Transcript Highlights:

• efficiently we're using money, percentage of corrective actions taken within the last six months of audit
• findings, total percentage Percentage of corrective actions taken within the last six months of audit
• support organization that administers the Soldiers and Airmen Assistance Program completes an annual audit
• Instead, the bill allows a state agency to manage its fleet vehicles, subject to appropriation and state
• Fleet management will be handled at the agency level, but an agency must forward its data to DMS so it

Bills: S7020, S0308, S0692, S0474, S0572, S1106, S1650, S0350, S1442, S7032

Keywords: open government, sunset review, aquaculture, public records, exemption, Florida Museum of Black History, cultural heritage, education, Board of Directors, local governance, cybersecurity, data breach, data privacy, information security, local government, county, municipality, vendor contracts, third-party service provider, liability shield

Summary: The committee heard and voted on several measures. SB 308 on the Florida Museum of Black History was explained as implementing a prior task force recommendation by designating St. Johns County as the museum site, creating a board, and coordinating with a supporting nonprofit; it passed favorably. SB 692 on cybersecurity standards and liability was amended to bar local governments from imposing cybersecurity requirements on vendors beyond generally accepted best practices, and after testimony both for and against, it was reported favorably as a committee substitute. SB 572 updated ethics law to include legally recognized foster parents and foster children in the definition of relative; after a technical amendment and support from the Ethics Commission, it passed unanimously. SB 1442 revised the long-range program plan to require more specific performance metrics and agency-specific measures; it also passed favorably. The committee also approved SB 1106, as amended by a strike-all, to require state agencies and certain educational materials to use “Judea and Samaria” instead of “West Bank,” despite opposition arguing it would impose political language and conflict with federal and international terminology. SB 7020 reenacted a public records exemption for certain aquaculture and shellfish production records and passed with support from the Department of Agriculture and Consumer Services. SB 474 expanded military leave and related benefits for public employees and officials, including members of the Coast Guard and Florida State Guard, and added three amendments before being reported favorably. SB 350, dealing with public records protections for crime victims and certain law enforcement victims, was heavily amended to add time-limited confidentiality for an officer’s name in some cases and then passed favorably after discussion about balancing transparency and safety. Finally, the committee approved SPB 7032 as a committee bill to shift more fleet management responsibilities from DMS to individual agencies, while still requiring data reporting to DMS for legislative oversight. SB 1650 by Senator Gates was temporarily postponed. At the end of the meeting, members recorded votes on selected bills, and the committee adjourned.

Transcript Highlights:

• We are a member of AAMVA, and the top-level management of that system is done there.
• That's under, I believe, Section 4 of the GAO's auditing report.
• Section 4 of the GAO's auditing report.
• However, it's an audit term, and it is related to internal control deficiencies.
• She's one of our budget managers with the CHP.

Keywords: 988, house, all

Summary: The committee heard several budget and policy items, beginning with the DMV’s proposal for the federal state-to-state verification system and the Digital Experience Platform (DXP). DMV officials said the state-to-state system is required for Real ID compliance and functions as a pointer system that shares only limited identifying information to help states verify whether an applicant has records in another jurisdiction. Members pressed hard on privacy, access, hacking, notification, and misuse concerns, including whether other states or federal actors could use the system to target Californians. DMV said access is limited to member jurisdictions, requests are transaction-based, records are encrypted, California can see when its data is requested, and legal remedies would include working through AAMVA and the Attorney General if misuse occurred. On DXP, DMV said the project has been reset, is on its revised schedule and budget, occupational licensing is complete, vehicle registration is targeted for completion by the end of the calendar year, and the full modernization is expected by fiscal year 2028-29. The committee then took up the High-Speed Rail Office of Inspector General trailer bill and AB 1608. The Inspector General said current law does not clearly authorize public reports or establish a work-paper retention and disclosure framework, and that the trailer bill and AB 1608 would codify those powers, add access to needed job classifications and purchasing authority, and require public reporting with temporary confidentiality only in limited circumstances such as pending litigation, security vulnerabilities, or fraud-detection weaknesses. Members debated how broad the confidentiality language should be, whether reports could remain confidential too long, and whether the bill should define “proposed agreements” and require notice to the Inspector General when agreements are being reviewed. The Inspector General said he had already found at least one procurement-related state law violation involving an amendment that added services not in the original contract, and members discussed the project’s large cost growth and the need for stronger oversight. No vote was taken on the item in the portion provided. Finally, Caltrans began presenting a trailer bill proposal related to workforce development under SB 150, explaining that it would amend Government Code 14017, which governs use of federal highway formula funds and related workforce development efforts. The transcript cuts off as Caltrans starts its overview, so no further discussion, vote, or action on that item is shown in the provided text.

Transcript Highlights:

• This morning, one of the things we're going to do today is kind of look at the audit that the Alliance
• So if you guys can look in this report and the audit starting on page eight, I love when we're looking
• We want to definitely have case managers available.
• I want, you know, even each one of our DHS offices across the state to have people, have case managers
• No, but we have just looked at, you know, if we look at the audit here, if you go through and see how

Summary: The committee met to review an audit and recommendations from the Alliance for Opportunity as part of a broader study of social service and workforce development reform under Act 145 of 2025. Members discussed creating a more integrated, regional, and “one door to work” system that would combine eligibility screening, service delivery, and workforce connections across DHS, workforce, and related programs. Much of the discussion focused on reducing administrative overhead, improving coordination, and using tools such as AI and centralized databases to help applicants learn about benefits, training, and job opportunities while still preserving case managers and in-person help for people without digital access. Members also emphasized targeting groups with low labor-force participation, including people in generational poverty, rural residents, individuals reentering from prison, and people involved in the court system who may be employable but are not currently connected to employers. Several members raised concerns about benefit cliffs, the burden of repeated paperwork across agencies, and whether the system should include performance measures tied to cost per person served and return on investment. The committee agreed that quantifiable savings and outcomes should be part of the study and future recommendations. The committee then considered and discussed a draft consultant services agreement with Work Ed Consulting LLC, represented by Mason Bishop, to assist with the study. Bureau of Legislative Research staff explained that the contract would run through June 30, 2027, with a maximum amount of $158,000, billed on actual hours and expenses, and could be expanded by up to 10% if needed. Bishop said he could provide ongoing ROI updates and technical assistance based on his experience in other states. After discussion, the committee voted to move forward with the contract, and the meeting adjourned.

Transcript Highlights:

• The council and with us is our managing director, Dustin Curb, online.
• He's a long-range planning manager there.
• Alon Basak, County Planning Manager for Pierce County.
• The Federal Emergency Management Agency, FEMA, audits local government compliance of the flood insurance
• The federal emergency management agency FEMA audits local government compliance of the flood insurance

Summary: The committee held a work session on local government issues, beginning with an update from the State Building Code Council on four legislatively mandated code amendments now in CR-102 rulemaking: temporary emergency shelters, reduced minimum dwelling unit size, multiplex housing up to three stories and six units, and single-exit apartment buildings up to six stories. Council staff also described a separate embodied-carbon appendix proposal that remains under public review, with testimony both supporting and opposing it. Members asked about the rationale for some of the code limits, including the restriction on connecting multiplex buildings. The committee then heard a panel on annexations from MRSC, Pierce County, and the Association of Washington Cities. Witnesses reviewed annexation methods, including petition, election, and interlocal agreement approaches, and said larger annexations are increasingly using interlocal agreements because they can address infrastructure, revenue sharing, and public process concerns. They described barriers such as inconsistent local standards, the cost of infrastructure, referendum risk, census requirements, and the difficulty of persuading residents and local officials to support annexation. Members asked about the five-year restriction on residential zoning changes in one annexation method and whether a hearing examiner could reduce political pressure on local decision-makers. A second panel discussed subdivision reform. The Master Builders Association urged raising the short-plat threshold within urban growth areas to 30 lots as a simpler first step, citing permitting delays and added housing costs. The City of Spokane described implementation problems with recent housing laws, including uncertainty about how to review plats under HB 1110, lot-splitting administration, and added notice requirements for unit lot subdivisions. AWC said there was broad agreement that subdivision decisions should be more administrative, but public hearings remained a point of disagreement. The committee also heard from FutureWise, the Washington State Association of Counties, and Lewis County on county development regulation and enforcement, with witnesses emphasizing underfunded code enforcement, inconsistent standards between counties and cities, and the need for better coordination, incentives, and possibly stronger enforcement tools. No votes were taken; the chair said the committee would continue working on possible solutions in future sessions.

Transcript Highlights:

• Establishes methods of validation and auditing of required continuing education.
• > of<00:40:35.839> required validation and auditing of required validation and auditing
• It would also include targeted case management 30 days prior to release.
• It also would include targeted case management 30 days prior to release.
• targeted case management 30 days prior to<00:49:10.800> release.

Keywords: 0:22 – Roll Call 0:30 – Approval of minutes 1:04 – Department of Veterans Affairs 2:06 – Board of Pharmacy 3:20 – Board of Optometric Examiners 39:26 – Board of Nursing 40:07 – Board of Emergency Medical Services 41:52 – Department of Fish & Wildlife Resources 44:36 – Transportation Cabinet: Department of Vehicle Registration 45:36 – Department of Alcoholic Beverage Control 47:00 – Cabinet for Health & Family Services: Department for Medicaid Services 49:59 – Cabinet for Health & Family Services: Department for Community-Based Services, 958, all

Summary: The subcommittee approved the minutes from the previous meeting and then took up several regulations. The first was a Department of Veterans Affairs regulation, with a staff amendment, to allow nurse practitioners to apply for the Veterans Affairs nurse loan repayment program year-round and to make technical drafting changes. The committee heard from the Office of Kentucky Veteran Centers, then adopted the staff amendment and approved the regulation without objection. The main item of the meeting was the Board of Optometric Examiners’ proposed amendment to 201 KAR 5:010, which would allow applicants to use the Optometry Examining Board of Canada written exam in place of part one of the National Board of Examiners in Optometry exam for licensure. The board said the change would improve access to care, provide an additional pathway for Canadian-trained candidates, and still require applicants to pass the remaining national board parts. Opponents, including NBEO officials, ARBO, Pearson VUE, and several optometrists, argued the Canadian exam is not equivalent, does not test the same biomedical science content, is not validated for U.S. scope of practice, and raises concerns about test security, transparency, and portability across states. They urged the committee to find the amendment deficient or vote no. Committee members questioned both sides about prior communication with the board, whether Kentucky would be the first state to adopt such a change, the rationale for the proposal, and the cost difference between the exams. Supporters said the board had received some written comments and one phone call, and that the proposal was driven by access concerns and the presence of Canadian students. Opponents said they had not had direct discussions with the Kentucky board before the hearing. No final vote on the optometry regulation is reflected in the transcript excerpt, but the committee heard extensive testimony and rebuttal before moving on.

Transcript Highlights:

• If they have audit issues, they help and they walk them through how to get the audits taken care of,
• Speaker, with these students, we also have their coaches and managers: manager Natalie Williams and Fabian
• , if you will, or being able to pay for or to really remedy those audits.
• in a timely way, who doesn't have on-site program manager... ...knowing who can't get their audits in
• a timely way, who doesn't have on-site program managers.

Bills: HB111, HB61, HB43, HB156, HB70, SB3, HB103, HB109, HB128, HB247, HJM2, HJM3, HM7, HM17, HM4, HM22, HM23, HM24, HM26, HM2, HM16, HM32, HM11, HM14, HM21, HM34, HM50

Keywords: water law, state engineer, civil penalty, compliance order, water rights, overdiversion, illegal diversion, groundwater storage and recovery, well license, permit violation, water enforcement, New Mexico water code, irrigation district, conservancy district, water diversion, unauthorized water sales, measuring device, district court appeal, water resources, water compliance

Transcript Highlights:

• And then also, from a management, we call the management personnel plan employees across the system,
• , your legal staff, all of those, like sometimes an HR manager or an IT manager.
• So institutional support is a very broad category; it's not just management types.
• We know we still have problems with transfers, though, as we saw in the audit not long ago.
• And what you'll be hearing about today is how the State Library is managing those cuts.

Summary: The Assembly Budget Subcommittee on Education Finance met to review CSU and State Library budget issues, enrollment trends, the Capital Fellows program, and a Title IX update. Chair David Alvarez opened by stressing that CSU faces serious financial pressure, including a systemwide deficit and proposed cuts that he and several members said were too large and likely to harm access, course offerings, and student services. Public comment focused heavily on the Braille Institute Library, with patrons, staff, veterans, and advocates urging restoration of funding and warning that the proposed cut would severely affect blind and visually impaired Californians across Southern California. Several CSU faculty, staff, and union representatives also opposed the proposed reductions and warned of larger class sizes, fewer sections, and layoffs. On the CSU core operations item, the Department of Finance explained the Governor’s proposal to reduce ongoing General Fund support by about $375 million and defer a 5% base increase, while the LAO said CSU core funding would be roughly flat once tuition and targeted augmentations were considered, but warned that rising costs and prior shortfalls would still force campuses to cut spending. CSU’s Chancellor’s Office said the proposed cut would deepen existing problems, citing prior-year budget gaps, job losses, reduced course sections, and student-service reductions. Members pressed Finance and the LAO on whether cuts could be made more surgically, especially at the Chancellor’s Office or in institutional support rather than in instruction, and the LAO said the Legislature has flexibility to target cuts more specifically. CSU also described ongoing consolidation efforts, including shared services among campuses and the planned Cal Maritime/Cal Poly San Luis Obispo integration, while cautioning that savings are not yet fully known. The committee then discussed CSU enrollment. The LAO recommended holding enrollment targets flat because the budget does not add new funding, while CSU reported strong recent growth, including more California residents, record first-year enrollment, and expanded direct admissions and transfer pathways. Members questioned why some campuses with high demand turn away many applicants while others continue to lose enrollment, and CSU said it is shifting resources from campuses with sustained declines to those with demand, using a 10% below-target threshold. The committee also discussed whether enrollment declines mirror local population trends, how to improve marketing and program alignment, and whether lessons from Cal Poly Humboldt’s conversion could inform other campuses such as Sonoma State. The Capital Fellows item drew a Finance proposal for a salary increase and an LAO counterproposal for a smaller raise plus future COLA language; the committee kept the item open. Finally, CSU reported progress on Title IX compliance, saying it has completed most State Auditor recommendations, expanded civil rights staffing, and increased training, prevention, and case-management efforts, though members asked how proposed budget cuts might affect those services.

Transcript Highlights:

• Amendment barcode 340-435 is the Palm Amendment, and Palm is the Planning, Accounting, and Ledger Management
• So there are two primary reporting mechanisms: the annual financial audit and the annual financial report
• Under Florida law, counties and certain cities must complete an annual independent financial audit within
• Counties and certain cities must complete an annual independent financial audit within nine months of
• AFR, the annual financial report, is not an audit.

Summary: The State Administration Budget Subcommittee met with a quorum and considered three bills. HB 1221, the Department of Financial Services agency package, was presented as a streamlining and modernization bill covering the My Safe Florida Home Program, unclaimed property, and the state’s new PALM accounting system. Two amendments were adopted: one restoring the current $15 million cap DFS may retain in the unclaimed property trust fund and another making conforming changes to replace references to FLAIR with PALM. The bill was supported by public witnesses and was reported favorably after a unanimous roll call vote. The committee then heard HB 1291, dealing with the Florida Birth-Related Neurological Injury Compensation Association (NICA). The sponsor explained that the bill was intended to address concerns that NICA could fall below actuarially sound funding in the 2027-2028 fiscal year and that current law lacks clear triggers for funding remedies. An amendment was adopted that removed the bill’s fiscal impact and preserved a $20 million reserve. NICA representatives spoke in support, and the amended bill was reported favorably by unanimous vote. Finally, the committee took up CSHB 1329, which would modernize local government budget transparency by requiring budgets to be posted 14 days before hearings, retained online for five years, and made searchable and accessible, while also requiring a 10% budget-cutting exercise before adoption. Local government groups and the CFO’s office discussed costs and suggested that the EDR portal may be a better centralized way to present the data, especially for smaller jurisdictions. Members generally supported the transparency goal but raised concerns about implementation costs; the sponsor said the bill was still being refined. The bill was reported favorably on a mostly party-line vote, with one member voting no for now. The meeting then adjourned after the chair noted submission of the FY 2026-27 budget recommendation.

Transcript Highlights:

• . management, then it becomes a game of hot potato.
• who have grants management responsibilities, but they are not required.
• Robust training for employees in agencies who are managing grants.
• Agency staff who manage grants.
• The Office of Grants Management has a robust set of policies.

Bills: HF3043, HF2891

Keywords: public safety, illegal remunerations, healthcare fraud, grants, criminal penalties, state law, grants management, state employees training, certification, monitoring grants, accountability, grant fraud

Transcript Highlights:

• ensuring the head of the agency's salary reflects the knowledge and leadership skills required to manage
• Page 13 provides an update on our progress on Sunset Commission management actions.
• Um, we also get audited by the state auditor's office.
• It's money for an external audit. Those audits come in handy.
• Active status, but they will still require us to manage those licenses.

Transcript Highlights:

• obligation reflects a level of continued uncertainty, continues to serve as a proactive measure to manage
• But I think that's a very good starting point, really managing the kind of volatility that the state
• But we didn't necessarily manage to decrease our non-residents at the same rate.
• Also, it identifies new and improved audit... I don't know. County offices.
• , there was no audit penalty associated with that.

Summary: The committee heard an overview of the May Revision’s Proposition 98 changes for K-12 and community colleges. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with higher guarantees in each year, full payment of the prior settle-up, and larger deposits into the school rainy-day fund. The LAO said the revenue and LCFF updates were reasonable, but urged caution about the settle-up approach and recommended using more of the available funding to protect ongoing programs and build budget resilience. Members focused heavily on the size of the proposed $3.9 billion settle-up, the $10.3 billion reserve deposit, declining K-12 enrollment, and how much of the new funding should be ongoing versus one-time. The committee then reviewed the community colleges portion of the budget. Finance described the May Revision’s higher SCFF COLA, additional funding for enrollment growth, a student support block grant, apprenticeship adjustments, and continued funding for deferred maintenance, Calbright, Common Cloud, and credit for prior learning. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the growth formula, and a COLA for Student Equity and Achievement. The LAO recommended prioritizing the statutory COLA increase, noted that more than half of districts are already above current-year growth targets, and said the new adult learner demonstration project should be rejected because districts already have tools to support similar services. Members also discussed a $52 million current-year apportionment shortfall, which Finance said was discovered too late for the May Revision and would need to be addressed later. Finally, the committee took up the proposed implementation of the federal Workforce Pell program. Finance proposed one-time funding for the California Student Aid Commission and Cradle to Career to build eligibility and data systems, along with trailer bill changes to set up state approval processes. CSAC said the program is promising but highly complex, that California lacks the needed infrastructure, and that the state will need emergency regulations, data linkages, and ongoing funding beyond the one-time proposal. The LAO agreed that some initial funding is needed but warned that the amounts and ongoing costs remain uncertain and that the Legislature should carefully draft the trailer bill language. Members asked about timing, other states’ actions, and how the state would ensure the program is ready for students and institutions.

Transcript Highlights:

• I'm a policy manager at California YIMBY.
• It's ultimately about trying to better manage and collectively manage certain types of rebuilding.
• It's ultimately about trying to better manage and collectively manage certain types of rebuilding.
• City managers right now, city attorneys are not.
• credit cards, how to manage discretionary funds.

Summary: The committee first heard SB 753, which would modernize California’s shopping cart recovery rules by allowing cities and counties to return abandoned carts directly to retailers, recover documented retrieval costs, and avoid the current impound-and-wait process. The author and supporters, including San Jose officials and the League of California Cities, said the bill would help clear streets, sidewalks, and waterways and reduce local costs. Grocers and retailers opposed the measure unless amended, arguing it would turn cart retrieval into a new cost burden and could create incentives for cities to charge too much for stolen property. After extensive discussion about notice periods, cost caps, and local ordinances, the committee adopted amendments and passed the bill 6-0 as amended. The committee then took up SB 445, which would speed up permitting and approvals needed for high-speed rail by requiring early engagement, setting rules for third-party coordination, and creating a dispute-resolution process. The author said the bill was narrowed from an earlier, broader transit proposal and was intended to reduce delays caused by utilities, local governments, and other entities. Supporters said permitting bottlenecks add major costs and delays to infrastructure projects, while opponents from utilities, cities, counties, telecoms, and special districts raised concerns about safety, reliability, affordability, and the need to review the pending amendments. The bill passed 8-1 to the Utilities and Energy Committee. The committee also heard SB 9, a narrower housing bill focused on accessory dwelling units. The author explained that it would require local ADU ordinances to be submitted to HCD for review and would make state standards control if a local agency fails to submit a compliant ordinance or respond to HCD findings. Supporters from housing and YIMBY groups said the bill would improve enforcement of state ADU law and prevent local barriers from slowing housing production. There was no opposition, and the bill passed 6-0. The committee then began hearing SB 79, which would allow more housing near major transit stops; the author and supporters framed it as a response to the housing shortage and transit underuse, and the hearing continued with extensive support testimony as the transcript ended.

Transcript Highlights:

• <00:46:12.559> Care expand oversight of Managed Care expand oversight of Managed Care organizations
• dat we want to conduct datadriven Audits dat we want to conduct datadriven Audits and<00:48:08.880
• we're recommending a new case management we're recommending a new case management system<00:48:14.319
• position involving ownership management position involving ownership management or<00:48:46.160>
• bringing in outside agencies and something external to be auditing DHS.

Keywords: 1183, house

Transcript Highlights:

• the '88 session, we passed Senate Bill 1801, which requires appraisal districts to systematically audit
• Nothing negates the obligation of appraisal district continued audit.
• What we are asking for in the committee sub is right now, in order to pass an audit from the controller's
• Uh, when we started doing the, uh, um, the property values, the, um, The homestead audits.
• Our family coaches not only connect families to resources, but provide comprehensive case management,

Bills: HB249

Keywords: real property, ad valorem tax, tax appraisal, property value limitation, real estate taxation, property ownership

Transcript Highlights:

• Audit aimed at identifying designs and features contributing to its spread.
• AB 1394's audit requirements were constructed to ensure... Moderation.
• More concerning, however, is the requirement that these audits be made public.
• More concerning, however, is the requirement that these audits be made public.
• groundwater management.

Summary: The committee heard testimony on several bills related to reproductive access, child safety online, immigration enforcement in schools, health privacy, location data, digital provenance, reparations, and age assurance. AB 54 would protect the medication abortion supply chain and shield providers and others from liability; AB 1137 would strengthen reporting and enforcement tools for child sexual abuse material on social media; AB 49 would limit ICE activity at California public schools; AB 82 would expand privacy and safety protections for gender-affirming care patients and providers; AB 1355 would restrict the collection, use, and sale of precise location data; AB 853 would expand provenance requirements for AI-generated and authentic content; AB 62 would create a pathway for restitution for racially biased eminent domain takings; and AB 1043 would create a device-based age assurance framework for online services. Supporters generally framed the bills as necessary responses to current harms: reproductive rights advocates emphasized California’s role as a safe haven; child safety witnesses described the persistence and re-victimization caused by CSAM online; immigrant rights and education advocates said schools should remain safe from immigration enforcement; health and LGBTQ+ advocates stressed privacy and safety risks tied to tracking and harassment; privacy and consumer groups backed limits on location data and stronger provenance tools; and reparations advocates said AB 62 would help address historic injustices. Opposition came from family policy, tech, business, law enforcement, and industry groups, who raised concerns about safety claims, constitutional issues, implementation burdens, transparency, law enforcement access, and the need to preserve existing privacy frameworks and voluntary standards. The committee members largely expressed support for the policy goals while noting implementation concerns on some measures. Several members asked for or were offered coauthor status on bills. AB 1137, AB 54, AB 49, AB 82, AB 1355, AB 853, and AB 62 all received do-pass votes to Appropriations, with some members voting no or not voting on certain bills. AB 1355 and AB 853 were advanced with amendments or ongoing work promised with opponents, and AB 1043 was presented with discussion of possible amendments on parental consent and age assurance details, though the transcript cuts off before final action on that bill.

Transcript Highlights:

• Managing health expenses through a joint labor-management trust empowers participating employers to collectivize
• , manage safety risk, and help patients access appropriate treatment.
• , manage safety risk, and help patients access appropriate treatment.
• CalOptima manages more than $4 billion in public health care dollars.
• So, yes, we supported an independent audit.

Keywords: 987, senate, all

Transcript Highlights:

• So their focus was vegetation management. They were all about that.
• And managing that risk by the criticality and the opportunity to mitigate it.
• So the outside in is the attack surface management.
• Attack surface management, that's the outside looking in; there is a gap of 17%.
• Similarly, you can see vulnerability management as a service.

Transcript Highlights:

• to that island and do more audit cases.
• <00:38:41.800> work um however um the amount of audit work um however um the amount of audit
• <00:38:56.040> leads um basically handle more audit leads um basically handle more audit leads
• related to that island and do more audit related to that island and do more audit cases<00:39:00.200
• <00:58:23.079> or collections right obviously audits or collections right obviously audits

Keywords: 912, senate, all

Transcript Highlights:

• So we are also getting ready for our own audits.
• Our own audits will be more comprehensive as opposed to just a component of a DMR audit.
• We've been able to manage cost of funds kind of in line with the industry, and we've been able to manage
• So that's just managing, that is managing the bank over the prior two periods to kind of flatten the
• So that's just managing, that is managing the bank over the prior two periods to kind of flatten the

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.

Transcript Highlights:

• Um, there is an audit trail that is going to be able to be attached to that signature.
• The audit trail that's going to is true.
• However, then there was push back during the audit from the FBI. >> Correct. >> Thank you.
• Um during our audit with records unit.
• the audit from the FBI. the audit from the FBI. >> Correct. >> Correct.

Keywords: 1189, house, all