Video & Transcript Research : 'financial statement'

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AL

Alabama 2026 Regular Session

Alabama Senate Judiciary Committee Feb 25th, 2026

Judiciary

Transcript Highlights:
  • Is that a fair statement?
  • If you those kind of statements to us.
  • want to just say a general statement want to just say a general statement because<00:20:27.039><
  • , >> I would challenge you on one statement, >> I would challenge you on one statement
  • <00:46:03.119> piece of Revenue manages the financial piece of Revenue manages the financial
HI

Hawaii 2026 Regular Session

ECD Public Hearing - Fri Feb 6, 2026 @ 8:30 AM HST

Economic Development & Technology

Transcript Highlights:
  • <00:34:55.599> that<00:34:55.839> it's when we make a statement that it's when we make
  • a statement that it's unnecessary,<00:34:57.119> it's<00:34:57.760> these<00:34:58.079
  • forth and um you need any statement forth and um you need any statement moving<01:08:30.239>
  • credits in California and New financial credits in California and New York,<01:18:52.080> it<
  • denial shall also include a statement denial shall also include a statement that<01:56:03.040>
Summary: The committee opened testimony on House Bill 1838, relating to visas. Testifiers from the State Health Planning and Development Agency, the legal clinic, the Hawaii State Coalition Against Domestic Violence, the ACLU, CARES, and immigrant-rights groups strongly supported the bill, saying it would bring Hawaii into compliance with federal law, standardize and speed up certification for U and T visa applicants, and better protect survivors of crime and trafficking. Supporters emphasized that delays in certification can leave eligible survivors waiting years for federal visa access and can undermine public safety by discouraging victims from reporting crimes. The chair announced there were 103 testimonies in support and one in opposition, and the committee then moved on without taking a vote on the bill in the hearing. The committee next heard House Bill 1870, concerning protected locations and immigration enforcement. Testimony from the Hawaii Coalition for Immigrant Rights, ACLU of Hawaii, educators, students, and community advocates supported limiting immigration enforcement at schools and other essential-service sites, arguing that families should be able to access education, health care, shelters, libraries, and social services without fear. The Department of Education said it had already issued guidance in March 2025 for how staff should respond when law enforcement comes onto campus, and the Public Charter School Commission noted implementation would need to occur at the school level. Testifiers said the bill would create standardized protocols and protect students and families from fear and disruption; the chair reported 142 testimonies in support, one in opposition, and five comments. The committee then took up House Bill 2445, relating to student safety and law enforcement on campus. The Department of Education again said it had already rolled out statewide guidance and described its process for staff to notify administration, verify law enforcement identification and purpose, and route matters through the complex area superintendent and attorney general, while noting emergencies would be handled differently. A committee member questioned whether the procedures were sufficiently standardized and whether staff were trained for unusual situations. Student and community testifiers supported the bill, saying schools should remain safe havens and that clear procedures are needed if federal immigration enforcement appears on campus. The Department of Law Enforcement testified in opposition to parts of the measure, raising concerns about masking requirements, vehicle markings, officer safety, doxxing, retaliation, costs, and possible supremacy-clause conflicts, and suggested more exemptions and a compromise approach. The chair reported 106 testimonies in support, two comments, and no opposition for the bill before moving on to the next measure.
AL

Alabama 2026 Regular Session

Alabama Senate Judiciary Committee Jan 28th, 2026

Judiciary

Transcript Highlights:
  • And so currently now, if a child is under the age of 12 at the time they give a statement, that statement
  • What this does is this helps the jury get a clear picture of the child at the time they gave the statement
  • ,<00:41:34.800> that<00:41:35.200> statement<00:41:36.079> um<00:41:36.319><
  • c> can give a statement, that statement um can give a statement, that statement um can be<00:41:36.800
  • This would increase it to statement.
TX

Texas 89th 2nd C.S.

State Affairs Apr 14th, 2025

State Affairs

Transcript Highlights:
  • collecting information pertaining to a person's voting history or voting status and prohibits your financial
  • EHR, this bill ignores the medical reality for transgender Texans and exposes them to unnecessary financial
  • Second, restricting the mechanisms to amend the sex marker risk chaos on both the financial side.
  • , either the ordering entity or patient receives an uncovered catastrophic financial bill or because
  • We also need to talk about the legal and financial fallout.
TX

Texas 89th Regular

State Affairs Apr 14th, 2025

State Affairs

Transcript Highlights:
  • Members, this is Speaker Phelan's bill that requires more detailed campaign financial disclosures.
  • The bill could create a significant amount of financial uncertainty and potentially could lead to the
  • The Office of Financial Transactions is involved.
  • I am testifying on behalf of myself, but I have a written statement from the Cameron County Democratic
  • I think that's a fair statement. So it is a change. It's not a clarification.
TX

Texas 89th Regular

State Affairs Apr 14th, 2025

State Affairs

Transcript Highlights:
  • collecting information pertaining to a person's vote. ...history or voting status and prohibits financial
  • Second, restricting the mechanisms to amend the sex marker risks chaos on both the financial side and
  • Because of this discordance, financially, either the ordering entity or the patient receives an uncovered
  • catastrophic financial bill.
  • We also need to talk about the legal and financial fallout.
MN

Minnesota 2025 1st Special Session

Committee on Elections - 03/27/25

Elections

Transcript Highlights:
  • evolution of financial markets.
  • All counties, 87 counties, and commissioners already have to file financial statements, so unlike the
  • All counties, 87 counties, and commissioners already have to file financial statements, so unlike the
  • statements from.
  • <00:35:40.960> statements about that we want financial statements about that we want financial
Keywords: 1187, senate, all
TX
Transcript Highlights:
  • There is no reason that you need to know their personal financial statements.
  • I take an oath of office and I file a personal financial statement.
  • If I understand correctly, when you're filing a personal financial statement, it normally dates back
  • The law plainly requires the directors to file a personal financial statement.
  • The issue involves two late personal financial statements.
Summary: The meeting focused on the Texas Ethics Commission's (TEC) evaluation of legislative recommendations and personnel updates, including the appointment of a new general counsel and discussions about upcoming quarterly meetings. Commissioner Schmidt reported on the progress of various bills, including amendments to existing laws, the need for increased regulation on foreign lobbying, and the publication of new rules in the Texas Register. Public testimonies were heard regarding compliance issues and proposed changes in political contribution regulations. The Commission agreed to schedule further review on the legislative items discussed and the proposed rule amendments.
OR
Transcript Highlights:
  • of the amount of financial effect expressed as a specific amount or as a range, a statement of any recurring
  • annual financial effects, and a description of the most likely financial effect of adoption or, under
  • a statement with that information.
  • So it would be an element of this statement. It's not a separate statement, right?
  • That's a legal issue, not a financial issue.
Summary: The Financial Estimate Committee met on July 6, 2026, to begin work on the financial estimate for IP 28, after reviewing the statutory process and confirming that only IP 28 had cleared the signature threshold for consideration. Staff explained the committee’s duties under ORS 250.125 and the timeline for draft statements, public hearing, and final adoption. The committee also designated Carol Moreno C. Fuentes to file the committee’s eventual statements. Staff from the Department of Administrative Services and the Legislative Revenue Office presented preliminary analysis of IP 28, describing major uncertainties in estimating impacts because the measure is not a tax law change and would affect multiple industries and government functions. Preliminary figures discussed included an estimated $56.5 million loss in the current biennium and $6.7 million in reduced expenditures, with larger projected revenue losses of roughly $244.1 million to $258 million and reduced expenditures of $30.7 million to $34.9 million in 2027–29, plus $87.8 million to $88.3 million in increased expenditures. Analysts said the biggest effects would likely involve agriculture, fish and wildlife, hunting and fishing, local government enforcement, and possible shifts in state funding, but many impacts remained difficult to quantify. Committee members raised concerns about local government costs, law enforcement and prosecution burdens, impacts on the hospitality and recreation sectors, possible effects on tribal governments and treaty rights, and whether the measure would affect shellfish and crabbing. They also discussed the Humane Transition Fund, subsidies, possible litigation costs, and whether the statement should include broader uncertainty language and multiple scenarios. Members generally agreed the draft should be revised to better reflect uncertainty, clarify assumptions, and possibly use bullets or other formatting to improve readability. No vote was taken. The committee agreed to treat the current draft as a working version, with staff to revise it based on the discussion and return an updated draft before the next meeting scheduled for July 17 at 2 p.m., with both in-person and virtual participation available.
AR

Arkansas 2026 1st Special Session

LEGISLATIVE JOINT AUDITING Jun 5th, 2026

LEGISLATIVE JOINT AUDITING

Transcript Highlights:
  • The first is the ACFER, which includes all of the financial statements and notes to the financial statements
  • The first is the ACFER, which includes all of the financial statements and notes to the financial statements
  • The financial statements of the state are fairly presented. Ms.
  • And it's, again, financial statements for the State of Arkansas.
  • So it sounds like the financial, internal financial statements were up to date.
Summary: The committee met to adopt prior minutes and reports from its executive and standing committees, including counties and municipalities, educational institutions, and state agencies. Those reports covered routine audit activity, delinquent private water and sewer audits, municipal accounting compliance issues, education audit findings, and several state agency audit items. The committee also reviewed and adopted the State of Arkansas annual comprehensive financial report for fiscal year 2025 and the related single audit report, both presented by Legislative Audit staff. The state financial report showed unmodified opinions on the state’s financial statements and described total assets of about $41.9 billion and liabilities of about $11.1 billion, along with retirement system assets of $39.9 billion and a net pension liability of $9 billion. Two material weaknesses were identified: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and a Division of Workforce Services methodology change for unemployment-related estimates that was not properly documented or approved. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed; it resulted in 33 findings, 14 with questioned costs totaling $16.6 million, and qualified opinions for the Summer EBT program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Members questioned agency officials in detail about the Summer EBT questioned costs, DHS unresolved findings, broadband grant documentation, cyber security controls, workers’ compensation liabilities, and child care funding and reporting. DHS explained that the Summer EBT issue involved drawing federal funds in advance rather than as benefits were redeemed, and said the process has been corrected. Broadband officials said the questioned $6.6 million reflected documentation-detail disagreements across many invoices rather than missing payments. OST officials described new logging, endpoint detection, and phishing-training efforts, and DFA and Education officials addressed specific audit findings and corrective actions. The committee ultimately moved to hold the two large statewide reports over until the August meeting for further review, with discussion continuing on whether to release some agency staff in the meantime.
NH

New Hampshire 2026 Regular Session

Fiscal Committee (01/23/2026)

Transcript Highlights:
  • relation to the basic financial relation to the basic financial statements. statements. statements
  • the financial statements contained in the financial statements contained in the New<01:12:00.080
  • > on<01:12:10.080> page The financial statements begin on page The financial statements
  • <01:15:22.400> statements completion of its financial statements completion of its financial
  • Thank you. audit of the financial statements. That audit of the financial statements.
Keywords: 1189, house, all
Summary: The Fiscal Committee met on January 23, 2026, approved the December 19, 2025 minutes, and adopted the remaining items on the consent calendar after noting several withdrawals. The committee then took up Department of Safety item FIS 26007, which involved Homeland Security/FEMA grant funding for equipment and UAS-related activities. Senators asked whether any of the funding would support federal civil immigration enforcement or shared operations with federal agencies, and about privacy protections for drone data. The department said the grant is governed by federal parameters, that the state uses the remaining 20 percent after federally directed uses, and that privacy law in this area is evolving. The item was adopted on an 8-2 vote. The committee next considered Department of Environmental Services item 26003, which had been withdrawn by the Senate. A senator said concerns about using the funds for a different project had been resolved after speaking with the commissioner, and the item was adopted without further debate. The committee then moved to Department of Health and Human Services item 260005, a request for about $700,000 in remaining ARPA-related funds for the Hampstead children’s facility project. Commissioners explained that the project had been funded in stages because the original appropriation was based on estimates and bid assumptions, and that the remaining money would cover alternates and finish the project without using general funds. Senators raised concerns about repeated requests for additional money, the adequacy of security, site-selection costs, and why the project had not been fully funded at the outset. The department said the project had been intentionally structured to proceed in phases and that required security would be provided.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Banks - 05/12/2026

Banks

Transcript Highlights:
  • Questions, comments, or statements? Sir? Sir.
  • We want those in the financial sector to be very honest.
  • institutions from charging a fee for periodic paper statements.
  • Questions, comments, or statements? Questions, comments, or statements? Sure.
  • More questions, comments, statements? Sir. I think this came up.
Keywords: 993, senate, all
Summary: The Senate Banking Committee met with Chair James Sanders Jr. and reviewed a full agenda of banking-related bills. Early action included approval of a bill requiring licensed check cashers to file suspicious activity reports, and a bill on civil penalties for fraud or misrepresentation in financial products or services, though several members objected to removing the intentionality standard and warned it could broaden enforcement too far and discourage lending in New York. The committee also advanced a bill prohibiting fees for periodic paper statements, a bill on asset-based lending transactions, and a bill requiring reporting of suspected financial exploitation. Members spent substantial time on a bill regulating automated lending decision tools. The sponsor and chair said the measure would allow AI use but require a human review or appeal if a borrower is denied, while some senators raised concerns about competitiveness for state-chartered banks and possible overlap with existing human oversight. The bill was reported out and referred to the Internet and Technology Committee for further review. The committee also approved a DFS study bill on the financial stability and licensing of the check-cashing industry, with a suggestion that the study also examine risks of expanding the industry. A major discussion centered on the “Deep Protection Act,” aimed at preventing foreclosures tied to deed theft. The sponsor described cases involving elderly homeowners and fraudulent transfers, while opponents argued the bill was vague, could create unintended consequences or private litigation, and might affect only a small share of mortgages because it applies to state-chartered institutions. The sponsor said the bill would be amended and noted interest in related county clerk reforms. The committee ultimately sent the bill to Judiciary. The final bills addressed mortgage payment schedule fees and unsolicited mail loan checks; both were approved. The meeting ended after the chair emphasized open debate and committee review as part of improving legislation.
MN

Minnesota 2025 1st Special Session

Legislative Coordinating Commission 11/10/25

Minnesota House Floor Meeting

Transcript Highlights:
  • He'll be doing a high-level brief summary of the financial statements, but I wanted to first give you
  • <00:01:58.320> to financial statements, but I wanted to financial statements, but I wanted
  • Uh, very happy to be here today to be able to share with the commission's financial statements.
  • uh the commission's financial uh the commission's financial statements.<00:04:25.600> Um<
  • even though we draft the financial even though we draft the financial statements,<00:09:45.920><
Keywords: 1183, house
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Feb 12th, 2026

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES

Transcript Highlights:
  • Annual financial statements were not prepared and posted.
  • statements and non-compliance. and interest were not receded and recorded in the financial statements
  • I said, I was not told to put it on a financial statement.
  • statements, or the reader of your financial statements isn't getting the full picture of what the City
  • Is that acceptable to add to our city council's financial statements?
Summary: The committee began with approval of the prior meeting minutes and then received updates on delinquent private water and sewer reports. Staff reported that 19 of 43 original entities for the 2022 reporting year had had turnback reinstated, while 24 remained in escrow; for the 2023 reporting year, 59 of 64 entities had filed, leaving five still outstanding. The committee also heard that Adona had come into substantial compliance with municipal accounting law, and it voted to file that report and discontinue withholding turnback. It then voted to start the 60-day clock and file the report for Gum Springs after hearing repeated findings involving budgeting, disbursements, payroll, and Act 833 funds, with city officials saying they had begun correcting records and were seeking help from the Municipal League and a city attorney. Fargo was deferred because the mayor was absent due to illness. The committee next considered Denning, where staff described repeated and serious accounting problems over 2022-2024, including unauthorized payments, missing documentation, weak payroll controls, and improper handling of funds. The mayor and recorder-treasurer said prior records were disorganized and that they were now working with an attorney, CPA help, and new software; the committee voted to start the 60-day clock and file the report. Green Forest’s report, involving a fixed-asset listing issue after the mayor’s death, was filed. Several private water and sewer reports were either filed or deferred depending on whether responses had been received, and the committee announced its March meeting would be held in Room 149 because of renovations. The committee then reviewed a series of referred reports involving alleged financial irregularities. In Elaine, the fire chief’s questionable purchases were referred and filed. In Strong, staff described undeposited garbage-bag receipts, improper payments for private dumpster service and other expenditures, payroll tax penalties, and deficit fund balances; the mayor said controls had been improved, but the committee deferred the report to March. The Faulkner County Fair Association report found undocumented cash withdrawals, questionable disbursements, and inadequately documented cash payments to a carnival vendor; the committee filed it. Brooklyn’s report involved a fraudulent direct-deposit change, and Mineral Springs’ report involved transfers from the cemetery fund, employee loans, overpayments, and travel reimbursement issues; both were filed. Additional reports included Rondo, where the recorder-treasurer explained missing computers and fuel purchases tied to personal vehicles, and the committee filed the report; Waldo, where the mayor had been overpaid due to extra biweekly payments, which was filed; Columbia County, where a floodplain management contract lacked an authorizing ordinance, which was filed; and several private water-system reports, some filed and others deferred for lack of responses. Carlisle’s report showed large but improving misstatements in financial records, and the committee filed it after hearing that new software and training had reduced prior problems. Caddo Valley’s report prompted a lengthy discussion about CDs and interest recognition; staff explained that principal balances should be reflected as city assets and interest should be recorded when earned or reported by the bank, and the report was filed. Prairie County’s budget overrun and road-fund issues were discussed at length, with the judge explaining equipment and weather-related costs and staff clarifying the distinction between road funds and locally approved sales-tax uses; the report was filed. Finally, the committee deferred a Cross County Rural Water Association matter after learning it had not filed with Legislative Audit since 2002-2003 despite receiving significant state funding, and members expressed concern about the long gap in filings.
OR
Transcript Highlights:
  • And if I remember past statements that I've read in the voters' pamphlet, they have put that... ...statements
  • in this statement.
  • Secretary, I move to adopt the proposed financial estimate statement as revised by the committee for
  • Secretary, I move to adopt the proposed financial estimate statement as revised by the committee for
  • The Treasurer has moved adoption of the proposed financial estimate statement as revised today. Ms.
Keywords: 907, all
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Feb 12th, 2026

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES

Transcript Highlights:
  • Annual financial statements were not prepared.
  • Annual financial statements were not prepared and posted.
  • I said, I was not told to put it on a financial statement.
  • statements, or the readers of your financial statements aren't getting the full picture of what the
  • Your financial statements. You can name it CD with a maturity date.
Keywords: 1204, all
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING Jun 5th, 2026

LEGISLATIVE JOINT AUDITING

Transcript Highlights:
  • Legislative Audit issued two reports for the audit of the state's financial statements.
  • The first is the ACFER, which includes all of the financial statements and notes to the financial statements
  • This report includes any findings related to the state's financial statements and federal financial assistance
  • And it's, again, financial statements for the State of Arkansas.
  • Okay, so it sounds like the internal financial statements were up to date.
Summary: The Legislative Joint Auditing Committee met on June 5 and first adopted prior minutes and several committee reports. The executive committee report noted adoption of its minutes, staff updates on scheduled audits, approval of an annual financial audit for the City of Horseshoe Bend, and an update on the intern program. The Counties and Municipalities report covered delinquent private water and sewer audits, compliance follow-up with towns including Denning, Gum Springs, Omer, Fargo, Jericho, and Haynes, and review of current and deferred reports; the committee filed most current reports but deferred several and referred some matters to prosecutors and the Attorney General. The Educational Institutions report said 103 education audits were reviewed, most with no findings, while several school districts had findings and one Booneville School District finding was referred to law enforcement. The State Agencies report included findings at the Department of Finance and Administration and a deferred Department of Health report, and the committee filed 13 reports. The committee then received lengthy presentations on the State of Arkansas annual comprehensive financial report and the state single audit for fiscal year ended June 30, 2025. Legislative Audit issued unmodified opinions on the state financial statements, but identified two material weaknesses: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and improper methodology changes and documentation issues at the Division of Workforce Services affecting year-end estimates for unemployment-related accounts. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed. Auditors reported 33 findings overall, including 31 federal findings, $12.9 million in outstanding questioned costs, and qualified opinions for the Summer Electronic Benefit Transfer program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Committee members questioned DHS, the broadband office, OST, DFA, Education, and Workforce Services about the findings, corrective actions, cyber protections, federal drawdowns, child care reporting, and accounting methodology changes. Several agencies described corrective steps. DHS said it had changed how it draws Summer EBT funds, addressed provider revalidation and incarceration-related Medicaid issues, and updated internal processes and staffing. The broadband office said the questioned costs reflected invoice documentation disputes rather than missing payments and expected Treasury review to resolve the issue. OST said it was expanding logging, endpoint detection, and enterprise monitoring, and described broader cybersecurity investments, training, and a roadmap. DFA and Workforce Services addressed the workers’ compensation and unemployment accounting issues, with Workforce Services saying it had updated its policy and submitted the methodology to DFA. After discussion, the committee voted to hold the two statewide audit reports over until the August meeting, with members asked to submit specific questions in advance so only needed agencies would return. The final item was a special report on the Hot Spring County Solid Waste Authority for January 1, 2023 through June 30, 2025. The audit reviewed compliance with laws, board procedures, bidding, payroll, permits, inspections, and cash handling. It noted prior private audit findings on segregation of duties, that recent private audit reports had not been obtained for 2023 through 2025, and that the current administrator said prior office staff and bookkeeping contractors resigned when he was hired. The authority’s operations and revenue sources were described, and the report was presented for committee review.
TX
Transcript Highlights:
  • There is, um, No, no, there's no reason that you need to know their personal financial statement.
  • I take an oath of office and I file a personal financial statement for the purposes of the statute.
  • Uh, portion of the opinion that would require them to file a personal financial statement.
  • At issue are two late personal financial statements.
  • I was not really educated on this, uh, personal financial statement.