Transcript Highlights:

• Financial aid delays don’t just affect our finances.
• Financial aid don't Thank you.
• Financial aid delays don't just affect our finances.
• Reporting that marginalized populations face the most burden from financial aid delays, these disruptions
• He's relied on financial aid and instructor earnings, so taking time away meant even greater financial

Committee: House Higher Education

Transcript Highlights:

• statements and federal expenditure reports If they fail to submit complete financial statements and
• Basically, everybody who's late in doing their financial reports gets penalized in some way, and so hopefully
• this will give a little bit of desire and impetus to be able to get those financial reports in on time
• . ...behind in submitting their financial reports.
• this will give a little bit of desire and impetus to be able to get those financial reports in on time

Summary: The meeting covered a large number of bills and resolutions across education, federalism, government, health, commerce, and judiciary-related topics. In education, members heard bills on moving the statewide testing window later, allowing paper-based testing in more cases, posting school administrator compensation data, expanding who may receive student directory information, reviewing duplicative ADE reporting requirements, requiring religious excusals, creating a school fitness recognition program, and a proposed ballot measure on sex-designated school sports and private spaces. In federalism, the committee discussed banning foreign nationals from funding ballot-measure committees and a proposal to eliminate voting centers and return to precinct-based voting. Other items included memorials urging the U.S. to withdraw from the United Nations and the IMF, and a government bill penalizing agencies that fail to submit financial reports on time. Health and human services bills focused on lactation care, a state certification program for lactation providers, prohibiting gender transition procedures for minors, requiring chief medical officers at state agencies to hold active licenses, clarifying air ambulance statutes, seeking a SNAP waiver to restrict non-eligible food purchases, and collecting hospital patient immigration-status data for reporting. Sponsors generally framed these as consumer protection, public health, or administrative cleanup measures, while some members raised concerns about cost, privacy, and possible legal conflicts. In commerce, the committee heard bills on digital goods disclosure, protections for child content creators, liability limits for river outfitters, landlord utility billing transparency, appraisal management company definitions, unemployment eligibility verification, and association-based health plans. Several measures were pulled from consent or flagged for amendments. The judiciary portion included bills creating a civil cause of action for violations of anti-DEI laws, expanding hate-crime-style penalties to include political affiliation and expression, adding reporting requirements for name changes by sex offenders, penalizing possession of falsified commercial driver’s licenses by unlawfully present individuals, adding penalties for mailing abortion-inducing drugs, allowing speed-limiting devices as an alternative to license suspension, extending inmate transition services, increasing penalties for sexual extortion involving older teens, requiring legislative approval to close state shooting ranges, and advancing an Article V convention resolution for congressional term limits. Several sponsors emphasized public safety, parental rights, election integrity, or government accountability, while some members raised constitutional or implementation concerns, particularly on liability, voting systems, and the term-limits resolution. Multiple bills were reported as being on consent calendars, with some pulled for amendments or further discussion.

Transcript Highlights:

• Chair, yes sir, I move for a favorable report.
• Alright, SB281 receives a favorable report, 10 to 0.
• Alright, SB281 receives a favorable report, 10 to 0.
• Financial institutions created maps with certain neighborhoods marked in red.
• system keeping Alabama's financial system strong, growing, and viable.

Committee: Senate Banking and Insurance

Transcript Highlights:

• And those elements might not be financially viable.
• And those elements might not be financially viable.
• So what you see here is a summary of the major takeaways in the report.
• Commission in their annual reports, unlike other energy companies.
• The upshot of the report is that that outlier status needs to change.

Committee: Senate Environmental Quality

Transcript Highlights:

• </c><00:02:44.120><c> and</c> have ignored Common Sense reports and have ignored Common Sense reports
• </c><00:02:57.959><c> fraud</c> must report fraud must report fraud if<00:03:00.360><c> an</c><00:03:
• </c> Grants and determining Financial Grants and determining Financial stability<00:03:53.680><c> the
• the financial stability of stability the financial stability of organizations<00:03:55.560><c> so</c>
• </c> and that they are uh financially and that they are uh financially responsible<00:04:03.920><c> and

Committee: House State Government Finance and Policy

Transcript Highlights:

• But at the end of my very first meeting with a farm financial adviser at my farm, I felt a huge sense
• I can't imagine not having an FBM instructor to help me evaluate my financial standing and also stay
• </c><00:04:23.400><c> adviser</c> meeting um with a farm financial adviser meeting um with a farm financial
• situations and was unfazed by Financial situations and was unfazed by my<00:04:40.880><c> operation<
• to get a report on the previous funding and how that has been, you know, depending on the farmers.

Transcript Highlights:

• House Bill 204 by Representative McMakin provides for monthly financial reports to the Louisiana Legislative
• They currently give the reports to the legislative auditor, and they report to the Office of Elderly
• And financials, correct? About your financial statement. We don't post our bank statements online.
• And so the latest financial report I see is from January of 2026.
• I would like to report the bill and move that we report the bill as amended.

Summary: The committee first considered HB 431, which would require annual training for municipal mayors. After adopting a technical amendment adding municipal retirement systems to the training categories, members heard testimony from the bill author and Louisiana Municipal Association (LMA) officials that the measure would require 16 hours of annual training, count existing ethics/harassment/cybersecurity requirements toward that total, allow online and in-person options, and impose no penalty other than public audit disclosure of compliance. The bill was favorably reported. Members then heard HB 150, authorizing Cameron Parish to create a local insurance program to help residents recover and repopulate after hurricanes without state funding. Testimony emphasized that the program would be locally funded and likely function as a subsidy or premium offset rather than a standalone insurer. The bill was favorably reported. HB 822, dealing with nonprofit entities appointing members to certain economic development district boards, was also favorably reported after discussion of an amendment to set a two-year forfeiture period for noncompliant nonprofits. The committee then took up HB 204, which would require monthly financial reports from certain East Baton Rouge Parish agencies to the Legislative Auditor. After an amendment removing the Council on Aging, testimony from CATS, BREC, and the auditor focused on whether the information was already public, the burden of monthly bank-statement reporting, and whether bank statements would expose sensitive information. Members ultimately agreed to voluntarily defer the bill for further work. The committee also favorably reported HB 136 on Harahan classified police hiring, HB 376 extending provisional appointment timeframes in civil service, HB 377 changing pay-range rules for the State Examiner and Deputy Examiner, HB 450 clarifying veterans’ points in fire and police civil service exams, HB 273 repealing a duplicate local tax statute, HB 1068 on garbage collection contract terms, and HB 864 allowing New Orleans to establish fire limits in certain state-right-of-way areas to address bridge fires. The transcript ends as HB 444 on adding commissioners to the East Baton Rouge Recreation and Park Commission was being introduced.

Transcript Highlights:

• What are these reports saying? What's the big... What are these reports saying?
• Also, campus financial aid offices package multiple types of financial aid awards for students.
• Also, campus financial aid offices package multiple types of financial aid awards for students.
• What's going on with the report?
• Okay, I'll start with the reports.

Summary: The subcommittee held an informational budget hearing covering several GovOps, CDT, CPPA, and DGS items. GovOps reported that most deliverables under the Governor’s generative AI executive order have been completed, including guidelines, procurement tools, community-impact guidance, and a new project delivery lifecycle for Gen AI projects; one workforce-related deliverable remains. Members and public commenters raised concerns about privacy, labor impacts, and how the state will explain and oversee Gen AI use. The committee also heard a proposal to create a California Education Interagency Council with $5 million ongoing and 16 positions to coordinate workforce and education systems; LAO questioned duplication and recommended limited-term funding, while supporters said a neutral convening body is needed to improve coordination and student outcomes. GoServe presented the College Corps budget proposals, describing the program as a paid service and career-development opportunity for undergraduate students that helps reduce college costs while supporting communities through tutoring, food insecurity work, climate and disaster response, and other service. The administration sought one-time and ongoing funding to expand the program to more campuses and students, while LAO objected to the high administrative costs and recommended rejection. Several students and alumni testified that College Corps provided financial support, professional experience, and career pathways. The committee also heard a $5 million proposal for a Belonging Campaign to address loneliness and social isolation through research, outreach, and local grants; LAO said the proposal lacked clear goals and measures, while supporters said the effort is needed for youth, seniors, and community resilience. The Department of Technology updated the Middle Mile Broadband Initiative, saying construction is underway on the statewide open-access network and the project remains on track for the 2026 deadline, though LAO noted a required business plan had not yet been submitted. The California Privacy Protection Agency presented its Delete Act implementation request for the DROP platform, which will let consumers request deletion of personal information held by data brokers; LAO flagged oversight concerns because CDT is both developing the system and involved in project support. Public commenters from business groups urged caution on CPPA’s rulemakings, warning of compliance costs and job impacts. The Department of General Services then discussed implementation of Proposition 2 school facilities bonds, requesting staffing and administrative funding to manage the new bond program and continue school facility work. Officials said the program can also help districts affected by the January wildfires, including interim site funding and expedited assistance. Finally, DGS requested authority and positions to operate Building 18 for labor-agency tenants relocating from older Capitol Mall space; SEIU Local 1000 criticized the state’s four-day return-to-office policy and said telework has improved productivity and retention. No formal votes were taken; the hearing concluded after public testimony and member questions on each item.

Transcript Highlights:

• We also developed a reporting mechanism to support CareerSource Florida's data collection and reporting
• Language or limited English proficiency was another barrier reported.
• know, employment data we might have, or is this also a self-reported number?
• So there's no form of regular reporting by the family to have to report, let's say, electronics, since
• So there's no form of regular reporting by the family to have to report, let's say, electronics, since

Summary: The Human Services Subcommittee met to receive implementation briefings on House Bill 1267, which was enacted to address benefit cliffs and help public assistance recipients move toward economic self-sufficiency. The Department of Children and Families reviewed SNAP, Temporary Cash Assistance (TCA), and Medicaid-related eligibility and work requirements, including who must participate in work activities, the role of Florida Commerce and CareerSource Florida, and the new standardized intake and exit surveys required by the law. Members also discussed the TCA program’s household-based structure, the 48-month adult limit, and how work requirements differ for SNAP and TCA participants. Florida Commerce and CareerSource Florida then reported on implementation of HB 1267, including the CLIFF financial forecasting tool, case management changes, and survey data collected from welfare transition participants. They said intake surveys showed common barriers such as child care, transportation, and flexible work schedules, while exit surveys showed many participants were employed or had gained credentials, though response rates were low because the surveys are voluntary. A local workforce board, CareerSource Tampa Bay, described using CLIFF in case management and shared a success story about a participant who completed training, earned certifications, and moved into employment. The committee also heard a separate DCF briefing on the federal One Big Beautiful Bill Act and its impact on SNAP. DCF said the law expands able-bodied adult without dependents requirements, changes non-citizen eligibility, ends future SNAP-Ed funding, increases state administrative cost sharing, and may require states to share in benefit costs if payment error rates remain above federal thresholds. Members focused heavily on Florida’s SNAP payment error rate, which DCF said was 15.13% for federal fiscal year 2024 and 12.60% for 2023, with the state currently on a corrective action plan. DCF described steps to reduce errors, including more verification of rent and utility expenses, improved income matching, staff training, and system modernization. No votes were taken, and the meeting adjourned after questions concluded.

Transcript Highlights:

• Yes, and by your vote, CS for SB 834 is reported favorably.
• Deleting reporting requirement, Senator Gruters. Okay.
• By your vote, CS for SB 1028 is reported favorably.
• And by your vote, Senate Bill 394 is reported favorably.
• Yes, and by our vote, CS for SB 540 is reported favorably.

Committee: Senate Banking and Insurance

Transcript Highlights:

• ><c> Vermont</c> The financial pressures of Vermont The financial pressures of Vermont hospitals<00:09
• </c> under a bill with no defined financial under a bill with no defined financial boundaries?
• Miguel Li report.
• </c> report from the committee of conference. report from the committee of conference.
• The report is due on cooperatives.

Transcript Highlights:

• By your vote, CS for SB 18 is reported favorably.
• late-filed financial disclosure.
• If, number one, the reporting individual filed his or her financial disclosure late, but before the maximum
• Number one, the reporting individual filed his or her financial disclosure late, but before the maximum
• a financial disclosure.

Committee: Senate Community Affairs

Summary: The committee heard and approved several bills on water quality, public safety, utilities, and transparency. CS/SB 848 on stormwater treatment and water quality enhancement areas was presented as a follow-up to prior water quality legislation and was reported favorably with no opposition. SB 28, a claim bill for Reginald Jackson against the City of Lakeland, was also reported favorably. CS/CS/SB 658, a bipartisan child drowning prevention bill for rental properties, drew extensive testimony from child advocacy, drowning prevention, and autism advocates who described Florida’s high child drowning rates and supported requiring at least one pool or water-safety feature at short- and long-term rentals; the committee adopted two amendments, including one requiring license applicants to certify compliance, and the bill was reported favorably. The committee also approved CS/SB 1724 on municipal utility services, which addresses outside-city utility service agreements, revenue use, rate limits, and customer meetings; an amendment added gas utilities back into the bill. CS/SB 934 on Florida Keys areas of critical state concern was amended to remove a section viewed as conflicting with the Live Local Act and then reported favorably. SB 1622, creating a one-time waiver for certain late-filed financial disclosure fines, was supported by speakers and reported favorably. CS/CS/SB 260 on electric vehicle storage at towing facilities was amended to focus on storage only and to limit the extra fee period until inspection clears fire risk; the bill drew mixed testimony from insurers, towing-related interests, and fire officials, but was reported favorably. Later, SB 1264 on private schools was presented as easing zoning and occupancy barriers for small schools and microschools, with supporters saying it would help meet demand for school choice; members raised concerns about local implementation, but the bill was reported favorably. CS/CS/SB 1014 on municipal utility service to properties outside city limits was amended to apply only to residential properties and to clarify capacity and annexation-related exceptions; it was supported by local-government and environmental testimony and reported favorably. CS/SB 1102, expanding the local government infrastructure surtax to include body camera costs, was amended so any use would require a new referendum and was reported favorably. Finally, SB 1566 on local government spending and transparency required online posting of budgets and related information, drew testimony from counties, cities, and transparency advocates about costs and uniform templates, and was reported favorably after amendment, with several senators noting concerns for smaller local governments while supporting the transparency goal.

Transcript Highlights:

• I think there have been financial institutions operating...
• I think there have been financial institutions operating.
• Yeah, they're financial institutions.
• The financial literacy learning experience, okay, one of the things you might need to do with financial
• In a 2025 hiring report, the U.S.

Committee: House Education

Summary: The House Education Committee met on March 18, 2026, with 11 members present and adopted prior meeting minutes without objection. The committee first heard HB 649 by Rep. Brass, which would create a statewide common application portal for dual enrollment. Supporters from the Pelican Institute and the Board of Regents said the bill would simplify enrollment, reduce paperwork for counselors and families, and improve awareness of dual enrollment options. Members asked about nonparticipation by institutions and access for nontraditional students; the bill was reported favorably without objection. The committee then took up HB 807 by Rep. Brass, which would establish the Workforce Instructor Capacity Investment Program within LCTCS to help recruit and retain instructors for high-demand workforce programs. Testimony from River Parishes Community College, Dow, and the Louisiana Chemical Association described instructor shortages as a bottleneck for training workers for major industrial projects, and said employer-sharing models and apprenticeships have been successful. An amendment expanded eligibility to include LSU Eunice and Southern University at Shreveport, and the committee adopted the amendments. After debate about whether the state needed a new fund versus using existing systems, the bill was reported favorably by a 13-1 roll call vote. Next, the committee heard HB 285 by Chairman Bacala, which authorizes school boards to cooperate with banks and credit unions to operate branches in high schools as part of financial literacy programs. Bacala said the bill clarifies statutory authority, and an amendment added banks to the original credit union language. Members discussed ethics, exclusivity, student access, and whether the branches could market products; supporters from LABI and financial industry groups said the programs improve hands-on financial education. The bill was reported with amendments without objection. The committee also considered HB 28 by Rep. Owen, which adds a BESE-level appeal for certain teacher certification applicants affected by administrative or contractor errors. Owen described a case in which applicants paid for certification programs but were denied because of a mentor-signature issue, and said the amendment would require BESE or its designee to act within 30 days. Department of Education staff said the Teacher Certification Appeals Council had already granted extensions rather than outright denials in the affected cases, but the committee advanced the bill after a 9-4 roll call vote. Finally, the committee began HB 268 by Rep. Carver, which would strengthen career exposure requirements for students by tying activities more closely to high-wage, high-demand jobs and adding an annual exposure requirement in K-5; testimony emphasized early workforce awareness, and discussion focused on keeping the requirements manageable for schools.

Transcript Highlights:

• You know, when we had the Home Care Licensure Commission and, you know, the report, it reported on everything
• if there are majority and minority reports, or we report if there were disagreements and what the disagreements
• I think it's unreasonable for us not to report.
• After the commission issues this report.
• We've already made our reports.

Summary: The commission met to review its draft final report on continuing care retirement communities (CCRCs), with most of the discussion focused on whether recommendations required unanimous consensus and how to handle disagreements in the report. Members agreed that consensus meant no stated opposition, and several participants argued that unresolved issues should still be described in the report rather than omitted. The chairs said the report would include agreed-upon recommendations, note areas without consensus, and preserve written comments or dissent letters submitted by members. The draft report’s findings and slides were reviewed charge by charge, including CCRC definitions, financial condition, entrance fee refunds, regulatory oversight, advertising practices, and closure/change-of-ownership procedures. Members suggested several factual and wording edits, including clarifying financial data sources, correcting a presenter’s name, refining language about entrance fee use and refund timing, and revising statements about Attorney General authority and CCRC advertising. There was also discussion about the need to distinguish nonprofit and for-profit CCRCs and to better explain how different care levels and licensing structures are described. On recommendations, the commission kept the proposal to advance the disclosure bill (S. 478) and update the consumer guide, but removed a recommendation for annual open board meetings after objections that it was inadequate. The group spent considerable time debating whether to recommend resident representation on CCRC boards, timely refund requirements for entrance fees, and possible state registration or definition changes for CCRCs, but no consensus was reached on those items. The chairs said the final report would be completed by the statutory August 1 deadline, with final written comments due before then and the report and meeting materials posted on the legislature website.

Transcript Highlights:

• Without rules, financial products can be abused.
• Arizona workers deserve tools that support financial stability, not systems that could deepen financial
• Carter, it changes some data reporting requirements.
• This is just requiring reporting requirements.
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.

Committee: House House Commerce Committee of Reference

Summary: The House Commerce Committee heard House Bill 2181, which would extend the deadline for funeral establishments or responsible individuals to complete and submit death certificates. The committee adopted an amendment reducing the maximum extension to 14 days and clarifying that the medical certification deadline for health care providers excludes weekends and holidays. Testimony from a mortuary owner and the sponsor described delays caused by doctors’ schedules, county processing, holidays, and families needing more time; some members argued the bill did not address the underlying accountability problems for doctors and counties, while others supported the added flexibility. HB 2181 was approved 6-4-1 with a due pass recommendation. The committee then heard House Bill 2682, which creates a DES rental assistance program providing up to two months or $5,000 in aid and appropriates $5 million from the general fund for administration. Supporters said the bill would help families facing short-term crises stay housed, reduce evictions, and serve as a preventive measure that could save money downstream; a constituent testified in Spanish about receiving emergency rental help after falling behind. Some members raised concerns about the program’s cost, the limited target population, and whether seniors should be included, while others supported it as a pilot and asked for possible amendments. HB 2682 passed 7-4. House Bill 2698, which creates a rental assistance study committee to evaluate the effectiveness of such programs and repeals the committee in 2028, was heard next and passed on a 7-4 vote. The committee then considered House Bill 2476, revising CPA certification and reciprocity requirements by creating multiple pathways to licensure and updating related rules and fees. Supporters said the bill would help address a CPA workforce shortage and align Arizona with other states; after questions about whether the bill made licensure harder or easier, the committee unanimously approved HB 2476, 11-0. Finally, the committee began House Bill 2308, which would bar dental insurers and certain holding companies from owning dental practices. The sponsor and Arizona Dental Association argued the bill would prevent conflicts of interest and preserve separation between payers and providers, while Delta Dental opposed the measure as overbroad and potentially burdensome for nonprofit insurers and investors. After discussion about private equity, nonprofit charity care, and vertical integration, the bill was approved 8-0 with three members present. The committee then started House Bill 2118 on mobile food vendors, with the sponsor and food truck operators arguing it would streamline duplicate local permitting, while cities and some vendors opposed it as a loss of local oversight and control; testimony continued, but no final action on HB 2118 appears in the excerpt.

Transcript Highlights:

• The report is due in September of 2029.
• to expand and protect financial aid to make college affordable.
• with reports.
• It's to maintain their financial aid package.
• Are we anticipating increasing financial aid to cover for that difference? No.

Summary: The committee heard the May Revision presentation for the Assembly Budget Subcommittee on Education Finance, with public comment focused heavily on K-12 priorities such as universal school meals, kitchen infrastructure, food service and custodial support, youth leadership grants, Special Olympics funding, English learner support, universal pre-K, literacy investments, and concerns about community college funding shifts. Speakers also urged support for expanded learning, teacher recruitment and training, and maintaining or increasing funding for community colleges and student support programs. Finance and the LAO then reviewed the Proposition 98 outlook. Finance said the May Revision lowers the 2025-26 Prop. 98 guarantee to $114.6 billion, about $4.3 billion below January, due mainly to lower revenue estimates, with smaller effects from attendance and property tax changes. The administration also described rebenching for universal transitional kindergarten and a one-time rebench tied to Los Angeles fire-related property tax losses, along with changes to the Public School System Stabilization Account, deferrals, and updated COLA assumptions. The LAO said the budget relies too much on deferrals and one-time funds, creates a structural shortfall, and should instead align ongoing spending with the guarantee and preserve a reserve buffer. Members questioned the TK rebench and the shift of funding from community colleges to K-12, asking why it was being applied retroactively and how colleges would be held harmless. Finance said the changes align funding with where TK costs are being incurred and that reappropriation funding and other adjustments would offset impacts on community colleges. The LAO argued the historical split formula is outdated and should be abandoned in favor of budgeting around current priorities rather than fixed percentages. Members also raised concerns about draining the rainy day reserve and using deferrals, while the LAO said preserving reserves would better protect against future volatility. The committee then moved to specific K-12 and education proposals. Finance outlined May Revision changes including state operations adjustments for the Department of Education, technical trailer bill changes, a $100 million student teacher stipend program administered by Kern County, and updates to the charter school facility grant program. The LAO recommended rejecting the proposed increases for expanded learning, literacy coaches, and the student teacher stipend as currently structured, while supporting the minimum grant increase for expanded learning. Members expressed support for teacher recruitment efforts but questioned whether one-time funding can sustain ongoing programs and whether the student teacher stipend should be targeted to shortage areas or low-income communities.

Transcript Highlights:

• There's reporting that must happen, so there's a lot of accountability there.
• I believe they have a last report at our conference.
• We then leverage that through 91 financial institutions in the state.
• But then the gap net income reported is $231 over $200.
• That way you don't have to have a separate report for each division.

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:

• This is just a snippet from the report that this board puts out, and so if you had the report you'd be
• Our report also includes a question-and-answers section.
• On the same page of the report... ...page 17 of the Auditor General report, you'll note that in FY 24
• The financial side, as I said, all grants within the Department of Education—financial risk auditing—is
• The financial side, as I said, all grants within the Department of Education—financial risk auditing—is

Committee: Senate Senate Education Committee of Reference

Transcript Highlights:

• At the time we released this report, we had also done eight financial or internal audit control reports
• </c><00:34:08.159><c> their</c> Financial reports or Anna reports their Financial reports or Anna reports
• their</c> financials their annual reports their financials their annual reports their IRS<00:35:27.720
• </c> reports and and some of your reports reports and and some of your reports that<00:42:47.800><c>
• report it's progress report did that's a report it's progress report but<01:18:56.159><c> I</c><01:18

Transcript Highlights:

• 58.240><c> in</c><00:06:58.479><c> the</c> Residents have reported waiting in the Residents have reported
• </c> include drastic staffing cuts, financial include drastic staffing cuts, financial engineering<00
• </c> and minimizing external financial and minimizing external financial interest<01:19:44.960><c> in
• </c> financial viability of nursing homes. financial viability of nursing homes.
• </c> I don't know if in this research report I don't know if in this research report we<01:26:11.199>

Committees: Senate Health and Human Services , Senate Human Services