Transcript Highlights:

• So they can take them and distribute them as they need to do it. comments and there will be a lot of
• So they can take them and distribute them as they need to do it.
• providers like Bitco and others do have obviously off-chain ledgers as well.
• <01:06:32.960> although immutable on a public ledger although immutable on a public ledger
• we do have obviously off-chain ledgers we do have obviously off-chain ledgers as<01:06:37.280>

Keywords: 1189, house, all

Summary: The meeting began with roll call and introductions of commission members and guests, followed by approval of the agenda and a motion to approve the February 10 minutes with a correction clarifying that one quoted statement was misattributed. The commission then moved into presentations. The main presentation came from the Conference of State Bank Supervisors on implementation of the federal GENIUS Act for stablecoins. The speaker reviewed the OCC’s recent 367-page proposed rule, noting it raises many open questions and design choices for states, and discussed expected upcoming rulemaking from the FDIC, Federal Reserve, and Treasury. The presentation focused on six areas: permissible issuer activities, reserve assets and redemption, risk management and supervision, treatment of state-qualified issuers, capital/operational backstops, and foreign issuers. It also flagged unresolved issues around Bank Secrecy Act/AML requirements and the meaning of “digital asset service provider” activities. A substantial portion of the discussion addressed yield restrictions, with the presenter explaining the OCC’s broad definition of yield and its rebuttable presumption against issuer-affiliated or related third-party yield arrangements. The speaker said this likely forecloses many existing white-label structures but leaves some room for third-party payments depending on distance from the issuer, and noted ongoing Senate debate over similar provisions. The presentation also covered reserve valuation, liquidity and diversification requirements, redemption timing, and supervisory expectations such as third-party oversight, IT security, exam cycles, and reporting. No additional votes or formal actions were taken beyond approving the amended minutes.

Transcript Highlights:

• I don't know if any of you have ever viewed a general ledger. Probably not.
• Like, so if, when I think of a general ledger, I think of all the transactions that that association
• , I think of all the transactions ledger, I think of all the transactions that<01:04:58.640> that<
• And if you produce<01:05:00.640> a<01:05:00.799> general<01:05:01.119> ledger<01
• the public produce a general ledger to the public or<01:05:03.440> to<01:05:03.599> the

Bills: HB1697, HB1678, HB1679, HB2282, HB1940, HB1671, HB1481, HB2015, HB2207, HB2486

Keywords: natural hair braiding, registration, Barbering and Cosmetology Licensing Act, public health, sanitation, cumulative voting, associations, unit owners, board of directors, elections, Hawaii Revised Statutes, condominium, association meetings, electronic voting, proxy voting, mail voting, insurance, premium increase, policy cancellation, licensing

Summary: The committee heard testimony on HB 1697, which would exempt natural hair braiders from licensing requirements under certain conditions. The DCCA Board of Barbering and Cosmetology said it recognizes braiding as within the scope of cosmetology practice but warned that a broad exemption could create consumer protection gaps, especially around sanitation training, tool use, and enforcement. Supporters from the Institute for Justice and the Grassroots Institute of Hawaii argued the current licensing regime is overly burdensome and unrelated to braiding, citing the 1,250-hour training requirement, high tuition costs, barriers for low-income entrepreneurs, and the fact that many other states already exempt braiders. Committee members asked whether a standalone sanitation course or similar training could address the board’s concerns, and the board said it would bring that idea back for discussion. The committee also noted 16 written testimonies in support and 2 in opposition. The committee then took up HB 1678, relating to condominium and planned community association elections using cumulative voting. Supporters, including the Hawaii State Association of Parliamentarians, said the bill would clarify that cumulative voting applies to all candidates, including write-ins, and would help resolve confusion in association elections. One testifier urged the committee to remove proxy voting, calling it an abuse of power in some associations, while another asked whether cumulative voting and proxies could be manipulated to stack votes. In response, the parliamentarian explained that cumulative voting and proxy voting are different, that proxies simply allow someone to vote on another’s behalf, and that existing deadlines and counting procedures reduce opportunities for abuse. Testimony also emphasized that electronic or mail voting can be secure and efficient, and that the bill would make the process clearer and more democratic. Finally, the committee heard testimony on HB 1679, which would clarify an association board’s authority over electronic meetings, electronic voting, voting without a meeting, and mail voting without a meeting. Supporters said the measure would clean up statutory language, make electronic voting optional, and fix problems created by a 2024 change that made written-consent timing rules difficult to use for association actions. They also said the bill would clarify that proxies are only used at meetings, not for actions taken without a meeting. One opponent argued the bill needs further amendment because electronic voting is not well defined and could be abused, and questioned the neutrality of parliamentarians testifying on condominium bills. No votes were taken on any of the measures during the portion of the meeting provided.

Transcript Highlights:

• Payroll ledgers were not prepared. Details of salaries were not documented.
• And so we've corrected that to make sure that we have a garbage sale ledger that we've created.
• And so we've corrected that to make sure that we have a garbage sale ledger that we've created.
• You have a ledger that says we have $250,000 worth of money in the bank, and that's in your financial
• So if you've got a general fund CD and a street fund CD, as long as that ledger indicates general fund

Summary: The committee began with prayer and approval of the January 8 minutes, then received updates on delinquent private water and sewer reports. Staff reported that for the 2022 reports, 19 of 43 entities had had their turnback reinstated, while 24 remained in escrow; for the 2023 reports, 59 of 64 entities had filed, leaving five outstanding. The committee also filed a report on Adona, where staff said the city had made enough progress toward substantial compliance with municipal accounting laws to discontinue withholding turnback, and the committee adopted that recommendation. The bulk of the meeting focused on municipal accounting noncompliance cases. Gum Springs and Denning were presented with extensive repeat findings involving budgets not adopted by ordinance or resolution, missing or incomplete bank reconciliations, inadequate receipts and disbursement records, payroll issues, and improper handling of Act 833 funds or other city money. Both cities’ mayors and recorders-treasurers testified about efforts to correct records, obtain training, and work with the Municipal League; the committee voted to start the 60-day turnback-withholding clock for both and then filed the reports. Fargo was deferred because no city representative was present. Additional reports included Green Forest, Elaine, Strong, Brooklyn, Mineral Springs, Rondo, Waldo, Columbia County, and several private water and sewer entities. Strong drew significant concern over missing garbage-bag revenue, improper fund transfers, and deficit balances; the committee deferred that report to the March meeting. The committee also heard investigative or referred reports on the Faulkner County Fair Association, Brooklyn payroll direct-deposit fraud, and other entities with questionable disbursements or recordkeeping. In several cases, staff recommended filing the reports after responses were received; in others, the committee deferred action when responses were lacking or representatives were absent. The meeting ended with a motion to defer a Cross County Rural Water matter so the entity could appear at the next meeting.

Transcript Highlights:

• Uh, on page six we add a definition of distributed ledger technology protocol in this draft, just for
• Uh on page six we add a definition of<00:14:12.480> distributed<00:14:13.120> ledger<00
• :14:13.519> techn<00:14:14.079> protocol<00:14:15.040> in of distributed ledger
• techn protocol in of distributed ledger techn protocol in this<00:14:15.519> draft<00:14:16.160

Bills: SF0021, SF0022, SF0054, SF0055

Keywords: stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services

Transcript Highlights:

• Blockchains Act, which will direct the Commerce Department to support continued U.S. leadership in distributed
• ledger technology.

Transcript Highlights:

• This debt is not on the state's debt ledger; it's NTTA's debt.
• All without tax dollars and without adding debt to the state's debt ledger.
• House Bill 263 makes targeted updates to how our grant funds are distributed from the Transportation
• It adjusts the distribution formula to ensure more appropriate and responsive grant allocations under

Bills: HJR58, HJR63, HB263, HB542, HB905, HB 1288, HB1402, HB2003, HB2262, HB2323, HB2429, HB2876, HB3019, HB263

Keywords: healthcare, insurance, elderly, retirement, benefits, transit-oriented projects, constitutional amendment, state highway fund, funding allocation, voter approval, highway fund, funding, public transportation, transit projects, transportation, local transit, fund allocation, voting rights, election integrity, ballot access

Transcript Highlights:

• many other protections that protect exempt property, like proceeds from the sale of a homestead, distributions
• And so that's why it's distribution. Proceeds of exempt property.
• Ledger Bryant LLP.

Bills: HB1193, HB2495, HB2733, HB3104, HB3395, HB4325, SB3009

Keywords: HB 1193, informal marriage, common-law marriage, declaration of informal marriage, confidentiality, privacy, county clerk, vital statistics unit, Family Code, Health and Safety Code, marriage records, public records, personally identifying information, PII, legal representative, Texas marriage law, child enrollment, parent rights, managing conservator, education

Transcript Highlights:

• Looking at the graph on slide four, you can see that the relative distribution of the funds that the
• It's not on the books at all for the general fund ledger.
• <00:55:30.960> It's<00:55:31.359> completely general fund ledger.
• It's completely general fund ledger.
• <00:55:57.839> Madam ledger for the general fund. Madam ledger for the general fund.

Keywords: 1183, house

Transcript Highlights:

• Whether there's cash, whether a ledger, text messages that show they were going to, that's one thing.
• ,<00:37:53.280> text there's cash, whether a ledger, text there's cash, whether a ledger,
• So, um this is and intent to distribute.
• You would have to allege that there was an agreement to distribute.
• The claims that it will deter the sales of distribution of fentanyl are just patently false.

Keywords: 1189, house, all

Transcript Highlights:

• It helped generating distributed solar canceled by the Public Service Commission.
• of $30 million for farmer tariff relief for farmers, as long as we provide the guidelines and distribution
• of $30 million for farmer tariff relief for farmers, as long as we provide the guidelines and distribution
• of $30 million for farmer tariff relief for farmers, as long as we provide the guidelines and distribution
• Senate highlights from the housing ledger: very similar to what you heard from Chair Rosenthal from the

Keywords: 993, senate, all

Summary: The Joint Conference Committee on Environment, Agriculture and Housing opened budget negotiations for the 2026-2027 enacted budget, with Senate and Assembly leaders outlining their one-house proposals and committee members giving brief remarks. The discussion covered environment, agriculture, housing, parks, and energy, with repeated emphasis on affordability, climate resilience, and support for rural and urban communities. Senate and Assembly chairs described the process and noted the agencies present, while minority members criticized the overall size of the budgets and urged more attention to housing affordability, building stakeholders, and energy costs. On the environment and energy side, the Senate highlighted proposals for $138 million in additional clean water infrastructure funding, a $75 million increase to the Environmental Protection Fund, $95 million in restored parks capital, $200 million for the Energy Affordability Program, and $1 billion for Sustainable Futures 2.0, including a proposed revival of the NY STUN program. The Assembly said it increased the EPF to $500 million, raised clean water infrastructure funding to $800 million, and included targeted amounts for cities, rural housing-related water projects, Cornell Ag Tech, and the Center for Sustainable Materials Management. Democrats argued that high utility bills are driven by natural gas costs rather than clean energy, while Senate and Assembly Republicans said the CLCPA and other energy mandates are increasing costs and should be reconsidered. Agriculture remarks focused on research, farm support, and resilience. Senator Hinchey described funding for Cornell’s COWS program, Farm to School amendments, $7 million for farm worker housing, and a new $20 million Farm Weather Resiliency Grant Program. Chair Lupardo said the Assembly added $16 million over the Governor’s proposal for educational research and outreach, restored support for beginning and disadvantaged farmers, and backed dairy, livestock, hemp fiber, and natural fibers initiatives, while also accepting $30 million in farmer tariff relief if guidelines are set. Minority Assembly Member Tague supported dairy infrastructure funding but criticized the farm labor overtime phase-down and the CLCPA’s impacts on farms. Housing discussion centered on major capital and assistance programs. The Assembly proposed $200 million more for the Housing Access Voucher Program, $100 million for Mitchell-Lama and NYCHA, $50 million for down payment assistance, $4 million for fair housing testing, land banks, and $40 million for the Homeowner Protection Program. The Senate outlined similar priorities, including $500 million for NYCHA, $100 million for Mitchell-Lama preservation, $250 million total for HAVP, and additional funding for mixed-income rental development, vacant rentals, senior housing, and block-by-block infill. Chair Rosenthal said rent stabilization was not being changed in the budget, while Republican members argued that affordability requires lower taxes, lower utility costs, and fewer regulatory burdens. No votes were taken; the meeting was an opening round of budget negotiations and ended with closing remarks from both sides.

Transcript Highlights:

• distributed to distributed been distributed to committees<00:52:26.800> and<00:52:27.040> we
• of the ledger when we listen to bills. of the ledger when we listen to bills.
• distribution areas.
• distribution areas.
• distribution areas.

Keywords: 1189, house, all

Transcript Highlights:

• DEED conducts competitive grant processes, because DEED can take a holistic look at geographic distribution
• :46.159> geographic to see do we have good geographic to see do we have good geographic distribution
• as a central Minnesotan as distribution as a central Minnesotan as a<00:07:48.360> greater<00
• So we'll look at their ledgers, we'll look at their policies and procedures, and this is to assist that
• <01:08:23.400> or agency to submit you know ledgers or agency to submit you know ledgers or

Keywords: 1183, house

Transcript Highlights:

• This is a very, very important meeting, because when you start talking about wealth and distribution
• This is a very, very important meeting, because when you start talking about wealth and distribution
• And so then that definition is then what was distributed to all of our quasi and all the grant programs
• Like the conversation is equity, it is pay wage, but the real problem is the expense side of the ledger
• And that debt is not evenly distributed across races.

Keywords: 995, all

Summary: The Joint Committee on Racial Equity, Civil Rights, and Inclusion held a hearing on the impact of federal policy on the racial wealth gap in Massachusetts, the fourth in a series on federal impacts on racial equity. Chair Bud Williams and Chair Miranda opened by emphasizing that no bills were being heard and that the committee would instead take testimony from invited witnesses; public written testimony was also accepted. The chairs and witnesses repeatedly cited long-standing wealth disparities affecting Black and brown communities, including homeownership, wages, business ownership, and access to capital, and linked those disparities to federal policy changes, housing, education, health care, and workforce development. Administration officials testified first. Secretary of Labor and Workforce Development Lauren Jones described persistent labor market disparities, including higher unemployment for Black and Latino residents, lower median hourly wages, and underemployment among degree holders, and highlighted state efforts such as ESOL-for-work funding, workforce training grants, MassHire career centers, skills-based hiring, and the state equity dashboards. Secretary of Health and Human Services Kiami Mahania argued that poverty drives poor health, not the reverse, and said wealth gaps contribute to chronic disease, maternal health inequities, medical debt, and shorter life expectancy; she pointed to the Advancing Health Equity Massachusetts initiative, a health care affordability working group, and the governor’s push to bar medical debt from credit reporting. Assistant Secretary Juan Vega of EOED focused on entrepreneurship and procurement, citing technical assistance grants, founder support programs, place-based investment, the Business Front Door, and the need to broaden access to contracts, capital, and business growth opportunities. Committee members pressed the panel on the effects of the federal “big beautiful bill” on households, especially single-parent and Black women-led households, and on whether the state could develop more timely data systems instead of relying on federal numbers. Officials said the impacts were still being monitored, but warned that Medicaid and SNAP changes would likely hit lower-income households and community institutions hard. Members also asked about unions and apprenticeships, microbusiness definitions, supplier diversity, pay equity, and degree inflation; the administration said registered apprenticeships and skills-based hiring are key tools, and noted that wage equity reporting is still in its early stages. Later testimony from BECMA’s Nicole O’Bean stressed that tariffs, DEI rollbacks, immigration enforcement, capital gaps, and federal funding cuts are constraining Black-owned businesses and inclusive procurement, while Gastón Institute researchers described severe Latino homeownership and rent burdens, educational inequities, and the need for housing, labor, and education policy changes to close the wealth gap.

Transcript Highlights:

• Chairman Vose's testimony and presentation materials are being distributed.
• Um, we did just distribute an amendment for your review, and I'm glad to kind of step through it and
• an email, uh, to um, I did distribute an email, uh, to committee<01:16:14.080> members<01:16:
• Um we I did just distribute<01:16:27.600> uh<01:16:27.920> an<01:16:28.159> amendment
• um for your distribute uh an amendment um for your review<01:16:30.320> and<01:16:30.560>

Keywords: 1191, senate, all

Transcript Highlights:

• I had heard that some of that information was shielded from the public, that it wasn't publicly distributed
• I can see if you're going to provide a free piece of software to manage your bank ledger rather than

Keywords: 908, all

Summary: The committee resumed discussion of a campaign finance reporting bill and related amendments, focusing on whether the new reporting system should require beginning and ending fund balances for candidate committees and other entities. Representative Koppelman said he supported the modernization and software improvements, such as auto-populating donor information and aggregating contributions, but opposed making running balances mandatory because he viewed them as unnecessary for reporting and potentially burdensome. He also raised questions about language on contributions and expenditures, including whether certain uses of property or deposits were being classified correctly. Secretary of State Mike Lau responded that the questioned language on pages 5 and 6 was existing law, but said the beginning and ending fund balance on page 13 was important to the new system because it would allow amended reports to populate correctly across years. He said removing that requirement would effectively create two separate systems, and that the vendor could implement changes only if required by law. Members discussed whether the balance information could be hidden from the public, whether a zero-start approach would work, and whether an opt-in checkbox could avoid requiring all filers to use the same format. The committee did not take a final vote. Instead, the chair said the bill would go back to the subcommittee, with Representative Steiner and the Secretary of State’s office to continue working on the issue, and Representative Koppelman included in further discussions. The chair indicated the group would meet again later in the week to try to move the bill forward.

Transcript Highlights:

• . >> One minute for ledger. >> No, I'm sorry.
• I get I yield one minute to the gentle lady from New Mexico, Miss Ledger. amendments in in order.
• >> One<01:03:44.799> minute<01:03:44.960> for<01:03:45.119> ledger.
• >> One minute for ledger. >> One minute for ledger.
• Ledger. Ledger.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, February 3, 2026, 1012, house, all

Bills: HF4560, HF4559, HF2317, HF3179, HF4880, HF2862, HF4374

Keywords: Public Utilities Commission, PUC, energy regulation, utility regulation, electric utility, public utility, rate case, multiyear rate plan, decoupling, rate decoupling, greenhouse gas, social cost of carbon, environmental cost, resource planning, certificate of need, distributed renewable energy, interconnection, budget billing, electronic filing, contested case

Transcript Highlights:

• The vast majority of power outages affecting homes occurs at the distribution level, primarily to weather-related
• This is a distributed energy technology company that serves Texans, their retail electricity needs and
• I've distributed an article from Diana Zoga, the consumer reporter with NBC. 5 up in Dallas-Fort Worth

Bills: SB213, SB378, SB610, SB681, SB918, SB1172, SB1252, SB1343, SCR8

Keywords: SB 213, Texas insurance, Insurance Code, Chapter 551, Chapter 541, bundling, tying arrangement, cross-selling, homeowners insurance, residential property insurance, auto insurance, personal automobile insurance, consumer protection, unfair trade practice, deceptive insurance practice, property and casualty insurer, Lloyd's plan, county mutual, reciprocal exchange, farm mutual

Transcript Highlights:

• Distribute that $220 million to all of your constituents who don't have the luxury of having solar because
• Nowhere is it a payment or is it on their ledgers as a cost.

Keywords: 988, house, all

Transcript Highlights:

• to the taxpayers will be distributed to the taxpayers whether<00:15:53.319> it<00:15:53.600><
• There is another side to that ledger; there is benefit being derived by these investments.
• <00:32:20.200> charges<00:32:20.639> transmission distribution charges transmission distribution
• They're purchased in bulk and they don't distribute them in time, or did I hear that wrong?
• Um, I have an amendment which I had made to this and which I have distributed to everybody.

Keywords: 928, house, all

Summary: The committee heard testimony on House Bill 224, which would redirect most money from New Hampshire’s renewable energy fund back to electric ratepayers. The bill sponsor argued the measure would lower energy costs, noting recent utility rate increases and estimating annual savings of roughly $2.5 million to $7.3 million for ratepayers. Supporters said the fund has accumulated money that should be returned to customers rather than used for subsidies, and they emphasized that the state has already rebated similar funds from RGGI for years. Opponents, including Rep. Kat McGee, argued the renewable energy fund is a successful, nonlapsing dedicated fund that supports local clean-energy projects, energy resilience, emissions reductions, and private investment. McGee said the fiscal note overstated the benefit of rebates and understated the loss of investment, claiming the average annual rebate would amount to less than $10 per customer while the program has helped leverage significant private dollars and nearly 10,000 projects. She urged the committee to reject the bill as a poor deal for the state and ratepayers. Committee members questioned the fiscal note, the size of the rebate, whether the bill would set a precedent for other dedicated funds, and whether the program’s incentives amount to picking winners and losers. The Department of Energy testified neutrally, explaining how the renewable energy fund works, including renewable energy credits, alternative compliance payments, and the fund’s use for renewable energy initiatives. No vote was taken in the portion of the hearing provided.