Video & Transcript : 'nominal transactions' :

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FL

Florida 2026 Regular Session

Banking and Insurance Jan 28th, 2026

Banking and Insurance

Transcript Highlights:
  • The substitute amendment clarifies the daily transaction limit applies whether the transactions are through
  • The substitute amendment clarifies the daily transaction limit applies whether the transactions are through
  • The definition of daily transaction limit is updated accordingly.
  • Right now, it's the only way for people who transact primarily in cash to purchase cryptocurrency.
  • Right now, it's the only way for people who transact primarily in cash to purchase cryptocurrency.
Bills: S0198 , S0570 , S0772 , S0808 , S1038 , S1040 , S1286 , S1440 , S1504 , S1668
Summary: The Senate Committee on Banking and Insurance met with a quorum present and took up a series of bills, beginning with SB 1286, which expands Florida’s first responder recruitment bonus program to include newly employed firefighters, creates a DFS grant review panel, and establishes a PTSD institute within DFS. Supporters from the fire service and local government spoke in favor, and the bill was reported favorably. The committee then considered SB 198 on virtual currency kiosks. After adopting a substitute amendment, members heard testimony from consumer advocates, industry representatives, and credit unions about scam prevention, elder financial exploitation, and the need for regulatory certainty. The bill was reported favorably as a committee substitute. Members also approved SB 772, which allows limited licenses for portable electronics and eyewear insurance, and SB 1504, which creates a pathway for high school students to qualify for insurance customer representative licensure through insurance and personal finance coursework. Later, the committee approved SB 1038 and SB 1040, which together create a Florida Strategic Cryptocurrency Reserve and the related trust fund, both with technical amendments. SB 1440, dealing with public records exemptions tied to cybersecurity events and financial regulation, was also reported favorably after amendment. The committee then heard SB 1668 on the NICA program, with testimony both supporting solvency reforms and raising concerns about benefits and retroactivity; the bill was reported favorably. Finally, SB 570 created a task force on payment scams under DFS, was amended to reduce FDLE staffing requirements, and was reported favorably. The meeting ended after senators requested to be recorded as voting in the affirmative on certain bills and the committee adjourned.
AZ

Arizona 2026 Regular Session

02/16/2026 - Senate Federalism

Senate Federalism Committee of Reference

Transcript Highlights:
  • The bill would apply to any transaction, transfer, agreement, or arrangement that is designed to work
  • The bill would apply to any transaction, transfer, agreement, or arrangement that is designed to work
  • They are investigating constantly all these activities and associating them with the business transactions
  • They are investigating constantly all these activities and associating them with the business transactions
  • I don't know how broadly that's going to be impacting transactions that may get swept up, that may not
AL

Alabama 2026 Regular Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Apr 1st, 2026

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • I have had to straighten up transactions for people who thought wholesalers was realtors because they
  • do lie and they go through a transaction and when they don't know what to do, they've taken the folks
  • ><c> who</c><00:06:05.600><c> thought</c> transactions for people who thought transactions for people
  • </c><00:06:11.600><c> and</c> and they go through a transaction and and they go through a transaction
  • We regulate folks those transactions.
Bills: HB586
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Consumer Protection and Professional Licensure Jun 21st, 2026 at 01:00 pm

Joint Committee on Consumer Protection and Professional Licensure

Transcript Highlights:
  • you go to your favor on the tax and tip portion of a transaction.
  • And even when you go to different processors, you're only talking about a penny on a transaction fee.
  • My company currently pays between 1.7% and 3.95% of the total transaction, depending on the card type
  • the taxability and the tax nature of the transaction and assign different rates.
  • falls squarely within that preempted category, eliminating around 90% of payment transactions.
Summary: The committee opened a hearing of the Joint Committee on Consumer Protection and Professional Licensure and reviewed a broad agenda including credit card fees, event ticketing, music therapy licensure, senior psychologist licensure, CPA pathways, school mental health licensure, and a bill regulating alternative healing therapies. The chairs explained hearing logistics, including three-minute testimony limits and submission of written testimony, and noted that more than 70 people had signed up to testify. Legislators and advocates were heard out of order throughout the day. A major portion of the hearing focused on credit card surcharge and interchange legislation. Restaurant owners, the Massachusetts Restaurant Association, NFIB, and other small-business witnesses supported bills allowing merchants to add convenience fees and, in one proposal, preventing card companies from charging fees on tax and tip portions of transactions. They argued that swipe fees are a major and growing cost, especially for restaurants, and that Massachusetts is one of only two states that bars surcharges. Opponents from the Cooperative Credit Union Association, the Electronic Payment Coalition, and the Electronic Transactions Association warned that the proposals would create compliance burdens, fragment the payment system, raise legal preemption issues, and disrupt a system they described as efficient and secure. The committee also heard competing testimony on ticket transferability and ticket resale. Supporters, including the National Consumers League and Sports Fans Coalition, said bills on ticket transferability would protect consumers who cannot attend events and would increase competition and savings in the secondary market. Opponents, including United Musicians and Allied Workers and theater owners, argued that mandatory transferability would weaken artists’ and venues’ ability to prevent scalping and predatory resale, and that some ticket sellers should be exempt from the broader ticketing regulations. Separate testimony supported music therapy licensure, senior psychologist licensure, and new CPA education pathways, with witnesses saying these measures would expand access to care and strengthen the workforce while maintaining professional standards. The hearing also drew extensive opposition to S.261 on alternative healing therapies, with practitioners and clients arguing it would overregulate spiritual and holistic practices and was not an effective response to human trafficking concerns.
LA

Louisiana 2026 Regular Session

Civil Law and Procedure Apr 27th, 2026

Civil Law and Procedure

Transcript Highlights:
  • was a qualified transaction, that again, that stays between the individual and the care account holder
  • was a qualified transaction, that again, that stays between the individual and the care account holder
  • provider to pay for that transaction.
  • So I don't know how that transaction is done where the plaintiff transfers the money to the health care
  • provider to pay for that transaction.
Summary: The committee first heard Senate Bill 476, which would add clearer warning language for garnishees responding to interrogatories and create a limited procedure for a new trial when a garnishee can show it never held property or owed the debtor during the garnishment period. After brief questions about how garnishment works, the bill was reported favorably without objection. Senate Bill 260, a youth athletics coaches training bill, was then amended to remove language about the department using donated funds to purchase courses and was reported as amended. House Bill 79, by Chairman Carter, would remove the damages cap for carbon capture release claims. Carter argued carbon capture should be treated like other industries and not receive special liability protection, and the committee reported the bill favorably without objection. The committee also took up Senate Bill 424, which clarifies that electronic service applies only to counsel of record representing a party, and Senate Bill 180, a constitutional amendment allowing a surviving spouse of a deceased disabled veteran to make a one-time transfer of an expanded property tax exemption to another qualifying homestead. SB 180 received a ballot-language amendment and a 6.88 report before being reported as amended. The longest discussion centered on House Bill 1089, which creates “care accounts” for future medical damages in delictual actions. Supporters said the bill would ensure future medical awards are used for medical care, reduce abuse, and function like a restricted account with a card or similar payment mechanism; opponents raised concerns about the account being owned by the judgment debtor, possible reversion of unused funds to the wrong party, administrative confusion, and impacts on survivors of trafficking and sexual abuse who may need flexible, trauma-informed care outside standard billing codes. After extensive testimony and debate, the committee adopted an amendment set and reported the bill favorably by a 6-1 vote, with Representative Carter voting no. Finally, House Bill 437 was heard and amended. The bill would prohibit expert witnesses from having a pecuniary interest in the outcome of the case, while still allowing inquiry into an expert’s prior testimony history. An amendment excluded criminal traffic and juvenile proceedings, and the committee continued discussion with testimony from supporters and opponents as the transcript ended.
TX
Transcript Highlights:
  • But Vantage is actually currently transacting...
  • transactions, right?
  • If scam indicators are confirmed while the transaction is still held, Coinflip can stop the transaction
  • Before our customer confirms the transaction, Coinflip locks in its total price, exchange rate, transaction
  • When you transact at our machine, it's being an unhosted wallet.
HI

Hawaii 2025 Regular Session

JHA Public Hearing - Tue Feb 11, 2025 @ 2:00 PM HST

Judiciary & Hawaiian Affairs

Transcript Highlights:
  • rent so it's not like we're very nominal rent so it's not like we're ignoring<00:56:55.440><c> the</
  • Currently, individuals who meet the qualifications that are described in the bill have been nominated
  • Currently, individuals who meet the qualifications that are described in the bill have been nominated
  • uh to the board of education nominated uh to the board of education and<01:08:22.400><c> and</c><01:
  • uh recommended to the be nominated uh recommended to the governor<01:08:40.319><c> or</c><01:08:40.480
Summary: The committee heard three House bills related to the Department of Hawaiian Homelands. HB 606 would extend the Act 279 special fund to June 30, 2028, continue deposits and appropriations to help eliminate the DHHL waitlist, and require a strategic plan and annual reporting. DHHL strongly supported the measure, saying most of the initial $600 million had been used and that the need remains large, with more than 29,000 people on the waitlist. Public testimony also supported the bill, emphasizing its importance to Native Hawaiian families and concerns about Hawaiians leaving the islands because of housing costs. A member noted the bill is a priority and that the committee will keep working on how to fund another $600 million. HB 1086 would exempt DHHL homestead lot and housing development from general excise and use taxes. DHHL supported the bill, saying any tax savings would reduce the eventual cost of housing for low-income beneficiaries. The Department of Taxation said it could administer the measure and noted it is already being implemented under the governor’s emergency proclamation, with a proposed effective date of January 1, 2026. The Tax Foundation of Hawaii offered technical comments and urged the committee to weigh existing benefits already received by DHHL beneficiaries. HB 1307 would appropriate funds for DHHL water well development and geothermal exploration on Hawaiian homelands. DHHL said the bill is a follow-up to prior study funding and would support slim-hole drilling, site evaluation, and consultant work to identify viable geothermal resources, especially on Hawaiʻi Island. Several testifiers opposed the bill, arguing there had been inadequate beneficiary consultation, raising environmental, cultural, and safety concerns, and objecting to using $20 million for geothermal rather than housing. In response to committee questions, DHHL staff explained that the goal is to gather information for a future public-private partnership to develop geothermal electricity, and that a Chapter 343 environmental review would be required later in the process. No votes were taken during the portion of the meeting provided.
CA

California 2025-2026 Regular Session

Senate Banking and Financial Institutions Committee Jun 17th, 2026

Banking and Financial Institutions

Transcript Highlights:
  • The FBI's recovery asset team can assist in stopping or even reversing certain online transactions.
  • Second, if given enough time, IC3 has about a 48- to 72-hour window where certain financial transactions
  • The bank side may know the amount of the transaction, whether it took place within a branch or was part
  • And in some cases, they can do some things to stop some of these transactions from hitting the account
  • This bill provides that any transaction found unconscionable is automatically a violation of the CFL.
WA

Washington 2025-2026 Regular Session

House Transportation Jan 29th, 2026 at 04:00 pm

Transportation

Transcript Highlights:
  • They recorded almost 13,000 toll transactions.
  • We say it was near-perfect because of the about 4,000 transactions that were made with Bluetooth paired
  • to the vehicle, we had only one transaction that was a duplicate transaction.
  • Interestingly, the app detected 31 transactions that were not captured by the Good To Go system.
  • It's a very, very small percentage based on the 14,000 transactions that we captured in total.
Bills: HB2347 , HB2410
WA

Washington 2025-2026 Regular Session

House Transportation Jan 29th, 2026

Transcript Highlights:
  • They recorded almost 13,000 toll transactions.
  • to the vehicle, we had only one transaction that was a duplicate transaction.
  • Interestingly, the app detected 31 transactions that were not captured by the Good To Go system.
  • It's a very, very small percentage based on the 14,000 transactions that we captured in total.
  • As the options for how to detect and transact tolls increases, it's useful to think about what are the
Summary: The committee first held a public hearing on House Bill 2410, which would establish a commercial truck safety and education council, increase the commercial vehicle safety enforcement fee from $16 to $32, and direct the new revenue to a dedicated account for truck safety and training programs. Committee staff outlined the bill’s CDL and training requirements, council structure, confidentiality provisions, and fiscal impacts. The prime sponsor said the bill was intended to improve truck safety through industry-led education and noted that a substitute was expected because details still needed work. Testimony from the Washington Trucking Associations, insurers, the Association of Washington Business, and the Washington Traffic Safety Commission was generally supportive of the safety goals, though the commission said operational details and agency roles still needed clarification. No vote was taken on the bill during the hearing. The committee then heard House Bill 2347, which would repeal the recently enacted luxury aircraft tax on non-commercial aircraft valued above $500,000. Staff explained that the tax is scheduled to take effect April 1 and that repeal would reduce revenue to the Sustainable Aviation Fuel account. Representative Dent, the sponsor, argued the tax is harming business aviation, emergency services, wildfire response, agricultural operations, and rural access, and said aircraft and related jobs were already leaving the state. Most public testimony came from aviation businesses, airport operators, industry associations, and related employers, all urging repeal and warning of aircraft departures, lost hangar tenants, reduced fuel sales, and job losses. One witness from the Port of Seattle supported addressing the tax’s impact but urged working toward a narrower fix rather than full repeal so sustainable aviation fuel funding would remain stable. After closing the hearing on HB 2347, the committee received a work session on tolling technology. Transportation Commission staff presented the results of a pilot using a smartphone app to support toll collection, explaining that the current tolling system remains accurate but that new technologies could reduce costs and improve flexibility over time. The pilot found high accuracy when the app was paired to a vehicle by Bluetooth, lower accuracy without pairing, strong customer satisfaction, and some privacy concerns. The commission recommended keeping the current system in place for now, conducting a more fully operational smartphone-based pilot in the near term, and eventually developing a broader technology marketplace for future tolling systems. Members asked about the role of tags versus apps, video tolling accuracy, and the timeline for replacing existing tolling methods. The meeting ended with adjournment for caucus.
MO

Missouri 2026 Regular Session

Financial Institutions Jan 21st, 2026 at 12:00 pm

Financial Institutions

Transcript Highlights:
  • Not necessarily every transaction every single time. Okay.
  • They're not one-off transactions. So you... ...are already setting up the account.
  • Remittances are not just private family transactions.
  • Missouri's banks already verify identity to prevent fraud... ...transactions.
  • So we believe these provisions cover, you know, foreign transactions.
Summary: The committee first met in executive session and voted do pass on House Bill 2423 and House Bill 2473, each passing 13-0. It then moved to public hearing on House Joint Resolution 159, which would modernize the Missouri State Treasurer’s investment authority by allowing investment in high-rated municipal securities and other prudent instruments, subject to voter approval. Representative Thompson and Treasurer Vivek Malik argued the change would update outdated constitutional limits, improve returns, and still preserve safeguards through written investment policies, asset allocation plans, and legislative oversight. Some members questioned the seven-year maturity limit and the meaning of “reasonable and prudent” investments, while supporters said the proposal remained conservative and was intended to expand options without removing oversight. No vote was taken on the resolution in the hearing. The committee then heard House Bill 2412, a foreign remittance bill sponsored by Representative Keithley. The bill would require money transmitters to verify the lawful immigration status of senders of foreign remittances, keep records for several years, and face penalties for noncompliance. Keithley and Treasurer Malik said the measure was meant to address illegal immigration, create a paper trail for enforcement, and reduce links to cartel activity and money laundering. Opponents from Remitly, the ACLU of Missouri, the Immigrant Justice Collaborative, and the Missouri Money Services Roundtable argued the bill was overbroad, would burden lawful users and businesses, raise privacy and data-security concerns, and could be difficult to implement because the bill did not clearly specify what documents would be required or how verification would work. Members also raised questions about interaction with federal banking laws, the Division of Finance’s role, and the 25% penalty. The hearing on HB 2412 closed without action. Finally, the committee heard House Bill 2636, which would protect first-position lien status in certain mortgage modification situations by stating that amendments to a first deed of trust do not change its priority. Representative Owen and banking industry witnesses said the bill would reduce uncertainty and avoid repeated subordination agreements, and no opposition was presented. The committee then heard House Bill 2116, also by Representative Owen, which would limit Missouri’s 529 tax deduction to contributions made to Missouri’s own 529 plan rather than any state plan. Owen and Treasurer Malik said the change would keep tax incentives in-state, strengthen Missouri’s plan, and reduce the flow of deductions to out-of-state programs; members asked about savings, plan performance, and whether families would lose options. The hearing continued with testimony in support, and no vote was taken during the portion provided.
KY

Kentucky 2026 Regular Session

House Legislative Session Day 46 (3-13-26)

Kentucky House Floor Meeting

Transcript Highlights:
  • That was applied to all transactions and not just transactions for new users.
  • </c><00:32:56.520><c> and</c> That was applied to all transactions and That was applied to all transactions
  • . transaction. transaction.
  • </c> specific guardrails for transactions. specific guardrails for transactions.
  • That's transactions without a wallet.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 04/23/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Miss Partridge was nominated by Governor Walz, appeared also before the committee, made an outstanding
  • Miss Partridge was nominated by Governor Walz, appeared also before the committee, made an outstanding
  • Miss Partridge was nominated by Governor Walz, appeared also before the committee, made an outstanding
  • Miss Partridge was nominated by Governor Walz, appeared also before the committee, made an outstanding
  • Miss Partridge was nominated by Governor Walz, appeared also before the committee, made an outstanding
HI

Hawaii 2026 Regular Session

CPC-CPN Joint Info Briefing - Tue Jan 13, 2026 @ 9:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • </c> or even the transaction or even the transaction that<00:37:18.359><c> would</c><00:37:18.480><c>
  • </c> involved in the transaction. involved in the transaction.
  • that's a transaction that needs to occur that's a transaction that needs to occur and<00:44:07.480><c
  • . transaction. transaction.
  • </c> transaction eliminated? transaction eliminated?
MO

Missouri 2026 Regular Session

Special Committee on Tax Reform Mar 26th, 2026 at 09:00 am

Special Committee on Tax Reform

Transcript Highlights:
  • as opposed to your credit card transactions?
  • Do you have a situation where, because there's so much less cash transactions, thefts are down?
  • So speed of the transaction is part of the deal. So I appreciate it. Thanks very much.
  • So I think some specificity in what is a retail transaction is very important as we move forward.
  • That last part—so she does have a $500 per transaction fine.
OK

Oklahoma 2026 Regular Session

General Government REVISED: Links added Feb 3rd, 2026 at 01:30 pm

General Government

Transcript Highlights:
  • This has created a number of practical Problems relative to cash transactions across the country.
  • And you can see 1,517 transactions in 2023.
  • What do you think the percentages are of what the actual cash transactions are?
  • So, the percentages that cash payments were 4.7% of all transactions in the county.
  • So, 4.7% of all transactions were cash transactions.
Bills: HB3310 , HB4311 , HB3841 , HB3024 , HB3075
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on the Judiciary Jun 21st, 2026 at 01:00 pm

Joint Committee on the Judiciary

Transcript Highlights:
  • H. 1932, an act relative to the Uniform Voidable Transactions Act.
  • people doing business here. ...certain transactions that can be challenged as transfers by insolvent
  • I'm here to speak as well in favor of H.R. 1932, Massachusetts Uniform Voidable Transactions Act.
  • I'm here to speak as well in favor of H.R. 1932, the Massachusetts Uniform Voidable Transactions Act.
  • , and it creates an integrated commercial system that will facilitate interstate transactions.
Summary: The Joint Committee on the Judiciary held a hearing on a wide range of state, probate, and family bills, with chairs Edwards and Day outlining strict testimony limits and accepting written testimony. Early testimony focused on H. 1911/S. 1138, which would clarify that a durable power of attorney may create a trust if that authority is expressly granted; sponsors and elder law advocates said the bill would resolve uncertainty created by the Barbetti decision and align Massachusetts with other states. A major portion of the hearing centered on S. 1102, a proposal to establish medical panels in Probate and Family Court. Supporters, including attorneys, parents, physicians, and advocates, said neutral three-doctor panels would help judges resolve disputed medical issues in guardianship and custody cases involving children, elders, and people with disabilities. Testifiers described cases where medical treatment was blocked or contested by one parent or guardian, arguing the panels would provide impartial expertise and protect vulnerable people. The committee also heard support for bills addressing disability discrimination in family court, military parents’ custody rights, and a shared parenting bill, H. 1710, which drew strong opposition from domestic violence advocates and others who said a 50-50 presumption could harm survivors and children. The committee also took testimony on several probate and court-administration measures. Senator Lovely supported a bill on nominee trust partition, and Senator Comerford and probate officials backed legislation to codify additional registry staff positions and modernize registry operations. Other bills discussed included foster care liability insurance, with providers warning that rising premiums and loss of coverage could force program closures; health care proxy storage and activation; access to decedents’ email accounts; uniform trust decanting; the Uniform Voidable Transactions Act; heirs’ property partition protections; a constitutional right to health care; alimony-related reforms; child-centered family law; and a right of disposition for funeral arrangements. No votes were taken during the hearing, and the committee repeatedly invited written testimony and follow-up questions.
MA
Transcript Highlights:
  • the first meeting, an organizational meeting today, regarding the future of payments and sales transactions
  • This is a special initiative commission to study the future of payments and sales transactions by credit
  • the public, businesses in the payments industry, on payment trends, the prevalence of cashless transactions
  • reviewing: one, the cost to small businesses operating in the Commonwealth of conducting sales transactions
  • now most restaurants are upwards of 90 95% transactions and the proliferation of third party delivery
Summary: The meeting was the first organizational session of the special commission created by Chapter 238 of the Acts of 2024 to study the future of payments and sales transactions by credit card and the impacts on small businesses. Chair James Murphy and Senator Paul Feeney explained that there would be no testimony at this meeting; instead, commissioners introduced themselves and discussed how the commission would structure its work and future hearings. The commission’s charge includes examining payment trends, cashless transactions, credit card fees, mobile payments, buy now, pay later financing, and the impact of Section 28A of Chapter 140D on small businesses, with a final report and recommendations expected. Members and stakeholders generally supported the proposed approach, including hearings focused on business and consumer experiences, the legal and regulatory landscape, and policy options such as transparency measures, fee disclosures, reporting requirements, and possible limits. Several participants emphasized that swipe fees are a major and growing cost for retailers and restaurants, and that the issue is timely given changes in payment habits and developments in other states. One member suggested the commission also consider cryptocurrency in transactions, and another raised the possibility of holding hearings in locations outside the State House to improve access for small businesses across the Commonwealth. The chairs said staff is still organizing hearing topics and may group testimony by subject matter. They announced a tentative first hearing date of April 8 in Gardner Auditorium, with testimony allowed in person, online, or in writing, and noted that the number of hearings will depend on public interest. The commission also agreed to invite members to suggest experts or additional topics, and the meeting concluded with a motion to adjourn that passed unanimously.
LA

Louisiana 2026 Regular Session

Civil Law and Procedure Apr 27th, 2026

Civil Law and Procedure

Transcript Highlights:
  • was a qualified transaction, that again, that stays between the individual and the care account holder
  • Any issues on the back end, if there is a dispute over whether the transaction was a qualified transaction
  • provider to pay for that transaction.
  • provider to pay for that transaction.
  • provider to pay for that transaction.
Bills: HB79 , HB437 , HB646 , HB1089 , HB1099 , SB173 , SB180 , SB260 , SB424 , SB476
NM

New Mexico 2025 Regular Session

Senate - Tax, Business and Transportation Mar 18th, 2025

Senate Tax, Business & Transportation

Transcript Highlights:
  • and whether the workforce conditions would be negatively or positively impacted by a transaction.
  • The goal of this legislation is just to, it's not to stop transactions, it's just to make sure that when
  • transactions occur, it's not at the expense of healthcare in New Mexico.
  • This is more than just business transactions.
  • Keeping notifications and forums for community that is impacted by these transactions goes a long way