Transcript Highlights:

• today's $500 would have been worth in 1986, and I was actually shocked to find that adjusted for inflation
• </c><00:05:03.840><c> that's</c><00:05:04.039><c> only</c> that adjusted for inflation that's only that
• adjusted for inflation that's only $172<00:05:06.039><c> 56</c><00:05:06.960><c> in</c> $172 56 in $172
• don't take lightly that quality representation studies will show that quality representation directly impacts
• </c><00:10:20.200><c> is</c> increasing and while inflation is increasing and while inflation is increasing

Summary: The subcommittee met to discuss the guardian ad litem system, including appointment qualifications, training, payment, and whether any changes are needed. Roll was called, the February 25, 2025 minutes were approved, and the chair emphasized that the meeting was informational only and no vote would be taken. Representatives from the Court of Justice, including Chief Justice Deborah Henry Lambert and several family and district judges, testified about how the system has evolved since concerns raised in 2019 about overappointment and fees. Court witnesses said the judiciary responded to earlier concerns by requiring open appointment lists of trained and qualified attorneys, improving training, and increasing oversight of fee orders. They reported that statewide GAL fees have fallen from a little over $14 million in 2019 to about $12 million, even as caseloads have grown, and said the average payment works out to about $650 per case, with the statutory cap for trial-level GAL fees still set at $500 since 1986. They argued that the current local appointment model works well, especially in rural areas, and warned that moving to a DPA-style regional model would create serious scheduling and conflict problems because of overlapping dockets and related criminal cases. Judges from rural districts described shortages of available attorneys, high burnout, travel burdens, and the difficulty of finding enough counsel in smaller counties. They also said the Court of Justice cannot seek certain federal Title IV-E reimbursements, but urged the legislature to encourage the Finance and Administration Cabinet and the Cabinet for Health and Family Services to pursue that funding through an MOU. One judge noted that some appointed attorneys are effectively underpaid relative to private rates and that better compensation would help attract and retain lawyers. The discussion also covered training standards adopted after the 2019 audit. Witnesses said Rule 37 now requires initial training and four hours of multidisciplinary continuing training every two years, with topics including child development, trauma-informed care, substance use, child welfare, forensics, ethics, and communication with clients. They said the Court of Justice has offered in-person regional trainings and remote options, and that the goal is to keep qualified attorneys on the appointment lists while improving representation for children and parents in dependency, neglect, abuse, and termination-of-parental-rights cases.

Transcript Highlights:

• When we expanded Medicaid, I'm not getting into that debate, it impacted all other budgets.
• This just says that for future planning because the impact things that we think of.
• This just says that for future planning, because the impact you see.
• This day of COVID funny money and all this flooded money has inflated where we’ve got bailouts.
• This day of COVID funny money and all this flooded money has inflated where we’ve got bailouts.

Transcript Highlights:

• For older adults, the impact is especially real.
• It reflects inflation risk and administrative costs, and in Washington it is simple interest.
• We urge you to consider the cumulative impact of these policies.
• And so he did a great job of convening different stakeholder groups with all impacted parties, where
• We are sensitive to the impact medical debt has on patients and our health care system.

Summary: The committee heard several bills, with the most extensive discussion focused on civil investigative demands for the Attorney General (ESSB 5925), automated license plate readers (ESSB 6002/6702), medical debt interest limits (ESSB 5993), default judgments in consumer debt cases (SSB 5720), adult guardianship technical changes (ESSB 5837), and Court of Appeals bailiff authority (SB 6011). Sponsors and agency staff generally framed the bills as targeted tools or clarifications, while opponents raised concerns about privacy, due process, overreach, and unintended consequences. The AG’s office supported 5925 as a way to investigate civil rights, wage theft, and related laws more efficiently; opponents argued it gave too much pre-suit power and lacked sufficient judicial safeguards. The Court of Appeals bailiff bill was presented as a near-identical extension of authority already given to Supreme Court bailiffs, with no major controversy beyond questions about training. The ALPR bill drew the sharpest policy split. Supporters, including the prime sponsor and civil rights advocates, argued Washington lacks meaningful regulation of license plate readers and needs limits on retention, sharing, and vendor access to protect privacy and prevent misuse. Law enforcement, cities, and some parking-related users said the bill was necessary but too restrictive or technically flawed, warning it could effectively shut down the technology or prevent use in serious cases; they asked for broader crime coverage, clearer definitions, and longer retention. Privacy and civil liberties groups supported regulation but urged stronger protections, especially shorter retention periods and tighter limits on third-party access. On medical debt, the sponsor and supporters argued that capping interest at 1% would reduce financial harm to patients, especially those facing serious illness, and would still allow administrative costs to be covered. They cited bankruptcy risk, chronic illness, and the burden on families, while noting the bill was narrowed from an earlier version and made prospective. Hospitals, collectors, dentists, and physician groups opposed the bill, saying it would not solve broader affordability problems, could reduce repayment incentives, and might push providers toward cash-only models or credit cards, especially harming small and rural practices. The committee also heard support for the consumer debt default judgment bill as a negotiated compromise that improves notice and preserves existing debt-buyer protections, and for the guardianship bill as a technical cleanup of adult guardianship and supported decision-making provisions. No votes or final actions were taken in the hearing excerpts provided.

Transcript Highlights:

• So this graph here is showing normalized prices, adjusting for inflation, going back to 2018.
• I wasn't sure what the actual impact was. You could just highlight that.
• Because the longer it delays, it deeply impacts... ...those license holders who are just trying to do
• You don't want price inflation at retail.
• In the excise tax and what that will do, the impact that that will have on our industry.

Summary: The joint informational hearing focused on the Department of Cannabis Control’s report on the condition and health of California’s cannabis industry. Department staff reviewed the evolution of state cannabis law, the creation of the current regulatory framework, licensing and compliance efforts, and enforcement against illicit cannabis and hemp-derived intoxicating cannabinoids. The department said the licensed market has grown in production and retail units sold, while active licenses and retail sales value have declined, and that the illicit market remains a major competitive factor. The department also highlighted consumer education efforts, product testing and recalls, and coordination through the state enforcement task force and other agencies. The department’s economist said the data show continued growth in licensed production and a rising share of consumption through the licensed market, but falling wholesale and retail prices have reduced overall industry value. He identified major headwinds as taxes and fees, illicit-market competition, local prohibitions that limit retail access, regulatory costs, and broader business pressures, while noting opportunities in product innovation and possible hemp-market changes. Committee members pressed the department on enforcement, public health concerns, equity ownership and employment, delays in grant administration, pesticide testing, and whether the legal market is truly viable for small businesses and farmers. Several members argued that stronger enforcement and lower costs are needed, while one member raised concerns about cannabis-related health harms and said the hearing focused too narrowly on supply-side issues. Public commenters from industry groups and advocacy organizations largely echoed concerns about high taxes, regulatory burdens, limited retail access, and the size of the illicit market. Many urged the Legislature not to let the excise tax rise from 15% to 19% and called for tax relief, compliance reform, more enforcement, and broader retail access. Some speakers said the report was too optimistic and did not reflect business failures, debt, and closures, while others emphasized the need to protect small farmers, address wildfire insurance, and support equity businesses. No votes or formal actions were taken; the hearing was informational only.

Transcript Highlights:

• I am Sheila Morley of the Family Impact Network.
• Sheila Morley of the Family Impact Network.
• The Family Impact Network has served as the network administrator since 2014.
• We support and encourage the $155 million spend to address H.R.-1 impacts.
• You have heard from Morgan on impacts for the broader UW system.

Bills: HB2289

Committee: House Appropriations

Keywords: appropriations, budget, fiscal matters, state spending, general fund, supplemental budget, biennial budget, substitute bill, public defense, civil legal aid, courts, judicial branch, homelessness, supportive housing, affordable housing, behavioral health, juvenile rehabilitation, youth services, child welfare, foster care

Transcript Highlights:

• They wanted to make sure that it was very tight in the definition of an inflated bill, and so we made
• They wanted to make sure that it was very tight in the definition of an inflated bill, and so we made
• fees to inflate an insurance claim<00:04:10.400><c> I</c><00:04:10.480><c> do</c><00:04:10.640><c> want
• Bill and so we made that change inflated Bill and so we made that change in<00:05:27.639><c> working
• billing which is something inflated billing which is something we've<00:10:48.040><c> seen</c><00:10

Summary: The committee met with a quorum and first took up Senate Bill 24, a measure aimed at combating property and casualty insurance fraud. Senator Girdler and witnesses from the Insurance Institute of Kentucky and the National Insurance Crime Bureau said the bill would expand the definition of a fraudulent insurance act to cover statements that misrepresent the scope of property damage or repair costs, with the goal of addressing inflated storm-damage claims and out-of-state bad actors. Members discussed whether existing prosecutors were already handling these cases, the role of Commonwealth’s attorneys versus the Attorney General, and the need to keep the bill narrowly tailored to criminal intent rather than negligence or ordinary disputes over value. The committee substitute was adopted, the bill received favorable expression, and a title amendment was also adopted. The committee then heard Senate Bill 18, which would address a shortage of insurance options for automobile dealers by allowing nonadmitted carriers to provide garage liability coverage in Kentucky. Testimony from an insurance agent and a legislative agent for Big I Kentucky described a shrinking market in which some small dealers cannot find coverage at all, risking closure. Members asked about the meaning of garage liability, consumer protections, solvency concerns, and whether more competition could lower prices; witnesses said surplus lines carriers already operate in Kentucky, agents play an important vetting role, and errors-and-omissions coverage would apply to the agent. The bill was supported as a way to preserve dealer businesses and expand coverage options, and it passed the committee with favorable expression after roll call.

Transcript Highlights:

• certain benefits to them since they're dealing with the same thing that everybody else is doing with inflation
• It doesn't seem to impact the unfunded liability, as we know, was going down.
• to manage expectations, I don't know that we would be providing, like, fiscal estimates or budget impacts
• I don't know that we would be providing, like, fiscal estimates or budget impacts in September just based
• But I do want to see what the impact of a potential holiday would do in history is the best place to

Committee: Joint Select Committee on Pension Policy

Summary: The committee approved the May minutes by roll call vote and then received brief updates from the Attorney General’s office and the Office of the State Actuary. The AG’s office said it would handle legal analysis related to the committee’s work, while the actuary reported that staff were at capacity this summer due to annual valuation work, experience studies, and other retirement system projects, but would have more capacity in the fall. Members also requested access to fiscal note and actuarial materials related to the LEOFF 1 study and related legislation. The main discussion focused on the LEOFF 1 study, including actuarial funding, a proposed merger/termination/restatement approach, and the possibility of a permanent COLA for Plan 1 members. Several members supported keeping COLA recommendations in the committee’s work, while others raised concerns about whether merging or restating plans could affect benefits, legal status, or IRS tax treatment. The actuary explained that the temporary pause in certain funding rates reflected prior overfunding buffers and assumptions about future investment returns, and said future base-rate funding could still be needed depending on experience. Members also discussed constituent correspondence, which staff said largely fell into four categories: the LEOFF 1 study, Plan 1 benefits and COLAs, fossil fuel divestment, and ESSB 5357. The committee agreed that divestment concerns are more appropriately directed to the State Investment Board, not this committee. In reviewing the draft interim work plan, members added or adjusted several topics for future meetings, including a July educational briefing on LEOFF 1 history and tax/IRS issues, a September discussion of COLAs, and a December placeholder for excess compensation/pension spiking, pending coordination with the LEOFF 2 Board. The committee then approved the July agenda and adjourned.

Transcript Highlights:

• If you have a $100,000 claim, it doesn't impact you at all.
• If you have a $100,000 claim, it doesn't impact you at all. Exactly.
• And when we make laws that require them to do more, it's going to have an impact.
• and how that would impact their schedule?
• It would impact the time spent within the schedules. Is that right?

Summary: The House approved the journal and recognized several special guests and departing staff before moving to bills on perfection and printing. House Bill 2636, the Mortgage Modification Act, was explained as a banking measure to keep a first mortgage in first position when modified, and it received bipartisan support and was ordered perfected and printed. House Bill 1718, dealing with sovereign immunity caps and the inflation factor under section 537.610, was also advanced after questions about whether the cap should be measured at the time of injury or judgment; the sponsor said the bill would use the injury date and that trial attorneys were the main opposition. House Bills 2120 and 1698, combined as an anti-bullying measure known as Sawyer’s Law, were then taken up and advanced after extensive debate. The bill would require prompt reporting and investigation of bullying, reporting to administrators and school boards, and protections for staff and schools acting under the policy. An amendment from the Lady from Boone sought to remove zero-tolerance references, limit identifying information in reports, and give school boards more flexibility, but it failed on a voice vote. Supporters of the bill cited tragic bullying cases and argued schools need stronger reporting and accountability; opponents of the amendment and some speakers warned about due process, school board overreach, and potential liability. House Bill 2748, requiring daily physical activity for students, was then brought up with an amendment that would remove the emergency clause, delay implementation, and specify weekly activity minutes and how some activity time could count toward class requirements; members debated scheduling, teacher workload, and whether the proposal would reduce instructional time, but the discussion was still ongoing at the end of the transcript.

Transcript Highlights:

• Borrowing money creates inflation.
• Borrowing money creates inflation.
• Borrowing money creates inflation.
• </c> uh impact on this current budget year. uh impact on this current budget year.
• </c> Arguably, it impacts our crime. It impacts our education. It impacts our healthcare.

Transcript Highlights:

• Again, that has downstream impacts on our healthcare delivery system.
• It was not impacted by the changes in the One Big Beautiful Bill.
• To the next slide, 14, we need to address the impact of the recent federal cuts.
• We believe there is no direct impact; it's the indirect impacts that are currently unknown.
• They will not include any impacts on providers from the expiring ACA credits.

Committee: House Legislative Health & Human Services Committee

Transcript Highlights:

• </c><00:45:51.680><c> by</c> across uh those that were impacted by across uh those that were impacted
• </c><00:46:21.040><c> of</c> other people assess the the impact of other people assess the the impact
• Uh, that it was not of an impact that really impacted the budget at all.
• Uh, that it was not of an impact that really impacted the budget at all.
• Uh, that it was not of an impact that really impacted the budget at all.

Bills: HF2431 , HF2438 , HF2783 , HF1943

Committee: House Ways and Means

Transcript Highlights:

• If we increase the visibility of that enforcement, it does make an impact. We know it does.
• So there's also an impact from the Secretary of the Interior as well.
• It's a higher threshold for their impacts. And, yeah. Any further questions? And yeah.
• There was no fiscal impact, and it's the bill as it was referred to committee.
• The fiscal impact would be one time to the Department of Licensing of $110,000.

Bills: SJM8016 , SB6230 , SB5234 , SB6081 , SB6265 , SB6170 , SB6131 , SB6155 , SB6176 , SB6238 , SB6253 , SB6311 , SB6032 , SB6262

Committee: Senate Transportation

Keywords: bridge repair, infrastructure, emergency funding, transportation, public safety, cash transactions, pennies, currency, economic efficiency, financial regulation, snowmobile, snowmobile registration, vehicle registration fees, registration fee, Department of Licensing, DOL, recreational vehicles, winter recreation, vintage snowmobile, parks and recreation

Transcript Highlights:

• Okay, so we all know about the issue of inflation in our economy, but the issue of inflation has affected
• fees to fund... ...that in the lower-market communities that are more reliant on impact fees to fund
• And a very impactful thing for development.
• Part of our requirements when we're developing codes is that we look at the economic impact.
• Well, we haven't seen a whole lot of impact in the aggregate statistics yet.

Committee: Senate Housing

Summary: The committee heard a series of abbreviated presentations focused on housing supply, transit-oriented development, and redevelopment of underused commercial land. Urban Institute researcher Yona Fremark discussed Washington’s transit-oriented development efforts under HB 1491, saying the state has made progress but faces major feasibility challenges from rising construction costs, higher interest rates, and uneven market conditions. She recommended targeted infrastructure funding for lower-market transit areas, adjusting MFTE/affordability requirements to local conditions, expanding affordable housing resources in high-market areas, tightening density requirements near transit, allowing more joint development on transit agency land, and creating a stronger system to track housing, affordability, demographic change, and access outcomes over time. Senators asked about AMI calculations, labor and immigration effects on construction, and the role of developer input. Dave Anderson of the Department of Commerce outlined implementation of HB 1491, including local government responsibilities for station area designation, zoning, anti-displacement policies, and MFTE updates. He said Vancouver and Spokane are first to implement, with Puget Sound following later, and described Commerce’s timeline for updated MFTE guidance, station-area implementation guidance, a TOD model ordinance, and later rulemaking. He also demonstrated the new Washington Zoning Atlas, a live statewide mapping tool showing zoning, overlays, and station-area geographies, which Commerce said can support analysis by agencies and the public. The committee then heard from Lieutenant Governor Denny Heck and James Rolf on commercial-to-residential redevelopment, who argued that converting vacant or underused commercial sites could produce a large amount of housing, increase tax revenue, and support transit-oriented growth. They identified barriers such as zoning requirements, affordability mandates, infrastructure costs, building code complexity, private covenants, and slow implementation of new laws, and urged by-right residential use on commercial land and faster implementation of housing reforms. The State Building Code Council provided an update on its code cycle and legislative mandates, including minimum dwelling size, emergency shelters, single-exit stairs, and multiplex housing. Council staff said the single-exit and multiplex work is nearing completion and will produce prescriptive solutions, while members discussed whether future legislation might address smaller elevators or more performance-based code approaches. Finally, Dr. Stephen Barrosa of the Washington Center for Real Estate Research reviewed housing affordability trends, noting that higher mortgage rates have sharply reduced homeownership affordability, flattened prices in major cities, and lowered single-family permitting and completions, while apartment vacancy rates have returned to more normal levels. The last presentation came from the Washington State Housing Finance Commission on the Covenant Home Ownership Program, which reported strong first-year results: 547 homebuyers assisted by June 2025, more than $60 million loaned, homes in 22 counties, and nearly 1,000 families assisted by the time of the hearing. The commission also reviewed program eligibility, outreach, and recent legislative changes to income limits and loan forgiveness that were not yet reflected in the first-year report.

Transcript Highlights:

• This will have a definite impact on those employers here in our state.
• The impact of climate change is real. There... The impact of climate change is real.
• It will have a significant impact on our economy. ...saw.
• It will have a significant impact on our economy.
• Those things are very vulnerable to climate impacts.

Transcript Highlights:

• the market impact of the nursing<00:12:29.600><c> home</c><00:12:29.760><c> workforce</c><00:12:30.160
• impact affordability for private<00:12:47.680><c> pay</c><00:12:47.920><c> residents</c><00:12:48.399
• So, this doesn't prevent them from raising over the cost of inflation.
• In addition, House File 1963 includes other vital updates that impact provider viability.
• </c> of wage increases and general inflation. of wage increases and general inflation.

Bills: HF2216 , HF1978 , HF2354 , HF1963 , HF1994 , HF1995 , HF1894

Committee: House Human Services Finance and Policy

Transcript Highlights:

• He said that would have a minimal, de minimis impact on school districts if they divided $5 million by
• He said that would have a minimal, de minimis impact on school districts if they divided $5 million by
• And so then the corpus, even accounting for inflation, would actually grow.
• And so then the corpus, even accounting for inflation, would actually grow.
• And so really taking that interest does impact our general fund. And we cannot do that right now.

Bills: HB2063 , HB2271 , HB2416 , HB2478 , HB2593 , HB2692 , HB2813 , HB2992 , HB2993 , HB4044

Committees: House Appropriations , House House Appropriations Committee of Reference

Keywords: corrections oversight, appropriation, independent office, public safety, funding, firefighters, insurance rates, workers' compensation, firefighter cancer reimbursement, rate deviations, cost analysis, premiums, border security, drug trafficking, human smuggling, law enforcement funding, Arizona, immigration, education reform, K-12

Transcript Highlights:

• What's especially impactful of SB 1003 is the joint application mechanism.
• So the Mitigation Fee Act governs how local jurisdictions impose impact fees, and to charge an impact
• SB 1036 will create a uniform policy that clarifies that impact fees should only be paid on the new impact
• So accounting for inflation and due to the geographic side, 2023, 2024 budget for L.A. County.
• And I want to call attention to... ...that impact AHS, such as labor relations and personnel.

Summary: The committee heard a long agenda of housing, local government, and governance bills, beginning without a quorum and proceeding as a subcommittee until quorum was established. SB 1003, by Senator Grayson, would create an Infrastructure Partnership Financing Program to help local governments and developers fund infill housing infrastructure; supporters said infrastructure costs often prevent projects from penciling out, while a senator questioned whether the state would actually fund the new program. The bill passed the committee 3-1 on call. The committee also adopted a consent calendar covering SB 1169, SB 1086, SB 1126, and SB 1439-1442, also 3-1 on call. SB 1014 would require local jurisdictions to provide early good-faith estimates of on-site and off-site improvements and bar undisclosed later requirements; Habitat for Humanity, SPUR, and housing advocates supported the bill, while the City of San Mateo opposed the preliminary-application timing. Members raised questions about the 30-business-day deadline and coordination with other agencies. The bill passed 4-2 on call. SB 1036, which would require fee credits for prior site uses when redeveloping a site with similar prior uses, drew broad support and no opposition and passed 5-0 on call. SB 1145, a district bill for the Concord Naval Weapons Station reuse project, would streamline CEQA and federal base-closure review for qualifying projects; labor, the city, and county supported it, while housing legal advocates opposed unless amended over Surplus Land Act concerns. The bill passed 6-0 on call after discussion of affordability and enforceability amendments. The committee then heard SB 908, which would streamline permits for energy-code-compliant residential window replacements and limit city/HOA design restrictions; supporters said it would let homeowners and affordable housing providers lower energy costs, while local government groups opposed, citing local control and design standards. It passed 3-1 on call. SB 1172, the Local Tax Savings Act, would add guardrails and transparency to local tax-sharing consultant agreements; the City of Shafter and League of California Cities supported it, and it passed 4-0 on call. SB 1379 would separate the Riverside County Sheriff-Coroner offices and create an independent medical examiner; supporters cited in-custody death rates and public trust concerns, while the sheriff’s association and county representatives opposed on cost and local control grounds. The bill passed 4-1 on call. Finally, SB 1283 would expand streamlined permitting for EV charging stations to include canopies and on-site energy storage systems; EV industry supporters said the bill updates outdated rules, while cities and counties warned about safety review, liability, and litigation risk. Members discussed battery storage safety and local permitting authority, and the bill passed 4-0 on call. The committee also heard SB 1414, which would create an independent redistricting commission for San Bernardino County; supporters argued it would improve transparency and reduce political self-interest, while the county opposed due to its existing advisory commission and estimated implementation costs. The transcript cuts off during questioning on SB 1414, with no final vote shown.

Transcript Highlights:

• And the uh the upper red line inflation.
• And um uh as you can see for inflation.
• Inflation-adjusted figures.
• </c><00:13:58.959><c> adjusted</c> funding inflation adjusted funding inflation adjusted from<00:14:00.959
• </c><00:14:26.320><c> out</c> Again this is we're taking inflation out Again this is we're taking inflation

Summary: The Budget Review Subcommittee on Education met without a quorum, so the minutes were not approved. The main presentation was from retired economics professors John Garren and Dr. Kums, who discussed their Bluegrass Institute research on teacher compensation in Kentucky since the Kentucky Education Reform Act era. They said teacher base salaries, adjusted for inflation, have declined over the last decade, while state-paid “on-behalf” benefits such as pension and health insurance contributions have risen sharply; they argued total teacher compensation has increased modestly overall, but less than per-pupil funding. They also presented broader context on staffing growth, declining average daily attendance, Kentucky’s low share of teachers among total school staff, and flat or weak NAEP and ACT performance trends, including widening white-Black score gaps on NAEP. Members questioned the methodology and interpretation of the compensation figures. Representative Bojanowski argued the on-behalf calculations may overstate teacher compensation because they include insurance and pension costs that also benefit classified employees and retirees, and he asked for clarification on the denominator used to derive the per-teacher amount. Representative Truit said the presentation could be misleading if it implies teachers earn $94,000 in salary, and he objected to framing pension stabilization payments as teacher pay. The presenters responded that they were using total compensation, not salary alone, said they had divided total personnel-related on-behalf payments by the relevant staff count, and promised to review and send a technical explanation. Representative Truit and Chairman Typton both emphasized that compensation should be viewed as salary plus benefits, not salary alone, and noted that pension contributions are part of the cost of employing teachers. The presenters said their intent was to show the full compensation package and its relevance to labor supply and teacher shortages, not to claim that individual teachers earn the total compensation figure as salary. No votes or formal actions were taken beyond the decision to revisit the minutes at a later meeting due to the lack of quorum.

Transcript Highlights:

• A preliminary fiscal note from the Department of Revenue estimates no impact to the state general fund
• Cultural access has also had a major impact on students.
• According to the Department of Revenue, it would impact approximately 450 taxpayers and increase state
• revenues by approximately $25.9 million in the first five years of impacted collections in fiscal year
• According to the Department of Revenue, it would impact approximately 450 taxpayers and increase state

Bills: HB1960 , HB2194 , HB2089

Committee: House Finance

Keywords: HB1960, renewable energy, clean energy, solar, wind, battery storage, energy storage, excise tax, property tax exemption, local investment, county revenue sharing, local taxing districts, school districts, Department of Revenue, Department of Commerce, model ordinance, siting, permitting, tribal consultation, tribal capacity grants

Transcript Highlights:

• Just a quick little anecdote about inflation: during the Biden years, you know, we went up to 8% inflation
• </c><00:42:42.000><c> which</c> know we went up to 8% inflation which know we went up to 8% inflation
• This inflation is alarming.”
• This inflation is alarming.”
• </c><02:19:37.880><c> our</c> this bill would negatively impact our this bill would negatively impact

Summary: The committee first heard testimony on House Bill 437, which would change New Hampshire law on undischarged mortgages by creating a shorter period after which certain old mortgages would be treated as unenforceable. Prime sponsor Representative Bill Boyd said the bill was developed with input from bankers, lawyers, realtors, the Attorney General’s office, and the Banking Department, and he noted a drafting correction needed on line 18. He explained that the proposal would replace current law with a new framework modeled partly on Massachusetts, including a five-year expiration after a stated maturity date and a 35-year period for mortgages without an expiration date. Supporters said the bill would help clear obsolete title defects, reduce costly quiet-title litigation, and make real estate transactions easier for consumers, attorneys, and conveyancers. Representative Mary Hakken-Phillips, Susan Cole of the New Hampshire Association of Realtors, and Michelle Coffin all testified in support, describing the bill as a consumer protection measure. They said undischarged or improperly discharged mortgages often surface during title searches, causing delays, legal expenses, and failed or delayed closings. Coffin and Hakken-Phillips emphasized that many of these cases involve old, effectively obsolete mortgages and that the current process often requires expensive court action even when no one contests the title. Cole described a recent transaction in which a title defect caused a buyer to walk away and later restart the financing process, creating costs for both buyer and seller. A committee member asked about notice to mortgage holders; the response was that the lender bears responsibility for recording and extending the mortgage, and that due process rights would remain if a lender later contested the discharge. Ryan Hill of the New Hampshire Bankers Association said the banking industry had reviewed the bill and was generally comfortable with it, while requesting a delayed effective date so members would have time to adjust their recording practices. He said the bill’s January 1, 2028 effective date reflected that request. After closing the hearing on HB 437, the committee opened a hearing on House Bill 721, the Gold and Silver Legal Tender Act. Representative Juliet Harvey-Bolia introduced it as a bipartisan economic justice bill intended to recognize gold and silver as legal tender, protect against inflation, and address concerns about trust, taxes, and government taking. She argued that gold is a stable store of value and discussed tax treatment in neighboring states, federal history, and digital gold platforms. The hearing on HB 721 was still in progress when the transcript ended, with the chair limiting questions because of time.