Transcript Highlights:

• I can get orphan wells into my books from active wells as well, um, and there are also bonds associated
• By the way, because some of these wells didn't have bonds, some of the wells that have bonds are smaller
• bonds, and some of them, these are bigger issues than we may have anticipated even 1.5 to 2 years ago
• solution to the root cause, let's say, of, of the, the orphan wells, whether it be increasing the bond
• They either pay for it going in, they have to post a bond, they have to post financial credibility, um

Transcript Highlights:

• schools, as you may know, have greater access to facility funding through local general obligation bond
• proceeds and state general bond proceeds.
• Some of the bond financings that we see are 40-year bonds. and pent up demand for those other costs.
• Some of the bond financings that we see are 40-year bonds.
• Some of the bond financings that we see are 40-year bonds, and if there's any proceeds or assets that

Summary: The committee heard an update on the administration’s Career Education Master Plan and the new California Education Interagency Council. Administration and agency staff described efforts to better connect K-12, higher education, workforce, and data systems, including the California Cradle to Career Data System, e-Transcript California, and a proposed career passport. They emphasized regional coordination with workforce boards and community colleges, and said the new council’s immediate tasks are to hold its first meeting by the end of June, enter into a data-sharing MOU, and complete a strategic plan by the end of November. Members asked about the council’s authority, reporting requirements, and how it would relate to the broader Master Plan for Higher Education; staff said the council will make recommendations but does not have implementation authority. The committee then took up the Governor’s proposed $100 million one-time expansion of dual enrollment grants and related changes to instructional minute requirements. Finance and the Department of Education said the proposal would support middle college, early college, and CCAP programs, add technical assistance, prioritize high-need LEAs, and reduce the minimum instructional day for certain dual enrollment students from 240 to 180 minutes to ease scheduling barriers. The Chancellor’s Office strongly supported the investment, citing access, acceleration, and equity benefits, while the LAO recommended rejecting the funding, arguing the state already provides ongoing support and that the proposal does not address major barriers. Members raised questions about adult learners, A-G alignment, reporting on outcomes and expenditures, rural access, transportation, staffing, and whether the funding would create lasting program capacity. The item was left open after discussion. The committee also considered trailer bill language to align the definition of long-term English learners across data systems. Finance and CDE said the change would simplify identification by defining LTELs as students who have not attained English proficiency within seven years and RTELs as students not proficient within six years, matching the dashboard and research-based timelines. CDE said the current mismatch between dashboard and assessment definitions creates confusion and delays, while some members and advocates worried the change could reduce earlier intervention or should be handled through policy committees rather than the budget process. The committee voted to reject the proposal and refer it to policy, though the administration said it still supports the budget language. Finally, the committee heard a proposal to extend the Supporting Inclusive Practices project by one year, through June 30, 2027. CDE said the project is promising but raised concerns about the contract structure and fiscal management, while Marysville Joint Unified School District testified that SIP had helped expand inclusive preschool and district-wide practices and reduce reliance on more restrictive placements. Members questioned why funds had not been fully encumbered and whether the remaining money should be redirected to areas with greater implementation need. The item was discussed but no final action was described in the excerpt.

Transcript Highlights:

• ...additional cleanup language has to do with paying for projects and project costs or paying for bonds
• The other part of that is the debt service on bonds. Thank you. Yes, ma'am. Chair: Thanks...
• bonds.
• out on bond because he's killed somebody.
• But if I have knowledge of an individual who's already out on bond, I arrest them again.

Keywords: 1136, house, all

Transcript Highlights:

• success using their tax exempt bonding success using their tax exempt bonding Authority<00:35:17.599
• We're basically allowing this group to bond for nonprofits to use bonding authority for health care facilities
• for allow nonprofits to use to bond for allow nonprofits to use bonding<00:40:36.560> Authority
• So would they have to be licensed by the state in order to take advantage of this bonding authority,
• of this bonding Authority or how<00:42:09.520> would<00:42:09.839> that how would that

Keywords: 1183, house

Transcript Highlights:

• We did include the transfer fee in the housing bond bill.
• The transfer fee in the housing bond bill, we weren't able to get that one over the threshold, but couldn't
• Section 31 in the bill broadens the bond term for school projects from 30 years to 40 years, which in
• And it's, you know... ...their hand and asked, 'What is a municipal bond again?'
• And finally, with the school projects, we strongly encourage that the bond period be extended from 30

Keywords: 995, all

Summary: The hearing focused on Governor Healey and Lt. Gov. Driscoll’s Municipal Empowerment Act, with administration officials and municipal leaders broadly supporting the bill as a package of tools to help cities and towns manage rising costs, staffing shortages, and service demands. The administration highlighted procurement reforms, including raising Chapter 30B advertising thresholds, clarifying cooperative purchasing, and removing the Commbuys notice requirement; permanent authority to amortize emergency-related deficits over three years; expanded authority and enforcement for removing double poles; continued flexibility for hybrid and remote public meetings; regionalization options such as regional boards of assessors and intermunicipal agreements; cybersecurity reporting to EOTSS; and several local revenue options and other municipal finance changes. They said the bill was shaped by listening sessions with municipal officials and was intended to increase flexibility, efficiency, and stability without imposing broad mandates. Committee members asked about regionalization, cybersecurity costs, Commbuys, hybrid meetings, and double poles. Administration witnesses said cybersecurity reporting would help the state target resources and that existing Community Compact and capital grant programs, including IT and municipal fiber funding, could support local needs; they said EOTSS would absorb reporting within existing resources. On procurement, they said the Commbuys notice change would be optional and that other public notice methods would remain available. On hybrid meetings, they emphasized flexibility for different types of boards and the burdens a one-size-fits-all mandate could create for small towns and volunteer boards. On double poles, they said the bill’s main change from last session was to give utilities more time and improve the removal process while keeping enforcement mechanisms aimed at speeding removal rather than raising revenue. The Massachusetts Municipal Association, MAPC, the Pioneer Valley Planning Commission, and multiple mayors and town managers testified in support. They described the bill as a practical modernization measure that would help local governments operate more efficiently and respond to fiscal pressure. Witnesses from Northampton, Lynn, Gardner, Cambridge, Franklin, North Andover, Manchester-by-the-Sea, and Ashland praised the hybrid meeting provisions, procurement changes, regional service-sharing, and emergency deficit amortization. Several also urged adoption of local revenue tools, including meals and lodging tax options and other local fees, as ways to preserve services and staffing. No votes were taken during the hearing.

Transcript Highlights:

• This provision allows the natural gas utilities to issue bonds if they have a catastrophic event.
• And again, that cost will only bonds.
• to issue those bonds. to issue those bonds.
• I think we're going to have a bonding<00:42:06.400> bill.
• <00:42:08.000> And<00:42:08.240> so, Bonding bill. I'm hopeful.

Bills: HF2438

Keywords: transportation finance, transportation policy, MnDOT, Minnesota Department of Transportation, Department of Public Safety, Metropolitan Council, highway funding, trunk highway fund, county state-aid highway fund, municipal state-aid street fund, state aid roads, local roads, bridge funding, road construction, transit funding, passenger rail, freight rail, aviation, airport development, safe routes to school

Transcript Highlights:

• SD1HD1 relating to a special purpose SD1HD1 relating to a special purpose revenue<00:55:45.200> bond
• for Koi farming and egg revenue bond for Koi farming and egg enterprises<00:55:49.280> for<00
• It increases the total principal amount of special facility revenue bonds that may be issued without
• . on behalf of the house myself bonds. on behalf of the house myself coach<01:50:55.679> Kitagawa<
• It increases the total principal amount of special facility revenue bonds that may be issued without

Keywords: Conference Notices: AGR 2:30 PM:, 910, house, all

Transcript Highlights:

• tokenized bonds as well.
• liquidity are lower in tokenized bonds. liquidity are lower in tokenized bonds.
• Um and then the issuance costs bonds.
• DTbased digital bonds. Um and this DTbased digital bonds.
• variety of real world assets um bonds variety of real world assets um bonds equities<01:58:37.760

Keywords: 1189, house, all

Summary: The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken. The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading. Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.

Transcript Highlights:

• This actually repeals the bond language that we passed.
• Our interim study showed that not one bond had been called and no land had been cleaned up.
• So this moves from the bond... ...up.
• So this moves from the bond, from a bond and insurance issue mainly—not mainly, but in part—because it's

Bills: HB2947, HB2964, HB3143, HB3144, HB3342, HB3344, HB3519, HB3522, HB3530, HB3645, HB3647, HB3834, HB4300, HB4422, HB4423

Keywords: behavioral health, Medicaid expansion, clinical interns, mental health services, licensing requirements, medical records, patient rights, privacy, fees, healthcare access, legal claims, medical marijuana, license transfer, Oklahoma Medical Marijuana Authority, moratorium, business regulation, commercial grower licenses, licensing restrictions, agriculture, Medicaid

Transcript Highlights:

• MEMBERS, WE HAVE IN STATUTE A DEBT REDUCTION STRATEGY OUTLINED BY THE DIVISION OF BOND FINANCE.
• $250 MILLION A YEAR FOR THE GENERAL REVENUE FUND EACH FISCAL YEAR TO ACCELERATE THE RETIREMENT OF THE BONDS
• REQUEST FOR THE STATE BOARD OF MANAGEMENT AND ADMINISTRATION FOR ALL FUNDS THIS IS JUST THE WAY WE DO BOND
• IN OTHER WORDS, ARE WE TYPICALLY PAYING UPFRONT COSTS WHEN WE DO THE BONDS THAT WE ARE NOT CONSIDERING
• WHEN WE RETIRE THE BONDS?

Keywords: 999, senate, all

Transcript Highlights:

• Thank you for having us and giving us an opportunity to discuss this economic development bond bill.
• This bill contains about $305 million in new bond authorizations.
• A private investment was also leveraged due to that bond authorization.
• They were, of course, not released yet, but they are in the bond bill.
• It all gets bonded out. Everything's great. Can our municipalities handle that?

Keywords: 995, all

Summary: The committee held a hearing on Governor Healey’s economic development proposal, H. 5386, also referred to as the Mass Winds Act, focused on global investment, talent, innovation, housing, and business competitiveness. Governor Healey, Secretary of Economic Development Eric Paley, and Secretary of Administration and Finance Matt Gorzkowicz described the bill as a response to federal uncertainty and global competition, building on the 2024 Mass Leads Act. They highlighted proposed investments in a Global Mass initiative, including a $50 million innovation access fund and $20 million for sites to help international companies locate or expand in Massachusetts, along with support for AI, quantum, robotics, defense innovation, climate tech, downtown revitalization, and creative/cultural economy projects. They also emphasized measures to lower business costs, including reducing the LLC filing fee, expanding the small business energy tax exemption, and streamlining housing and development rules. Committee members questioned the administration about non-compete reform, AI and data-center infrastructure, housing affordability, and whether the bill would help retain workers and companies in Massachusetts. The governor and secretaries argued that the non-compete changes would restore the original compromise by requiring any alternative to garden leave to be negotiated at separation, and they said the bill’s housing and workforce provisions are intended to help young workers stay in the state. They also said Massachusetts is already investing in AI training, an AI hub, and energy-related planning, while acknowledging that data-center growth will require careful attention to water, electricity, and ratepayer impacts. Several witnesses testified on specific sections. Northeastern University supported the internship tax credit, saying experiential learning helps students gain jobs and remain in Massachusetts. The Latino Empowerment Advisory Council supported the waiver of redundant English testing for internationally trained nurses, saying it would speed entry into the workforce without lowering clinical standards. Russell Beck opposed the non-compete changes, arguing they would undermine the 2018 compromise and could reduce other forms of employee compensation. The Secretary of the Commonwealth’s office opposed the LLC fee reduction, citing revenue loss and fraud concerns. Municipal and regional groups, including the MMA and the Metro Mayors Coalition, supported site plan review codification and downtown/arts investments, while urging continued municipal input. The AFL-CIO asked for trigger language to preserve labor protections if federal law changes, and business and industry witnesses generally supported the bill’s competitiveness and global investment provisions. No votes were taken; the hearing was informational, with written testimony invited after the meeting.

Transcript Highlights:

• adaptive reuse um of buildings using housing<00:02:47.840> infrastructure<00:02:48.400> bonds
• <00:02:48.959> Uh<00:02:49.200> which housing infrastructure bonds.
• Uh which housing infrastructure bonds.
• bonds, workforce home ownership<00:27:07.760> challenge.
• That is the life-changing investment that's included when we say yes to housing infrastructure bonds

Keywords: 1183, house

Transcript Highlights:

• There's also international bonds.
• This legislation strengthens public trust by enhancing transparency before and after bond elections,
• bonds, will ensure that all of this information is centralized and publicly posted on the bond review
• A bond portfolio that has a book value of about $980 million.
• We have three bonds outside of the state of Texas, and that makes up maybe 1% of the principal.

Bills: HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175, HB245

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance

Transcript Highlights:

• Bond around do whatever.
• , and bond-related projects, providing a civil penalty.
• It simply adds the amount that will be spent annually for a debt service if a bond is passed.
• , taxes, and bond-related projects.
• SB 2395 by Creighton relating to general obligation bonds.

Bills: HJR98, HJR8, HJR133, HB23, HB33, HB144, HB 109, HB 103, HB148, HB3809, HB1686, HB2217, HB2156, HB220, HB2421, HB2363, HB3773, HB421, HB2584, HB2615, HB2455, HB3711, HB2559, HB3747, HB2775, HB2886, HB3126, HB3666, HB3595, HB3260, HB3506, HB1638, HB3376, HB3826, HB3628, HB1349, HB3770, HB1831, HB1762, HB2614, HB3113, HB267, HB322, HB431, HB869, HB 1203, HB 1201, HB 1244, HB1875, HB1950, HB2152, HB2290, HB2341, HB2436, HB2809, HB2856, HB3012, HB2954, HCR56, HCR102, HB 107, HB1587, HB3684, HB658, HJR99, HB1399, HJR5, HJR2, HJR6, HJR31, HB1971, SJR3, HB1775, HJR72, HB502, HB3109, HJR98, HJR8, HJR133, HB 118, HB388, HB 114, HB205, HB2789, HB2791, HB499, HB2960, HB3163, HB3135, HB2427, HB1618, HB1672, HB1722, HB1338, HB787, HB2618, HB879, HB 1126, HB4134, HB3513, HB718, HB1536, HB1445, HB1640, HB1893, HB1734, HB3229, HB3306, HB 1276, HB3272, HB3276, HB3516, HB4145, HB1585, HB4810, HB2989, HB2558, HB3014, HB2742, HB1695, HB23, HB33, HB144, HB 109, HB 103, HB148, HB3809, HB1686, HB2217, HB2156, HB220, HB2421, HB2363, HB3773, HB421, HB2584, HB2615, HB2455, HB3711, HB2559, HB3747, HB2775, HB2886, HB3126, HB3666, HB3595, HB3260, HB3506, HB1638, HB3376, HB3826, HB3628, HB1349, HB3770, HB1831, HB1762, HB2614, HB3113, HB267, HB322, HB431, HB869, HB 1203, HB 1201, HB 1244, HB1875, HB1950, HB2152, HB2290, HB2341, HB2436, HB2809, HB2856, HB3012, HB2954, HCR56, HCR102

Keywords: Article V, federal government, fiscal restraints, constitutional amendment, term limits, nuclear energy, electric generation, funding, Texas nuclear development fund, advanced reactors, HJR 133, Texas constitutional amendment, ad valorem tax, property tax exemption, homestead exemption, surviving spouse, veteran, veterans benefits, service-connected death, presumed service-connected condition

Transcript Highlights:

• Now we'll move on to tab 13. [00:10:50.000] This is tab 13, CS for SB 1674 on unrated bonds by Senator
• additional rating requirements that conflict with state law, making it harder to invest in Israel bonds
• This bill does not expand authority, but reinforces existing law and applies only to Israel bonds.
• do not override this exception, and there is still the opportunity to continue purchasing Israeli bonds
• This amendment further clarifies that the bill's language only applies to Israel bonds.

Summary: The committee heard and acted on a long agenda of local, housing, education, construction, and claims bills. It first took up SB 1730 on affordable housing/Live Local changes, adopting an amendment that narrowed and clarified several provisions, including density, height, parking, attorney fees, and exclusions for certain protected areas, then reported the bill favorably. It also approved SB 1674, which clarifies that local investment restrictions cannot block Israel bonds, after a clarifying amendment. SB 140 on charter schools was reported favorably after significant debate over school conversion, teacher contracts, local control, and the use of surplus school property for housing or other public purposes; several speakers opposed it as harmful to public schools, while the sponsor said it preserved district authority and added options for municipalities and job creation. The committee also passed SB 96 and SB 4, two local claims bills, and SB 1714, which allows SHIP funds to help mobile home owners with lot rent and requires local housing plans to address mobile home park closures.

Transcript Highlights:

• Obviously, our members are all down, and almost all down in Bond.
• Yes, I'm presenting on behalf of Senator Mansavino, who says he's in Bond.
• Senator Poor is down in the Bond Committee. Representative Miner Brown and Senator Poor.
• Senator Walsh is engaged in an epic, Herculean battle downstairs in Bond Bill.
• Senator Walsh is engaged in an epic herculean battle downstairs in Bond Bill.

Bills: HB373

Keywords: infused beverages, THC, alcohol control, regulation, non-intoxicating cannabinoids, marijuana, legalization, taxation

Summary: The Senate Banking, Business, Insurance & Technology Committee met in hybrid format and heard testimony on several bills. HB 373, as amended, would regulate hemp-derived THC-infused beverages by defining the products, limiting them to 10 mg of Delta-9 THC per container, restricting sales to package stores and licensed marijuana retail stores, requiring testing and labeling, and imposing a 50-cent per container tax; the sponsor said the bill is intended to create guardrails and protect youth, and a wholesaler representative testified in support. HB 398 would allow racinos to serve alcohol until 2 a.m. and remove local authority to require earlier closing times; the sponsor and Bally’s representative said it would help Delaware remain competitive and increase revenue, and no opposition was heard. HB 433 would let municipalities and counties extend last call for bars, restaurants, and clubs from 1 a.m. to 2 a.m.; a witness from Connect Delaware supported it as a competitiveness and retention measure, emphasizing that it is permissive rather than mandatory. The committee also heard extensive testimony on HB 441, which would ban cryptocurrency kiosks/crypto ATMs in Delaware and require existing machines to be removed within 90 days. The sponsor and supporters, including AARP, the Delaware Department of Justice, and the League of Women Voters, argued the machines are heavily used in scams, especially against older adults, and that regulation has not been effective. CoinFlip opposed the bill, saying it is a regulated operator, that the fraud statistics are overstated or incomplete, and that Delaware should instead adopt a regulatory framework and amendment. HB 465 would update the criminal code to formally define virtual currency and incorporate it into theft, money laundering, racketeering, and search-and-seizure provisions; the sponsor said it would align Delaware law with modern crypto-related crimes, and no opposition was presented. The committee then heard HB 467, which would prevent landlords from requiring renters to buy insurance from a specific company while still allowing them to require coverage meeting lease terms; the sponsor described it as a consumer-choice bill and there was no public opposition. HB 435 would require payment parity for certified registered nurse anesthetists and physicians when the same services are provided; the sponsor, nurse anesthetists, the Delaware Health Care Association, the Department of Insurance, and ChristianaCare supported it as a workforce and access-to-care measure, with no opposition. Finally, HS 1 for HB 450, the Road DE Act, would overhaul permitting and traffic-impact review, emphasize peak-hour traffic, set density standards in growth areas, create a transportation impact fee, and direct some revenue to open space, farmland, and coastal restoration; realtors, builders, environmental groups, engineers, and GEAR supported it as a way to speed permitting, reduce sprawl, and improve infrastructure planning. The committee adjourned after public comment; no votes were recorded in the transcript.

Transcript Highlights:

• The added clause to Section 17 of Chapter 775, a section which limits bond issuance to only reasonable
• , necessary amounts, would greatly broaden and expand the issuance of bonds.
• , necessary amounts, would greatly broaden and expand the issuance of bonds.
• Section 75, a section which limits bond issuance to only reasonable, necessary amounts, would greatly
• broaden and expand the issuance of bonds.

Keywords: 995, all

Summary: The committee heard testimony on a range of energy, utility, broadband, and municipal infrastructure bills. Representative Powell supported H 3466, which would create a task force to study public ownership of utilities and alternatives to investor-owned electric and gas systems. Representative Therber supported H 3574, which would use RGGI funds to reimburse cities and towns affected by power plant decommissioning, citing lost jobs, tax revenue, and service cuts in communities such as Somerset, Plymouth, Salem, and Everett. Several witnesses from municipal light plants and related organizations testified in support of mutual aid bills, including H 3486/S 2252 and H 3330/S 2277, saying the measures would clarify protections and liability coverage for MLP workers assisting in emergencies and non-emergency work. Jim Leiden of EMWIC opposed H 3514/S 2295, saying the proposed board and governance changes would reduce local control, add burdens, and weaken confidentiality protections. A committee member asked whether the mutual aid bills had been reviewed for municipal impacts, and the witnesses said they had done due diligence. The committee also heard extensive testimony on H 3551/S 2306, the smart meter opt-out bills. Supporters argued that smart meters emit harmful wireless radiation, that some residents have developed health problems or electromagnetic sensitivity, and that opt-outs should be available without fees or penalties; several witnesses urged notification, consent, and non-transmitting analog meter options. The committee also heard testimony from municipal officials and the Massachusetts Municipal Association in support of H 3462/S 2250, which would strengthen municipal authority to enforce timely removal of double utility poles, citing safety, accessibility, and construction-delay concerns. Derek Leffert of Gateway Fiber opposed H 3450, saying it would improperly shift broadband deployment costs to competitors. At the end of testimony, the chair closed the hearing by motion and vote, with members voting aye and no opposition recorded.

Transcript Highlights:

• you know, growing up where we gather together, camping, swimming, hiking, fishing, hunting, we built bonds
• We built bonds and friendships that last a lifetime.
• And those bonds today... When grown men say, hey, I love you, brother, that means something.
• And those bonds today still can't be broken.
• Other classes come as well because we built those relations and we built those bonds, Mr.

Keywords: March 14, 2026 - Regular Session, 976, house, all

Transcript Highlights:

• We have Senate bond initiatives number 18.
• Clerk will read the bond initiatives. >> Number one, Senator McCay, Accident Volunteer Fire Department
• , Budget and Taxation. >> Majority leader moves so be considered the reading of the bond initiatives.
• We have Senate bond initiatives number 19.
• Should we consider the reading of the bond initiatives?

Keywords: Senate streaming session for Wednesday, February 11, 2026, 960, senate, all

Summary: The Senate convened with a quorum present, heard an invocation from Rabbi Deborah Wexler of Pikesville, and journalized the prayer without objection. The chamber also recognized several visitor groups, including Maryland Realtors Day, Maryland March for Change participants advocating for infant and maternal health, and students, faculty, and staff from Avalon School. Senators briefly highlighted upcoming committee meetings and caucus events, including a Legislative Black Caucus press conference, Aviation Day, and a reminder about protocol dues. On legislation, the chamber read Senate Bill 955 on real property, condominiums, and homeowners association election rules and referred it to the Rules Committee. Two Senate bond initiatives were also read and sent to the Capital Budget Subcommittee. Senate Bill 888 was announced as reassigned to the Rules Committee. The main floor action centered on Senate Bill 46 concerning state veteran cemeteries, where Senator Simon offered a floor amendment. Senator from District 7 explained the bill was prompted by concerns about how caskets are moved at veteran cemeteries, describing a practice he found disturbing and saying the issue should be addressed separately from the bill. The amendment and the amended report were both adopted without objection, and the bill was ordered printed for third reading. The Senate then handled a brief procedural exchange when a senator asked about speaking on the reassigned bill, and the presiding officer ruled the matter out of order because it had already been reassigned. After additional committee announcements, the Senate remained in session with 40 members present and then moved to recess until noon in the House chamber.

Transcript Highlights:

• Trumbull: BUT THE LIVE LOCAL STILL USES THE TRADITIONAL BOND PROCESS JUST LIKE SAILORS. >> DEPENDING
• ON THE TRANSACTION BOND PROCESS JUST LIKE SAILORS. >> DEPENDING ON THE TRANSACTION FOR THE MOST PART
• CAN DO A TRANSACTION WHERE YOU ONLY NEED THIS PERCENTAGE OF SALE AND YOU CAN MAKE UP FOR IT WITHOUT BONDS
• THAT'S WHEN WE ISSUE BONDS TO HELP FINANCE FIRST MORTGAGES.
• THAT PREPAYMENT SPEED ON HOW FAST THESE BONDS WILL PAY OFF COMES INTO PLAY SO WE TRACK THAT PRETTY WELL

Keywords: 999, senate, all