Transcript Highlights:

• I would imagine if I got a call from my bank and if I bank locally, I would go to the teller of my bank
• > a call from my bank and if I bank a call from my bank and if I bank locally,<00:41:01.200><c> I</c>
• <00:54:03.520><c> under</c><00:54:03.760><c> no</c> bank, um, the bank is under no bank, um, the bank
• . service. service.
• Online banking does provide a valid service.

Summary: The committee held an informational briefing on fraud in the community, with presenters from ARP, CoinFlip, HPD, the Hawaii Bankers Association, DCCA’s Office of Consumer Protection, and the Department of Law Enforcement. The chair described widespread scams targeting kupuna and other residents, including impersonation of grandchildren, lottery/inheritance schemes, romance scams, online shopping fraud, investment scams, and tech-support scams. Members emphasized the emotional manipulation used by scammers, the difficulty of getting victims to report losses, and the need to educate the public on warning signs and available resources. ARP said scams are an epidemic and highlighted national data showing major losses among older adults, including $4.8 billion lost by people age 60 and over in 2024. ARP focused especially on cryptocurrency kiosks as a growing scam channel in Hawaii, citing 64 complaints totaling $922,000 in 2024 and noting that complaints nearly doubled from the prior year. ARP urged stronger safeguards such as limits on transactions, refunds, live customer support, and a law-enforcement contact for operators, and said its Fraud Watch Network can help victims freeze credit, identify next steps, and track current scams. The chair said he intends to introduce legislation to lower and ultimately eliminate the amount of Bitcoin that can be purchased through ATMs. CoinFlip said it supports consumer-protection regulation and described its compliance practices, including scam warning screens, anti-money-laundering controls, blockchain analytics, wallet pinning, transaction monitoring, and cooperation with law enforcement. The company said it is registered as a money services business, files suspicious activity and currency transaction reports, and holds money transmitter licenses in many jurisdictions. It also pointed to Illinois-style refund protections for new users and said it refunds fees to scam victims, though not the underlying funds. In response to committee questions, members and the company discussed whether crypto kiosks are necessary, how scams can be traced, and whether banks and kiosks can better intervene when suspicious activity is detected.

Transcript Highlights:

• Chris Richards, Chief Banking Officer, Kipcott 5-cent Savings Bank.
• Exactly what's happened in banking.
• , Bank 5, Needham Bank, but it would not apply to Bank of America, right?
• is watching Citi Bank, Citi’s bank is watching Cap 1, and Cap 1 just acquired Discover.
• debit cards with community banks.

Summary: The Special Commission on the future of credit card payments and their impacts on small businesses heard testimony from credit union, retail, banking, and payments industry representatives. Much of the discussion focused on proposals to exclude sales tax and tips from interchange fees, the Illinois Interchange Fee Prohibition Act and related litigation, and whether similar state action in Massachusetts would help small businesses or instead create a patchwork that burdens state-chartered institutions. Witnesses from defense and community credit unions argued interchange helps fund fraud prevention, cybersecurity, member services, and low-fee products, while retail and NRF representatives said merchants are paying significant swipe fees and that state laws like Illinois’s are aimed at reducing costs that are not being passed on to consumers. Several witnesses emphasized that the current payment system provides security, fraud protection, rewards, and access to credit, and that many of the costs merchants complain about are actually bundled processor or acquirer fees rather than interchange itself. Others countered that small businesses are struggling with rising overall costs and that Massachusetts should consider reforms such as allowing surcharging, improving transparency in merchant contracts, and studying collection costs. There was also discussion of the recent Visa/Mastercard antitrust settlement, with industry witnesses describing it as meaningful relief for merchants and opponents saying it is temporary and incomplete. No formal votes were taken on legislation. The commission accepted oral testimony, noted that written testimony would be accepted through July 31, and concluded the meeting by unanimously voting to adjourn. The chair and members said they would continue gathering testimony and work toward recommendations, with the chair stressing the need to find a fair middle ground that supports both small businesses and the broader payments ecosystem.

Transcript Highlights:

• bank.
• bank.
• bank.
• banks.
• banks.

Bills: SF0021 , SF0022 , SF0054 , SF0055

Committee: Senate Minerals, Business & Economic Development

Transcript Highlights:

• and the military service of my husband.
• Adding even one more food bank to CDSS's workload will increase the Adding even one more food bank to
• It will shift resources from one food bank to another food bank.
• We have two food banks. San Diego Food Bank is about 52 to 54 million pounds of output.
• of a food bank, they're being denied those services because of an archaic old state law.

Committee: Senate Human Services

Transcript Highlights:

• Chris Richards, Chief Banking Officer, Kipcott 5-Cent Savings Bank.
• And again, the interchange fee goes to the bank. So I think many times we, the issuing bank.
• , Bank 5, Needham Bank, but it would not apply to Bank of America, right?
• Bank, Citizens, yeah.
• debit cards and community banks.

Summary: The Special Commission on the future of payments and sales transactions by credit card heard extensive testimony from credit union, banking, retail, restaurant, and payments-industry representatives about proposals to limit interchange fees, especially on the tax and tip portions of transactions. Several witnesses opposed state-level restrictions, arguing they would create a patchwork of rules, burden state-chartered institutions, raise compliance complexity, and ultimately reduce resources for fraud prevention, cybersecurity, rewards, and access to credit. Others, including retail and merchant advocates, said swipe fees are a significant and growing cost for small businesses and that states should consider reforms such as limiting fees on taxes and tips, allowing surcharging, improving transparency in merchant contracts, and studying collection costs more closely. Witnesses also discussed recent legal and regulatory developments, including Illinois’s interchange-fee law, OCC and NCUA interim rules, and the ongoing Visa/Mastercard antitrust settlement. Industry representatives said the Illinois law has been delayed and is likely preempted for most transactions, while merchant advocates argued the state efforts and court rulings show that networks and banks do not set fees competitively. The proposed antitrust settlement was described by some as a meaningful but limited merchant victory, with temporary fee reductions and expanded surcharge/steering rights, while others said it still falls short of structural reform. The commission members pressed witnesses on the practical effects of fees, the cost of cash, whether merchants can pass costs through, and whether small businesses are actually seeing benefits from the current system. Members repeatedly emphasized the need for a fair middle ground that protects both small businesses and the payment system. No substantive votes or policy actions were taken beyond accepting testimony, and the meeting ended with adjournment after all scheduled witnesses had spoken.

Transcript Highlights:

• and the military service of my husband.
• Angeles Regional Food Bank.
• That left the food banks.
• We have two food banks. Los Angeles. We have two food banks.
• of a food bank, and they're being denied those services because of an archaic old state law, I think

Summary: The committee first adopted a 4-0 consent calendar for SB 1345, SB 1410, and SB 1421. It then heard SB 1200 on child care, which would redefine infant and toddler age categories so providers could count 18- to 24-month-olds as toddlers without changing ratios. The author and family child care providers said the bill would better reflect child development, improve reimbursement, increase capacity, and help keep family child care businesses open; there was no opposition, and the bill passed 4-0 to Appropriations. The committee next approved SB 971, a permissive framework for counties to offer senior education and technology training through local public health systems and community partners. Supporters said it would help older adults with digital literacy, fraud awareness, health, and social connection, while remaining optional and locally tailored. There was no opposition, and the bill passed 4-0 to the floor. The committee also passed SB 1234, which requires fentanyl to be included in court-ordered drug testing in dependency cases when drug testing is already ordered. The author, an angel family member, and a sheriff’s office witness described child deaths and fentanyl exposure risks; the bill passed 4-0 to the floor. SB 1109, dealing with oversight of short-term residential therapeutic programs in small rural counties, drew substantial testimony. Supporters from Alpine County argued that two facilities there strain local emergency response and that annual review should be triggered by repeated serious citations or placement in counties lacking basic infrastructure. Opponents said the bill was too broad and could destabilize needed placement capacity. After discussion, the author accepted committee amendments, and the bill passed 4-0 to Appropriations as amended. The committee also passed SB 961, which would notify financial aid applicants that they may be eligible for CalFresh; students and advocates said it would reduce food insecurity and improve college success, with no opposition, and it passed 4-0 to Appropriations. Later, SB 1099, clarifying local governments’ authority to provide state or local public benefits to all residents under federal PRWORA exemptions, was heard and supported by local government attorneys; it was held on call after a 2-0 roll. SB 1190, creating licensing and safety rules for youth transport companies used in out-of-state residential placements, was supported by survivors and advocacy groups, with some support-if-amended testimony; it passed 4-0 to the Public Safety Committee. Finally, SB 1325, a narrow San Diego County measure to allow Feeding San Diego to participate in Cal Food under specific conditions, drew support from the author and Feeding San Diego but opposition from the California Association of Food Banks, which argued it would shift limited resources and add administrative burden. The transcript ends during committee discussion on SB 1325, before a final vote is shown.

Transcript Highlights:

• Scanlon for legislation to establish a sick leave bank for J.
• Scanlon for legislation to establish a sick leave bank for J.
• Scanlon for legislation to establish a sick leave bank for J.
• The Committee on Public Service, to whom was referred the petition accompanied by House Bill 2798, of
• Report of the Committee on Public Service.

Summary: The House opened with the Pledge of Allegiance and then took up several routine matters from the Committee on Rules, including ceremonial resolutions recognizing the Concord-Nenezi sister city relationship, the 35th anniversary of the Massachusetts-Hokkaido sister-state relationship, and congratulating Rachel Cohen on earning Eagle Scout. The House suspended the rules and adopted those resolutions. It also suspended Joint Rule 12 on a number of petitions, including proposals involving neuropsychology evaluations for persons with intellectual disabilities, pharmacists’ participation as preferred providers, a sick leave bank for a Department of Transportation employee, and land/easement authority for the City of Lowell. The main substantive issue was House Bill 4001, the fiscal year 2026 state budget, which came from the Senate with a full substitute amendment. The House suspended the rules but voted not to concur with the Senate amendment. The chamber then agreed to reappoint a conference committee, naming Representatives Michlewitz, Ferrante, and Smola to negotiate with the Senate. The House also considered and advanced several Public Service Committee bills establishing sick leave banks for state and local employees, including Kendra Winner, Dana Johnson, Stephen Forget, Daniel Yender, and Martin Kratman; each was ordered to a third reading after suspension of the rules. Later, the House took up Senate No. 2521, a fiscal year 2025 supplemental appropriations bill. After suspension of the rules, the bill was read a second time, ordered to a third reading, passed to be engrossed, and then enacted. The emergency preamble was separately adopted by a recorded vote, and the bill was finally passed. The House also adopted an order to meet again the following Monday at 11 a.m., then adjourned.

Transcript Highlights:

• So, you trust the postal service? Still not on the amendment. Representative, she waves.
• Can the postal service track certified mail if we're going to use certified mail?
• I'm not an expert of the postal service, but I would think they should be able to.
• Are you referring to the postal service or other methods?
• Machine service announced. Roll call in the hall.

Bills: HB3407 , HB1242 , HJR1081 , HB3443 , HB3781 , HB1939 , HB4237 , HB3430 , HB3321 , HB3905 , HB3329 , HB4253 , HB4421 , HB4311 , HJR1046 , HB2015 , HB3244 , HB4265 , HB3941 , HB4203 , HB2941 , HB3695 , HB3380 , HB3132 , HB3673 , HB3134 , HB3383 , HB4490 , HB4058

Keywords: property rights, abandoned homes, manufactured homes, notification, salvage, real estate, Oklahoma Tax Commission, landowner liability, redemption, HB1242, cervidae, deer, elk, sales tax exemption, agricultural exemption, livestock, ranching, farm tax, agricultural sales tax, agriculture

Transcript Highlights:

• Today, we have Magna Community Living Services here from Tulsa in the Broken area.
• Oftentimes, these kids need additional services until they're 19, and this is just aligning it to do
• Thank you for the question, Director of Human Services, Senator Goodwin.
• So, how is the Department of Human Services notifying individuals what foods they can or cannot buy on
• I have not received any emails with any lapse of services or any confusion from constituents, and so

Bills: SB1521 , SB372 , SB1232 , SB1307 , SB1338 , SB1390 , SB1451 , SB1463 , SB1558 , SB1567 , SB1595 , SB1621 , SB1734 , SB1749 , SB1827 , SB1833 , SB1991 , SB1992 , SB63 , SB2063 , SB2180 , SB1198 , SB80

Keywords: artificial intelligence, AI, generative AI, chatbot, conversational AI, companion AI, AI companion, virtual companion, chatbot regulation, minor safety, child online safety, parental controls, content moderation, self-harm, suicidal ideation, crisis intervention, mental health claims, romantic AI, emotional dependence, app store

Bills: HB1 , HB198 , HB11 , HB32 , HB33 , HB34 , HB56 , HB68 , HB72 , HB101 , HB102 , HB110 , HB154 , HB166 , HB168 , HB274 , SB114 , HB1 , HB198 , HB11 , HB32 , HB33 , HB34 , HB56 , HB68 , HB72 , HB101 , HB102 , HB110 , HB154 , HB166 , HB168 , HB274 , SB114

Committee: House Public Safety and Homeland Security

Keywords: DUI, driving under the influence, ignition interlock, interlock device, driver license suspension, restricted license, motor vehicle, alcohol offense, first offense, repeat offender, blood alcohol concentration, BAC, license revocation, Alabama State Law Enforcement Agency, ALEA, public safety, traffic safety, chemical dependency, substance abuse, court referral program

Transcript Highlights:

• Bank. I mean, like you know, the bank also holds a very high, so-called standard.
• Anybody do that in the bank will be filed.
• It applies to not the actual Internet service providers, but those websites.
• I work for a bank. We take an escrow exam every year.
• I appreciate your important service on this item.

Bills: HB2242 , HB2446 , HB2799 , HB4502 , HB2920 , HB2790 , HB5620 , HB5060 , HB5076 , HB5080 , HB5081 , HB5128 , HB5130 , HB3847 , HB5116 , HB2969 , HB4546 , HB4202 , HB5624 , HB3964 , HB4803 , HB872 , HB4775 , HB4777 , HB4961 , HB5570 , HB2988 , HB4260 , HB1375 , HB5009 , HB5411 , HB5134 , HB4388 , HB3095 , HB1387

Committee: House Judiciary & Civil Jurisprudence

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Summary: The committee heard testimony on several bills affecting civil practice, judicial conduct, and attorney regulation. HB 4961 and the similar HB 3095 would bar uninsured motorists from recovering non-economic damages after a collision, with HB 3095 also addressing certain exceptions and limiting economic damages in some cases. Supporters said the measures would encourage insurance coverage and fairness for insured drivers, while opponents argued they would unfairly punish injured people who were not responsible for the lack of insurance, including pedestrians, passengers, children, and others. HB 3095 drew constitutional concerns from witnesses, and the committee later withdrew the committee substitute and left the bill pending; HB 4961 was also left pending after questions about its scope, including passengers. HB 5570 would expand a continuing legal education exemption to attorneys appointed by the governor and confirmed by the Senate who serve on boards or commissions. The author and witness said the bill would free up time for public service while still requiring ethics training. A committee member raised a discrepancy in the number of attorneys covered, and the bill was left pending. HB 2969 would prohibit the State Bar from adopting rules or penalties that unreasonably burden attorneys’ religious exercise or free speech, especially in relation to sincerely held religious beliefs. Supporters framed it as a protection for lawyers of faith against an ABA-style speech code, while no one testified in opposition; the bill was left pending. HB 4260 would prohibit county judges and county commissioners from practicing law in courts over which they have jurisdiction. The author described it as an ethics measure to avoid conflicts of interest, but county officials and the County Judges and Commissioners Association opposed it, saying existing ethics rules already address conflicts and that the bill would impose hardships, especially in rural counties. The bill was left pending. HB 4388 would require all judges, including those who serve only in administrative roles, to remain subject to the Code of Judicial Conduct; supporters said some judges avoid discipline by relinquishing judicial functions, while opponents said the bill was unnecessary and could burden county judges who serve as administrators. It was also left pending. The committee also heard HB 5134, which would limit Rule 202 pre-suit depositions to people who have suffered or reasonably expect to suffer actual damages and allow attorney’s fees against abusive petitioners. The author said the bill would curb harassment and fishing expeditions, but members questioned how the standard would work in practice; the bill was left pending. Finally, HB 3964 would narrow common-law public nuisance claims by barring suits over lawful conduct, conduct already addressed by other remedies, and products, while preserving other causes of action. Supporters said the bill would prevent regulation through litigation and protect legislative authority; opponents said it would eliminate important remedies and that no Texas abuse had been shown. The author indicated he would revise the bill, and it was left pending.

Transcript Highlights:

• So what typically happens is, they have $1,000 in the bank account.
• banking, things like that.
• Or I can't find where, or I just can't find where they bank within the time period allowed.
• They have to go to the food bank to feed their families afterwards.
• But alternate service also goes through me. I must approve alternate service.

Bills: HB2242 , HB2446 , HB2799 , HB4502 , HB2920 , HB2790 , HB5620 , HB5060 , HB5076 , HB5080 , HB5081 , HB5128 , HB5130 , HB3847 , HB5116 , HB2969 , HB4546 , HB4202 , HB5624 , HB3964 , HB4803 , HB872 , HB4775 , HB4777 , HB4961 , HB5570 , HB2988 , HB4260 , HB1375 , HB5009 , HB5411 , HB5134 , HB4388 , HB3095 , HB1387

Committee: House Judiciary & Civil Jurisprudence

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Transcript Highlights:

• First, land owned by a nonprofit land bank is exempt from property tax.
• First, land owned by a non-profit land bank is exempted from property tax.
• health care services.
• health care services.
• And you may not know, but I actually helped shepherd the first state land bank legislation.

Summary: House Finance heard several bills and took no recorded votes. HB 2367 would end special tax and emissions exemptions for the Centralia coal plant by limiting its Climate Commitment Act exemption to pre-2026 emissions, removing limits on additional greenhouse gas requirements, and repealing coal sales and use tax exemptions. The sponsor, Rep. Fitzgibbon, said the bill would help keep the plant’s transition to cleaner natural gas generation on track; Climate Solutions supported it, while business and clean-energy groups raised concerns about allowance-market impacts and asked for amendments to adjust the cap-and-invest allowance budget. HB 1974 would authorize public housing authorities, public corporations, and nonprofits to operate as land banks for affordable housing, give them priority for tax-foreclosed properties, and provide property tax, leasehold excise tax, and REET exemptions for land bank transactions. Rep. Hill said the bill was narrowed to reduce fiscal impact and support existing land banking work in Spokane; supporters said it would lower land costs and speed affordable housing development, while questions focused on how public land would be used and whether affordability should be permanent rather than limited to 30 years. HB 2650, a Department of Revenue request, would standardize notice and effective dates for local REET and lodging tax changes and clarify documentation for an affordable housing sales tax deferral. DOR supported the bill as an administrative efficiency measure, and there was no opposition testimony. HB 2626 would raise the premium tax on health maintenance organizations, health care service contractors, and self-funded multiple employer welfare arrangements from 2% to 3%, remove a dentistry-related exemption, and add a new 1% tax on certain disability and group stop-loss insurers. The sponsor said the bill is intended to help fund Apple Health and subsidies amid federal funding concerns; insurers and business groups opposed it as a cost increase likely to be passed on to consumers and employers, while patient and advocacy groups supported the revenue idea but urged that funds be dedicated to subsidies or other health care supports and that pass-through to consumers be prevented.

Transcript Highlights:

• Chris Richards, Chief Banking Officer, Kipcott 5-Cent Savings Bank.
• And again, the interchange fee goes to the bank. So I think many times we, the issuing bank.
• , Bank 5, Needham Bank, but it would not apply to Bank of America, right?
• is watching Citi Bank, Citi's Bank is watching Cap 1, and Cap 1 just acquired Discover.
• debit cards with community banks.

Summary: The Special Commission on the future of credit card payments and their impacts on small businesses heard extensive testimony from credit unions, retailers, payment industry groups, and a credit card issuer. Much of the discussion focused on proposed state laws that would limit interchange fees on the tax and tip portions of transactions, especially Illinois’s Interchange Fee Prohibition Act and similar efforts in other states. Witnesses opposing the proposals argued that interchange helps fund fraud protection, cybersecurity, rewards, and access to credit, and warned that state-by-state rules would create a patchwork that could harm state-chartered banks and credit unions, raise compliance costs, and reduce consumer access to credit. Supporters of reform argued that swipe fees are a significant burden on merchants, especially small businesses, and that current pricing is opaque and often bundled with other processor charges. Several witnesses emphasized that the current payment system provides major benefits to merchants and consumers, including security, convenience, faster settlement, online commerce, and broader access to credit. One witness from Capital One said the industry’s losses from fraud and default are substantial and that interchange helps offset those risks; he also noted that merchants already have some tools, such as surcharging where allowed and negotiating clearer processor contracts. Retail representatives and the National Retail Federation countered that small businesses are under pressure from many costs and that interchange and related fees remain a real pain point, with some urging the commission to consider reforms that would return more money to businesses without disrupting the system. There was also discussion of the recent Visa/Mastercard antitrust settlement, with industry witnesses describing it as a significant merchant win that includes temporary rate reductions, more surcharge flexibility, and the ability to decline certain card tiers. No votes were taken. The meeting concluded after all scheduled testimony was heard, with the commission chair saying the session had been productive and that the committee would continue gathering testimony and written comments before making recommendations.

Transcript Highlights:

• Mexico's food bank partner agencies save over 7 million monthly thanks to food bank partnerships.
• of things—not just food, but other services, health care services, a host of things.
• Service integration hub.
• So when we talk about food banks providing emergency services or emergency food, that really is the Purpose
• Well, thank you for your service, Bill.

Committee: Joint Economic & Rural Development & Policy Committee

Transcript Highlights:

• </c><00:57:25.119><c> Services</c> banking service fees on Title Services banking service fees on Title
• ><c> would</c> know what kind of a bank service would know what kind of a bank service would consumers
• you</c> getting services from their Bank you getting services from their Bank you know<01:00:53.440><
• </c><01:03:27.000><c> charging</c> kind of banks service would be charging kind of banks service would
• Trust</c><01:09:45.679><c> Services</c> Bank bank service charges Trust Services Bank bank service charges

Committee: House Taxes

Transcript Highlights:

• These are banks like Coastal Heritage Bank, Rockland Trust, Eastern Bank, OneLocal Bank, and Bay Coast
• Bank, to name a few.
• that issue cards, and by the banks and other payment service providers that process payments on behalf
• Banks bear this cost.
• bank receives the same fee rates as every other bank in the network.

Summary: The Special Legislative Commission studying the future of credit card payments and their impacts on small businesses held what leaders described as its last public hearing, though they said the commission would continue meeting to develop a report and recommendations. Chair Paul Feeney and other members noted the issue is complex and that they had sought testimony from a wide range of stakeholders before moving into a more deliberative phase. The commission adjourned after hearing from several in-person and virtual witnesses. Banking and card-industry witnesses, including the Massachusetts Bankers Association, the Card Coalition, the Electronic Payments Coalition, and others, argued that payment cards provide major benefits to consumers and merchants, including convenience, fraud protection, fast settlement, and broad access to electronic commerce. They warned that state-level changes to interchange rules could create a patchwork of conflicting requirements, disrupt global payment systems, and especially affect state-chartered community banks and small businesses. Several also said recent federal actions and litigation, including OCC and NCUA preemption rules and the Illinois interchange-fee litigation, have limited the practical reach of state laws. Restaurant, retail, and convenience-store witnesses pushed for relief from swipe fees, saying independent businesses operate on thin margins and pay fees on amounts that are not really their revenue, such as sales tax and gratuities. They urged transparency, the ability to surcharge, vendor compensation for tax collection, and limits on interchange or related fees. Some witnesses said merchants bear significant fraud and chargeback costs and that banks and card networks have not offered enough direct relief. Commissioners asked questions about surcharging, fee regulation, fraud, and whether industry should share more of the burden. No votes or formal actions were taken beyond adjourning the hearing.

Transcript Highlights:

• You have to find a new bank. That's getting into the marketplace, telling banks what to do.
• president for Bank of America.
• There are seven federal regulators of banks and banking industries.
• The bank program has grown by a net of 10 percent, with a total of 127 banks participating.
• Banks will be in it. More banks are up to speed now.

Transcript Highlights:

• By capping fees below the cost of providing the service, many banks and credit unions will be forced
• By capping fees below the cost of providing the service, many banks and credit unions will be forced
• Many local banks across the country already offer overdraft services that provide Americans a safety
• Overdraft protection is a profit center for big banks disguised as service fees.
• Overdraft protection is a profit center for big banks disguised as service fees.

Transcript Highlights:

• AB 2243 would establish a state bank commission to evaluate how a state bank or some additional public
• larger national banks.
• AB 2243 does not create a bank.
• AB 2243 does not create a bank.
• of local public banks?

Committee: House Banking and Finance