 1713 HD1 SD1, relating to school impact fees.
  • <00:04:32.640> On SD1 relating to school impact fees.
  • On SD1 relating to school impact fees.
  • Mandates interagency coordination cap.
  • <00:09:22.000> at<00:09:22.080> $20<00:09:22.480> million capped at $20 million
MN

Minnesota 2025-2026 Regular Session

Energy Committee Meeting - 2025-03-27

Energy Finance and Policy

Transcript Highlights:
  • As they are issued and retire certificates, that incurs fees that we assess to that organization.
  • Moving on, it is also intended to ensure that when we assess one fee on the entire region, our system
  • So the industry agreed to cap itself.
  • Also, on the positive side, the program was capped.
  • That cap goes down to 80 megawatts in 2027, and it goes down to 60 megawatts in 2031.
Bills: HF2103, HF2793
FL

Florida 2026 Regular Session

Community Affairs Jan 20th, 2026

Community Affairs

Transcript Highlights:
  • The impact fees, right? Yes, sir. Oh, I'm sorry.
  • After 20 years of not raising an impact fee, when that impact fee does finally get adjusted for growth
  • , After 20 years of not raising an impact fee, when that impact fee does finally get adjusted for growth
  • You know, this isn't about not paying impact fees.
  • Thank you. ...fees, it's about not having been charged or having the impact fees raised over a period
Summary: The committee met with a quorum present and took up a series of local claims, public records, growth management, permitting, and nuisance bills. It first heard and approved SB 16, SB 14, and SB 24, all uncontested claims bills providing relief related to injuries or settlements involving the City of St. Petersburg and Miami-Dade County. The committee also approved SB 288 on rural electric cooperatives, which narrows statutory language to protect co-op decisions on generation and power purchases while preserving consumer protections, and SB 830, which creates a public records exemption for certain personal information of county and city managers and their families due to reported threats against local officials. Members then considered SB 1138 on qualified contractors and development review, which would create a registry of licensed professionals to help local governments process pre-application reviews and plats more quickly. Local government groups raised concerns about preemption and preserving quasi-judicial authority, while private-provider supporters backed the bill; Senator Sharief voted no, and the bill was reported favorably. The committee also approved SB 168, expanding public nuisance law to include gambling houses and increasing penalties, and SB 686 on agricultural enclaves, which revises the enclave process, adds a public hearing path, limits it to certain residential projects in urban service areas, and was amended to change a date to June 30, 2026 before being reported favorably. The committee next approved CS for SB 548 on growth management and impact fees, which clarifies plan-based methodology, extraordinary circumstances, interlocal agreements, and refund procedures for improper fee collections. Testimony reflected support for clearer standards but also concerns about fee increases and refund administration. Finally, SB 1234 on building permits and inspections was reported favorably; it would extend permit validity, exempt some low-value work from permitting, create a statewide residential permit form, speed review timelines, and expand private-provider use, drawing opposition from a Miami-Dade building official who argued for continued local oversight and support from private-provider advocates. Senator Jones requested to be recorded as voting affirmatively on several tabs and negatively on tab 9, and the committee adjourned after all bills were disposed of.
ND

North Dakota 2025-2026 Regular Session

Water Topics Overview Committee Mar 26th, 2026

Transcript Highlights:
  • That transfer is capped at $3 million, and that has reached its cap for the biennium. 1.5% goes into
  • the Energy Conservation Fund, and that is about halfway to its cap this biennium.
  • That transfer is capped at $3 million, and that has reached its cap for the biennium. 1.5% goes into
  • Finally, the option would include a $2 million funding cap for 2039 for these project types.
  • Our good intention fee was $200 to continue on with the project.
Summary: The Water Topics Overview Committee met with a quorum and received updates from the Department of Water Resources and the State Water Commission, followed by presentations from Deloitte on two legislative studies required by House Bill 1020. Director Reese Haas reviewed major project and budget updates, including the Northwest Area Water Supply and Southwest Pipeline projects, Resources Trust Fund balances, carryover spending, project prioritization, bid conditions, regional water system coverage, and department process improvements. Members also discussed how the commission prioritizes projects, maintenance expectations, and the impact of limited municipal water supply funding. No formal committee action was taken during the DWR update; the commission’s municipal funding decisions were described as pending its April 8 meeting. Deloitte then presented the cost-share policy study, which found that under current policy and forecasted revenues, North Dakota faces an estimated $1.3 billion shortfall over 14 years, with a near-term gap of about $1.8 billion through 2031. The firm outlined seven recommended options, including tighter definitions and a 25% cost share for eligible replacement projects, caps and financing strategies for the Mouse River and Red River Valley projects, aligning cost share with commission priority guidance, delaying lower-priority projects, using available lines of credit, and adjusting reimbursement timing for revolving loan funds. Committee members questioned inflation assumptions, affordability, user fees, and the use of legacy fund earnings for bonding, but no decisions were made. In the governance and finance study, Deloitte said final recommendations are still being refined, with a final report due May 29. The study examined the Southwest Pipeline, NAWS, and Red River Valley systems using governance and finance criteria such as decision authority, transparency, affordability, risk, and access to funding. For Southwest, Deloitte outlined options ranging from improved state-authority coordination to transferring ownership to the Southwest Water Authority; for NAWS, options focused on strengthening the authority’s role and potentially transitioning operations and maintenance; and for Red River, options ranged from enhanced facilitation to formal state oversight or state ownership. Members asked follow-up questions about ownership transfer, capital repayment streams, and why NAWS was not considered for transfer, and Deloitte said NAWS’s limited organizational maturity made that option less viable in the near term.
NH

New Hampshire 2026 Regular Session

House Finance Division I (02/20/2026)

Transcript Highlights:
  • fees to the dam maintenance fund.
  • And being a boat owner myself, it's a nominal fee.
  • And being a boat owner myself, it's a nominal fee.
  • And being a boat owner myself, it's a nominal fee.
  • Fee. So I think people are okay with this. >> Um, any further discussion?
Keywords: 1189, house, all
Summary: The committee first considered House Bill 241, which would provide information about alternative pain treatments rather than mandate services. Members cited support from the prime sponsor, medical organizations, insurers, and other stakeholders, and noted there was no fiscal impact. The committee voted unanimously, 7-0, to ought to pass the bill. It then took up House Bill 629, which raises a boat decal fee and dedicates the revenue to the dam maintenance fund. Members described the state’s deteriorating dam infrastructure, noting the large number of dams, the high-hazard sites, and the much larger funding need, while saying the bill would provide only a modest start. They also said boat owners generally did not strongly object to the fee. The committee voted 7-0 to ought to pass. House Bill 1042, concerning an increase in the unified contingent credit limit for New Hampshire Business Finance Authority projects, drew more divided discussion. Supporters said the higher cap would provide needed flexibility and liquidity for business development and that the state treasurer and BFA had explained the credit structure and low historical loss rate; opponents warned the increase would raise state exposure too much, too soon. After debate, the chair postponed the bill, then later returned with an amendment lowering the proposed limit from 450 million to 400 million, which the committee adopted unanimously. The committee then moved to ought to pass as amended. Finally, the committee considered House Bill 1411, which would have allowed withholding payments to the federal government in response to federal actions. Members opposing the bill argued that withholding employee-related funds would be unlawful and ineffective, while supporters said it could serve as a statement and suggested interim study instead. The committee rejected the bill on a 4-3 vote and voted to inexpedient to legislate.
FL

Florida 2026 4th Special Session

February 11, 2026 - 09:00 AM

Transcript Highlights:
  • I think you're—are you talking about the interest, or are you talking about the fees?
  • Fees? What would the fees go to?
  • When there's an opportunity for Floridians to pay a licensing fee or something very simple just through
  • , which meant that there was high amounts of regulation Cap, which meant that there was high amounts
  • And again, you know, for example, Bitcoin currently, their market cap is over a trillion dollars.
Summary: The Insurance and Banking Subcommittee met to hear and vote on several bills, with all measures reported favorably. The first major item was PCS for HB 175 on payment stablecoins, which would create a Florida regulatory framework aligned with the federal GENIUS Act so issuers can choose state regulation instead of federal licensing. Members asked extensive questions about how stablecoins differ from other digital assets, whether Florida would need federal approval, and what impact the bill would have on the Office of Financial Regulation; the sponsor and OFR said the state framework would mirror federal standards and that any workload increase was currently indeterminate. The PCS passed unanimously after testimony from OFR and the Florida Blockchain Business Association in support. The committee then approved CS for HB 961, which streamlines electronic signature requirements for salvage titles and certificates of destruction, and HB 1415, a DFS stablecoin pilot program allowing certain stablecoins to be used for licensing and regulatory fees. HB 1415 was amended to remove authority for a Florida coin, limit the pilot to established stablecoins with at least $1 billion market cap, and require secure custody through a public depository or custodial bank. Members discussed how any interest or revenue would be used, with sponsors saying the pilot was still exploratory and intended mainly to cover program costs. Both bills passed favorably. HB 1039, establishing a state cryptocurrency reserve, also passed after a strike-all amendment moved administration of the reserve from the CFO’s office to the State Board of Administration and tightened eligibility to cryptocurrencies with a $100 billion market cap over the prior 12 months. Supporters argued the bill would create a framework for future diversification and investment in established digital assets, while several members raised concerns about volatility, reporting frequency, and the meaning of new terms such as qualified liquidity provider and secure custody solution. The committee also passed CS for HB 951 on penny rounding for cash transactions, with an amendment clarifying cash transaction definitions and treating money orders and gift cards like credit-card transactions for rounding purposes.
MN

Minnesota 2025-2026 Regular Session

House Veterans and Military Affairs Division 2/19/25

Veterans and Military Affairs Division

Transcript Highlights:
  • manufacturers' fees at 25%, which went into effect in July of this year.
  • manufacturers' fees at 25%, which went into effect in July of this year.
  • manufacturers' fees at 25%, which went into effect in July of this year.
  • I hope I'm pronouncing that correctly again. to cap manufacturers fees at 25% which to cap manufacturers
  • on manufacturing fees.
Keywords: 1183, house
MN

Minnesota 2025 1st Special Session

House Rules and Legislative Administration Committee 2/6/25

Rules and Legislative Administration

Transcript Highlights:
  • On line nine is the legal fee provision, which allows the House to cover legal fees in the incident of
  • 14:47.079> legal provider uh on line nine is the legal provider uh on line nine is the legal fee
  • <00:14:51.639> of<00:14:51.759> a cover legal fees in the incident of a cover legal
  • expenses the committee to cover other expenses for<00:15:00.600> legal for legal for legal fees
  • for the legal fees section if there<00:16:17.720> have<00:16:17.880> been<00:16:18.040
Keywords: 1183, house
Summary: The Committee on Rules and Legislative Administration met with a quorum present and began with member introductions, during which members identified their districts and, informally, their favorite restaurants. The committee then turned to a housekeeping resolution, 2025-P100, covering House policies and administrative procedures. The chair explained that the resolution consolidated routine rules updates prepared by House Research. The committee adopted two amendments to the resolution. The A1 amendment gave members more flexibility in how they receive their postage and digital constituent communications allotment. The A2 amendment corrected titles in the resolution. Staff then reviewed the resolution’s contents, including service awards, donated leave, comp time and time cards, remote work, member business services payments, leadership compensation, expense reimbursement, stationery, postage and digital communications, member communication expenses, alcohol and drug policies, legal fee provisions, photographs and digital images, chaplain pay, the high school page program, and the undergraduate internship program. Members asked several questions during discussion. Representative Long confirmed there were no changes to the legal-fee policy. Representative Hollins asked about the high school page stipend, and staff said it was proposed to increase from $10 to $15 per day. Representative Pursell asked about the 50-mile reimbursement threshold for members’ expenses; the chair said it is derived from IRS tax regulations. She also suggested reviewing how other states handle reimbursement. No members of the public testified. After discussion, the committee renewed the motion and adopted the 2025 resolution as amended. The meeting then adjourned.