Transcript Highlights:

• Askki Bank in the cuentgreggo recognized for a question. Thank you, Mr. Speaker.
• For questions, films, and banks' objection of the order, 3rd reading House Bill 4326 by Moore of the

Bills: HB4420 , HB3974 , HB3016 , HB3062 , HB3021 , HB3145 , HB4128 , HB3131 , HB3015 , HB3472 , HB3453 , HB1638 , HB4126 , HB2696 , HB2710 , HB3552 , HB3031 , HB3544 , HB3521 , HB4490 , HB4488 , HB1746 , HJR1069 , HB4428 , HB4429 , HB1170 , HB3538 , HB4124 , HB3904 , HB4106 , HB2999 , HB3982 , HJR1077 , HB3464 , HB2588 , HB3462 , HB4440 , HB3674 , HB3345 , HJR1067 , HB4326 , HB4331 , HB4337 , HB4338 , HB4359 , HB4392 , HB3557 , HJR1076 , HB4003 , HB3495 , HB3497 , HB3501 , HB3505 , HB3749 , HB3011 , HB4336 , HB4346 , HJR1087 , HB3240 , HB3647 , HB3796 , HB3969 , HB3972 , HB3983 , HB3984 , HB3989 , HB3383 , HB3130 , HB4358 , HB3327 , HJR1055 , HB3386 , HJR1089 , HB3087 , HB2970 , HB3314 , HB4129 , HB4199

Keywords: reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights

Bills: HB4420 , HB3974 , HB3016 , HB3062 , HB3021 , HB3145 , HB4128 , HB3131 , HB3015 , HB3472 , HB3453 , HB1638 , HB4126 , HB2696 , HB2710 , HB3552 , HB3031 , HB3544 , HB3521 , HB4490 , HB4488 , HB1746 , HJR1069 , HB4428 , HB4429 , HB1170 , HB3538 , HB4124 , HB3904 , HB4106 , HB2999 , HB3982 , HJR1077 , HB3464 , HB2588 , HB3462 , HB4440 , HB3674 , HB3345 , HJR1067 , HB4326 , HB4331 , HB4337 , HB4338 , HB4359 , HB4392 , HB3557 , HJR1076 , HB4003 , HB3495 , HB3497 , HB3501 , HB3505 , HB3749 , HB3011 , HB4336 , HB4346 , HJR1087 , HB3240 , HB3647 , HB3796 , HB3969 , HB3972 , HB3983 , HB3984 , HB3989 , HB3383 , HB3130 , HB4358 , HB3327 , HJR1055 , HB3386 , HJR1089 , HB3087 , HB2970 , HB3314 , HB4129 , HB4199

Keywords: reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights

Bills: HB4420 , HB3974 , HB3016 , HB3062 , HB3021 , HB3145 , HB4128 , HB3131 , HB3015 , HB3472 , HB3453 , HB1638 , HB4126 , HB2696 , HB2710 , HB3552 , HB3031 , HB3544 , HB3521 , HB4490 , HB4488 , HB1746 , HJR1069 , HB4428 , HB4429 , HB1170 , HB3538 , HB4124 , HB3904 , HB4106 , HB2999 , HB3982 , HJR1077 , HB3464 , HB2588 , HB3462 , HB4440 , HB3674 , HB3345 , HJR1067 , HB4326 , HB4331 , HB4337 , HB4338 , HB4359 , HB4392 , HB3557 , HJR1076 , HB4003 , HB3495 , HB3497 , HB3501 , HB3505 , HB3749 , HB3011 , HB4336 , HB4346 , HJR1087 , HB3240 , HB3647 , HB3796 , HB3969 , HB3972 , HB3983 , HB3984 , HB3989 , HB3383 , HB3130 , HB4358 , HB3327 , HJR1055 , HB3386 , HJR1089 , HB3087 , HB2970 , HB3314 , HB4129 , HB4199

Keywords: reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights

Transcript Highlights:

• House Bill 300 by Representative Riser, Title 6, powers and functions of state banks, price thresholds
• House Bill 300 by Representative Riser, Title 6, powers and functions of state banks, price thresholds

Bills: HR19 , HR20 , HR21 , HR22 , HR23 , HR24 , HR25 , HR26 , HR27 , HR28 , HR29 , HR30 , HR31 , HR32 , HR33 , HR34 , HR35 , HR36 , HR37 , HR38 , HCR15 , HCR16 , HCR17 , HCR18 , HB115 , HB208 , HB465 , HB832 , HB964 , HB965 , HB966 , HB967 , HB968 , HB969 , HB970 , HB971 , HB972 , HB973 , HB974 , HB975 , HR14 , HR15 , HR16 , HR17 , HR18 , HCR14 , SCR4 , SCR7 , SCR8 , HB362 , HB963 , HB207 , HB300 , HB331 , HB428 , HB464 , HB587 , HB618 , HB629 , HB801 , HB853 , HB891 , HB78 , HB112 , HB148 , HB149 , HB190 , HB221 , HB346 , HB354 , HB355 , HB356 , HB358 , HB384 , HB427 , HB657 , HB675 , HB716 , HB901

Keywords: HR19, House Resolution 19, Louisiana Nursery and Landscape Association Day, LNLA, nursery industry, landscape industry, horticulture, green industry, environmental stewardship, beautification, sustainability, state capitol, special day resolution, commemoration, trade association, wholesale growers, landscape architects, grounds maintenance, interiorscapers, Louisiana agriculture

Transcript Highlights:

• chartered bank. federal bank ourselves.
• bank.
• Which banks?
• Bank.
• , let banks bank who they want.

Committee: Senate Banking, Housing, and Urban Affairs Committee

Transcript Highlights:

• Public Bank Alliance.
• It is a wholesale bank, so it does not compete with local banks or community banks.
• So California public banks, similar to the Bank of North Dakota model, are wholesale banks.
• Bank initiative in 2026.
• They use public banks to finance public good. In the U.S., we only have one bank.

Summary: The committee first received a JLARC work session on the 2025 tax preference performance reviews, covering nine tax preferences and recommending legislative action on eight. JLARC reviewed natural gas transportation fuel preferences, travel agent and tour operator B&O rates, a property tax exemption for nonprofit low-income housing developers, and several shorter reviews including senior center property tax relief, a disabled veteran adapted housing remittance, trade convention nexus treatment, wholesale sales of fertilizer/pesticides/seed, a hazardous substance tax exemption for pesticides stored for out-of-state shipment, and three energy-related preferences for a silicon smelter. JLARC generally recommended continuing preferences that met stated or inferred objectives, modifying some to improve reporting or performance metrics, and allowing the unused silicon smelter preferences to expire. The Citizen Commission endorsed JLARC’s recommendations, and committee members asked a few clarifying questions, including about trends in travel agent/tour operator beneficiaries and the housing exemption’s performance metric and data issues. The committee then heard a work session and public hearing on Senate Bill 5754, which would create a Washington State public bank. A presentation from California public banking advocates and the Bank of North Dakota described public banks as government-owned financial institutions intended to keep public funds working locally, support lending for housing, infrastructure, and community development, and partner with community banks and credit unions. Committee questions focused on leverage, liquidity, constitutional issues, and how the model would interact with existing state investment and debt structures. Staff summarized the bill’s structure, including activation conditions, governance, powers, and fiscal impacts, noting the fiscal note was largely indeterminate and startup costs could be significant. Public testimony on SB 5754 was divided. Supporters included statewide elected officials, county and city officials, labor, educators, community advocates, and residents, who argued the bank could lower borrowing costs, improve access to capital, keep public money in Washington, and help finance infrastructure, housing, and disaster resilience. Opponents included community bankers and county treasurers, who warned about risks to safety and liquidity of public funds, questioned the need for a new institution given existing programs, and argued the proposal lacked a proven track record in Washington. The hearing concluded with no vote taken in the transcript.

Transcript Highlights:

• They are not banks.
• They are not regulated like banks are, though they do set fees on behalf of all the banks.
• They are not banks.
• So that would be the bank, because the bank, ultimately, for lack of a better term..."
• banking card.

Summary: The Assembly Banking and Finance Committee heard several bills, beginning with AB 407, which would expand the California Pollution Control Financing Authority. The author said the measure would increase flexibility and access to resources, and the bill was approved 7-0 and sent to the Committee on Local Government. The committee also adopted the consent calendar, which included AB 76, by a 7-0 vote. A lengthy portion of the meeting focused on AB 1065, which would prohibit swipe fees on the sales tax portion of credit card transactions. Supporters, including small business owners, restaurant and grocery representatives, and a payments-policy expert, argued the bill would reduce costs for merchants and consumers and rein in dominant card networks. Opponents, including banks, credit unions, and payment industry groups, argued the bill is likely preempted by federal law, would be difficult to implement, and could disproportionately affect community banks and credit unions. After extensive questioning about preemption, fraud, implementation, and consumer impacts, the committee rejected the bill on a 6-0 vote, but then granted reconsideration by a 7-1 vote. The committee then heard AB 1365, which would create the Cal Account Program, a zero-fee, zero-penalty state banking account for unbanked and underbanked Californians. Supporters said the program would help low-income households, survivors of abuse, and others facing barriers to traditional banking, while opponents from community banks and credit unions argued existing low-cost accounts and the Bank On program already address the need and raised concerns about cost, feasibility, and duplication. The bill advanced on a 6-0 vote and later received enough votes on the reopened roll to move forward to the Committee on Labor and Employment. The committee also approved AB 1052, which would create a legal framework for digital assets and address unclaimed digital property and restrictions on public officials issuing or promoting digital assets, and AB 1180, which would create a pilot program for paying state fees with digital financial assets and require a report on broader adoption. Both bills passed with broad support after brief testimony and discussion. Final roll calls later confirmed AB 1052 and AB 1180, along with AB 407 and AB 1365, were moved out of committee.

Transcript Highlights:

• Visa and MasterCard fix interchange fee rates on behalf of the banks, so the banks don't have to compete
• is community banks and state charter banks who have decided. to call California their home, who would
• banks.
• banking card.
• Access to banking is crucial.

Committee: House Banking and Finance

Transcript Highlights:

• banks.
• banks.
• Not your local banks.
• Our members are Texas community banks and only Texas community banks.
• You are a big bank and you're a very small Texas community bank.

Bills: HB245 , HB245 , HB700 , HB2783 , HB3526 , HB3900 , HB4061 , HB4124 , HB4166 , HB4395 , HB4534 , HB4609 , HB4641 , HB4736 , HB4738 , HB4739 , HB4945 , HB5015 , HJR175

Committee: House Pensions, Investments & Financial Services

Keywords: property tax, delinquent taxes, ad valorem, penalties, interest cap, military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees

Transcript Highlights:

• bank.
• bank.
• bank.
• banks.
• banks.

Bills: SF0021 , SF0022 , SF0054 , SF0055

Committee: Senate Minerals, Business & Economic Development

Transcript Highlights:

• In banking, you know, factors borrow and they participate with banks.
• at Texas banks.
• We are a young bank, a quickly growing bank.
• Okay, so I am... just fundamentally supportive of regional banks and small banks.
• In Canada, they only have five or six banks, and they're all big banks.

Bills: HB245 , HB700 , HB2783 , HB3526 , HB3900 , HB4061 , HB4124 , HB4166 , HB4395 , HB4534 , HB4609 , HB4641 , HB4736 , HB4738 , HB4739 , HB4945 , HB5015 , HJR175 , HB245

Committee: House Pensions, Investments & Financial Services

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance

Transcript Highlights:

• Private banks have come and gone. Private banks have come and gone.
• from establishing public banks.
• Section 6-700I specifically mentions a depository bank. A depository bank accepts deposits.
• Section 6-700I specifically mentions a depository bank. A depository bank accepts deposits.
• I do sit on banking committees.

Committee: House Economic Development, Growth, and Household Impact

Transcript Highlights:

• all Texas banks.
• The Banking Act permits that a bank, when it provides a banking service, allows those banks to charge
• Villarreal, IBC Bank is a small bank.
• Of IBAT or the bank, Texas Regional Bank. Yeah, it's a great bank.
• The 10 banks, the biggest. We don't have all the 10 biggest banks.

Bills: SB231 , SB584 , SB600 , SB668 , SB841 , SB986 , SB1003 , SB1244 , SB1625 , SB1960 , SB1963 , SB1964 , SB2026 , SB2056 , SB2368

Committee: Senate Business & Commerce

Transcript Highlights:

• We opened up our bank accounts at Chase Bank because we wanted a national reach.
• Each bank is unique; there are 135 banks in Alabama with over 1,300 branches.
• So, banking again is much... Govern us, so banking again is much about risk.
• Yes sir, under this bill, how many banks—other than the national banks—how many Alabama banks... ...
• National Banks. How many Alabama banks would this bill apply to?

Committee: Senate Banking and Insurance

Transcript Highlights:

• Um, Friend Bank is a of Friend Bank.
• I deal with banks every day. I'm supportive of my bank. I appreciate my bank.
• </c> compete with banks. compete with banks.
• on hold at that bank, at that particular bank.
• on hold at that bank, at that particular bank.

Committee: House County and Municipal Government

Transcript Highlights:

• Bank stress tests.
• which foreign banks can't fall.
• We always wanted our banks to be competitive with European banks.
• It was a bank run, and bank runs are incredibly damaging.
• fewer community banks and more regional banks, or fewer regional banks and more Wall Street banks?

Bills: SB257

Committee: Senate Banking, Housing, and Urban Affairs Committee

Transcript Highlights:

• It's good for both banking associations, for the Department of Banking, and for the banks of Mississippi
• Uh, banks and banking revise various definitions.
• for parity with national banks and national banks apply for parity with state charter banks.
• Uh banks and banking Senate Bill 2383.
• national banks apply for par with state charter<00:02:27.680><c> banks.

Committee: Joint Business and Financial Institutions

Transcript Highlights:

• In banking, if you don't have deposits, you don't have a bank. They are everything.
• the banks.
• the banks.
• bank, you're losing out.
• , the banks, it's over.

Summary: The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia. Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash. Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing. The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.

Transcript Highlights:

• from establishing public banks.
• No public banks have been created.
• Section 6-700I specifically mentions a depository bank. A depository bank, a depository bank...
• A depository bank is a bank that accepts deposits.
• I do sit on banking committees.

Summary: The Assembly Committee on Economic Development, Growth, and Household Impact heard several bills focused on trade, affordability, and public finance. AB 2745 (Fong) would update California’s international trade and investment strategy, add a public advisory process, and allow regional trade hubs; supporters from the California Asian Pacific Chamber of Commerce and California Forward said it would help California compete globally and attract investment, while no opposition testified. AB 2366 (Avila Farías) would require state agencies to analyze cost-of-living impacts when adopting regulations and direct the LAO to develop guidance; supporters from the New California Coalition and the California Manufacturers and Technology Association argued it would improve transparency and help address affordability, while members noted concerns about implementation and unintended consequences. The committee also heard AB 2243 (Haney), which creates a commission to study whether California should establish a state public bank and how it might be structured. Supporters from the California Public Banking Alliance, climate groups, and other organizations said a public bank could reduce borrowing costs and finance housing, climate, and small business needs; the California Bankers Association and credit unions opposed the bill, arguing it could compete with private banks, duplicate prior studies, and raise unresolved regulatory and cost issues. Several committee members said they would support the study concept but wanted the bill amended so any final decision would return to the Legislature, and the author agreed to clarify that point and remove language related to extending local public bank licensing timelines. The committee also took up consent items AB 2048 (Calderon), AB 2583 (Hoover), and ACR 129 (Haney), which were approved without opposition. After quorum was established, the committee voted AB 2366 out on a 7-0 basis to Judiciary, AB 2745 out on a 7-0 basis to Appropriations, and AB 2243 out on a 7-0 basis to Finance, with the consent calendar also approved.

Transcript Highlights:

• So the verticals of the bank.
• In banking, if you don't have deposits, you don't have a bank. They are everything.
• the banks.
• bank, you're losing out.
• , the banks, it's over.

Summary: The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately. Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement. Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses. The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.