Transcript Highlights:

• in Texas that continue collecting tolls long after the original construction costs and associated bond
• When the acquisition and construction costs have been paid and all bonds are either retired or fully
• It would double our revenue, with bonding capacity of $17 million that would allow about $350 million
• of additional revenue bonding capacity, which if you consider that the local, uh, local support for
• County will likely use the fee increase to impose its planned road diet because of their recent road bonds

Transcript Highlights:

• The scope Jay represents the values of Florida was strong family, bonds, cooperation, resilience.
• I am aware where's in some cases where if the financial bonding were, is some of those Sorenson's aand
• There's a there's a performance bond and a maintenance bond that I'm wondering if that is something major
• You know, I'm not a lot of performance and maintenance bond nearly with a municipality or county.

Keywords: 999, senate, all

Transcript Highlights:

• state's credit rating, access to capital, and ability of our various government jurisdictions to issue bonds
• in the two to close a bond sale, and we have not used this authority since it was established in the
• Although a failed bond closing is extremely unlikely and has never occurred for bonds issued by the state
• The bond program has become so large and complex, so any bond cancellation will quickly consume that
• We would like to thank the Assembly for including the affordable housing bond in the budget plan.

Keywords: 988, house, all

Summary: The committee heard a series of May Revision budget items, beginning with the State Controller’s Office. SCO described requests for Fiscal Book of Record stabilization, payroll system implementation, ACFR reporting support, and unclaimed property outreach funding. Members focused on the Fiscal system’s July go-live, the improved timeliness of the ACFR, and the unclaimed property program’s roughly $15 billion balance and outreach efforts. The Department of Finance and LAO raised no major concerns, and the item was closed after discussion of how the new outreach funding would be used. The committee then considered several revenue proposals. Finance presented a proposal to tax pre-written digital software and SaaS, with estimated General Fund gains of $450 million in 2026-27 and $900 million ongoing; LAO suggested broader digital tax changes and a business-use exemption, while industry groups opposed the measure as a tax on essential digital tools. CDTFA also presented an administrative request tied to the software tax, and later a $10 million budget reduction reflecting lower operational needs. The committee then heard a federal conformity proposal for new children’s tax-deferred accounts, which LAO supported, and a proposal to cut the first-year LLC/LP minimum tax from $800 to $400, which Finance said would aid small business formation but LAO argued was poorly targeted and would reduce revenue. Another major item was a permanent business tax credit limitation beginning in 2027, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability. Finance said it would raise about $850 million in 2026-27 and more in later years, while LAO noted it would mainly affect large firms using the R&D credit and could also touch California Competes and other programs. Public testimony split sharply between business groups opposing the cap and advocates supporting it as a progressive revenue measure. The committee also heard FTB’s CalFile realignment proposal, which would retain a smaller staff to continue improving the free filing system and return most of the prior funding to the General Fund. The hearing concluded with the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which brings in about $221,000 to $266,000 annually for arts grants and teacher stipends. Members and advocates supported the item but also urged larger arts funding, including the Performing Arts Equitable Payroll Fund. The Governor’s Office of Business and Economic Development then presented proposals for the California Civic Media Program, CA RISE reappropriation, and a reversion of unused Chips for America facility funds; LAO supported the latter two but was cautious about new civic media spending. Members raised concerns about the civic media program’s scope, including the exclusion of broadcast and the lack of a specific ethnic media set-aside, while GoBiz said funds would begin going out in the fall if approved.

Transcript Highlights:

• state's credit rating, access to capital, and ability of our various government jurisdictions to issue bonds
• in the two To close a bond sale, and we have not used this authority since it was established in the
• Although a failed bond closing is extremely unlikely and has never occurred for bonds issued by the state
• The bond program has become so large and complex, so any bond cancellation will quickly consume that
• We would like to thank the Assembly for including the affordable housing bond in the budget plan.

Summary: The committee opened with the State Controller’s Office May Revision requests, including funding for Fiscal book-of-record stabilization, a Broadcom IDMS licensing adjustment, the California State Payroll System, ACFR reporting automation, and $3 million for unclaimed property outreach. Testimony emphasized progress on Fiscal becoming the state’s accounting book of record in July, faster ACFR publication, and the move to electronic unclaimed property claims. Members asked about the size of the unclaimed property fund and how quickly money is transferred to the General Fund; the Controller’s office said about $15 billion is held, with most excess transferred regularly, and the LAO noted the fund is the General Fund’s fourth-largest revenue source. No concerns were raised by Finance or the LAO, and the item was closed after no public comment. The committee then heard the administration’s proposal to tax prewritten digital software and software-as-a-service, with Finance saying it would modernize sales tax treatment and raise an estimated $450 million General Fund and $560 million local revenue in 2026-27. The LAO supported modernizing the tax but suggested broader digital goods coverage and a business-use exemption; industry and taxpayer groups opposed the proposal, warning of higher costs for consumers and businesses. Members also heard CDTFA’s administrative request tied to the proposal, plus a separate CDTFA budget reduction reflecting lower operational needs; that reduction was presented as a savings item and drew positive reactions. Next, the committee considered federal conformity for “Trump accounts,” which would align California tax treatment with federal rules for tax-deferred children’s accounts and avoid tracking burdens for families. The LAO recommended approval, and the item drew no opposition. The committee also heard a proposal to cut the first-year $800 annual business tax to $400 for LLCs, LPs, and LLPs; Finance argued it would lower startup costs and encourage new business formation, while the LAO said the benefit was not well targeted and could subsidize entities that would form anyway. Members discussed the policy tradeoff, and public commenters split between support for small business relief and concern about revenue loss. The final major revenue item was a permanent business tax credit limitation, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability, while excluding the low-income housing tax credit and personal income tax credits. Finance said it would raise significant revenue from large profitable corporations, and the LAO said it was a reasonable option but noted it would mainly affect the R&D credit and could have future implications for programs like California Competes. Public testimony was sharply divided, with business groups opposing the cap and anti-poverty advocates supporting it as a way to recapture revenue. The committee also heard FTB’s CalFile realignment request, which would return most of the direct-file-related resources to the General Fund while retaining a smaller staff to improve CalFile, and the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which members and advocates supported despite relatively modest annual donations. The hearing continued with GoBiz proposals on civic media funding, CA RISE reappropriation, and a semiconductor facility reversion, with the LAO supporting the latter two and members raising questions about the civic media program’s scope, outreach, and inclusion of broadcast and ethnic media.

Transcript Highlights:

• > the that we could go issue the that we could go issue the securitization<00:30:00.080> bonds
• When the bonds are issued, yes. All right.
• codifies the definition of long-term treatment, as well as a method to calculate the amount of the bond
• <00:57:38.360> calculation and institute a new bond calculation and institute a new bond calculation
• issues affecting bond release and that<01:08:44.720> kind<01:08:45.000> of<01:08:45.080

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:01:28 Introduction of Guests 00:02:08 American Electric Power and Kentucky Power Presentation 00:03:31 SB 89 Discussion 00:53:55 SB 89 Roll Call Vote 01:07:46, 958, all

Summary: The committee met for an initial natural resources hearing with a quorum present and introductory housekeeping, including prayer, roll call, and recognition of guests. Chair Smith outlined ground rules for questions and then invited Kentucky Power and American Electric Power representatives to the table to discuss a proposed plan involving the Mitchell Power Plant and future generation needs in Eastern Kentucky. Witnesses Cindy Wiseman, Alex Vaughn, and AEP CEO Bill Fehrman said the company’s goals are to stabilize and lower rates, reduce rate volatility, and expand generation in the Commonwealth. They explained that Kentucky Power seeks legislative authority to securitize its 50% interest in the Mitchell coal plant, describing securitization as a refinancing mechanism that would lower annual plant costs by about $34 million and help offset roughly one-third of the expected cost of adding new generation in Kentucky. They emphasized that the proposal is not intended to close Mitchell, and said Kentucky Power currently has no plan to divest its interest; the company still needs the plant to serve customers while it pursues additional dispatchable generation in Kentucky. Members pressed the witnesses on the plant’s book value versus fair market value, whether the Mitchell interest had ever been assigned a nominal value, how any divestiture proceeds would be handled, whether Kentucky Power owns Wheeling Power, and how long Mitchell can continue operating. The company said it values Mitchell at net book value for accounting purposes, not fair market value, and explained that Wheeling Power is a separate AEP affiliate and that West Virginia affiliates have already proposed securitization of their share. Witnesses said Kentucky Power’s interest cannot technically operate past 2028 without additional environmental control investment, while the West Virginia side is depreciating through 2040. They also described the financing timeline, saying securitization would require enactment of legislation, a PSC financing order, bond issuance, and then parallel work to acquire or build new generation, with any reinvestment terms to be addressed through the regulatory process.

Transcript Highlights:

• How are the clerks suggesting that a jury bond should be paid?
• That's how you prove that you've, when you sent your bond, your check for your filing.
• When you sent your bond, your check for your filing?
• The problem I have is I'm trying to protect whoever is filing a bond. Yeah, and it makes sense.
• Right, and it may say, it's the time-sensitive nature of the jury bond, so. Yeah.

Keywords: 974, senate, all

Transcript Highlights:

• May their work strengthen the bonds of community and help Maryland remain a home where every person can
• 00:02:37.200> work<00:02:37.360> strengthen<00:02:37.840> the<00:02:38.000> bonds
• <00:02:38.319> of May their work strengthen the bonds of May their work strengthen the bonds
• We have Senate bond initiatives, calendar 26.
• That move so be considered the reading of bond initiatives.

Keywords: Senate streaming session for Thursday, February 19, 2026, 960, senate, all

Summary: The Maryland Senate convened with an invocation by Rabbi David Hland, followed by a series of introductions and recognitions for visiting groups and guests, including Delta Sigma Theta members for Delta Day in Annapolis, Towson High School students, the Maryland Pharmacy Coalition, interns, and other visitors. The Senate adopted a resolution honoring Delta Sigma Theta Sorority, Incorporated Maryland chapters for service, scholarship, sisterhood, and social action, and also journalized the rabbi’s invocation. Several committee and delegation announcements were made, including upcoming bill hearings and voting sessions. On legislation, the chamber handled a number of special-order and third-reading bills. Senate Bill 56 and Senate Bill 99 were both delayed for further amendment work, with SB 99 ultimately amended and ordered printed for third reading. The Senate also received and referred a bond initiative and heard an executive nominations report, with the nominations set for consideration in open session at a later time. During third reading, the Senate passed numerous bills, including measures on mail and service animal program disqualifications, police promotion pay restrictions, counterfeit lease penalties, Motor Vehicle Administration identification card requirements, environmental health specialist board sunset extension, used vehicle bill of sale requirements, collective bargaining for ATC cannabis police officers, transfer-on-death designations for vehicles and vessels, heavy-weight port corridor permits, controllable electronic records, lead paint abatement bonding and insurance, civic excellence in public schools, child pornography penalties, cemetery sale/transfer requirements, tobacco licenses for electronic smoking devices, legal services board membership, Baltimore County Public Library supervisory bargaining, money transmitter definitions, scalp cooling insurance coverage, prosthesis and orthosis coverage, elevator inspection database access, tax increment financing in noncontiguous areas, professional liability disclosure for certain care facilities and midwives, immunity for donation of pet supplies, massage therapy board revisions, and others. One bill drew floor debate: Senate Bill 82, which would increase penalties for counterfeit lease of real property, was opposed by a senator who argued it would disproportionately impact renters and conflict with justice reform goals. Despite that objection, the bill passed. The Senate also changed one recorded vote on Senate Bill 252 from red to green by unanimous consent. Overall, the session was marked by routine passage of a large slate of bills, a few postponements for amendment negotiation, and several ceremonial recognitions and announcements.

Transcript Highlights:

• most of that has been reversed through local government action, I refer specifically to rate hikes, bond
• And they chose, rather than going out and having bond issues all the time, to dedicate a big chunk of
• that sales tax to pay off all the bonds and not borrow anymore.
• Other than the bonds that we did for roads. Yeah, and the same offer will go.
• So if your voters approved a bond, the state law allows you to collect taxes to pay off those bonds.

Bills: SB9

Keywords: property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap, tax rollback, tax levy, maintenance and operations, debt rate, disaster relief rate, Texas Legislature, local taxing unit

Summary: The Senate Committee on Local Government met to hear Senate Bill 9, which would lower the voter-approval tax rate for certain local taxing units from 3.5% to 2.5%. Sen. Bettencourt, the bill author, argued the change would continue the state’s property tax reforms begun in 2019, slow local levy growth, and give voters more say over larger tax increases. He and supporters cited data showing property tax levies have grown faster than population plus inflation, and said the bill would help protect taxpayers while preserving the state’s broader investments in school tax relief, water, rural law enforcement, and ambulance funding. Supporters included the Texas Taxpayers and Research Association, the Texas Association of Business, the Texas Public Policy Foundation, and the Texas Association of Manufacturers. They said the bill would improve transparency, encourage more disciplined budgeting, and create certainty for homeowners and businesses. They argued that lower tax-rate growth would help attract and retain employers and investment, and that voters would still be able to approve higher rates when needed. Local officials and other opponents said the bill would constrain cities and counties facing rapid growth, inflation, infrastructure needs, and public safety costs. Testimony from county judges, city finance officials, firefighters, and urban county representatives emphasized pressures from jail operations, roads, water, EMS, police and fire staffing, and unfunded mandates. Several witnesses asked for carve-outs or exemptions for public safety and disaster-related costs, warning that a one-size-fits-all cap could force service cuts or shift costs elsewhere. The committee heard extensive questioning but no final vote or disposition on the bill was taken in the portion provided.

Transcript Highlights:

• They get a bond set. All that stuff is done within usually 24 hours.
• If you have been arraigned and have a bond set, and if you don't get bond, if you do not bond out, then
• So I could actually be no-billed 90 days later, but I couldn't afford bond.
• And the bond is set. At that point, the right to counsel should attach.
• You're charged with a low-level crime, but you can't afford bond to bond out.

Keywords: 1184, house, all

Transcript Highlights:

• Hiko still is in junk bond status. Last year, you begged us to give thing to do at that time.
• Hiko still is in junk bond pay for.
• Hiko still is in junk bond status.<00:55:50.400> Last<00:55:50.640> year,<00:55:50.799>
• Um, so our financial rating has improved a bit. >> You're still in junk bond status.
• The fact of the matter is you're still in junk bond status.

Bills: SB3326, SB2911

Keywords: renewable energy, energy storage, cost reduction, public utilities commission, Hawaii energy policies, intoxicating liquor, direct shipment, breweries, distilleries, Hawaii, 912, senate, all

Summary: The committees heard SB 3001 on artificial intelligence in a joint Commerce and Consumer Protection/Labor and Technology hearing. Testimony included support from the Department of Education and Google, comments from the Office of Consumer Protection and the Attorney General’s office, and late opposition from Agentic LLC. The Attorney General raised constitutional and vagueness concerns and suggested clarifying amendments, while Google said the bill’s risk-based approach and proposed amendments could help establish industry-wide safety standards for minors. The committees recessed and then voted to pass SB 3001 with amendments, adopting DCCA/OCP recommendations on data minimization for minors and UDAP clarity, the Attorney General’s proposed clarifications and deletions, and Google’s nonconflicting amendments; the effective date was deferred to July 1, 2050. The vote passed unanimously among members present, with some members excused. The Commerce and Consumer Protection committee then took up several previously heard measures in decision-making. SB 2045 on combat sports passed with amendments reflecting DCCA and boxing commission recommendations, including clarifying the on-site medical professional requirement, reporting duties, promoter payment, removal of the combat sports registry and ambulance requirement, and other technical changes; the effective date was deferred to July 1, 2050. SP 2347 on the residential landlord-tenant code passed with amendments striking landlord requirements so OCP could work on a multilingual tenant-rights notice, and SP 2495 on consumer protection passed with amendments requiring OCP to publish an annual report on potential code violations. SB 2777 on insurance was deferred to February 17, 2026 for further decision-making. At a later CPN decision-making agenda, SB 2471 and SB 2829, both relating to the powers of artificial persons, passed with amendments clarifying the preamble, removing language about foreign artificial persons, and making other consistency and non-substantive changes; both effective dates were moved to January 1, 2027. SP 2033 on renewable energy also passed with amendments clarifying the definition of grid-ready homes, cost-sharing provisions, applicability to interconnecting customers, and safety/certification compliance, with the effective date deferred to July 1, 2050. In each case, the committee voted to adopt the recommendations without objections from members present. The committees also heard SB 3000 on insurance, which would authorize the Attorney General to bring civil actions to recover costs and losses tied to climate-attributable harm and future climate risk, including costs incurred by state insurance-related entities. The Insurance Division and Attorney General’s office offered comments seeking clarification and warning about redundancy, implementation issues, possible representation of private insurers, and concurrent litigation concerns. Supporters, including the Center for Climate Integrity, a resident testifier, Sierra Club, and Green America, argued the bill would help shift insurance costs to fossil fuel companies responsible for climate harms and address rising premiums and nonrenewals in Hawaii. Opponents, including the American Petroleum Institute, argued the bill singled out one industry, raised constitutional concerns, and should be deferred because related climate litigation is already pending. The transcript ends with the committee continuing testimony and discussion on SB 3000 and then moving into SB 3326 on energy, where the consumer advocate and Hawaiian Electric opposed the bill’s proposed separation of generation from transmission and distribution, while the PUC stood on written testimony, Retail Merchants of Hawaii supported it, and Life of the Land raised concerns about assumptions and the need for more substance.

Transcript Highlights:

• state bond, which we will be doing as we move forward.
• Assembly Bill 48 aims to improve facilities at community colleges and universities by providing bond
• Additionally, the bond would add student housing as an allowable bond expenditure to address the student
• Additionally, the bond would add student housing as an allowable bond expenditure to address student
• The university last received state bond funds in 2006 as part of Prop 1D and is not receiving funding

Summary: The committee hearing covered several higher education bills, with extensive testimony on student aid, affordability, and institutional debt. AB 587 would add veteran representation to the California Student Aid Commission; the author said the change would bring lived experience from the veteran community to student aid policy, and members raised a concern about keeping the commission’s membership odd-numbered, which the author said would be addressed by amendment. AB 791 would standardize cost-of-attendance housing calculations using objective data and improve notice of the adjustment process; supporters said current budgets often underestimate students’ real living costs, while UC, CSU, and independent colleges opposed or had concerns about the bill’s prescribed methodology, fiscal impact, and a 14-day turnaround for adjustments. AB 850 would create a one-term grace period for students with institutional debt to re-enroll while arranging repayment, bar reporting that debt to credit agencies, and require more transparency; proponents described students being blocked from continuing school over debts, while CSU, UC, and private-college representatives said they already use holds and payment plans and worried about added liabilities and budget pressures. AB 537 would extend the California College Promise Program to part-time community college students; supporters said most community college students attend part-time and should not be excluded from fee waivers, while the committee noted fiscal concerns but ultimately advanced the bill. AB 7 would allow universities to consider whether an applicant is a descendant of American chattel slavery in admissions as a reparative measure; supporters framed it as lineage-based reparative justice, while opponents argued it would function as a racial proxy and conflict with Proposition 209 and equal-protection principles. The committee took roll-call votes on the measures, advancing AB 587, AB 791, AB 850, and AB 537 to Appropriations, with AB 850 and AB 537 receiving fewer votes and the roll left open for additional members.

Transcript Highlights:

• Last year, our initial bond proposal received 42%.
• Last year, our initial bond center.
• Last year, our initial bond proposal<00:37:20.960> received<00:37:21.880> 42%.
• So we would be looking at a ballot of about $4 million for a local bond, and, again, as commissioner
• It's it's fish and general fund bonding. It's it's fish and game<00:44:54.880> funds.

Keywords: 928, house, all

Summary: The committee heard testimony on proposed improvements to the State Police gun range and related Public Works estimates. Department of Safety Commissioner Robert Quinn and Major Brendan Davy explained that the range is used for realistic, scenario-based training that includes vehicle work, movement, cover, elevation, and stress inoculation, and that it also supports requalification and special unit training for state, local, and federal partners. They said the current facility lacks running water, continuous power, and permanent restrooms, and that the PSTC range cannot accommodate rifles because its backstop is handgun-caliber only. Public Works Director Theodore Copper said the project estimate is $2.3 million, including $1.5 million for the building and site work plus soft costs, inflation, and design fees; he described the proposed building as basic, with office space, classrooms, restrooms, and HVAC. Committee members asked about the cost and scope, and Copper provided a breakdown of the estimate. The committee also heard from Commissioner Edelblute and Milford School District Superintendent Christy Misho regarding career and technical education capital funding. Edelblute urged the committee to include $10 million for the Milford CTE project, saying the district had reduced the scope after a prior bond vote and that the project would support high-demand workforce programs. Misho said Milford’s initial bond vote received 42 percent and the revised proposal received 56 percent, short of the 60 percent needed, but that the community still supports the project; she said the district plans to move forward with a CTE-only ballot and a smaller local bond. Committee members expressed concern about holding state funds for a project that has not yet won local approval, but said the request would be taken under advisement. In work session action, the committee corrected a prior vote on the Market Street Marine Terminal warehouse removal and office replacement project, increasing the appropriation by $353,300 to $1,973,300 and raising the agency subtotal to $4,155,300. The committee also accepted a motion to add $1.8 million for the community college system, including $1.3 million for critical maintenance and $500,000 for an energy management system. The committee then discussed a Fish and Game request for a $350,000 backhoe, with members debating whether it should be funded with general funds or other funds and whether the cost was excessive; no final objection was recorded in the portion provided. Later discussion also referenced the new parking garage project, with staff saying it is expected to be operational in March 2026 and fully completed by May or June 2026, with 409 spaces and a mix of assigned and open parking.

Transcript Highlights:

• And the maybe the bonds could be corporate bonds.
• be bonds be bonds if<01:35:37.360> not<01:35:37.520> just<01:35:37.679> real
• <01:35:43.120> It<01:35:43.360> could bonds could be corporate bonds.
• It could bonds could be corporate bonds.
• So, it's not a municipal bond.

Keywords: 1189, house, all

Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.

Transcript Highlights:

• It also directs municipalities to provide public notice on any voter-approved municipal bond project
• relocation costs from that bond aren't being borne by the customer.
• by the project that went out to bond.
• One, we're not being notified that the project we're doing is a result of a bond.
• Instead, we'll just restore that language to focus it on bond-funded project relocations.

Keywords: 1182, all

Transcript Highlights:

• debt obligations of principal on bonded debt obligations of principal on bonded debt obligations of
• issued pursuant to the on bonds issued pursuant to the on bonds issued pursuant to the authorization
• payment during fiscal year 2026 on bonds payment during fiscal year 2026 on bonds issued pursuant to
• In the event any of the above bonds are refunded or new general bonds are refunded or new general bonds
• bonds are issued, debt service on these newly issued bonds may service on these newly issued bonds may

Bills: SJR 59, SCR 30, SCR 46, SB 31, SB 127, SB 324, SB 401, SB 407, SB 467, SB 482, SB 506, SB 529, SB 584, SB 619, SB 636, SB 646, SB 647, SB 659, SB 715, SB 732, SB 735, SB 771, SB 784, SB 800, SB 801, SB 816, SB 1013, SB 1026, SB 1049, SB 1055, SB 1065, SB 1137, SB 1169, SB 1181, SB 1383, SB 1395, SB 1410, SB 1433, SB 1524, SB 1531, SB 1568, SB 1640, SB 1666, SB 1681, SB 1718, SB 1754, SB 1757, SB 1972, SB 1980, SB 2004, SB 2007, SB 2041, SB 2046, SB 2050, SB 2075, SB 2076, SB 2154, SB 2173, SB 2206, SB 2225, SB 2253, SB 2268, SB 2306, SB 2308, SB 2314, SB 2322, SB 2330, SB 2351, SB 2366, SB 2371, SB 2392, SB 2398, SB 2476, SB 2533, SB 2540, SB 2544, SB 2589, SB 2610, SB 2623, SB 2660, SB 2662, SB 2693, SB 2707, SB 2717, SB 2722, SB 2742, SB 2753, SB 2779, SB 2807, SB 2843, SB 2844, SB 2858, SB 2877, SB 2880, SB 2885, SB 2920, SB 2938, SB 2986, HJR 4, HCR 35, SJR 3, SJR 18, SB 5, SB 260, SB 1786, SB 914, SB 963, SB 1197, SB 1415, SB 1437, SJR 36, SJR 50, SJR 63, SJR 84, SJR 59, SCR 12, SCR 39, SCR 46, SCR 48, SCR 19, SCR 30, SCR 3, SB 2023, SB 1433, SB 2322, SB 2877, SB 407, SB 1718, SB 1395, SB 62, SB 666, SB 847, SB 284, SB 854, SB 1073, SB 810, SB 1505, SB 583, SB 1502, SB 507, SB 1026, SB 1434, SB 1376, SB 1585, SB 1772, SB 2016, SB 1163, SB 619, SB 1122, SB 732, SB 731, SB 397, SB 508, SB 1436, SB 287, SB 261, SB 1882, SB 393, SB 1791, SB 529, SB 209, SB 2429, SB 1999, SB 511, SB 2309, SB 510, SB 2253, SB 584, SB 1085, SB 2314, SB 2046, SB 1975, SB 2717, SB 1262, SB 1524, SB 1137, SB 636, SB 2056, SB 884, SB 517, SB 1200, SB 1410, SB 1845, SB 1863, SB 2681, SB 2200, SB 2199, SB 1757, SB 2050, SB 2458, SB 2201, SB 1055, SB 2660, SB 2662, SB 1065, SB 801, SB 2533, SB 3014, SB 3013, SB 758, SB 647, SB 1721, SB 2268, SB 2366, SB 1013, SB 2797, SB 2371, SB 2383, SB 646, SB 1169, SB 1754, SB 2779, SB 2004, SB 2119, SB 2448, SB 1777, SB 1283, SB 2392, SB 2076, SB 2786, SB 2876, SB 2284, SB 2225, SB 1540, SB 2920, SB 2929, SB 1972, SB 2540, SB 2742, SB 2595, SB 2217, SB 715, SB 2330, SB 1383, SB 500, SB 1640, SB 2001, SB 2080, SB 2722, SB 506, SB 2514, SB 2623, SB 2753, SB 2398, SB 1241, SB 2927, SB 2173, SB 2538, SB 898, SB 467, SB 1449, SB 2529, SB 1531, SB 2846, SB 2476, SB 986, SB 1181, SB 2075, SB 2154, SB 2864, SB 31, SB 2880, SB 1359, SB 2386, SB 771, SB 2844, SB 2550, SB 1351, SB 1423, SB 1931, SB 2245, SB 2589, SB 2707, SB 2807, SB 2351, SB 410, SB 659, SB 816, SB 2776, SB 2693, SB 2580, SB 1980, SB 1886, SB 1234, SB 739, SB 482, SB 456, SB 127, SB 1666, SB 2843, SB 2801, SB 800, SB 2055, SB 784, SB 2986, SB 735, SB 1012, SB 324, SB 2926, SB 2938, SB 2007, SB 2138, SB 1242, SB 2615, SB 1049, SB 2310, SB 1224, SB 2972, SB 1568, SB 2841, SB 2885, SB 3016, SB 2858, SB 2610, SB 2139, SB 1856, SB 2035, SB 2308, SB 2306, SB 2041, SB 1528, SB 1681, SB 1141, SB 2401, SB 2530, SB 2375, SB 547, SB 1266, SB 1373, SB 1467, SB 2069, SB 2269, SB 2480, SB 2544, SB 672, SB 904, SB 2695, SB 2891, SB 2422, SB 2543, SB 1854, SB 317, SB 2539, SB 2532, SB 2925, SB 1250, SB 2082, SB 2203, SB 457, SB 2357, HJR 4, HB 135, HB 1109, HCR 35, HCR 64, SB 2721, SB 243, SB 1285, SB 2568, SB 1959, SB 1442, SB 1454, SB 2520, SB 2541, SB 1708, SB 1237, SB 1844, SB 1586, SB 1, SB 260, SB 31, SB 467, SB 482, SB 647, SB 732, SB 816, SB 1055, SB 1137, SB 1169, SB 2004, SB 2253, SB 2268, SB 2314, SB 2351, SB 2371, SB 2623, SB 2722, SB 2779, SB 2920, HJR 4, SB 407, SB 1395, SB 1433, SB 1718, SB 2322, SB 2877, SB 619, SB 646, SB 1026, SB 2742, SB 2880, SR 443, SR 449, SR 456, SR 460, SR 465, SCR 46, SB 260, SB 3062, HJR 8, HJR 31, HJR 72, HJR 99, HJR 133, HB 29, HB 33, HB 50, HB 107, HB 116, HB 125, HB 140, HB 141, HB 155, HB 171, HB 227, HB 255, HB 363, HB 368, HB 491, HB 609, HB 630, HB 745, HB 767, HB 913, HB 917, HB 1135, HB 1188, HB 1238, HB 1242, HB 1261, HB 1318, HB 1404, HB 1495, HB 1507, HB 1606, HB 1708, HB 1748, HB 1851, HB 1922, HB 2002, HB 2003, HB 2198, HB 2355, HB 2358, HB 2415, HB 2457, HB 2495, HB 2546, HB 2637, HB 2763, HB 2765, HB 2798, HB 2818, HB 3228, HB 3307, HB 4116, HCR 29, SB 1410, SB 3062, HJR 8, HJR 31, HJR 72, HJR 99, HJR 133, HB 29, HB 33, HB 50, HB 107, HB 116, HB 125, HB 140, HB 141, HB 155, HB 171, HB 227, HB 255, HB 363, HB 368, HB 491, HB 609, HB 630, HB 745, HB 767, HB 913, HB 917, HB 1135, HB 1188, HB 1238, HB 1242, HB 1261, HB 1318, HB 1404, HB 1495, HB 1507, HB 1606, HB 1708, HB 1748, HB 1851, HB 1922, HB 2002, HB 2003, HB 2198, HB 2355, HB 2358, HB 2415, HB 2457, HB 2495, HB 2546, HB 2637, HB 2763, HB 2765, HB 2798, HB 2818, HB 3228, HB 3307, HB 4116, HCR 29, SB 1410

Keywords: education funding, Texas State Technical College System, capital projects, infrastructure, higher education, Birding Capital, Matagorda County, wildlife, conservation, Texas Legislature, Texas beef, cattle industry, agricultural heritage, Texas strip steak, economic growth, SB 31, Life of the Mother Act, Texas abortion law, medical emergency, reasonable medical judgment

Transcript Highlights:

• debt obligations of principal on bonded debt obligations of principal on bonded debt obligations of
• issued pursuant to the on bonds issued pursuant to the on bonds issued pursuant to the authorization
• payment during fiscal year 2026 on bonds payment during fiscal year 2026 on bonds issued pursuant to
• In the event any of the above bonds are refunded or new general bonds are refunded or new general bonds
• bonds are issued, debt service on these newly issued bonds may service on these newly issued bonds may

Bills: SJR 59, SCR 30, SCR 46, SB 31, SB 127, SB 324, SB 401, SB 407, SB 467, SB 482, SB 506, SB 529, SB 584, SB 619, SB 636, SB 646, SB 647, SB 659, SB 715, SB 732, SB 735, SB 771, SB 784, SB 800, SB 801, SB 816, SB 1013, SB 1026, SB 1049, SB 1055, SB 1065, SB 1137, SB 1169, SB 1181, SB 1383, SB 1395, SB 1410, SB 1433, SB 1524, SB 1531, SB 1568, SB 1640, SB 1666, SB 1681, SB 1718, SB 1754, SB 1757, SB 1972, SB 1980, SB 2004, SB 2007, SB 2041, SB 2046, SB 2050, SB 2075, SB 2076, SB 2154, SB 2173, SB 2206, SB 2225, SB 2253, SB 2268, SB 2306, SB 2308, SB 2314, SB 2322, SB 2330, SB 2351, SB 2366, SB 2371, SB 2392, SB 2398, SB 2476, SB 2533, SB 2540, SB 2544, SB 2589, SB 2610, SB 2623, SB 2660, SB 2662, SB 2693, SB 2707, SB 2717, SB 2722, SB 2742, SB 2753, SB 2779, SB 2807, SB 2843, SB 2844, SB 2858, SB 2877, SB 2880, SB 2885, SB 2920, SB 2938, SB 2986, HJR 4, HCR 35, SJR 3, SJR 18, SB 5, SB 260, SB 1786, SB 914, SB 963, SB 1197, SB 1415, SB 1437, SJR 36, SJR 50, SJR 63, SJR 84, SJR 59, SCR 12, SCR 39, SCR 46, SCR 48, SCR 19, SCR 30, SCR 3, SB 2023, SB 1433, SB 2322, SB 2877, SB 407, SB 1718, SB 1395, SB 62, SB 666, SB 847, SB 284, SB 854, SB 1073, SB 810, SB 1505, SB 583, SB 1502, SB 507, SB 1026, SB 1434, SB 1376, SB 1585, SB 1772, SB 2016, SB 1163, SB 619, SB 1122, SB 732, SB 731, SB 397, SB 508, SB 1436, SB 287, SB 261, SB 1882, SB 393, SB 1791, SB 529, SB 209, SB 2429, SB 1999, SB 511, SB 2309, SB 510, SB 2253, SB 584, SB 1085, SB 2314, SB 2046, SB 1975, SB 2717, SB 1262, SB 1524, SB 1137, SB 636, SB 2056, SB 884, SB 517, SB 1200, SB 1410, SB 1845, SB 1863, SB 2681, SB 2200, SB 2199, SB 1757, SB 2050, SB 2458, SB 2201, SB 1055, SB 2660, SB 2662, SB 1065, SB 801, SB 2533, SB 3014, SB 3013, SB 758, SB 647, SB 1721, SB 2268, SB 2366, SB 1013, SB 2797, SB 2371, SB 2383, SB 646, SB 1169, SB 1754, SB 2779, SB 2004, SB 2119, SB 2448, SB 1777, SB 1283, SB 2392, SB 2076, SB 2786, SB 2876, SB 2284, SB 2225, SB 1540, SB 2920, SB 2929, SB 1972, SB 2540, SB 2742, SB 2595, SB 2217, SB 715, SB 2330, SB 1383, SB 500, SB 1640, SB 2001, SB 2080, SB 2722, SB 506, SB 2514, SB 2623, SB 2753, SB 2398, SB 1241, SB 2927, SB 2173, SB 2538, SB 898, SB 467, SB 1449, SB 2529, SB 1531, SB 2846, SB 2476, SB 986, SB 1181, SB 2075, SB 2154, SB 2864, SB 31, SB 2880, SB 1359, SB 2386, SB 771, SB 2844, SB 2550, SB 1351, SB 1423, SB 1931, SB 2245, SB 2589, SB 2707, SB 2807, SB 2351, SB 410, SB 659, SB 816, SB 2776, SB 2693, SB 2580, SB 1980, SB 1886, SB 1234, SB 739, SB 482, SB 456, SB 127, SB 1666, SB 2843, SB 2801, SB 800, SB 2055, SB 784, SB 2986, SB 735, SB 1012, SB 324, SB 2926, SB 2938, SB 2007, SB 2138, SB 1242, SB 2615, SB 1049, SB 2310, SB 1224, SB 2972, SB 1568, SB 2841, SB 2885, SB 3016, SB 2858, SB 2610, SB 2139, SB 1856, SB 2035, SB 2308, SB 2306, SB 2041, SB 1528, SB 1681, SB 1141, SB 2401, SB 2530, SB 2375, SB 547, SB 1266, SB 1373, SB 1467, SB 2069, SB 2269, SB 2480, SB 2544, SB 672, SB 904, SB 2695, SB 2891, SB 2422, SB 2543, SB 1854, SB 317, SB 2539, SB 2532, SB 2925, SB 1250, SB 2082, SB 2203, SB 457, SB 2357, HJR 4, HB 135, HB 1109, HCR 35, HCR 64, SB 2721, SB 243, SB 1285, SB 2568, SB 1959, SB 1442, SB 1454, SB 2520, SB 2541, SB 1708, SB 1237, SB 1844, SB 1586, SB 1, SB 260, SB 31, SB 467, SB 482, SB 647, SB 732, SB 816, SB 1055, SB 1137, SB 1169, SB 2004, SB 2253, SB 2268, SB 2314, SB 2351, SB 2371, SB 2623, SB 2722, SB 2779, SB 2920, HJR 4, SB 407, SB 1395, SB 1433, SB 1718, SB 2322, SB 2877, SB 619, SB 646, SB 1026, SB 2742, SB 2880, SR 443, SR 449, SR 456, SR 460, SR 465, SCR 46, SB 260, SB 3062, HJR 8, HJR 31, HJR 72, HJR 99, HJR 133, HB 29, HB 33, HB 50, HB 107, HB 116, HB 125, HB 140, HB 141, HB 155, HB 171, HB 227, HB 255, HB 363, HB 368, HB 491, HB 609, HB 630, HB 745, HB 767, HB 913, HB 917, HB 1135, HB 1188, HB 1238, HB 1242, HB 1261, HB 1318, HB 1404, HB 1495, HB 1507, HB 1606, HB 1708, HB 1748, HB 1851, HB 1922, HB 2002, HB 2003, HB 2198, HB 2355, HB 2358, HB 2415, HB 2457, HB 2495, HB 2546, HB 2637, HB 2763, HB 2765, HB 2798, HB 2818, HB 3228, HB 3307, HB 4116, HCR 29, SB 1410, SB 3062, HJR 8, HJR 31, HJR 72, HJR 99, HJR 133, HB 29, HB 33, HB 50, HB 107, HB 116, HB 125, HB 140, HB 141, HB 155, HB 171, HB 227, HB 255, HB 363, HB 368, HB 491, HB 609, HB 630, HB 745, HB 767, HB 913, HB 917, HB 1135, HB 1188, HB 1238, HB 1242, HB 1261, HB 1318, HB 1404, HB 1495, HB 1507, HB 1606, HB 1708, HB 1748, HB 1851, HB 1922, HB 2002, HB 2003, HB 2198, HB 2355, HB 2358, HB 2415, HB 2457, HB 2495, HB 2546, HB 2637, HB 2763, HB 2765, HB 2798, HB 2818, HB 3228, HB 3307, HB 4116, HCR 29, SB 1410

Keywords: education funding, Texas State Technical College System, capital projects, infrastructure, higher education, Birding Capital, Matagorda County, wildlife, conservation, Texas Legislature, Texas beef, cattle industry, agricultural heritage, Texas strip steak, economic growth, SB 31, Life of the Mother Act, Texas abortion law, medical emergency, reasonable medical judgment

Transcript Highlights:

• affidavit, to provide for cancellation of an appointment if the bail bond producer fails to satisfy
• all forfeitures and judgments on prior bonds, to provide for reappointments, to provide for appeals,
• Members, SB 276 creates some front-end accountability for a bail bond producer, and it obtains a new
• appointment when they... for a bail bond producer and it obtains a new appointment when they obtain a
• Adams with Louisiana bail bond underwriters.

Keywords: 965, house, all

Transcript Highlights:

• affidavit, to provide for cancellation of an appointment if the bail bond producer fails to satisfy
• all forfeitures and judgments on prior bonds, to provide for reappointments, to provide for appeals,
• Members, HB 276 creates some front-end accountability for a bail bond producer, and it obtains a new
• appointment when they... for a bail bond producer, and it obtains a new appointment when they obtain
• Adams with Louisiana bail bond underwriters.

Summary: The House Insurance Committee met on May 19 and first took up Senate Bill 509 on bank-owned life insurance. The bill would clarify that banks retain an insurable interest in former employees for purposes of exchanging underperforming bank-owned life insurance policies for better-performing ones. Members adopted a revised amendment set after withdrawing a prior version. Testimony focused heavily on whether consent from the insured former employee is required for any transfer or exchange, with supporters saying the bill is needed to address underperforming policies and opponents warning about unclear consent standards, data-transfer concerns, litigation risk, and possible federal tax issues. After debate, the committee reported SB 509 as amended by a 7-4 vote. The committee then heard Senate Bill 295, which requires health insurance coverage for medically necessary treatment for persons with acquired brain injuries, including cognitive rehabilitation and related services. Supporters from the Brain Injury Association of Louisiana and NeuroRestorative described gaps in post-acute care, high rates of discharge to unsafe home settings or nursing homes, and improved return-to-work outcomes when patients receive appropriate rehabilitation. An amendment was adopted to clarify federal essential health benefit limits and remove certain language, reducing the fiscal note to zero. The bill was then reported as amended without objection. Next, the committee considered Senate Bill 155, which requires coverage for medically necessary dental procedures needed for cancer treatment clearance, such as exams, imaging, and extractions. Cancer advocates, oncologists, and dental representatives said untreated dental problems can delay chemotherapy or radiation and lead to worse outcomes and higher costs. Cleanup amendments were adopted, and the bill was reported as amended. The committee also advanced Senate Bill 465, which tightens prompt-payment deadlines for health insurers, adds pharmacy payment provisions, and creates a recoupment timeline for dental claims; after technical and substantive amendments, it was reported as amended. Finally, the committee approved Senate Bill 276, creating a pre-appointment affidavit process for bail bond producers to ensure prior premiums, shortages, and forfeitures are resolved before a new insurer appointment, and House Resolution 260, which urges the Department of Insurance to study how out-of-network medical billing affects auto insurance rates. Both measures were reported favorably or as amended, and the committee adjourned after a motion to do so.

Transcript Highlights:

• B4 is a letter from the Department of Labor and Licensing, Division of Bail Bonds.
• Later in the packet, you will see the contract with C-Bond. It will now be submitted for review.
• Number one is ASU with C-Bond Strategic Consulting.
• Number one is ASU with C-Bond Strategic Consulting.
• Meridian just operates as a bond manager for us. Okay.

Summary: The PEER Review Subcommittee met to consider a large agenda of budget, appropriation, transfer, and contract items. Members approved temporary appropriation requests for several agencies, including the Auditor of State, Department of Education, and Labor and Licensing; ARPA return requests from Workforce Services; Infrastructure Investment and Jobs Act requests for State Police and Agriculture; restricted reserve transfers for teacher scholarships, school facilities, and economic stimulus; a Commerce reallocation of positions and spending authority; cash fund, budget classification, overtime, and pay plan requests; and 17 methods of finance items for universities and other agencies. Most items were approved without objection after brief explanations from staff and agencies. Several items drew questions and were held or discussed further. A Department of Human Services discretionary grant package for the RSVP program was held over after Senator Irvin raised concerns about whether the grants were an effective use of state general revenue and asked for more information on administration costs and program operations. In the contracts section, Representative Richardson questioned a DHS sole-source contract with EMS Link for document management software and a DHS contract with Presidio; the EMS Link item was held for additional answers, while the Presidio item was clarified as not sole-source and was allowed to proceed. Members also asked for more information on a Department of Education mental health referral contract with Care Solace, which officials said is a statewide concierge/referral service connecting students to Arkansas providers and telehealth options. The committee also reviewed monthly reports, including the Medicaid Trust Fund. DHS and DFA officials said the fund was currently sufficient to finish the fiscal year, though it was being drawn down and would likely require a $100 million transfer from restricted reserves in FY27, with another $100 million set aside in the governor’s budget as a backstop. Members discussed the need to define a minimum reserve level and to better account for ongoing Medicaid costs in the budget. The meeting ended with no further business and adjournment.

Transcript Highlights:

• by strengthening oversight of the bail bond agents, prohibiting virtual offices, restricting solicitation
• information-sharing through required NCIC entry for felony failure to appear warrants, and ensures bonds
• Updates definitions, preserves existing classroom instruction requirements for bail bond education, requires
• written authorization before bond may be reinstated, and removes the mandatory minimum bond requirement
• But what I do want to say is that Florida regulates the bail bond industry greatly, and they should.