Transcript Highlights:

• </c><00:27:13.120><c> of</c> funding to do um individual audits of funding to do um individual audits
• This bill allows the that audit.
• And secondly, we have asked our audit department to audit the process in addition to a third-party audit
• And secondly, we have asked our audit<00:30:25.600><c> department</c> audit department audit department
• School finance audit payments.

Keywords: 981, all

Transcript Highlights:

• </c><00:04:56.240><c> any</c> forward eligibility of the credit any forward eligibility of the credit
• outlined in this act and clarify that the scope of the financial audit shall include an audit of each
• </c> responsible for conducting the audits responsible for conducting the audits outlined<00:36:23.599
• </c><00:36:27.040><c> shall</c> the scope of the financial audit shall the scope of the financial audit
• </c><00:38:04.000><c> amounts</c> amendments blanking the credit amounts amendments blanking the credit

Committee: Senate Ways and Means

Keywords: 912, senate, all

Summary: The committees considered a large number of Senate bills, with many measures advanced either unamended or with technical or substantive amendments. Early action included SB 88 and SB 11 SD1, both passed unamended, and SB 562 SD1 and SB 642 SD1, which were passed with amendments reflecting agency testimony. SB 1133 SD1 was amended to remove duplicative county requirements and clarify tax credit carry-forward eligibility, while SB 1569 SD1 on sports wagering was deferred. Later, SB 933 on nonprofit/federal funding support drew strong testimony from nonprofit and health advocates emphasizing the risk of federal funding freezes and the importance of protecting services such as early learning, domestic violence support, housing, and workforce supports; the committee recommended amendments to define eligible organizations, require reporting, and include the Judiciary. SB 934 and SB 935 were also amended, with SB 934 tying mass transit funding to Honolulu project milestones and SB 935 revising retirement-system language to change “fewer than five years” to “five or more years.” The committees then took up additional measures with targeted amendments. SB 1033 was amended to clarify that the bill applies to legal entities, not individuals, though members noted concerns about closely held family corporations and asked that the issue be reflected in the committee report. SB 1166, SB 1249, and SB 1256 were advanced with amendments or committee-report notes reflecting concerns from the Attorney General, Hawaii Cattlemen’s Council, and Hawaii Farmers Union United, respectively. SB 1432 and SB 137, both relating to electric utilities, were amended to require retention of covered employees after mergers or acquisitions and to direct the PUC to consider whether proposed transactions further state policy goals. SB 157 on antitrust was narrowed to focus on coordinator conduct in rental housing markets, SB 252 on invasive species received a defective effective date, and SB 336 on defense of state employers and employees passed unamended. SB 536 on the Hawaii Community Development Authority was deferred to a later hearing, and SB 1064 on medical cannabis was heavily amended to authorize cultivator licenses with limits on canopy size, license counts, physician fees, and a special-fund appropriation for enforcement. In the Ways and Means portion, the committee passed several bills unamended, including SB 19, SB 124, SB 264, SB 345, SB 422, and SB 741 and SB 747 later in the agenda. SB 361 was amended to remove references to the attorney general and delete an appropriation section, SB 438 was amended to redefine buffer zones and landfill-unit language, and SB 441 and SB 494 were amended to blank appropriations and, in SB 494, assign charter-school audit responsibility to the state auditor. SB 659 was substantially amended to promote local procurement, including county-level geographic preferences and higher thresholds for locally sourced purchases, and SB 732 was amended to adjust film tax credit provisions, including the streaming-platform definition and sunset-related language. SB 819 was amended to replace references to “educators” with “teachers.” Throughout, most measures were adopted without recorded opposition, though several members noted reservations on particular bills.

Transcript Highlights:

• </c> Folks up to get you know better credits Folks up to get you know better credits they're<00:32:17.480
• ><c> tool</c> better align this taxx credit as a tool better align this taxx credit as a tool for<00:
• </c><01:00:38.440><c> contribution</c> state housing tax credit contribution state housing tax credit
• </c><01:10:37.960><c> and</c> with the state housing tax credit and with the state housing tax credit
• </c> program the state housing tax credit program the state housing tax credit bill<01:11:55.560><c>

Committee: Senate Housing and Homelessness Prevention

Keywords: 1187, senate, all

Transcript Highlights:

• Aragine law enforcement reports do pass with author's amendments to add definitions and specify the audit
• voting SB 414 Ashby charter school accountability do pass with author amendments regarding annual audit
• Foundation Reserve Account Holding Committee, SB 750 Cortese, California Housing Finance and Credit Act
• SB 287 Grayson manufacturing tax credit.
• This is a two-year bill Sorry 587 Grayson manufacturing tax credit two-year bill SP-373 Grove, nonpublic

Committee: House Appropriations

Keywords: 988, house, all

Transcript Highlights:

• Yes. ...energy credits, or the RECs, for behind-the-meter generation, right? Yes. Yes.
• How do you audit if they've exceeded what is normally called public relations?
• Because you think that an audit would include the expenditures as well as?
• We're going to submit audits for the larger organization. That way you don't have double audits.
• , it's, you know, a million-dollar audit versus the project that's in the $200,000.

Summary: The committee heard several energy-related bills. AB 710 would require investor-owned utilities to share critical circuit and grid information with local and tribal governments and community choice aggregators to help plan microgrids for resilience during PSPS events and wildfires. Supporters from counties and cities said better data sharing is needed to develop microgrids for critical facilities; PG&E and SDG&E opposed the bill as drafted, citing privacy and grid-security concerns, though SDG&E said amendments may address some issues. Members generally supported the bill’s goal, and the author accepted committee amendments. AB 2182 would restructure the CPUC’s industrial energy efficiency program so industrial customers’ funds are used for industrial projects, with less review and more focus on projects that reduce transmission and distribution needs. Support came from large energy users, with members praising the bill’s ratepayer protections and asking about caps, agriculture, and carbon capture; the author said agriculture could participate and carbon capture was removed from the bill. AB 2589 would require utility federal tax savings to be returned to ratepayers, building on prior legislation; it drew little debate and no opposition on the record. The committee also heard AB 2163, which would create strategic clean energy and critical mineral development zones, especially to support geothermal and lithium development in places like Imperial County and the Salton Sea. Supporters emphasized jobs, domestic supply chains, and state competitiveness, while some members raised questions about whether other zero-carbon resources should be included; the author said the bill could be receptive to those ideas. AB 2505 would allow hydrogen refueling stations to use dedicated utility meters and service lines, with supporters from the hydrogen industry and labor. AB 1577 would require data centers to report energy and water-use information to the Energy Commission and local planners; supporters said it would protect ratepayers and communities, while industry groups opposed the bill as too broad and duplicative, though they welcomed amendments narrowing the scope and adding trade-secret protections. AB 2065 would impose penalties on utilities that seek to recover prohibited or double-counted costs from ratepayers, and AB 2516 would create a California Grid Manufacturing Initiative to reduce equipment costs and expand in-state manufacturing; both drew strong support and some concerns about overreach and implementation. Finally, AB 2647 would direct the Energy Commission to study advanced nuclear’s role in meeting California’s electricity needs, with testimony in support from nuclear advocates and academics; the hearing ended before any final votes were taken, with several motions pending quorum.

Transcript Highlights:

• . $50 million additional for the education enrollment stabilization fund, which goes to the tax credit
• We need to make this simple for them, but we need to make sure that it's accountable and auditable.
• We need to make this simple for them, but we need to make sure that it's accountable and auditable.
• The bill requires the Auditor General to annually conduct an end-of-year FTE audit of the scholarship
• In doing so, the tax credit may quite honestly be capped out here soon.

Summary: The committee first heard the Pre-K-12 education budget proposal for fiscal year 2025-26 and voted to adopt it as the committee’s recommendation to the full Senate Appropriations Committee. The proposed $34.7 billion budget includes increases for the FEFP, Family Empowerment Scholarships, VPK, school safety, the Florida School for the Deaf and Blind, school hardening, Jewish day school security, and an education enrollment stabilization fund. Members asked no questions on the budget before it was advanced, and staff was authorized to make technical corrections. The committee then passed CS/SB 1402, which expands eligibility for dropout retrieval services to any individual who has withdrawn from high school and clarifies how school grades are calculated for virtual instruction providers that offer only dropout retrieval services. An amendment to clarify the grading calculation was adopted without objection, and the bill was reported favorably after a roll call vote. The committee also took up SPB 7030, a comprehensive scholarship-program bill sponsored by Senator Gates, which would separate Family Empowerment Scholarship funding as its own categorical, expand the education stabilization fund, create fall and spring application windows, require a single scholarship application and more documentation, assign student IDs, change payments to a monthly schedule, require background checks for paid instructional providers, mandate annual FTE audits by the Auditor General, and standardize reimbursement and eligibility procedures. After extensive discussion and public testimony, the bill was adopted as a committee bill and reported favorably, with Senator Osgood voting no. Finally, the committee considered CS/SB 508, which requires private schools participating in the Family Empowerment Scholarship Program to disclose in writing what accommodations, modifications, and services they will provide for students with existing plans such as IEPs, 504 plans, or ELL plans. An amendment was adopted to require public schools to consult with private schools about equitable services, and the bill was reported favorably. Public testimony included support from parent-choice advocates and concerns from private-school representatives about administrative burden and the scope of the required disclosures. The meeting concluded after the final roll call votes and adjournment motion.

Transcript Highlights:

• And my rationale is if we have a credit card company and there's fraud, the person gets made whole.
• And my rationale is if we have a credit card company and there's fraud, the person gets made whole.
• </c><00:25:40.320><c> Do</c> audit of Alabama Power in its books.
• Do audit of Alabama Power in its books.
• </c> people than it would to properly audit people than it would to properly audit and<00:25:50.320><

Bills: HB303 , SB360 , SB325 , HB477 , SB329 , HB381 , SB330

Committee: Senate Fiscal Responsibility and Economic Development

Keywords: 923, senate, all

Transcript Highlights:

• and auditing.
• >> Uh, the audit—some districts are very far behind on their audits, addressing that issue legislatively
• </c> are dealing with audits and auditing. are dealing with audits and auditing.
• </c><00:25:22.880><c> addressing</c> far behind on their audits. addressing far behind on their audits
• </c> at DOE, timeliness with audit at DOE, timeliness with audit submissions<01:02:19.040><c> to</c><

Committee: House Education Funding

Keywords: 1189, house, all

Transcript Highlights:

• And I think there's credit to that. I would love to work with a bipartisan angle.
• So the UC would be able to use these tax credits and build housing.
• would be owned by the affordable housing developer and the tax credit investors.
• It's more than just attaining college credit.
• be not denied to others due to the lack of funding, not afforded to non-credited colleges.

Summary: The Assembly Higher Education Committee met with a quorum and first approved a consent calendar containing AB 341, AB 1098, and AB 1316, sending those measures to the Human Services, Judiciary, and Appropriations Committees respectively. The committee then heard AB 977, which would require CSU to audit surplus land and work with California tribes to identify three regional burial sites for Native American remains that cannot yet be repatriated. Supporters, including tribal leaders and archaeology groups, said the bill is needed to honor ancestors and address the large number of remains still held by CSU; CSU said it is committed to repatriation but had no formal position. The bill passed to Appropriations on a 5-0 vote. Members also heard AB 1093, creating a California-Mexico higher education exchange program, and AB 1035, expanding the California College Promise to cover tuition for students pursuing community college bachelor’s degrees. AB 1093 drew support for strengthening cross-border educational and economic ties, but some members raised concerns about border-region sewage problems and the bill’s budget implications; it was held for later consideration. AB 1035 received strong support from community college leaders and faculty who said it would help low-income and first-generation students complete workforce-focused bachelor’s degrees, but several members questioned whether it would stretch Prop. 98 funding and whether the state should prioritize broader affordability concerns. AB 1035 passed to Appropriations on a 3-2 vote. The committee next approved AB 922, which would let the University of California keep access to federal criminal-history information for hiring background checks, avoiding delays and added costs if statutory authority is required. UC said the bill is needed to maintain safety and hiring operations, and it passed to Public Safety on a 5-0 vote. AB 1346, protecting military dependents from losing in-state residency status because of family travel, also passed unanimously to Military and Veterans Affairs. AB 1212, allowing UC to use low-income housing tax credits to build affordable housing for faculty and staff on UC land, drew support from UC and labor groups but opposition from members concerned about preferential access to public resources; it was held for later action. Finally, the committee approved AB 500 and AB 684, both aimed at increasing transparency around UC admissions policy changes and UC BOARS decision-making, sending AB 500 to Education and AB 684 to Governmental Organization, each on 5-0 votes. The hearing then moved on to AB 1122 on dual enrollment, with the author and witnesses presenting the bill as a way to expand college access for high school students.

Transcript Highlights:

• formula for MinnesotaCare is also on the amount of federal tax credits that the state pays.
• formula for MinnesotaCare is also on the amount of federal tax credits that the state pays.
• formula for MinnesotaCare is also on the amount of federal tax credits that the state pays.
• We had a testifier who said that this report is an audit.
• </c><00:47:51.240><c> may</c> you can can show on that the audit may you can can show on that the audit

Committee: House Commerce Finance and Policy

Keywords: 1183, house

Transcript Highlights:

• Those tax credits, or premium credits, were the result of advanced tax credits awarded through the Biden
• </c> then then it comes back as a tax credit. then then it comes back as a tax credit.
• those um tax credits for or pandemic. those um tax credits for or should<00:26:58.000><c> say</c><00:
• </c><00:26:59.200><c> as</c> should say premium credits that were as should say premium credits that
• </c><00:27:01.520><c> were</c> a result of advanced tax credits were a result of advanced tax credits

Keywords: 1183, house

Transcript Highlights:

• It does allow for auditing, full-scale audits by the Health Resources and Services Administration.
• They don't call them credit scores; they call them credit insurance scores.
• It's your credit history. Or what type of credit are you carrying? What's your payment history?
• So you'll have people with good credit subsidizing those with bad credit.
• People with good credit subsidized folks with bad credit, and there was a lot of consumer pushback.

Committee: House House Health & Human Services

Transcript Highlights:

• Thank you for the opportunity to present our recent audit findings to the committee.
• Those programs were the focus of our audit.
• As a result, these legislative changes and as I guess... audit.
• The second issue we noted in the audit was an extended budget.
• So in your audit, talk to me a little bit about any suggestions that you have for a record.

Committee: Senate Appropriations Committee on Pre-K - 12 Education

Summary: The Senate Appropriations Committee on Pre-K-12 Education met for its first meeting of the 2025 session to hear the Auditor General’s operational audit on 2024-25 school funding accountability challenges, focused largely on the Family Empowerment Scholarship and its interaction with the FEFP. Deputy Auditor General Matthew Tracy described rapid growth in scholarship enrollment, timing mismatches between scholarship payments and public-school funding calculations, delayed membership survey processing, weak cross-check and recoupment procedures, inconsistent handling of parent survey responses, and limited documentation for withholding and returning funds. The audit said these issues contributed to funding inequities, duplicate-payment risks, and an unexpected draw on state education funds, and it recommended separating scholarship funding from the FEFP, aligning application windows with budget timing, strengthening controls and staffing, and creating clearer, documented recoupment and balance-limit processes. Committee members questioned whether current law gives the department and scholarship funding organizations enough authority and whether the system is effectively a pay-and-chase model. Several senators expressed concern about the lack of timely reconciliation, the size of the funds involved, and the absence of clear records showing how money was recovered or withheld. Adam Emerson, executive director of the Office of School Choice, said the department is working more closely with school districts and scholarship funding organizations, including pausing payments when districts identify students still enrolled in public schools, and said the office wants to improve the process. President Gates then previewed legislation he said would address the audit’s findings by funding Family Empowerment Scholarships as a separate FEFP categorical, expanding the Education Stabilization Fund, setting clearer application and acceptance deadlines, moving to monthly payments with eligibility verification before each payment, assigning student IDs for scholarship assistance, lowering SFO management fees, requiring annual audits, and requiring prompt return of audit-related funds. Public comment included a private-school attorney describing losses from unpaid scholarship amounts. Members generally supported the need for reform, with several senators saying the program should be preserved but better structured and more accountable. The committee adjourned after the discussion, with no vote taken on the legislation.

Transcript Highlights:

• This bill does not prevent audits, and it does not weaken tax enforcement.
• , and The person they're auditing to be able to sign an agreement to allow them to suspend interest and
• penalties while the audit is going on.
• It's built through the lines of credit, the $574 million, and other means of finance.
• So as we work into the fall with lines of credit through the Bond Commission... We're dormant.

Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 19, 2026, established a quorum, approved the May 11 minutes, and then took up several House bills. House Bill 1039, presented by Rep. DeSotel, would add taxpayer protections in local sales tax audits by requiring clear notice that waiving prescription is voluntary, requiring a written request identifying records sought before an estimated assessment, and allowing mutual agreements to suspend interest and penalties during an audit. The committee had no opposition and reported the bill favorably. House Bill 799, handled by the State Fire Marshal’s office, would move boiler inspections into the Fire Marshal’s office and allow licensed industry inspectors to perform them, with the stated goal of improving efficiency because current staffing only covers about 20% of inspections; it was also reported favorably without objection. The committee then spent most of the meeting on House Bill 2, the capital outlay bill, with Chairman Bacala explaining that the House had worked with the Division of Administration and Facility Planning and Control to find about $50 million in savings through cash-flow adjustments, under-budget bids, over-appropriations, and bundled-project savings. He argued the bill has grown beyond a true five-year plan and that some prior funding is not transparent because money placed in projects in earlier years no longer appears in later versions of the bill. Division officials said the savings would help address deferred maintenance, especially in higher education, and that Priority 2 projects are used to absorb additional funds if more savings are found later in the year. Senator Luneau asked about dormant projects and the process for removing or reallocating funds from projects with no recent expenditures; officials said such removals must go through the Bond Commission and that they are considering ways to improve the process. Bacala then offered amendments to HB 2, saying they kept Priority 1 fully funded, added about $54 million in Priority 2 projects, and included a large Priority 5 list of member requests. The committee adopted the amendment set without objection and then reported HB 2 as amended favorably. The committee also reported House Bill 3 favorably; Bacala described it as a housekeeping measure that provides bonding capacity to move HB 2 forward. Finally, the committee granted staff authority to make technical changes to the reported bills and adjourned on Senator Lambert’s motion.

Transcript Highlights:

• They don't have to audit all of those numbers on the tax return; they can simply audit the numbers that
• And you can create new or repeal tax credits.
• And then 31 credit provisions.
• So when you say, "Don't audit rich people, don't audit poor people; anyone that's cheating, go audit
• Yeah, we'll share credit. Okay, thank you.

Committee: House Revenue Stabilization & Tax Policy Committee

Transcript Highlights:

• audits, and compliance single audits, on a regular and comprehensive basis.
• Speaker and gentlemen, we'll talk about audits. Mr.
• It's such a weird word to say in relation to an audit.
• Speaker, gentlemen, do I think, do agencies perform audits? Is there an audit for each agency, Mr.
• Our state agencies are required to do an annual audit.

Bills: HB95 , HB111 , HJR1 , HM7 , HM17 , HM4 , HM22 , HM3 , HM11 , HM14 , HM15 , HM21 , HM34 , HB2 , HB32 , HB33 , HB61 , HJM2 , HM23 , HM24 , HM26

Keywords: HB95, additional judgeship, district court, judicial district, First Judicial District, Second Judicial District, district judges, court administration, judicial staffing, caseload, access to justice, New Mexico courts, judiciary, judge vacancy, court backlog, state courts, water law, state engineer, civil penalty, compliance order

Summary: The House convened with quorum, offered an invocation and pledges, and then moved through a series of memorials, recognitions, and announcements. House Memorial 49, declaring February 4, 2026 UNM Day, was taken from the Speaker’s table, explained, and debated at length. Members from both parties and several guests praised the University of New Mexico for its role in education, health care, research, public service, and workforce development, with special recognition of President Garnett Stokes, interim provost Barbara Rodriguez, and Health Sciences leaders and students. The memorial highlighted UNM’s enrollment, degrees awarded, scholarship support, patent activity, and the UNM Hospital and Health Sciences Center. It passed 70-0. House Memorial 48, declaring February 4, 2026 Valencia County Day, was also brought forward and passed unanimously. Supporters described Valencia County’s history, culture, economic growth, and traditions, including the annual matanza, Route 66 heritage, and major employers and development projects. Members from the county and local officials were recognized, and the memorial emphasized both historic communities and current business and infrastructure expansion. House Memorial 50, declaring Lincoln County Day, was introduced by title and placed on the Speaker’s table, but not taken up for final passage during this segment. The chamber also recognized the Artesia Bulldogs football team for winning another state championship, Del Norte High School’s class of 1966 on its 60th anniversary, and a number of guests tied to nursing, education, and local community service. Several members used announcements to highlight nurses, school programs, and local events, including a Legislative Sportsman’s Caucus invitation and a reminder that the day was the final day to file bills with the clerk. The session closed with continued announcements and guest introductions, reflecting a day focused heavily on community recognition and celebratory memorials rather than substantive legislation beyond the memorial votes.

Transcript Highlights:

• </c> also know students who take 15 credits also know students who take 15 credits or<00:08:40.080><c
• </c> their 24 audit which was due last March. their 24 audit which was due last March.
• They mentioned the audit.
• Audits are not current.
• </c><01:36:58.480><c> They're</c> Um audits are not current. They're Um audits are not current.

Keywords: 958, all

Summary: The committee met with a full quorum and approved the prior minutes. Members offered introductions of guests and family members, then heard a presentation from University of Louisville President Thomas Jared Bradley, who was sworn in before testifying. He described his background and outlined U of L’s strategic priorities: student success, access and affordability, workforce development, community engagement, and research. Bradley highlighted enrollment growth, increases in first-generation and Pell-eligible students, strong transfer pathways with KCTCS, and support programs such as the Cardinal Commitment Grant, 15-to-Finish, Comeback Cards, tutoring, mentoring, and mental health services. Bradley also emphasized U of L’s statewide and regional impact through UofL Health, rural outreach, the Bullitt County rural cancer education and research center, nursing expansion, and the Kentucky Manufacturing Extension Partnership program. He noted major institutional distinctions, including R1 status, a new Carnegie Opportunity College and University designation, and community-engaged classification. He said the university is one of only 10 public universities nationwide with all three designations and reported record enrollment, improved retention, and strong research expenditures. He also thanked lawmakers for significant capital and operating support, including funding for the simulation center, health science center, asset preservation, and the MEP program. During questions, members praised the university’s public service role and asked about first-generation enrollment, retention, graduation rates, and post-graduation outcomes. Bradley said the university is working to improve completion by expanding academic support, early alerts, incentives for tutoring, and faculty/advisor mentoring, especially for first-generation and high-need students. He acknowledged that post-graduation employment data is difficult to collect but said the new Carnegie classification reflects positive outcomes. No votes were taken beyond approving the minutes, and no formal actions were taken on legislation in this portion of the meeting.

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.
• It is based on ability to repay and credit score to manage the credit risk.
• It is based on ability to repay and credit score to manage the credit risk.
• We normally have 12 credit analysts underwriting deals.

Summary: The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately. Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement. Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses. The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.

Transcript Highlights:

• It's like you can't get credit because you don't have credit.
• And if you don't have credit, you can't get credit. So please. Sure.
• this audit.
• So are the audits... Ms.
• the performance audits.

Committee: House House Government Committee of Reference

Summary: The committee heard a series of bills and resolutions, many of them on property, local government, and memorial topics. HB 2079, authorizing a memorial for journalist Don Bolles at Wesley Bolin Plaza, passed unanimously after sponsor testimony about the 50th anniversary of his assassination and the memorial’s no-cost nature. HB 2080, as amended, advanced 7-0 on deed and title fraud prevention measures, including photo ID requirements, notarization and deed-filing safeguards, an assessor alert program, and a felony penalty for knowingly submitting false or forged real-property claims. HB 464, which moves the petition process for municipal improvement districts earlier in the process, passed 5-2 after testimony from Camp Verde, the Yavapai Apache Nation, developers, and the League of Arizona Cities and Towns; opponents argued it could force property owners into infrastructure they do not want, while supporters said it improves transparency and financing certainty. HB 2048, a proposed constitutional referral to withhold pay from state elected officials if the budget is not enacted by April 30, passed 4-3, with supporters saying it would create accountability and opponents saying broader process reforms are needed first. The committee also heard HB 2324, which would allow municipalities with their own fire codes to petition for county-owned buildings inside city limits to be exempt from separate state fire code inspections when conditions are met. County and state fire officials supported the concept, saying it would resolve conflicting statutes and formalize intergovernmental agreements, and the bill passed 7-0. HB 4087, authorizing a memorial plaque for former legislator Barbara Leff, also passed unanimously, with the sponsor noting her service in both chambers and her work on veterans and health care issues. HB 2239, creating a child care grant program and infrastructure fund for underserved and low-income communities, drew extensive testimony from rural parents, child care advocates, and early childhood experts describing child care deserts, workforce losses, and safety concerns with unregulated care. Supporters said the bill would fund the facilities and infrastructure needed to expand regulated child care, especially in rural Arizona; the committee approved it 5-1 with one member present and one not voting. Members also discussed HB 2375, a historic-preservation-related middle housing bill, but the transcript cuts off before final action is shown; testimony reflected a sharp divide between preservation advocates supporting exemptions for historic districts and housing advocates warning the bill could worsen exclusion and housing shortages.

Transcript Highlights:

• So these kids do not have debit or credit cards.
• I'm going to take out that entire subsection by any bank or credit union.
• So you would wind up adding more cost for the... ...for our auditing aspects.
• This is going to be the fee if you want to pay with a credit card.
• I mean, so the convenience of the credit card is why you primarily as a vendor take the credit card.

Committee: House Special Committee on Tax Reform

Summary: The committee heard House Bill 3256, sponsored by Rep. Lisa Dernel, which would require businesses to accept U.S. cash and prohibit cashless-only establishments, with exceptions such as unattended fuel pumps, card security deposits, and businesses that convert cash to a no-fee prepaid card for on-site use. Dernel argued the bill protects seniors, veterans, children, and unbanked or underbanked consumers who may be excluded by cashless policies, and said cash is legal tender and important for privacy and access. She also said she would remove an outdated subsection referencing banks or credit unions. Members raised concerns about whether the bill improperly limits business discretion, whether cashless policies can improve safety and reduce costs, and whether the bill’s definitions were too broad or unclear. Questions focused on what counts as a “retail establishment,” whether the bill would apply to schools, doctors, apps, and event venues, and who would be liable for violations. One member noted possible conflict with existing Missouri law on legal tender and suggested the bill may need clearer definitions and revisions. Testimony was mixed. The Missouri Petroleum and Convenience Association supported the bill, saying cashless trends and credit card fees hurt gas stations and convenience stores, though they asked for practical exceptions. The Missouri Chamber of Commerce and Industry opposed the bill, arguing businesses should decide their own payment policies, especially for safety and operational reasons, and objected to the proposed Class D misdemeanor penalty, which they said is harsher than penalties in other states. Additional witnesses from consumer and advocacy groups spoke in favor, emphasizing consumer choice and the continued need for cash. No final vote was taken in the hearing.