Transcript Highlights:

• So home equity sharing agreements are also known as home equity investments or home equity agreements
• . 15% of the home value at origination, right?
• Because, as you can imagine, the home needs to depreciate a lot for 30% of the home value to be worth
• ... ...home mortgage, home equity, reverse mortgage product.
• But Blue's home started in Washington.

Summary: The committee first held a work session on cryptocurrency kiosks, with the Department of Financial Institutions and Spokane City Council describing how virtual currency kiosks operate, where they are located in Washington, and the rapid growth in transaction volume. DFI said the machines are being used heavily in scams, especially against older and vulnerable consumers, and cited FBI fraud data showing substantial losses. DFI outlined possible consumer protections in pending legislation, including stronger disclosures, a $1,000 daily transaction limit, and a fee cap. Spokane City Council described its unanimous ordinance banning new kiosks and requiring removal of existing ones, citing local scam reports and the difficulty of recovering funds once they are sent through crypto wallets. Committee members asked about how the machines are used, whether the hardware itself is vulnerable, and whether stronger warnings or screening requirements could help. The committee then reviewed home equity sharing agreements, or CHISAs/HESAs, following a legislative report. The report’s author said these products provide homeowners a lump sum in exchange for a share of future home value or appreciation, with no monthly payments, but can be difficult for consumers to understand and can produce highly variable settlement costs. The report found the market has grown quickly in Washington, that many consumers using the products had financial hardship, and that many did not fully understand how settlement amounts were calculated. DFI said it views the products as mortgage-like and is moving forward with rulemaking, including counseling and clearer disclosures. Industry representatives said the products are equity-based rather than debt-based, support access to home equity for people who may not qualify for traditional loans, and said they are working with DFI on standardized disclosures, counseling, and annual settlement estimates. Senators raised concerns about consumer understanding, cost caps, and whether the products should be treated as mortgages under state law. In the final work session, the committee heard an overview of Washington’s space economy from Amazon Leo, Blue Origin, Stoke Space, Space Northwest, and Green River College. Speakers highlighted major investments in Washington facilities, manufacturing, testing, and workforce training, and described the state as a hub for aerospace and satellite activity. They emphasized job creation, supply-chain spending, and education partnerships, including technician certification and apprenticeship-style programs. Several speakers urged the legislature to expand tax incentives to include space companies, support grants and workforce programs, and consider a state space commission or similar long-term coordination effort. The committee thanked the presenters and noted time constraints before ending the hearing.

Transcript Highlights:

• They don't have any nursing homes.
• Yes on our homes agenda that makes it easier to build the homes that Minnesotans want.
• Homes agenda that makes it easier to build the homes that Minnesotans want.
• Well, I ran for my home, my community, my home. Break that down smaller and smaller.
• personal property choice to them to build the homes that they need, the homes that they want.

Transcript Highlights:

• Massachusetts is facing a shortage of more than 220,000 homes, with rents and home prices rising far
• most new homes still have parking.
• For three-family homes, it is just 7%.
• We need to allow more homes and a greater variety of homes in Salem and across the Commonwealth.
• By expanding the availability of missing middle homes like townhomes and duplexes, we can lower home

Committee: Joint Joint Committee on Housing

Summary: The Joint Committee on Housing held a hybrid hearing on zoning, Chapter 40B, and related housing bills. Much of the testimony focused on the “Yes in My Backyard” bill (H. 1572/S. 962), which would expand by-right development of missing middle housing, reduce barriers such as minimum lot sizes and parking mandates, and support duplexes, triplexes, and other small-scale housing. Supporters included housing advocates, developers, local officials, and municipal leaders from places like Cambridge, Salem, and Braintree, who argued that state action is needed because local zoning often blocks needed housing and that the bill would help create more affordable, neighborhood-compatible homes. Several witnesses also backed a companion “Yes in God’s Backyard” bill (H. 2347), which would allow faith-based institutions to build housing on their property by right, with testimony emphasizing the potential for new units, added municipal tax revenue, and partnerships between religious organizations and housing developers. The committee also heard testimony on Senate Bill 1021 to modernize Chapter 40R incentives. Senator Pavel Payano and others said the program’s payments have not kept pace with inflation since 2004 and should be increased to better encourage smart-growth zoning near transit and town centers. Another major topic was H. 2298 on site plan review, which would codify and standardize the process in state law. Rep. Kristin Kassner and witnesses from MAPC and NAIOP said current site plan review practices vary widely across the state, creating confusion, delays, and litigation, while a uniform framework would give municipalities clearer tools to review by-right projects without undermining local oversight. The hearing also included testimony on Chapter 40B reform, including S. 1005 and H. 1537. One witness supported further review of 40B and stronger regional planning, while another backed a proposal to allow certain pre-2010 40B condominium owners to sell at market value under a framework that would recapture some of the subsidy benefits. Committee members asked several questions about local zoning changes, housing goals by county, and how the proposed bills would affect communities. No votes were taken during the hearing, and the chairs indicated that written testimony would be welcomed for technical details and additional comments.

Transcript Highlights:

• You don't have to allow everyone to come into your home.
• I am also a former owner of an adult family home and the current owner of an in-home care agency serving
• And their homes are a mess. They have hospital beds.
• I am also a former owner of an adult family home and the current owner of an in-home care agency serving
• We've talked a lot about our housing shortage and the impact on people buying homes, renting homes in

Summary: The Senate Housing Committee heard public testimony on several bills. SB 6091 would prohibit real estate brokers from marketing residential properties to limited or exclusive groups unless the listing is also marketed to the general public and all brokers, with exceptions for health or safety and private party sales. The sponsor and supporters, including Washington Realtors, Habitat for Humanity, Zillow, the Fair Housing Center, and others, said the bill promotes transparency, competition, and fair housing by preventing “pocket listings” and insider access. Opponents, including Compass representatives and some brokers, argued it would limit homeowner autonomy, harm privacy-sensitive sellers such as seniors, and create legal risk for brokers; the Attorney General’s office said it supported the competitive goal but wanted a different enforcement mechanism than WLAD. The committee later closed testimony on SB 6091 without taking final action in the hearing. The committee also heard SB 6200, which would allow tenants and residents in manufactured home communities to install portable cooling devices, subject to safety, code, and electrical restrictions, and would require landlords to notify tenants of their rights and limitations. The prime sponsor and many public health, tenant, and climate advocates said the bill is needed to prevent heat-related illness and death during extreme heat events, especially for renters in older or low-income housing who lack built-in cooling. Landlord and property management groups supported the idea of portable floor units but raised concerns about window-mounted devices, citing fall hazards, property damage, and insurance issues. Testimony emphasized that the bill includes liability protections for landlords and is intended as a narrow public health measure. The committee then heard SB 6096, which would require cities and towns collecting water and sewer connection charges to offer a deferred payment option for qualifying residential construction until final inspection or certificate of occupancy. The sponsor and builders’ groups said deferral would reduce upfront financing costs and help housing production. Cities and utility districts opposed the bill, arguing it shifts financial risk to utilities and ratepayers, complicates infrastructure planning, and could delay or reduce needed system investments. Finally, the committee heard SB 6153, which would create a senior independent housing ombuds program, require registration of senior independent housing facilities, and make certain landlord-tenant violations subject to Consumer Protection Act enforcement. The sponsor said the bill responds to complaints from seniors in independent living settings who lack an ombuds or other practical recourse, while staff noted the bill carries an estimated $4.4 million biennial fiscal impact.

Transcript Highlights:

• </c> correct racial disparities in home correct racial disparities in home ownership<00:14:22.560><c>
• </c><00:26:28.919><c> ownership</c> for um our Lending our home ownership for um our Lending our home
• </c> that's affordable uh to home that's affordable uh to home buyers<00:26:34.720><c> it's</c><00:26
• </c> into Home into Home Ownership<00:28:42.039><c> so</c><00:28:42.240><c> as</c><00:28:42.360><c> a
• home buyer designation reported as identifying as Black, Indigenous, or a home buyer of color.

Committee: Senate Housing and Homelessness Prevention

Transcript Highlights:

• Because even though we commonly refer to these as mobile homes, they're not particularly mobile.
• . ...relocate one of these homes.
• They nitpick, looking for reasons to force us out of our own homes.
• </c><00:08:11.280><c> or</c> thousands on changes to our homes or thousands on changes to our homes or
• </c> have to stand up to fight for our homes have to stand up to fight for our homes and<00:08:28.960

Transcript Highlights:

• From the home or whether in-home services are appropriate.
• To a group home. I know 'group home' is a dirty, nasty word anymore.
• the home, or it could order a child to be returned to the home.
• home.
• We will go to the home, and we will do a walk-through of the home.

Transcript Highlights:

• homes.
• homes.
• homes.
• homes.
• </c> call home. call home.

Committee: House Housing Finance and Policy

Transcript Highlights:

• Uh, this is the home price index of homes in California.
• </c> It might be a home on a 2500 foot lot. It might be a home on a 2500 foot lot.
• That's 100,000 new homes.
• </c> Does this look like a terrible home? Does this look like a terrible home?
• </c> home to Airbnb listings, but no hotels. home to Airbnb listings, but no hotels.

Summary: The committee approved the minutes from its June 4, 2025 meeting and then heard a series of presentations focused largely on housing and land-use policy. Senator Robbie Mills and Representative Josh Bray discussed two 2025 housing measures: Senate Bill 50, which would create residential infrastructure development districts to help local governments finance infrastructure for new housing developments through special assessments and local debt, and House Bill 7, which would let local governments identify development areas and rebate new property tax revenue to developers as an incentive for housing growth. They said Kentucky faces a statewide housing shortage of roughly 210,000 units, projected to grow if building patterns do not change, and argued that regulatory relief and financing tools are needed to increase supply. Representative Rebecca Rymer presented House Bill 371, which would require local permitting when an industry’s residual waste landfill is located in a different county from the industry itself. She said current law lets such landfills bypass local review, leaving host counties with no say despite road impacts and other local burdens. She said the bill would preserve the existing exemption when the landfill and industry are co-located, and noted support from KLC and KO. Representative Steve Doan also described House Bill 806, a statewide backyard chicken bill that would allow domesticated hens, prohibit roosters, set a minimum of six hens that local governments could not go below, and preserve local authority over setbacks, sanitation, maintenance standards, and egg sales. He said it would override outright local bans but not HOA restrictions, and cited a current Northern Kentucky dispute and ADA litigation as reasons for the proposal. The committee then heard a broader discussion on housing and land use from Charlie Gardner of the Mercatus Center and Nolan Gray of California YIMBY and the Bluegrass Institute. They outlined categories of land-use regulation, described the recent growth of state-level housing reforms nationwide, and cited examples such as ADU legalization, smaller lot sizes, reduced parking minimums, streamlined permitting, and single-stair or other building-code reforms. They argued that housing shortages are a statewide concern, that localities often have incentives to block growth, and that state intervention can reduce costs and uncertainty without compromising health and safety. Members asked about the housing shortage estimate, the effect of red tape on safety and local authority, and how state reforms could be phased in; the presenters said reforms often include lead time, can be targeted to larger jurisdictions, and should focus on reducing time and cost while maintaining basic standards.

Transcript Highlights:

• our homes, which for many of our often lead to eviction and confiscation of our homes, which for many
• I am a mobile home park owner in Youngstown Mobile Home Park, and I do support AB 635. Thank you.
• I'm the co-chair of the Student Homes Coalition. Homes is a statewide organization.
• And additionally, mobile home parks are home to some of our most vulnerable communities, as I know...
• I'm a resident and an owner of a mobile home at Youngstown Mobile Home Park in Petaluma.

Committee: House Housing and Community Development

Summary: The committee heard several housing-related bills, with the most extensive discussion focused on AB 518, which would create an opt-in state framework for low-impact camping areas on rural private property. The author and supporters said the bill would reduce duplicative state permitting, expand outdoor access, and help rural landowners and local recreation economies. Opponents, including county and campground representatives, argued it could weaken existing protections, create enforcement problems for counties, and allow online marketing of sites in jurisdictions that have not opted in. Members raised questions about fire safety, sewage, local control, and whether the bill should require clearer posting and permit verification. The committee ultimately passed AB 518 as amended on an 8-0 vote. The committee also approved AB 635, which would require HCD to refer up to 25 of the most serious mobile home residency law complaints to the Attorney General each year. Supporters said the bill would strengthen enforcement for vulnerable mobile home residents facing eviction, unauthorized charges, and other abuses, while opponents argued the existing program is underused, has a large surplus, and should be allowed to sunset rather than expanded. After discussion about the program’s effectiveness and the size of the fee reserve, the bill passed 9-1 with a recommendation to the Judiciary Committee. AB 893, which expands ministerial approval for mixed-income housing near college campuses and extends affordability eligibility to students, faculty, and staff, also advanced. Supporters emphasized student homelessness and housing insecurity, while the League of California Cities opposed unless amended, citing local control and height-limit concerns. Several members spoke in favor, and the bill passed 10-0. AB 925, the Mobile Home Emergency Safety Act, drew support from resident advocates and legal aid groups who cited wildfire risks and the need for working hydrants, accessible exits, and utility shutoffs, but opponents said the bill added unnecessary requirements and an unfunded fee increase. It was moved to Appropriations on a 6-1 vote and left on call. The committee also adopted the consent calendar and heard the opening presentation of AB 712, which would increase penalties and attorney-fee remedies for public agencies that violate state housing laws; testimony on that bill began with strong support from housing advocates and industry groups, followed by initial opposition from special districts.

Transcript Highlights:

• Who owns our homes.
• Some of those are home for people.
• I got a home-base voucher. I got a home-base voucher.
• They provide services in hospitals, community health centers, nursing homes, and home care.
• Access to counsel ensures that the homes we build and preserve continue to be homes for the people who

Committee: Joint Joint Committee on Housing

Summary: The Joint Committee on Housing held a hybrid hearing on a broad slate of landlord-tenant and home rule bills, with most testimony focused on rent stabilization, tenant opportunity to purchase (TOPA), tenant fees, access to counsel, algorithmic rent fixing, and tenant protections in subsidized housing. Chairs Cyr and Haggerty outlined the hearing procedures and noted that written testimony could also be submitted. Several members and invited speakers emphasized that the committee was hearing from both local officials and residents affected by housing instability, especially in Somerville and other communities facing high rents and displacement. Supporters of rent stabilization and local-option rent control argued that Massachusetts needs tools to prevent displacement while new housing is built. Senator Eldridge, Senator Jalen, Somerville officials, tenant organizers, and residents described steep rent increases, no-fault evictions, and the loss of naturally occurring affordable housing. Somerville’s home rule petition was described as allowing annual increases tied to CPI plus 2%, capped at 5%, with exemptions for owner-occupied two- and three-family homes and a 15-year exemption for new construction. TOPA supporters said it would let tenants or their designees buy buildings before speculative buyers, preserving affordable housing stock; opponents, including small landlords and property managers, argued rent control would reduce supply, discourage investment, and that TOPA could delay sales and harm properties. The committee also heard testimony on bills to curb junk fees and regulate tenant charges, including limits on late fees, lease renewal fees, payment portal fees, attorney’s fees, and other add-on charges. Advocates said these fees can add hundreds of dollars a month and disproportionately harm low-income renters and renters of color. Another major topic was algorithmic rent fixing: Senator Moore and Representative Sabadoza said landlords should not use software such as RealPage to coordinate pricing, citing federal antitrust actions and arguing that competition is essential to lowering rents. Additional testimony supported a statewide right to counsel in eviction cases, with legal services providers saying representation dramatically improves outcomes and can save the state money, and a bill to create an office of tenant protections to better enforce sanitary code violations. No votes or final actions were taken during the hearing.

Transcript Highlights:

• We have homes for men and homes for women. All the homes are certified.
• We have homes for men and homes for women. All the homes are certified.
• homes like like I homes uh and we need homes like like I provide<01:49:00.560><c> and</c><01:49:00.840
• We have, in those homes, three men's homes. Those are approximately 18 men. They're large homes.
• And then the remaining three homes are what I call a phase two home.

Committee: House Municipal and County Government

Transcript Highlights:

• So home equity sharing agreements are also known as home equity investments or home equity agreements
• Because, as you can imagine, the home needs to depreciate a lot for 30% of the home value to be worth
• mortgage, home equity, reverse mortgage product.
• So that they are getting the same information that anyone else is getting in a home mortgage, home equity
• But Blue's home started in Washington.

Summary: The committee first heard a work session on cryptocurrency kiosks from the Department of Financial Institutions and Spokane City Councilmember Paul Dillon. DFI described crypto kiosks as licensed money transmission terminals that allow cash purchases of virtual currency, and said the main concern is fraud: scammers often pressure victims, especially older adults, to deposit cash into kiosks and send it to wallets controlled by organized crime. DFI cited a sharp increase in kiosk volume, nationwide fraud complaints and losses, and said Washington currently has licensing and disclosure rules but lacks transaction and fee limits. The department said it is seeking stronger disclosures, a $1,000 daily transaction limit, and a fee cap. Spokane described its unanimous ordinance banning new kiosks and removing existing ones after local scam reports, and members asked about how the machines work, whether the fraud is in the hardware or the transaction, and whether stronger warnings or screening could help. The committee then reviewed home equity sharing agreements, or CHISAs, based on a report by Mariana Amaram and testimony from DFI and industry representatives. The report found that CHISAs provide homeowners a lump sum in exchange for a share of future home value or appreciation, with no monthly payments, but that consumers often struggle to understand the products and settlement calculations. The report said the market has grown quickly in Washington, that costs can be hard to predict, and that early uncapped contracts could produce very high settlement amounts, especially during periods of rising home prices. DFI said it views these products as mortgage loans and is moving forward with rulemaking, including counseling and clearer disclosures, while industry witnesses said the products are equity-based rather than debt-based and asked for tailored regulation. Members discussed the need for better consumer education, clearer payoff schedules, and whether the products should be treated as mortgages or a separate category. The final panel focused on Washington’s space economy, with presentations from Amazon Leo, Blue Origin, Stoke Space, Space Northwest, and Green River College. Speakers highlighted major in-state investments in satellite manufacturing, launch systems, and workforce training, including Amazon Leo’s Redmond and Kirkland facilities, Blue Origin’s Kent headquarters, and Stoke Space’s Kent manufacturing and Moses Lake test site. Space Northwest presented data showing the sector’s growing economic footprint, high-wage jobs, and regional clusters in Kent and Redmond, and urged more workforce programs, incentives, infrastructure support, and a state space commission. The companies emphasized local hiring, apprenticeship and certification programs, and the role of Washington’s aerospace supply chain in supporting the broader space industry. No votes were taken during the transcript excerpt.

Transcript Highlights:

• Requires AHCA to impose a $10,000 fine against the home office of a nursing home, or the nursing home
• nursing home uniform reporting system.
• To the Florida nursing home uniform reporting system.
• Requires ACA to impose a $10,000 fine against the home office of a nursing home, the home office or the
• nursing home, actually, because we did amend that, of a nursing home that fails to submit financial

Committee: Senate Appropriations Committee on Health and Human Services

Summary: The Health and Human Services Appropriations Committee met to review and advance the Senate’s fiscal year 2025-26 budget proposal for the committee’s portfolio. The presentation highlighted a $1.8 billion increase over the current base budget, including full funding for Medicaid and KidCare, investments in IT modernization, Medicaid provider rate increases, mental health and substance use services, opioid treatment, foster care and guardian assistance, elder care, veterans’ services, cancer research, school nurse staffing, and other public health initiatives. The committee adopted a motion allowing technical adjustments and then approved the budget proposal to be reported to the full Senate Appropriations Committee. The committee then heard and voted on several bills. SB 152 on surgical smoke protection required hospitals and ambulatory surgical centers to adopt smoke evacuation policies; nurses testified in support, citing workplace and patient safety risks, and the bill was reported favorably. CS/SB 958 on early detection of type 1 diabetes required the Department of Health to provide educational materials to schools and, by amendment, early learning coalitions; it was also reported favorably. CS/CS/SB 170 on nursing home oversight added consumer satisfaction surveys, reporting requirements, quality incentive changes, and financial reporting penalties, with an amendment exempting state-operated homes and directing a study of best practices; it passed after questions about dementia, language access, and retaliation protections. CS/SB 738 modernized child care regulation by streamlining DCF processes and reducing obsolete requirements, and was reported favorably without opposition. The committee also approved CS/SB 1356 creating the Florida Institute for Pediatric Rare Diseases at FSU and a Sunshine Genetics pilot to expand rare-disease screening and research, with support from members emphasizing early detection and data collection. SB 1370 separated ambulatory surgical centers into their own statute, with testimony that the change would better reflect the industry and help avoid burdensome regulation; it passed favorably. Finally, CS/CS/SB 1626 made a range of child welfare changes, including codifying DCF coordination with military installations, adjusting shelter certification, refining criminal-background exemptions, extending licensing compliance time, addressing room-and-board rate methodology, and clarifying missing-child procedures; after adopting three amendments and hearing both support and concerns, the bill was reported favorably. The committee also recorded a member’s affirmative vote on SB 958 before adjournment.

Transcript Highlights:

• Uh, my feeling is though the cost of a home is the cost of a home.
• homes away from people.
• worth less than homes if the homes are worth less than $1<00:16:14.040><c> million.
• </c> reflect what the median home price was. reflect what the median home price was.
• Let's take up the home. referred. Let's take up the home.

Committee: Senate Ways and Means

Transcript Highlights:

• </c> a median priced home statewide. a median priced home statewide.
• </c> home ownership more affordable. home ownership more affordable.
• , it also opens up homes for new home buyers and there forth.
• ><c> for</c><00:08:25.600><c> new</c><00:08:25.800><c> home</c> it also opens up homes for new home it
• </c> of going from renting to owning a home. of going from renting to owning a home.

Bills: HF2715 , HF2499 , HF3420 , HF3657 , HF2303

Committee: House Taxes

Keywords: HF2715, homestead credit refund, property tax refund, property tax relief, homeowner tax relief, homestead credit, co-pay reduction, Minnesota property taxes, tax rebate, state refund, income thresholds, inflation adjustment, property tax circuit breaker, housing affordability, elderly homeowners, fixed income, taxation, Minnesota Statutes 290A.04, renters credit, income tax

Transcript Highlights:

• These are their homes.
• Everything from single family homes to workforce housing to multifamily homes.
• able to purchase homes.
• homes to workforce housing to multif family<00:26:41.440><c> homes.
• </c> not enough homes or homes that employees not enough homes or homes that employees uh<00:30:00.000

Transcript Highlights:

• in their home.
• And care into somebody's home.
• Home and community-based services are the largest payer of home care across the country.
• For example, while a nursing home placement can cost around $9,000 a month, home and community-based
• Do you have unlicensed home care? Do you have unlicensed home care providers in your organization?

Committee: House Legislative Health & Human Services Committee

Transcript Highlights:

• We work in hospitals, clinics, nursing homes, and self-directed home care.
• <00:02:46.680><c> Workforce</c><00:02:47.120><c> Standards</c> home Workforce Standards home Workforce
• </c> work in hospitals clinics nursing homes work in hospitals clinics nursing homes and<00:05:15.280
• :03.800><c> actually</c> nursing home workers without actually nursing home workers without actually
• </c> nursing homes and boarding nursing homes nursing homes and boarding nursing homes are<00:26:13.320

Bills: HF339 , HF1272 , HF2121 , HF2122 , HF1216 , HF1003 , HF2319

Committee: House Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:

• And we're watching home prices skyrocket.
• So we're building more and more homes, but just as soon as those homes hit the market, they're gone.
• And so when they can't buy a home, that's my concern.
• And so when they can't buy a home, that's my concern.
• And so when they can't buy a home, that's my concern.

Committee: House State Affairs