Video & Transcript : 'brokerage window' :
Page 7 of 254
MN
Transcript Highlights:
- It's accounting, banking, and brokerage. It's legal services.
- The tax applies to, quote, banking and brokerage services, including but not limited to five specific
- Johnson, it's just on page 16 when it's banking and brokerage services.
- Johnson, it's just on page 16 when it's banking and brokerage services.
- Johnson, it's just on page 16 when it's banking and brokerage services.
Committee:
House Taxes
MO
Missouri 2026 Regular Session
Special Committee on Intergovernmental Affairs Mar 4th, 2026
Special Committee on Intergovernmental Affairs
Transcript Highlights:
- paid, The money that is collected through these fees, which is not a tax, it is a fee paid by the brokerage
- Currently, the way it happens now is brokerages and investment advisory firms for all of their registered
- Currently, the way it happens now is brokerages and investment advisory firms for all of their registered
CA
California 2025-2026 Regular Session
Assembly Select Committee on Wildfire Prevention Jun 12th, 2026
Transcript Highlights:
- standards and will probably, theoretically, with evacuation warnings and people closing up doors and windows
- standards and will probably and theoretically is with evacuation warnings and people closing up doors and windows
- They’re actually a brokerage, and they’re cutting their commissions in order to do that.
- what smoke taint is and isn’t happens during those beneficial fire events, to hopefully expand that window
TX
Transcript Highlights:
- I run a little independent brokerage with 10 independent contractor agents, and this alone would save
- And yet the people who have been there the longest are sort of watching from the window getting zero.
Committee:
House Ways & Means
Keywords:
HB 8, school finance, compressed tax rate, maximum compressed tax rate, MCR, PYMCR, property tax, school district taxes, Education Code, Tax Code, state aid, school funding formula, local school taxes, Texas school finance, tax rate compression, public education funding, ad valorem tax, tangible personal property, income-producing property, business personal property
MO
Missouri 2026 Regular Session
Local Government Mar 11th, 2026
Local Government, Elections and Pensions
Transcript Highlights:
- to get the surety bond, because a lot of counties are not helpful with that information, and the brokerage
- to get the assurity bond because a lot of counties are not helpful with that information and the brokerage
Summary:
The Local Government Committee first met in executive session and voted do pass on two House committee substitutes: House Bills 3283 and 3306 passed 11-1, and House Bills 1728, 2161, and 1830 passed 12-1. The committee then moved into public hearings.
Senate Substitute for Senate Bill 914, dealing with septic system regulation, was presented as a measure to replace percolation testing with soil morphology testing as the baseline standard and to address a permit fee issue. The sponsor and supporters argued the bill would improve accuracy, consumer protection, and local public health administration; one witness noted the continuing-education language already exists in regulation and pointed out a minor wording change in the substitute. No opposition testified.
House Bill 3467, sponsored by Representative Houseman, would allow county developmental disability boards to seek voter approval for a sales tax of up to one-half of 1% if property tax revenue is reduced or eliminated. The sponsor and multiple witnesses from county disability boards, sheltered workshops, and related associations said the bill was intended as a safeguard to preserve services, transportation, employment supports, and community-based care for people with developmental disabilities. Some members raised concerns about shifting from property tax to sales tax and the burden on low-income taxpayers, while others supported the measure as a revenue-diversification tool. No vote was taken.
House Bill 312, relating to county treasurer duties and bank signature authority, drew testimony from the sponsor, county treasurers, auditors, and association representatives. Supporters said the bill clarifies that the county treasurer should have sole authority over county funds and reflects current practice, while also noting a forthcoming amendment to address what happens when a treasurer is absent. Some witnesses asked for stronger safeguards, including a bonded backup designee and clearer succession procedures, and one witness urged updating surety-bond requirements. The hearing closed with no opposition testimony and no committee action taken.
ID
Transcript Highlights:
- banks, credit unions, trust companies, mortgage companies, collection agencies, investment advisors, brokerage
Committee:
Senate Commerce and Human Resources
KY
Kentucky 2025 Regular Session
Government Contract Review Committee - (5-13-25)
Transcript Highlights:
- When it comes to routine things like lawyers, for example, which we see a lot of, or in this case, brokerage
- of, or in example, which we see a lot of, or in this<00:19:56.559><c> case,</c><00:19:56.799><c> brokerage
- services,</c><00:19:58.000><c> I</c><00:19:58.080><c> I</c><00:19:58.480><c> don't</c> this case, brokerage
- services, I I don't this case, brokerage services, I I don't know<00:19:58.720><c> why</c><00:19:58.960
Summary:
The committee opened with a moment of silence for Representative McCool, who was absent due to a family death, then approved the April 14 minutes and noted the agenda contained 482 items totaling about $138.6 million. The first deferred item involved the Office of the Controller and a brokerage services contract. Senators questioned why the new contract was roughly $1 million a year when a prior vendor had been paid about $300,000 annually, why the procurement was rebid after years of no-bid arrangements, and why past performance was not heavily weighted. Agency witnesses said the prior vendor had held the work for more than 20 years, the new RFP drew more competition, technical evaluators did not see cost until after technical scoring, and AON received the highest technical score despite being an out-of-state vendor with its closest office in Nashville. After discussion, the committee voted to take no action, and the contract advanced to the Finance Cabinet for final decision.
The committee then considered a DCBS memorandum of agreement amendment. Members asked what funding was being redirected to cover an increase of about $265,000. DCBS explained that reduced spending on interpreter services, due to more commonly used forms being translated into other languages, freed up funds to support the contract. The committee approved the item.
Next, the committee reviewed an initial contract for the Kentucky Board of Hairdressers and Cosmetologists. The board explained that its small legal staff was handling 11 active cases and needed outside counsel with investigators and additional attorneys because of ongoing litigation and disciplinary changes tied to prior legislation and a recent LOIC report. Members asked whether the contract was a not-to-exceed amount and whether the board could afford it; the board said the $50,000 was a ceiling, not an expected spend, and that the board was fully funded through licensing fees and currently running a surplus. Senator Thomas urged support, citing recent reforms in Senate Bills 14 and 22 and the need to help the board work through corrective action. The committee approved the contract. The Board of Pharmacy item was then deferred at the agency’s request until the June 2025 meeting, and the committee approved that deferral.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (04/22/2025)
Transcript Highlights:
- exchange for signing a long-term agreement, sometimes for up to 40 years, for future real estate brokerage
- 16:23.600><c> estate</c> to 40 years, for future real estate to 40 years, for future real estate brokerage
- The issue is that brokerage services.
- Unfair service agreements are implemented by certain predatory real estate brokerage firms who offer
- This bill is about prevention, preventing predatory practices whereby a real estate brokerage firm offers
Summary:
The committee first held a public hearing on Senate Bill 25, which would allow state-chartered credit unions to compensate board members if the membership approves it. Prime sponsor Senator Dan Innis said the bill is enabling only, intended to help credit unions recruit and retain qualified directors and align New Hampshire with other states that already allow such compensation. Credit union representatives from the Cooperative Credit Union Association and St. Mary’s Bank supported the bill, saying board service has become more complex because of cybersecurity, asset-liability management, and other regulatory demands, and that compensation could be modest and take forms such as meeting fees or educational reimbursement. In response to committee questions, they said compensation would be set by the membership, disclosed in advance, and subject to bylaws and internal policies; they also noted that board members must be credit union members and that voting procedures vary by institution, with some using mailed ballots rather than proxy voting.
Members raised questions about why credit union boards were historically excluded, what kinds of compensation were contemplated, whether there would be a cap, and how voting and confidentiality would work. Testimony explained that the historical rationale was the nonprofit, volunteer mission of credit unions, but witnesses argued that the modern environment and competition for talent justify a change. They also said the bill would not mandate compensation and would not create a salary structure comparable to banks, but would allow members to approve modest compensation or reimbursements. After no further testimony, the chair closed the public hearing on Senate Bill 25.
The committee then opened a public hearing on Senate Bill 26, sponsored by Senator Howard Pearl, concerning the definition of deposits in land sales and escrowed accounts. Pearl said the bill would clarify that buyer funds for upgrades and luxury items in new-home construction are not treated as refundable deposits that must be held in escrow, arguing that the current Attorney General interpretation raises builder costs, increases home prices, and can limit buyer choices. He said the proposal would allow those upgrade funds to be paid directly to builders for construction, with signed disclosures making clear that the buyer requested the items and bears the risk if financing falls through. The hearing on Senate Bill 26 had just begun when the transcript ended.
CA
California 2025-2026 Regular Session
Assembly Insurance Committee Mar 18th, 2026
Transcript Highlights:
- For example, the Burns & Wilcox brokerage has received authorization from a Lloyd syndicate, Amlin, to
- I also learned this morning of another brokerage that is poised to begin taking policies out of the clearinghouse
Summary:
The Assembly Insurance Committee held its first outcomes review oversight hearing on the residential fair plan clearinghouse program created by AB 3012. Chair and members focused on whether the program is actually helping depopulate the California Fair Plan and move policyholders back to the voluntary market. The Fair Plan and Department of Insurance testified that the program exists as a platform for admitted and, in some cases, non-admitted insurers to review Fair Plan policies and make offers through the broker of record, but they acknowledged limited participation and limited results. CDI said it has received no formal complaints specific to the clearinghouse, but identified obstacles including only 11 participating residential insurers, the broker-of-record requirement, compensation and appointment issues, and the lack of direct consumer contact. CDI said about 730 residential risks have moved to voluntary market coverage through the program from June 2021 through April 30, 2025, and opt-outs are under 1%.
Committee members pressed witnesses on the program’s opacity, the lack of data on offers made versus policies actually moved, and whether the clearinghouse is functioning as intended. CDI and the Fair Plan said they do not have data on how many offers have been made, only on cancellations that are self-reported and marked as clearinghouse-related. Members also raised regional growth in Fair Plan enrollment, especially on the Central Coast, and concerns about underinsurance when policyholders move back to the regular market. CDI recommended more mandatory reporting, broader broker education, possible direct offers to policyholders after a period of time, and changes to commission and appointment rules to reduce barriers to insurer participation.
The second panel of industry witnesses generally agreed the clearinghouse is not a stand-alone solution and said its effectiveness depends on a healthier admitted market and actuarially sound Fair Plan rates. Independent agents and brokers, admitted-market insurers, and surplus lines representatives said the current system is constrained by low rate adequacy, limited insurer appetite for high-risk properties, operational friction, and misaligned incentives. Several witnesses suggested improvements such as better data sharing, clearer depopulation procedures, stronger broker education, and more flexible appointment or compensation rules. Some supported giving the program more time under the Sustainable Insurance Strategy, while others said the Legislature should consider whether to strengthen, modify, or potentially sunset the program if it continues to produce limited results. A public witness later reported that a new carrier had recently joined the clearinghouse and was working with brokers to bring in additional capacity.
CA
Transcript Highlights:
- For example, the Burns & Wilcox brokerage has received authorization from a Lloyd's syndicate, Amlin,
- I also learned this morning of another brokerage that is poised to begin taking policies out of the clearinghouse
Committee:
House Insurance
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (01/23/2025)
Transcript Highlights:
- and eventually to the banks Brokerage and eventually to the banks and<01:14:25.120><c> what</c><01:14
- You're a brokerage firm or a custodian; you have a contract with them.
- firm or a system um you're a a brokerage firm or a custodian<01:26:27.360><c> you</c><01:26:27.600><
- Just to make sure I understand what's going on here: I use Charles Schwab as my brokerage.
- I buy some stock Schwab as my brokerage I buy some stock in<01:36:48.320><c> Dollar</c><01:36:48.639
Summary:
The committee first heard testimony on House Bill 167, which would add ski, snowboard, and boat wax containing PFAS to the state’s consumer-product restrictions. The sponsor argued the product is already banned in many places, has PFAS-free alternatives, and is used in ways that can directly contaminate water rather than landfills. She cited high PFAS levels in several New Hampshire lakes and said the bill was a simple extension of prior PFAS legislation. A witness also described a personal experience where a liquid ski wax disappeared from the market and later returned, likely because of PFAS concerns. The chair then closed the hearing on HB 167 without a vote.
The committee then opened a hearing on House Bill 312, dealing with college athletes’ name, image, and likeness (NIL) rights. Representative Moffett said the bill was modeled on New Jersey law and intended to let student-athletes earn compensation from NIL without losing institutional scholarships, while also requiring licensed representation and setting limits on certain endorsements. He described the measure as proactive because NIL rules are evolving and could create conflicts among schools and future lawsuits. Members questioned whether the bill should apply to two-year institutions, whether it should exclude firearms and weapons, and whether the scholarship protections would cover need-based or academic aid as well as athletic scholarships. Moffett said the scholarship language was intended to protect scholarships generally, but not need-based aid specifically, and he acknowledged discomfort with some of the endorsement restrictions.
Public testimony on HB 312 was mixed. One supporter, a former Division III athlete and coach, backed the bill but urged removal of a section allowing institutions or athletic bodies to use an athlete’s NIL without compensation, arguing most New Hampshire athletes do not receive NIL money and should not have to work extra jobs to cover basic expenses. The chair also raised concerns about the bill’s contractual and identity-rights implications, referencing prior committee work on a J.D. Salinger-related identity case and noting the committee had previously declined to get involved in similar contractual disputes. No vote was taken during the hearing.
NM
Transcript Highlights:
- In one capacity or another, first in the brokerage world, I still maintain a brokerage license in California
Committee:
Senate Senate Judiciary
WY
Wyoming 2026 Regular Session
House Corporations, Elections & Political Subdivisions, February 25, 2026
Corporations, Elections & Political Subdivisions
Transcript Highlights:
- So, when we write an offer or list a property, there is a brokerage disclosure that is signed and it
NM
New Mexico 2025 Regular Session
IC - Mortgage Finance Authority Act Oversight Jul 21st, 2025
Mortgage Finance Authority Act Oversight Committee
Transcript Highlights:
- Per the data points that we received from the listing brokerage and the information they had, it showed
- We have a million homes that are 10 years or older that could probably stand to have the Windows replaced
US
US Federal 2025-2026 Regular Session
Hearings to examine perspectives from the field, focusing on farmer and rancher views on the agricultural economy. Feb 26th, 2025 at 09:30 am
Agriculture, Nutrition, and Forestry Committee
Transcript Highlights:
- and Diane Bassetti came to Texas from Vineland, New Jersey in 1984 and started a small mom-and-pop brokerage
- And that's all going out the window with these firings. Mr.
Keywords:
agriculture, avian flu, bipartisan farm bill, economic challenges, poultry, dairy, specialty crops
Summary:
The committee meeting focused on crucial discussions surrounding the challenges faced by the agriculture sector, particularly concerning avian flu and its impact on poultry and dairy producers. Members provided insights into the economic struggles within the industry, emphasizing the need for a new bipartisan farm bill that addresses the diverse needs of specialty crop and livestock producers. Witnesses from various agricultural sectors spoke about their experiences, illustrating the high costs, regulatory burdens, and emerging diseases that threaten their operations. The meeting underscored a commitment to exploring solutions that will help maintain market stability and ensure food security.
HI
Transcript Highlights:
- I'm a 38-year real estate broker, and my experience is general brokerage, rental management, which would
- estate broker and my experience<00:13:10.160><c> is</c><00:13:10.360><c> general</c><00:13:10.720><c> brokerage
- ,</c><00:13:11.920><c> rental</c> experience is general brokerage, rental experience is general brokerage
Committee:
Senate Commerce and Consumer Protection
Summary:
The Senate Commerce and Consumer Protection Committee heard and considered a long list of Governor’s messages for appointments to state boards and commissions, including the Board of Dentistry, Barbering and Cosmetology, Speech Pathology and Audiology, Motor Vehicle Industry Licensing Board, Elevator Mechanics Licensing Board, Real Estate Commission, Board of Naturopathic Medicine, State Boxing Commission, Board of Professional Engineers, Architects, Surveyors and Landscape Architects, Hawaii Medical Board, Board of Physical Therapy, Board of Pharmacy, and the Public Utilities Commission. Most nominees and supporting agencies testified in support, and many nominees simply stood on their written testimony. Several nominees also answered questions about their experience and the issues facing their boards, including dental insurance and Medicaid concerns, condo and real estate disputes, pharmacy regulation and telepharmacy, boxing and MMA rule updates, and medical board service in rural areas.
The committee discussed some contested or notable nominations in more detail. Richard Emery’s nomination to the Real Estate Commission drew opposition testimony tied to a condo management dispute, and he responded by emphasizing the need for factual evidence, mediation and complaint data, and better consumer education. Trinette Kahui and Andrea Ushijima were also nominated to the Real Estate Commission, with broad support. For the Boxing Commission, Robin Jumawan described ongoing statutory updates, MMA-related work, and delegation of amateur boxing rules. For the Hawaii Medical Board, Elizabeth Ignacio was strongly endorsed by state and industry witnesses as highly qualified and familiar with rural health issues, while Rebecca Sawai also received support from the board and Kaiser Permanente.
In the decision-making portion, the committee moved to advise and consent to nearly all nominees on the agenda. Senator McKelvey stated reservations about Richard Emery due to opposition and possible conflicts, and also about nominees who were not present at the hearing, specifically Corrine Muldrow Soto and Stacie Kealoha Inouye; Senator Lamasao also noted reservations on those absent nominees. The chair disclosed personal acquaintance with Dr. Sawai and Andrea Ushijima. The committee then voted to adopt the recommendations, with the noted reservations and one no vote on GM 697 reflected in the record, and later reconvened to take up Governor’s Message 514/515 for John Etemura as chairperson of the Public Utilities Commission, where additional support testimony was heard from the Governor’s office, DCCA, and former consumer advocacy staff.
MN
Minnesota 2025-2026 Regular Session
Task Force on Homeowners and Commercial Property Insurance 12/3/25
Minnesota House Floor Meeting
Transcript Highlights:
- Based on a 2024 ranking by the publication Reinsurance News, it is the largest reinsurance brokerage
- business and anything that's small brokerage.
- business and anything that's<01:35:28.159><c> uh</c><01:35:28.320><c> small</c><01:35:28.719><c> brokerage
- </c><01:35:29.360><c> I</c><01:35:29.600><c> think</c> that's uh small brokerage.
- I think that's uh small brokerage. I think $50,000<01:35:30.560><c> and</c><01:35:30.800><c> less.
CA
California 2025-2026 Regular Session
Assembly Judiciary Committee Jun 16th, 2026
Transcript Highlights:
- learned that all nine beneficiaries were required to submit the paperwork within the same 90-day window
- family members, loved ones, and charitable organizations as beneficiaries of retirement accounts, brokerage
- This destabilization creates a large window of vulnerability that companies with opaque and confusing
- This destabilization creates a large window of vulnerability that companies with opaque and confusing
Summary:
The committee heard several bills. SB 911, by Senator Becker, would require notification and verification of defensible-space compliance when homes in high wildfire severity zones are transferred, using the preliminary change of ownership report; supporters said it would improve wildfire resilience and insurance availability, while county assessors opposed the use of the PCOR and urged a different recorded document. Members generally supported the bill but raised concerns about the 12-month compliance window and the need to keep working with assessors; the bill was held pending a quorum and later placed on call.
SB 1016, by Senator Blakespear, would create a pathway for a higher-level mental health evaluation when a Care Court petition is dismissed because the person is too ill to participate or otherwise needs more intensive care. Supporters, including psychiatrists, family members, and local officials, said Care Court is leaving many severely ill people untreated and that the bill would connect them to existing LPS processes. Opponents, including Disability Rights California, county behavioral health directors, counties, and other advocacy groups, argued it would expand involuntary detention, bypass existing pre-petition screening safeguards, and undermine Care Court’s voluntary nature. The bill passed the committee on a roll call vote and was placed on call.
SB 1112, by Senator Archuleta, would create a faster court process for victims of illegal or excessive “bandit towing” to recover their vehicles by posting a bond and obtaining a release certificate. Support came from Enterprise Mobility and the author, who said the bill targets bad actors and helps equalize leverage for vehicle owners; the California Auto Body Association sought an amendment to exclude auto repair shops. The committee passed the bill as amended to Appropriations and placed it on call. SB 1119, by Senator Padilla, would impose child-safety requirements on AI chatbots, including risk assessments, crisis-response protocols, parental controls, limits on time and data use, reporting, audits, and a private right of action. The bill was driven by testimony from the mother of a teenager who died by suicide after prolonged chatbot interactions; industry and business groups opposed or sought amendments, citing overlap with recent law, vague standards, and prescriptive design mandates. Members expressed strong support for the bill’s goals while urging tighter definitions, and the bill was moved on a roll call vote and placed on call.
CA
California 2025-2026 Regular Session
Assembly Privacy and Consumer Protection Committee May 1st, 2025
Privacy and Consumer Protection
Transcript Highlights:
- I remember walking around the block and looking at apartments, right, like for-sale signs in the window
- But I kind of go to real estate, Redfin, real estate brokerages that have a variety of commercial data
- security vulnerabilities, neighboring properties, even what is going on inside with views through the window
Committee:
House Privacy and Consumer Protection
Summary:
The committee heard several bills, with most of the discussion focused on AB 325, which would update California antitrust law to address algorithmic price fixing, and AB 1221, which would restrict invasive workplace surveillance tools. AB 325’s author and supporters argued that competitors using the same pricing software can facilitate collusion and drive up prices in sectors like housing, groceries, and frozen foods; opponents warned the bill was too broad, could sweep in lawful public-data pricing tools, and might chill ordinary business software use. Members raised concerns about housing applications, small businesses, intent standards, and whether the bill clearly distinguishes lawful market research from collusive conduct. Despite the debate, the committee voted to move AB 325 forward on a 6-2 roll call, holding the roll open for absent members.
AB 75, dealing with insurers’ use of aerial imaging for homeowners’ coverage decisions, was also heard. The author and Department of Insurance said the bill would require notice before aerial images are collected, give homeowners access to the images, and require that any image used to cancel, non-renew, or reduce coverage be current enough to allow an in-person inspection if needed. Consumer advocates supported the measure as a privacy and transparency protection, while insurers opposed it unless amended, arguing aerial imaging is a low-cost tool that helps keep coverage available and affordable and warning that more in-person inspections would raise costs and reduce the number of policies they can write. The committee moved AB 75 to Appropriations, also holding the roll open.
The committee also advanced AB 576, which the author said responds to stakeholder feedback after AB 488 by improving the Department of Justice charity registry process, including an API to help fundraising platforms update eligible charities more efficiently. AB 1160, on law enforcement drone data storage, was presented as a privacy and security measure requiring U.S.-based storage for drone-collected data and prohibiting its use, sharing, or sale by storage vendors; it too was moved to Appropriations. In addition, the committee heard AB 1221, which would ban certain workplace surveillance technologies such as facial, gait, and emotion recognition and add notice, data protection, and human-review requirements before discipline based on surveillance output. Supporters said the bill would curb discriminatory and invasive monitoring, while opponents argued it was overly broad and could interfere with legitimate security, safety, and HR uses; the transcript ends before a final vote on that measure.
MO
Missouri 2026 Regular Session
Special Committee on Tax Reform Mar 26th, 2026 at 09:00 am
Special Committee on Tax Reform
Transcript Highlights:
- I've owned an appraisal business, a real estate brokerage business, and a limestone quarry, all of which
Committee:
House Special Committee on Tax Reform