Transcript Highlights:

• The broker-dealers also are supervised by FINRA as well.
• <00:47:37.760> The those broker dealer examinations.
• The those broker dealer examinations.
• The broker those investment advisors.
• Broker mortgage exams also up there.

Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:15 Department of Insurance Update 00:01:39 Department of Financial Institutions Update 00:37:07 Insurance Industry Update 00:54:50 Credit Union Industry Update 01:10:53, 958, all

Summary: The committee met with a quorum, approved the September 16 minutes, and then received an update from Insurance Commissioner Sharon Clark and staff on the Department of Insurance. Clark reviewed department activity, including growth in premium volume and licensing, consumer complaints and recoveries, and a rise in fraud referrals. She said the department has 66 open fraud cases and described common schemes such as staged auto accidents, inflated repair or cleanup charges, and roofing scams. She also said the department’s investigators often prepare strong cases but face reluctance from local prosecutors, especially in Fayette and Jefferson counties, to pursue them. Clark reported favorable workers’ compensation news, saying rates will decrease 9.7% next year for the 20th straight year. She contrasted that with a difficult property insurance market driven by storms, reinsurance costs, inflation, labor shortages, and litigation, but said Kentucky’s market remains relatively stable, citing the Kentucky Fair Plan’s small number of policies. She then warned of significant 2026 health insurance premium increases on the exchange: 16.1% for Molina, 23% for Anthem, and 37% for WCare, after CareSource withdrew. She said the rates were reviewed by actuaries and found fair, but that the biggest pressure point is the scheduled expiration of enhanced premium tax credits, which she said could leave about 90% of exchange enrollees facing a compounded increase. Members questioned Clark about fraud prosecution, the number of people in commercial versus public coverage, and the impact of expiring subsidies. Clark said the prosecution issue is mainly with Commonwealth attorneys and that rural counties are more cooperative than urban ones. She also said the health market is individually rated and that older enrollees would be hit harder, while the loss of tax credits could push some people out of the marketplace. One member asked about the attorney general’s recent opinion on SB 188, the PBM bill; staff said attorneys were still reviewing it. Clark closed by noting that Kentucky’s fraud and towing/storage legislation has become a model for other states.

Transcript Highlights:

• <00:14:44.160> and companies real estate brokers and companies real estate brokers and companies
• <00:18:26.559> property real estate agents and Brokers property real estate agents and Brokers
• <01:14:25.360> to know that's probably difficult data to know that's probably difficult data
• So we'd like to be able to collect data outside of an enforcement process.
• So we'd like to be able to collect data outside of an enforcement process.

Keywords: 1183, house

Transcript Highlights:

• There's a lot of different data out there, and slicing the data one way might show us that this person
• I think you have the data to perform that comparison with what you're doing here. Okay, thank you.
• brokers.
• ... broker companies. of House Bill 5081.
• My information was widely available because of data brokers spreading my personal information all over

Bills: HB223

Keywords: municipal budget, county budget, local government finance, spending cap, expenditure limit, inflation plus population growth, taxpayer impact statement, budget transparency, property tax, fees, Legislative Budget Board, voter approval, disaster spending, fiscal restraint, Texas Local Government Code, city budget, county expenditures, 1185, senate, all

Transcript Highlights:

• The Federal Trade Commission highlighted consumer harms in its enforcement against a data broker selling
• and sale of their data.
• <00:20:03.120> broker<00:20:03.440> selling against a data broker selling against a
• data broker selling geoloccation<00:20:04.480> information<00:20:05.039> that<00:20:05.360
• passed and adopted comprehensive data passed and adopted comprehensive data privacy<00:20:24.480

Keywords: 912, senate, all

Summary: The Senate Labor and Technology Committee heard testimony on several measures. SB 2245 would tighten revolving-door restrictions for state employees by barring new employees from acting on matters they worked on before state service and imposing a 12-month post-employment restriction for certain former Governor and Lieutenant Governor staff; the Ethics Commission and League of Women Voters supported it, and the committee later passed it as is. SB 99 would allow certain retirees to return to work as school resource officers or investigators without losing retirement benefits; the Attorney General supported the investigator portion, ERS and other agencies offered comments and suggested amendments, and the committee passed the bill with amendments, including changes from the Attorney General, ERS, and the Department of Law Enforcement, plus a far-future effective date. SB 2304, which would expand identity theft law to cover AI/deepfake or materially deceptive media impersonation, drew opposition from the Attorney General and Honolulu Prosecutor over prosecution burdens and First Amendment concerns, while some prosecutors and others supported it; the committee deferred the bill. SB 2115, dealing with collective bargaining impasse procedures for repricing public employee classes, drew opposition from human resources officials who said arbitrators lack the technical expertise needed, while unions and HGA supported the measure; the committee deferred decision-making to a later hearing. The committee also heard SB 1036, a net neutrality bill that would bar broadband providers from blocking, prioritizing, or zero-rating traffic. Supporters argued Hawaii needs stronger consumer protections, while the Hawaii Broadband Office said it saw no current problem in Hawaii and warned the bill could affect federal BEAD funding unless exempted; the committee deferred the measure. SB 1163 would prohibit the sale of geolocation and browser data and data collected through microphone-based background apps; Consumer Protection supported the intent but urged a broader privacy framework, and the Honolulu Prosecutor sought an exemption for lawful law-enforcement investigations, which the committee later accepted along with Hawaiian Telecom’s proposed amendments before passing the bill with amendments. SB 2076 would update publicity-rights law to address AI/deepfake uses of a person’s likeness; testimony supported the goal and amendments from the Recording Industry Association of America, and the committee passed the bill with amendments, including replacing references to AI/deepfake with “digital replica.” After hearing testimony, the committee recessed briefly to obtain quorum and then reconvened for decision-making. It adopted the chair’s recommendation to pass SB 2245 as is, passed SB 99 with amendments, deferred SB 2304, deferred SB 2115 to a later hearing, deferred SB 1036, passed SB 1163 with amendments, and passed SB 2076 with amendments. The meeting then adjourned.

Transcript Highlights:

• So I think the risk really is in the area of data brokers and use of that data for purposes that are
• Uh, a bill drafted on data brokers has not been introduced yet.
• <01:31:22.159> of<01:31:22.320> that of um data brokers and um use of that of um data
• brokers and um use of that data<01:31:23.120> for<01:31:23.440> purposes<01:31:24.080>
• Uh, a bill drafted on data<01:31:53.679> brokers. data brokers. data brokers.

Keywords: 919, house, all

Summary: The committee approved the October 15, 2025 minutes and then held a broader discussion on current challenges with data retention and government transparency. Judy Randall of the Office of the Legislative Auditor said historical data is essential for post-audits, which often look back three to five years, and that retention decisions must balance audit needs with the burden of separating public and nonpublic data. She described the records-retention panel process as informal and largely based on individual judgment, noting she had objected to a proposed 60-day email retention period and generally uses a three-year guideline, though she said that standard is not grounded in a formal rule. Members discussed whether auditing standards should set retention periods, with Randall saying auditing is a good starting point but other offices, including the attorney general, also have needs, and that some agency discretion is unavoidable because of the gray area between official records and non-records. Representative Elkins raised the related principle of data minimization, arguing that government should not keep data longer than needed and citing a University of Minnesota legacy data warehouse breach as an example of the risks of retaining unnecessary sensitive information. Randall agreed that data no longer needed is a liability and said her office purges workpapers after five years. Representative Scott pressed whether three years is enough for fraud investigations and financial records; Randall responded that a reasonableness standard is needed and that longer retention can produce diminishing returns, though she said she would follow up on whether financial records should be treated differently. Tanya Tacker of the Rum River Special Education Cooperative testified in support of updating Minnesota’s data-retention laws for schools. She said districts want to protect student information and maintain transparency, but the current general retention schedule dates to 1985 and 2000 and does not reflect digital records, modern systems, or the volume of special education data. She urged modernizing the schedule, clarifying what must be kept in paper versus digitized form, aligning state rules with IDEA and other federal requirements, and providing practical guidance and tools. Members praised the specificity of her recommendations. Dr. BB Newman testified that retention failures in St. Anthony Village have made it difficult to obtain routine municipal and police data, with records delayed, missing, or inconsistently produced and no clear explanation of what systems were searched or whether records were destroyed. Newman argued these gaps undermine statutory access rights and force residents into costly litigation, and recommended stronger retention auditing, documentation of destruction, mandatory disclosure of systems searched, and consequences for noncompliance. In response to questions, Senate counsel said there is generally no direct penalty, but affected parties may seek mandamus, Data Practices Act claims, or informal mediation/opinions from the Data Practices Office. The discussion closed with calls for clearer standards and possible legislative updates to improve compliance and transparency.

Transcript Highlights:

• broker to be able to access this type of insurance market.
• So we do see that relationship with these data.
• We also look at using administrative high school data.
• I also didn't see whether or not this data is reflected...
• So short answer, our data don't allow us to look at a lot of that, as the claims data doesn't have that

Summary: The committee heard a work session on earthquake insurance, beginning with background from the Office of the Insurance Commissioner. OIC staff explained that earthquake and earth movement are generally excluded from standard property policies, that earthquake coverage is usually purchased through endorsements or standalone policies with high deductibles and relatively high premiums, and that surplus lines are a limited backstop market not covered by the state guarantee fund. They also described parametric insurance and captive insurance as more specialized products generally suited to commercial or governmental buyers rather than ordinary consumers. A second panel of insurance and banking experts focused on commercial earthquake exposure, especially for older buildings, collateralized loans, and potential knock-on effects to banks and consumers if a major quake caused widespread damage. Members asked about consumer impacts, mitigation incentives, inventories of vulnerable buildings, and whether legislation such as prior work on unreinforced masonry could help reduce risk. The Washington Bankers Association said earthquake insurance is expensive and that affordability is a major concern, while also noting banks participate in disaster-recovery planning and would be affected by major regional losses. No votes or formal actions were taken. The committee then received a presentation from the Washington State Institute for Public Policy on its cannabis and Initiative 502 research. WSIPP staff described the agency as a nonpartisan research institute that conducts legislative-directed studies and explained that its long-term I-502 assignment includes periodic reports leading to a final benefit-cost evaluation in 2032. Staff summarized findings from a 2023 report showing that cannabis possession convictions fell sharply after legalization, though some racial disproportionalities persisted, and that closer retail access was associated with higher reported adult cannabis use, more fatal traffic crashes involving drivers from nearby areas, and higher rates of cannabis use disorder diagnoses among Medicaid enrollees. A 2023 youth-focused report found that students attending schools near retailers were more likely to report cannabis use, had more unexcused absences, and were less likely to graduate on time. In the newest 2025 Medicaid study, staff said retail access was associated with higher probabilities of cannabis use disorder diagnoses, related hospitalizations, inpatient treatment, and co-occurring mental health diagnoses, with event-study analysis suggesting the increases appeared after retailers opened rather than before. Members asked about racial disproportionality, the meaning of cannabis use disorder diagnoses, THC and impairment, whether the findings reflected medical versus recreational use, and how the results should be interpreted in light of broader trends and data limitations. No formal committee action was taken.

Transcript Highlights:

• Um, of the few dozen cases that data.
• sensitive data under the Minnesota Consumer Data Privacy Act.
• The primary effect of classifying data as sensitive data is that it changes that data from being data
• The primary effect of classifying data as sensitive data is that it changes that data from being data
• about data practices and data privacy. about data practices and data privacy.

Bills: HF3642, HF2700, HF3615

Keywords: virtual currency, kiosks, prohibition, customer payouts, cryptocurrency regulation, consumer privacy, data privacy, health data, sensitive data, Minnesota Consumer Data Privacy Act, personal data, data broker, targeted advertising, geofencing, location tracking, health care privacy, patient privacy, consent, minor privacy, children's privacy

Summary: The Commerce Finance and Policy Committee met on House File 3642, which would prohibit virtual currency kiosks in Minnesota. The bill was laid over, and the committee adopted a DE1 author’s amendment. Chair Kaggel and Representative Perryman described the measure as a response to widespread scams using crypto kiosks, especially against older adults and other vulnerable people, and said they would continue working with the Department of Commerce and other stakeholders. Testimony from law enforcement and advocates strongly supported the ban. A St. Cloud police sergeant and a Woodbury detective described cases in which victims lost large sums, said the current safeguards and refund rules are being bypassed, and argued that the kiosks are difficult to investigate because funds move quickly and often overseas. An AARP Minnesota volunteer also supported the bill, saying kiosks are a preferred tool for scammers and that existing protections have not kept pace with the problem. The Department of Commerce said it strongly supports the bill and reported that it has received 120 complaints over three years involving nearly $1 million in reported losses, with 2025 the worst year so far. The main opposition came from CoinFlip’s general counsel, who argued that the problem is fraud generally, not kiosks themselves, and said Minnesota already has consumer protections, including refunds for eligible victims. He urged stronger regulation rather than a ban, citing blockchain analytics, hold periods, and 24-hour customer service as alternatives. Committee members then asked questions about how long kiosks have operated in Minnesota, how many there are, who owns them, and the scale of losses; Commerce said there are hundreds statewide, operated by a variety of companies, and that reported losses are likely undercounts.

Transcript Highlights:

• Now, during the open enrollment period, we are going to have to partner very closely with brokers so
• So I would just suggest that you get with the health carriers that are licensed with those brokers to
• Is there any new data or transparency that the legislature will receive compared to the current law once
• Be Well New Mexico website, they've actually made a lot of incredible strides in putting a ton of data
• a specific per person requirement in the reporting piece, but there are costs, and there's lots of data

Transcript Highlights:

• H.B. 676 creates the crime of fraudulent patient referrals, or as it is referred to, body brokering.
• Body brokers simply find folks in AA meetings sometimes, or in meetings.
• The brokers can make thousands of dollars per patient for these fraudulent referrals.
• HB 676 criminalizes these fraudulent patient referrals, or body brokering, by making it illegal to pay
• It stops these brokers from treating patients like their products.

Keywords: 974, senate, all

Transcript Highlights:

• The data demonstrating these outcomes is heartbreaking.
• Right now, overly burdensome broker deposit regulations are standing in the way.
• Right now,<05:08:20.000> overly<05:08:20.480> burdensome<05:08:21.040> broker<05
• :08:21.520> deposit now, overly burdensome broker deposit now, overly burdensome broker deposit
• the overly stringent broker deposit<05:08:50.160> rules.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, May 19, 2026, 1012, house, all

Transcript Highlights:

• I'm sorry, I'm Richard Emry, principal broker for Hawaii First Realty.
• He is the broker for Hawaii First Realty, and he has also been given authority to speak on behalf of
• <01:23:26.080> um every employee needs to be a broker um every employee needs to be a broker
• <01:28:01.199> license<01:28:01.719> which estate broker license which estate broker
• <01:29:16.520> license and having a real estate broker license and having a real estate broker

Keywords: 912, senate, all

Summary: The committee opened by outlining testimony procedures and then heard SB 376 on tax credits, which would create a home fire safety improvement tax credit. Testimony from the Tax Foundation of Hawaiʻi urged that the concept would be better handled as a subsidy program and raised drafting concerns about unclear definitions and eligibility. Later, the committees agreed to pass SB 376 with amendments, including making the credit nonrefundable, clarifying third-party certification, deleting recapture-related language, and making technical changes. Members then heard SB 417, which would make unlicensed contractor work during or within five years after an emergency or disaster a class B felony. The Contractors License Board was listed for comments, and the Subcontractors Association supported the measure. The committees ultimately recommended passage with technical, non-substantive amendments and an adjusted effective date, and the measure was adopted. A substantial portion of the meeting focused on SB 782, which would require free and accessible voice communication services for incarcerated people and prohibit state agencies from profiting from those services, while also directing the PUC to set standards and providing funding for the SAVIN victim notification program. Supporters, including the Public Defender, ACLU of Hawaiʻi, Worth Rises, and others, argued the bill would reduce costs for families, improve reentry, and align adult corrections with the juvenile system. Opponents, including the Department of Corrections and Rehabilitation, the Hawaiʻi Paroling Authority, and SAVIN-related witnesses, warned that changing the funding structure could weaken victim notification and safety services. The committees deferred SB 782. The committee also heard SB 999 on fireworks, which would repeal permissible consumer fireworks uses, impose civil penalties and forfeiture remedies, and create a forfeiture special fund for safety education. The Department of Law Enforcement and Honolulu Police Department supported the bill, while fireworks industry representatives and others opposed it, arguing prohibition would be ineffective and urging stronger enforcement and education instead. The committees deferred SB 999 for further consideration, and SB 1136 on insurance was also deferred after insurers and the Department of Commerce and Consumer Affairs opposed it. In the later joint session with the Committee on Economic Development and Tourism, SB 744 on condominium loans was heard with support from the Hawaii Green Infrastructure Authority and banking groups, while one testifier raised concerns that the program could function like C-PACE financing and add risky debt to condominium associations; testimony and discussion continued on that measure.

Transcript Highlights:

• This rule would provide regulation of mortgage lenders, brokers, and other services.
• This is the property tax assessment rule for microgrids and data centers.
• Further language is added detailing valuation determinations when a high-impact data center or power
• generation enterprise is within a certified... ...determination when a high-impact data center or power
• This strike-and-insert amendment adds a section of code that deals with microgrids and data centers,

Keywords: 994, senate, all

Summary: The Senate Finance Committee met with a quorum present and first approved the minutes of the previous meeting. It then took up House Bill 5438, which revises parts of the school aid formula and limits certain uses of instructional program, technology, and induction funds; the committee adopted an Education Committee amendment and reported the bill to the full Senate. The committee also reported House Bill 4087, creating the West Virginia-Ireland Education Alliance for higher education partnerships and grants, after brief explanation and no opposition. Members then considered House Bill 4191, which expands the child care tax credit to employer-sponsored child care facilities and changes subsidy payments from attendance-based to enrollment-based, with electronic filing requirements by 2026. Senators spoke in strong support, describing it as a workforce and economic development measure, and the bill was reported. House Bill 5074, which redirects medical cannabis fund balances and future revenues to general revenue and several specified purposes including the Supreme Court, universities, law enforcement, and health programs, was amended to increase the court allocation and remove the direct university research earmarks; it was reported over concerns that accumulated fund money would be diverted to general revenue. The committee also advanced House Bill 5353, bringing virtual currency kiosks under money transmission licensure and adding consumer disclosures, transaction limits, support requirements, and anti-fraud protections; a strike-and-insert amendment clarified kiosk rules and added law-enforcement contact requirements. House Bill 5527, regulating licensure of wellness reimbursement program administrators and related broker duties, was amended to clarify the definition and protect proprietary licensing information from public disclosure, then reported. House Bill 5687, as amended, phases down the metallurgical coal severance tax and incorporates a separate oil-and-gas tax reduction for new wells while adjusting county and municipal distributions, and it was reported. The committee also approved a large revenue rules bundle, House Bill 4245, with amendments to a lottery rule and a pre-need burial company rule, and reported House Bill 4418 to create an electronic municipal B&O tax filing system once enough municipalities participate. Finally, the committee reported House Bill 5168, which creates a permanent $12 million lottery-funded EMS support structure, including mental health treatment funding, county EMS funds, and an all-county EMS fund; members emphasized the need for stable EMS funding, especially in rural areas, and clarified how counties with and without levies would benefit. The committee then announced several Senate bills would not be taken up that day and adjourned.

Transcript Highlights:

• First of all, particularly related to the jurisdiction here, there was opposition from the data broker
• We need employer data and we need government-held data to prepare for this moment.
• I will note that that wasn't data you two cited, but if you look at the data... opportunity to inform
• data you two cited, but if you look at the data coming out of their version of the WARN Act on this
• Beyond unlawful data sharing, employment. Data even after being warned.

Keywords: 988, house, all

Transcript Highlights:

• One is we're asking Minnesota Housing to track key data and provide that data to this housing committee
• to track key data and provide that<00:36:28.480> data<00:36:28.720> to<00:36:28.920>
• to this housing Committee in that data to this housing Committee in the<00:36:30.000> legislature
• and I'm the CEO I'm a real estate broker and I'm the CEO of<01:10:20.679> brigh<01:10:20.920>
• have Michelle Carlson real estate broker have Michelle Carlson real estate broker and<01:15:39.639

Bills: HF1143, HF1548, HF1340, HF2549, HF2559, HF1673, HF2740, HF2507, HF2461, HF2381, HF2695

Keywords: education funding, unemployment aid, special education, Minnesota statutes, appropriations, housing, redevelopment, local government, trust funds, community development, HF1340, housing infrastructure bonds, Minnesota Housing Finance Agency, MHFA, affordable housing, supportive housing, permanent housing, adaptive reuse, area median income, AMI

Transcript Highlights:

• Sometimes directly, other times through brokers.
• out-of-state facilities with minimal oversight, chipped into California through online or third-party brokers
• Data that allows us to trace origins, identify patterns of abuse and fraud, and hold unethical breeders
• and brokers accountable.

Keywords: 988, house, all

Transcript Highlights:

• So it's within the data boundaries that we've created for all data.
• So when someone puts data in Poppy, the default is they're the only human on earth who can see that data
• To meet operational needs, we're requesting a one-time increase of $2.2 million from the Data Broker
• Broker Registry Fund, due to the timing of our revenue structure and the data broker side.
• To meet operational needs, we're requesting a one-time increase of $2.2 million from the data broker

Keywords: 988, house, all

Summary: The subcommittee held a May Revision budget hearing on state administration and related issues, hearing presentations from multiple departments and agencies. Early items included the Public Employment Relations Board on funding for implementation of AB 1 and a reduced request tied to AB 288, the Governor’s Office of Service and Community Engagement on a technical College Corps adjustment, and the Secretary of State on building security upgrades, election security grant matching funds, and payroll system readiness costs. The Department of Consumer Affairs presented a Board of Pharmacy modernization request and a General Fund backfill for the Bureau for Private Postsecondary Education; the LAO raised no concerns on the pharmacy item but recommended rejecting the private postsecondary backfill and questioned interest-free loan language. The Employment Development Department outlined several large workload and benefit adjustments, including EDD Next document management funding, UI loan interest, DI/PFL benefit increases, WIOA adjustments, school employee benefits, an EMT training reappropriation, and a technical reversion correction; the LAO flagged the size of the DI/PFL increase and the expansion of the document management scope, while members asked about program impacts and timelines. The California Workforce Development Board presented an April adjustment to reimbursement authority for an interagency agreement with Caltrans, which the LAO said raised no concerns. Public comment on that item and others included support for workforce and apprenticeship initiatives, including the Jails to Jobs proposal and renewal of the Apprenticeship Innovation Fund, though those were not part of the May Revision package. The Department of Industrial Relations then presented several proposals: reclassifying legal positions, continuing modernization of the workers’ compensation EAMS system, Cal/OSHA data modernization, creating a Cal/OSHA emerging technologies unit, reappropriating funds for the California Opportunity Youth Apprenticeship program, and trailer bill changes requiring electronic payment of employer assessments and adjusting the statutory treatment of the workers’ compensation administrative director’s salary. The LAO generally found the IT and salary proposals reasonable but urged close monitoring of the new emerging technologies unit. Committee members, especially Assemblymember Ortega, pressed DIR on long vacancy rates, wage theft claim delays, low collection rates for Cal/OSHA fines, and whether new resources would improve outcomes; DIR said it was pursuing recruitment, classification reviews, and process modernization, while the LAO noted that staffing alone may not explain the delays. The Workers’ Compensation Appeals Board also sought to make permanent a 2024 change to the 60-day reconsideration clock, saying it had reduced backlog and interim orders; the LAO had no concerns. Finally, the Department of Human Resources presented a statewide Employee Assistance Program contract consolidation that would lower costs compared with renewing separate contracts and requested one program manager position to oversee the contract and first responder services; the hearing continued with Finance’s response after the transcript ended.

Transcript Highlights:

• So there's real analytics and data being done. So it's an aggregate.
• Specifically, a broker may exclude the rebate payments it makes to its dealers.
• It receives from the broker by clarifying that rebate related amounts are not included in tax revenue
• This change reflects the actual economics of the transaction and incentivizes brokers to consider Texas
• is to facilitate a transaction for which The market maker is paid for providing liquidity and the broker

Bills: SB264, SB542, SB924, SB1008, SB1029, SB1036, SB1057, SB1058, SB1185, SB1202, SB1358, SB1364, SB1376, SB1569, SB1664, SB1697, SJR50

Keywords: SB 264, Texas Workers' Compensation Act, group self-insurance, self-insured groups, workers' compensation, Texas Department of Insurance, commissioner of insurance, certificate of approval, guaranty fund, trust fund, wind down, dissolution, labor code, insurance regulation, employer coverage, risk pool, business and commerce, trade workforce economic development, property owners' association, water conservation

Transcript Highlights:

• and analytics to inform advanced, data-driven policymaking.
• I just wanted to start by giving a little data point on foreclosure delinquencies.
• I just wanted to start by giving a little data point on foreclosure delinquencies. Thank you.
• I just want to start by giving a little data point on foreclosure delinquencies.
• Beyond the data, our members are staples in their communities.

Keywords: 995, all

Summary: The committee held an informational opening hearing for the Financial Services Committee, with Chair Murphy and Senator Feeney introducing new and returning members and explaining that no bills were being heard that day beyond brief introductory testimony. Commissioner of Banks Mary Gallagher thanked the committee for last session’s money transmission modernization law, and several members echoed appreciation for her office’s work. The hearing then featured a long series of stakeholder introductions and overviews of their priorities for the session. Testimony covered a wide range of financial, insurance, housing, health care, and consumer issues. Banking and mortgage groups discussed housing affordability, foreclosure delinquencies, flood insurance, regulatory changes, and the impact of federal policy shifts. Insurance representatives raised concerns about auto and homeowners market pressures, labor rates, tariffs, rebates, e-titling, third-party litigation funding, and public adjuster restrictions. Consumer and advocacy groups highlighted debt collection reform, earned wage access, retirement savings access, public banking, and consumer protections in financial services. Several speakers also emphasized the need for committee expertise and offered themselves as resources for future bills. Health-related organizations focused on insurance mandates, prior authorization, behavioral health access, pharmacy benefit manager reform, community health center funding, maternal health and midwifery reimbursement, and anesthesia reimbursement parity. Other groups, including credit unions, retailers, auto dealers, dental and medical associations, and behavioral health providers, described their roles in the Commonwealth and previewed legislation or policy areas they expect to follow this session. No votes were taken; the meeting was informational and ended after testimony from the sign-up list and a few late additions.

Transcript Highlights:

• This is for the investment advisor and broker-dealer examiners.
• Line twenty: here you see the spending for the investment advisor and broker-dealer examiners.
• The second section is a technical change relating to advisors and broker-dealers.
• The third section changes the transfer fee for broker-dealers from $25 to $65 and requires investment
• There isn't a data classification in this section, and so all the information that the ombudsman would

Bills: HF1646, HF2443

Keywords: medical debt, debt relief, healthcare financing, consumer protection, financial hardship, commerce, cannabis, insurance, housing, ombudsperson, affordability, property, task force, financial institutions

Transcript Highlights:

• There's a lot of different data out there.
• brokers.
• broker companies.
• My information was widely available because of data brokers, spreading my personal information all over
• I don't see any data here. There are no other individuals registered.

Bills: HB223

Keywords: municipal budget, county budget, local government finance, spending cap, expenditure limit, inflation plus population growth, taxpayer impact statement, budget transparency, property tax, fees, Legislative Budget Board, voter approval, disaster spending, fiscal restraint, Texas Local Government Code, city budget, county expenditures

Summary: The Committee on State Affairs heard several House bills, with most measures left pending after testimony and later taken up in a batch of votes. Early in the meeting, HB 5624 on liability protections for motocross/off-road vehicle tracks, HB 223 on requiring competitive procurement for municipal lobbying contracts, HB 3709 on post-election audit procedures, and HB 5081 on protecting personal information of judicial officers and court staff were all discussed and left pending after testimony. Witnesses on HB 223 supported greater transparency in municipal lobbying contracts. HB 3709 drew sharp opposition from an election integrity advocate who argued the bill would reduce precinct-level granularity and make it harder to detect ballot errors, while a Secretary of State resource witness said the bill would simplify and standardize the audit process by location. HB 5081 received strong support from court administration and a district judge who described prior threats and an attack tied to publicly available personal information. The committee also heard HB 3546 on allowing school districts to move elections to November, HB 493 on barring certain felony offenders from serving as poll watchers, HB 5115 on increasing penalties for election fraud and related conduct, HB 4081 on trade secret filing procedures, HB 3909 on limiting restrictions on wireless devices at polling places, HB 2702 on limiting gubernatorial closure authority for certain veterans organizations during pandemics, HB 119 on foreign adversary lobbying, and HB 5138 on the Attorney General’s authority to prosecute election crimes. Several of these bills were explained with committee substitutes and then left pending before final action. Testimony on HB 493 and HB 5115 came from an election integrity advocate who supported both bills, saying the poll watcher restriction was appropriately narrowed and that the election fraud bill would help address invalid votes and refusal to count valid votes. Later, the committee took up pending business and voted out a large number of bills, generally along party lines or with broad support. HB 186 on minors’ social media use, HB 229, HB 2885, HB 3909 as substituted, HB 4285, HB 1661, HB 2820, HB 3181, HB 4157, HB 223, HB 521, HB 640, HB 1234, HB 2253, HB 2294, HB 3053, HB 3697 as substituted, HB 4281, HB 4463, HB 4995, HB 5081 as substituted, HB 5624 as substituted, HB 119 as substituted, HB 3225, HB 5138 as substituted, HB 5115, HB 481 as substituted, HB 3546, HB 493, and HB 4145 were reported favorably to the full Senate, with several also placed on the local and uncontested calendar. The committee also adopted committee substitutes for multiple bills, including HB 3909, HB 5081, HB 5624, HB 119, HB 5138, and HB 481. At the end, the chair noted another committee meeting would likely be needed before deadlines, possibly on a weekend, and recessed the committee subject to the call of the chair.