Video & Transcript Research : 'contract rescission'

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MO

Missouri 2026 Regular Session

Commerce Mar 25th, 2026

Commerce, Consumer Protection, Energy and the Environment

Transcript Highlights:
  • Does this contemplate rescission?
  • I just, the rescission part, being able to unwind a contract if the seller finds out they were effectively
  • It's an assignable contract.
  • They are assignable contracts.
  • Is that the way these contracts? Or to be a valid contract. There would have to be consideration.
Summary: The Commerce Committee met with a quorum, then moved into executive session and took up three House bills. House Bill 3027 was approved do pass on an 8-0 vote. House Bill 3490, dealing with local historic preservation and colleges/universities, was amended with a House committee substitute that broadened the bill from Kansas City-specific language to apply to public and private colleges and universities and allow them to opt in or out of local historic commission regulations; the substitute was adopted and the bill was reported do pass by a 6-2 vote. House Bill 3316, which included Department of Revenue cleanup changes on vehicle registration, temporary plates, boats/trailers, and lien notice language, was amended and then approved unanimously 8-0. The committee then held a public hearing on Senate Bill 973, a consumer-protection bill by Sen. Curtis Trent addressing real estate wholesaling and sale-leaseback transactions. Trent said the bill requires written disclosures so sellers understand wholesalers are not acting as fiduciaries and may not be maximizing the seller’s price, and that the sale-leaseback provisions serve the same purpose. Committee members asked about how wholesaling works, whether wholesalers are licensed, and whether the bill should include rescission or other protections if disclosures are faulty. Testimony was mixed but generally supportive of the disclosure concept. A Missouri Realtors representative supported the bill’s intent but objected to the 14-day waiting period before a transaction can proceed, arguing it could harm distressed sellers facing foreclosure or tax sale deadlines and suggesting the waiting period be waivable if a licensed Missouri real estate agent is involved. Other members and the sponsor emphasized that the waiting period is meant to give sellers time to seek advice and discover defects, and that the bill is intended to curb predatory practices without creating new licensing barriers. The hearing concluded without a vote, and the committee adjourned after hearing the bill.
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee Jul 1st, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • So you got reconciliation and then rescissions, and we see rescissions are going to be an issue that
  • I mentioned rescissions and another name.
  • Again, rescissions and all.
  • Similar to what I mentioned about empowerment, it's a rescission under a 1974 law.
  • So I put what is next in the rescission aspect.
CA
Transcript Highlights:
  • The rescission bill was unfortunately signed into law in July, and funding to CPB, which was allocated
  • With contraction of local newspapers, there has been significant reduction in the LA Times, the Orange
  • KVPR lost $192,000 in CPB Community Service Grant funding with the rescission in August.
  • KVPR lost $192,000 in CPB Community Service Grant funding with the rescission in August.
  • We immediately implemented the first two steps as soon as rescission passed.
Summary: The hearing focused on the impact of the federal rescission of Corporation for Public Broadcasting funding on California public media, with Assemblymember Chris Ward and Senator Akilah Weber Pierson framing public media as essential civic infrastructure for education, local news, arts, emergency alerts, and underserved communities. Local officials from San Diego and La Mesa voiced support, emphasizing public media’s role in trusted information, children’s programming, and community arts access. Panelists from PBS SoCal, KCRW, Rebuild Local News, NPR, KPBS, Radio Bilingüe, and KVPR described significant budget losses, layoffs, reduced programming, and threats to rural and specialized services. They highlighted impacts on children’s educational content, local journalism, arts coverage, science and documentary production, and emergency alert systems. Several speakers noted that smaller stations in rural or low-broadband areas are especially vulnerable, while larger stations are also cutting staff and delaying projects. They also discussed possible responses such as shared services, cost reductions, philanthropy, and state support, while warning that one-time bridge funding is not a long-term fix. Committee members asked about operational changes, alternative revenue sources, the role of state programs, and whether public pressure could restore federal funding. Witnesses said the loss is already being felt, that restoration appears unlikely in the near term, and that any state support should be structured to protect editorial independence and provide stable, timely funding. The hearing concluded with a shift to labor and production testimony and then to station-specific testimony from KPBS, Radio Bilingüe, and KVPR, followed by public comment.
OK

Oklahoma 2026 Regular Session

Government Oversight Feb 26th, 2026

Government Oversight

Summary: The committee opened with prayer and then took up several bills, beginning with HB 3057, a government efficiency cleanup measure that removes more than 50 obsolete statutory report requirements. A member raised a concern that the bill might inadvertently remove language related to a child abuse response team, and the sponsor said that would be corrected before floor consideration. HB 3057 was then approved 14-0 and sent to the floor. Members then debated HB 313, which prohibits state funds from being used for gender reassignment surgeries. The sponsor said the bill is intended to ensure taxpayer dollars are not used for such procedures, while opponents argued it goes beyond funding restrictions and could affect adults, referrals, private conversations, and medical judgment. Supporters framed it as protecting children and public funds. After debate, the bill passed 16-3. The committee also approved HB 4113, clarifying that people with felony convictions regain voting rights after completing incarceration, parole, supervision, and probation, and HB 3310, the Agency Accountability and Budget Transparency Act, both by 15-0 votes. The committee next considered HB 3314, a county-option marijuana public safety impact fee allowing a 15% tax on retail marijuana sales. Questions focused on the 5% petition threshold and who should initiate the tax request, and the sponsor said he was open to changes. The bill passed 12-3. Members then debated HB 3985, which would create a private cause of action against certain large municipalities, mainly in the two largest metro areas, for failing to enforce laws related to issues such as camping, loitering, and panhandling. Opponents said it intrudes on municipal home rule and could raise constitutional issues; supporters said it would encourage cities to enforce their own laws. It also passed 12-3. Finally, the committee approved HB 4486, authorizing a Gold Star Family Memorial Monument funded by the Woody Williams Foundation, after discussion about how it fits with existing veterans memorials at the Capitol. The bill passed 14-0. The chair announced the committee would meet again on Tuesday and then adjourned.
AL

Alabama 2025 Regular Session

Alabama House Health Committee Apr 23rd, 2025

Health

Transcript Highlights:
  • amendment to where they would like it to start at a later date because a lot of their foods have been on contract
  • And, since we do our budgets so early and do so much purchasing, our contracts for next year are set.
  • We just want to make sure there's no prohibition in their contracts to talk freely about the other options
Bills: SB87, HB491, SB43, SB101
TX

Texas 89th Regular

Criminal Jurisprudence Mar 18th, 2025

Criminal Jurisprudence

Transcript Highlights:
  • where the bondsman requires EPS monitoring if they feel like it's a great risk, that's part of their contract
  • And so anything that the state can require for monitoring, usually the bond company in a contract depending
  • They're going to have to start contracting out for people to come down there.
  • The county would probably contract with them, particularly on weekends, to do that. That's my spec.
  • In most instances, particularly on weekends, they will try to contract with the justice of the peace.
KY

Kentucky 2026 Regular Session

Senate Standing Committee on Banking and Insurance. (3-24-26)

Banking & Insurance

Transcript Highlights:
  • </c> the rescission period. the rescission period.
  • that</c><00:12:44.560><c> the</c> contracts were dictating that the contracts were dictating that the
  • </c> to deal with a contract dispute. to deal with a contract dispute.
  • </c> signatures on a public adjuster contract signatures on a public adjuster contract so<00:13:13.040
  • </c> uh in the space backdate contracts uh in the space backdate contracts uh<00:14:03.160><c> to</c>
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, June 11, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • I urge my colleagues to reject this rescission package. Mr.
  • </c><02:09:02.880><c> and</c> in the era of NIL and big contracts and in the era of NIL and big contracts
  • This rescission package is the lock box.
  • This rescissions package is part of achieving that end.
  • This rescissions package is part of achieving that end.
MO

Missouri 2026 Regular Session

Commerce Mar 25th, 2026 at 08:00 am

Commerce

Transcript Highlights:
  • Does this contemplate rescission?
  • I just, the rescission part, being able to unwind a contract if the seller finds out they were effectively
  • It's an assignable contract.
  • They are assignable contracts.
  • Is that the way these contracts?
Keywords: 959, house, all
Summary: The Commerce Committee met in executive session and voted do pass House Bill 3027 by an 8-0 vote. It then considered House Bill 3490, a local historic preservation measure. Members discussed a House committee substitute that broadened the bill from Kansas City-specific language to apply to public and private colleges and universities, while allowing those institutions to opt in or out of local historic commission regulations. Supporters emphasized property rights and flexibility for universities; opponents raised concerns about preempting local control and ongoing local negotiations. The substitute was adopted, and the committee voted the substitute do pass by 6-2. The committee next took up House Bill 3316, which included Department of Revenue cleanup language related to vehicle registration, temporary plates, boats and trailers, and lien notices. Members described the changes as clarifying documentation requirements and temporary plate display rules. After adopting House Committee Amendment .01H and rolling it into a substitute, the committee voted the House committee substitute do pass unanimously, 8-0. In public hearing, the committee heard Senate Bill 973 from Senator Curtis Trent, a consumer protection bill requiring disclosures in real estate wholesaling and sale-leaseback transactions. Trent said the bill is intended to ensure sellers understand that wholesalers do not represent them or owe them fiduciary duties, and that they may be able to obtain a better price elsewhere. Testimony from real estate professionals supported the disclosure concept but raised concerns about the bill’s 14-day waiting period, arguing it could harm distressed sellers facing foreclosure or tax sales; several members debated whether the waiting period should be waivable. Other members supported the bill as a way to protect consumers from bad actors. No final action was taken on SB 973 before the committee adjourned.
TX

Texas 89th Regular

Senate Session Mar 12th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Relaying the procedure by which the Attorney General approves or denies approval of a state agency contract
  • Senate Bill 992. by which the Attorney General approves or denies approval of a state agency contract
  • waiver for one year if they are not able to comply and limits one automatic waiver per five-year contract
  • school district may receive a waiver, but no longer requires an automatic acceptance by TEA once per contract
FL

Florida 2025 Regular Session

Senate in Session Mar 12th, 2025

Florida Senate Floor Meeting

Transcript Highlights:
  • those who are on Medicaid, once they are assigned to the managed care plan, each of them has their contract
  • The problem is that some of them have entered into a new contract as of February 1, and their question
  • is what happens to individuals who entered into a new contract.
  • very important we have Good providers are out there, and the services will be covered under the new contracts
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, June 12, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • Vote no against this reckless Republican rescissions package.
  • America's resources should always serve America's interests. 22 rescissions to wasteful ... "22 rescissions
  • My amendment would strike the PEPFAR rescission.
  • And I urge my colleagues to vote for this rescissions bill.
  • And I urge my colleagues to vote for this rescissions bill.
FL

Florida 2026 5th Special Session

Regulated Industries Mar 25th, 2025

Transcript Highlights:
  • Would it be something akin to... ...I'm assuming that you're thinking that a real estate contract would
  • You have a contract on a piece of real estate that you're probably going to have to close within 30,
  • Because if you're up against a hard deadline and you have a contract that you have to close within a
  • And extends the rescission period for non-developer disclosure to 15 days. Are there any questions?
  • period for non-developer disclosure to 15 days. and extends the rescission period for non-developer
Summary: The Committee on Regulated Industries met with a quorum and took up several bills, beginning with CS for SB 592, the My Safe Florida Condominium Pilot Program. The bill was explained as revising condominium eligibility and grant rules, lowering the approval threshold to 75%, changing roof project rules, capping reimbursement at $175,000 per association, and excluding detached units. Two amendments were adopted, including one clarifying the three-story threshold and another adding wind-driven rain mitigation devices for sliding glass doors as an eligible improvement. A late-filed amendment to appropriate $500 million for the program was adopted on a roll call vote, but the bill itself was then reported favorably. Testimony generally supported the program, with members noting strong demand and the need for more funding, though one amendment drew concern from a window manufacturer and some members about product approval and fairness. The committee then approved CS for SB 622 on pari-mutuel permit holders, which would allow certain facilities to be leased to Hialeah permit holders and other same-class permit holders, with an amendment making the lessee eligible to apply for, rather than automatically receive, a license for inter-track wagering or Hialeah games. CS for SB 1404 on illegal gambling was also reported favorably after amendments added a declaratory judgment process for veterans organizations, strengthened ethics/revolving-door restrictions for Gaming Commission personnel, and then withdrew a late amendment concerning a Miami casino property. Prosecutors and the Gaming Control Commission supported the bill as a tool to target criminal gambling operations, while amusement machine operators and veterans groups raised concerns about overbreadth and uncertainty for lawful operators. SB 604 on residential swimming pool requirements was temporarily postponed after questions about how the new sale/transfer disclosure and safety-feature requirement would work in practice, especially for cash transactions and whether home inspectors would be involved. SB 1682, adding 911 dispatchers to the definition of first responder, was reported favorably with support from dispatchers and members who emphasized the trauma and public safety role of telecommunicators. SB 818 on utility relocation and SB 1228 on spring restoration were both reported favorably, with counties opposing the utility bill as a cost shift to taxpayers and the spring bill drawing support from JEA. The committee also approved CS for SB 948 on flood disclosures for tenants and condo buyers, and CS for SB 1742, a major condominium and cooperative association reform bill that would adjust reserve funding rules, allow temporary reserve pauses after milestone inspections, require substitute budgets over a certain threshold, permit lines of credit in lieu of reserves through 2028, expand disclosure and data reporting, and add conflict-of-interest and governance changes. The condo bill drew extensive discussion and testimony, with supporters praising the flexibility and transparency provisions and some owners urging additional relief for inland, lower-rise buildings; it was ultimately reported favorably.
US
Transcript Highlights:
  • did some town halls throughout New Jersey and people were just asking me look he's got government contracts
  • We hope the administration will send us back a rescission package. It's a special vote.
  • All these things we can do, that's true, but there's also something called rescission that comes out
  • Senator, can I just quickly respond on on rescissions? The director has been very public.
  • Very clear. us at OMB, we will be sending a rescissions package, at least one, to Congress.
Summary: The committee convened to discuss the nominations of Scott Cooper for Director of the Office of Personnel Management and Eric Ulan for Deputy Director at the Office of Management and Budget. This meeting highlighted the critical roles both positions play in managing the federal workforce, which comprises over two million civilian employees. Concerns were raised regarding the current administration's approach to federal employment, citing issues like mass firings and the undermining of collective bargaining rights. Members expressed the need for better accountability and transparency within the federal system, emphasizing the importance of attracting talented public servants.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Oct 1st, 2025

House Appropriations & Finance

Transcript Highlights:
  • And then also recurring funding for important staffing, contracting, and other needs.
  • In addition to H.R. 1, the rescission package, the first rescission package, wherein the administration
  • Congress agreed with that and pulled back funding, so October 1, 2025, is when that rescission package
  • takes place. 1, 2025, is when that rescission package takes place, and that's where the public media
  • So, specifically on that, the rescission package pulled back.
HI

Hawaii 2026 Regular Session

CPN Public Hearing 03-18-2026

Commerce and Consumer Protection

Transcript Highlights:
  • Bill Gunnesson for Service Contract Industry Council with comments. on behalf of the Insurance Division
  • </c> Bill Gunnesson for Service Contract Bill Gunnesson for Service Contract Industry<00:02:15.320><c
  • My name is Bill Gunnesson and I'm an attorney with the Service Contract Industry Council.
  • The Service Contract Industry Council is a trade association that represents the national service contract
  • Service contracts, often referred to as protection plans, are offered on a wide range of products from
Summary: The committee heard several consumer-protection and insurance measures. HB 1511 HD2 would prohibit unsolicited mail or email using high-pressure tactics or falsely implying affiliation with another entity; it drew support from the Office of Consumer Protection, the DCCA Insurance Division, and the Service Contract Industry Council, with some written support and at least one opposition. HB 1535 HD2, concerning automated external defibrillators and a tax-related provision for devices installed in certain public accommodations, received comments from DOTAX and the Tax Foundation, with additional support from the Department of Health and other groups. HB 1642 HD1 would ban ownership or operation of digital financial asset transaction kiosks that accept U.S. currency; it was strongly supported by OCP, the Attorney General, and AARP, while kiosk operators and industry representatives opposed the ban and urged a regulatory approach instead, including licensing, transaction limits, refunds, and other safeguards. Members questioned whether federal action could preempt the bill and whether a licensure regime could be funded through a surcharge, but no action was taken during the discussion. The committee also took up HB 1753 on social media account deletion and permanent erasure of personal information, with OCP standing on its initial comments and TechNet and Will Caron in support. HB 1810 HD2 would impose prompt payment and financial reporting requirements on professional solicitors selling donated tangible property on behalf of charities; Goodwill Hawaii testified in strong support, emphasizing donor trust and transparency, and several nonprofit and business groups submitted supportive testimony. HB 2282 HD1, which would require explanations for premium increases and clarify insurance licensing and cancellation/non-renewal procedures, was supported by the Insurance Division and OCP; a vice chair asked for complaint data related to condo associations, and a member noted that the same agencies had previously opposed similar Senate bills. Finally, HB 2614 HD1 would require cosmetics merchants to accept returns of new or unopened goods within specified time frames and improve signage requirements; OCP said the bill addressed longstanding complaints about high-pressure sales tactics and no-return policies, citing over 180 complaints and survey results showing most complainants did not understand the policy and felt misled.
TX
Transcript Highlights:
  • Currently, an SSCC that decides to prematurely terminate a contract with DFPS may do so with only 60
  • Similarly, DFPS may opt to terminate a contract with an SSCC with a third... a 30-day notice.
  • The premature termination of an SSCC contract impacts children with active cases. placements and may
  • This increases the required notice period for contract termination between DFPS and SSCCs to 180 days
  • HHSC is required by law to contract with disinterested third parties. IDRs.