Transcript Highlights:

• There's townhome areas in my district that have an HOA because they are tethered together.
• There's townhome areas in my district that have an HOA because they are tethered together.
• There's townhome areas in my district that have an HOA because they are tethered together.
• There's townhome areas in my district that have an HOA because they are tethered together.
• There's townhome areas in my district that have an HOA because they are tethered together.

Keywords: 1187, senate, all

Transcript Highlights:

• Circle, Tether, Wyoming, Frontier Coin, they're all stores of value of a stablecoin, but they're also
• On the right, they've got things like Wyoming Frontier Coin and Circle and Tether that are starting to

Keywords: 908, all

Summary: The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies. Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash. Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment. The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.

Transcript Highlights:

• annexed, then that distance limit is less important because they... to have an economic limitation of a tether
• as opposed to a distance tether.

Bills: SB434, SB844, SB898, SB1177, SB1214, SB1454, SB1920, SB1927, SB1935, SB1965, SB2010, SB2046, SB2068, SB2073, SB2183, SB2260, SB3034, SB907

Keywords: SB 434, Harris County Hospital District, hospital district police, peace officers, commissioned officers, law enforcement authority, Health and Safety Code, Code of Criminal Procedure, public safety, hospital security, county hospital district, local government, Texas criminal procedure, district police, armed security, SB 898, low income housing tax credits, LIHTC, affordable housing, Texas Department of Housing and Community Affairs

Transcript Highlights:

• So, you know, Tether is the largest stable token issuer. Um, and they have the advantage.
• So you know we Tether<00:56:55.359> is<00:56:55.520> the<00:56:55.760> largest<00
• uh stable Tether is the largest stable uh stable token<00:56:58.480> issuer.
• what would be a defensible competitive opportunity as opposed to just trying to unseat, you know, Tether
• <01:53:43.280> there's I know there's some early discussion about first-move examples, Tether

Keywords: 1189, house, all

Summary: The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects. The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case. Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.

Transcript Highlights:

• Once the permit is issued, unless there is a government subsidy where they can tether an agreement to
• there is a government subsidy where<01:16:38.880> we<01:16:39.120> can<01:16:39.199> tether
• <01:16:39.760> agreement<01:16:40.159> to<01:16:40.320> the where we can tether
• an agreement to the where we can tether an agreement to the project,<01:16:41.520> we<01:16:41.760

Keywords: 1187, senate, all

Transcript Highlights:

• And so that's kind of what I see this doing, is like tying these people together, tethering the client

Summary: The House Insurance Committee met on May 6 and first heard H.R. 196, which would create a special study committee to examine the impacts of fallen trees on residential property, property values, daily life, and the insurance market. Representative Owen said the goal was to explore whether homeowners who proactively remove hazardous trees should receive some kind of insurance incentive or discount. Members generally supported the idea, with comments noting tree-related losses in hurricane damage and suggesting the study also consider homeowners association restrictions on tree removal. The resolution was reported favorably. The committee then considered Senate Bill 100, concerning proof of insurance for transportation network company drivers. Senator Jenkins explained the bill would require ride-share drivers involved in accidents to provide the correct ride-share-specific insurance and disclose whether they were logged into the app or on a prearranged ride, with penalties for failing to do so. Supporters from the Chiefs of Police were noted, and the bill was reported favorably. House Bill 408, dealing with homeowners insurance cancellations when policyholders timely mitigate risks, drew the most discussion. Representative Jordan said the bill was intended to prevent mid-policy cancellations after homeowners complete requested mitigation work, and committee amendments changed the bill from renewal language to cancellation language and shortened a notice period from 90 to 60 days. Insurance industry representatives opposed the bill, arguing the problem was not occurring in practice, that current notice rules already address the issue, and that the bill could create confusion and litigation. After debate, the committee adopted the amendment and then voluntarily deferred the bill. The committee also took up House Bill 625 on peer-to-peer car sharing programs. Representative Jordan described it as a measure to clarify insurance and liability rules for services like Turo, and the committee adopted two sets of technical and substantive amendments, including a requirement for admitted or approved physical damage coverage when no contractual protection package exists. Enterprise Rental Car’s representative said the company supported the broader policy discussion but disagreed with the amended version and wanted the issue revisited through NCOIL. The bill was reported favorably as amended, and the meeting adjourned.

Transcript Highlights:

• And so that's kind of what I see this doing, is like tying these people together, tethering the client

Keywords: 965, house, all

Summary: The House Insurance Committee met on May 6 with a quorum and first reported favorably House Resolution 196 by Rep. Owen. The resolution creates a special study committee to examine the impact of fallen trees on residential property, property values, daily life, and the insurance market. Rep. Owen said the goal is to study whether homeowners who remove risky trees should be considered for incentives or discounts, and members discussed whether homeowners association restrictions on tree removal should also be examined. The committee next reported favorably Senate Bill 100 by Sen. Jenkins, which requires transportation network company drivers to provide the correct proof of insurance after an accident and disclose whether they were logged into the ride-share app or on a prearranged ride. Supporters said the bill would ensure the proper ride-share-specific coverage is produced and reduce administrative problems when accidents occur. House Bill 408 by Rep. Jordan, dealing with homeowners insurance cancellations after a homeowner timely mitigates risks, drew opposition from the insurance industry. Opponents argued the bill addressed a problem they said does not generally occur and could create confusion or litigation, especially given existing notice rules. After discussion, the committee adopted a committee amendment changing a notice period from 90 days to 60 days, and Rep. Jordan voluntarily deferred the bill. The committee then took up House Bill 625 by Rep. Jordan on peer-to-peer car sharing programs. Members adopted technical amendments and a substantive amendment requiring a state-admitted or approved physical damage policy when no contractual protection package is in place, with a deductible cap and subrogation rights. Enterprise representative Ryan Haney said the company supported the broader effort but disagreed with the amended approach; the committee nevertheless reported the bill favorably as amended. The meeting then adjourned.

Transcript Highlights:

• This bill started as an effort to include fusion in the advanced energy definitions, and instead of tethering

Keywords: 996, all

Transcript Highlights:

• excludes most digital currencies other than stable coins that are pegged to a sovereign currency like Tether

Bills: HB3803, HB3804, HB3805, HB3806, HB3833, HB4134, HB4233, HB4238, HB4243

Keywords: HB 3803, Texas Health and Safety Code, Chapter 712, perpetual care cemetery, perpetual care trust fund, cemetery regulation, financial confidentiality, confidential records, regulatory examination, Texas Department of Banking, commissioner disclosure, interagency information sharing, state agency enforcement, federal agency disclosure, trust fund oversight, burial services, cemetery trust, consumer protection, state banks, Texas Finance Code

Transcript Highlights:

• Bondi was fair, tethered to the rule of law, and could work with both Democrats and Republicans to serve

Transcript Highlights:

• However, they are tethered to the Trump administration’s efforts to control and defund universities.
• However, they are tethered to the Trump administration’s efforts to control and defund universities,

Keywords: 995, all

Summary: The Special Commission on Anti-Semitism met for its 11th meeting and approved the minutes from its August 7 meeting. Co-chairs said the commission had recently completed preliminary K-12 recommendations and would continue work on higher education, with additional topics such as workplace issues, the medical sector, and the arts to be addressed before the November 30 reporting deadline. They also said another public comment meeting would be held this fall. The first testimony came from Dr. Mark Posnansky of Harvard Medical School, who described anti-Semitism affecting STEM, research, and higher education. He said Jewish and Israeli students and faculty reported ostracism, gaslighting, intimidation, discrimination, and hiding Jewish identity, and he urged clear leadership statements, mandatory anti-Semitism education, and stronger reporting and discipline procedures. Commissioners asked about Harvard training, spillover into teaching hospitals, and whether anti-Semitic climates were causing students to leave; he said some students had turned down opportunities because of the environment and that concerns also affected healthcare settings. Lindsey Gabbo, a Harvard Law student and mother, testified that campus discourse after October 7 had made Jewish and Zionist students feel isolated and unwelcome, with protests, defaced hostage posters, and a student council BDS vote contributing to the climate. She said Harvard had sent some emails acknowledging anti-Semitism but that she had not seen meaningful steps to restore dialogue, and she argued the school needed more structured venues for conversation. Commissioners also asked about campus security, the effect on students’ mental health, and the impact of chants and protests that she said many Jewish students understood as calls to violence. A panel of concerned Jewish faculty and staff then offered contrasting views. Professor Jeremy Menchick argued the commission should use data carefully, include non-Zionist Jews in its analysis, and avoid reinforcing divisions within the Jewish community. Professor Hilary Lustick described restorative-practice approaches and said structured dialogue could address conflict without immediate punishment. Professor Jonathan Feingold warned that anti-Semitism was being weaponized by the Trump administration and right-wing groups to attack universities and DEI, and he urged the commission not to adopt approaches that could be used to undermine civil rights institutions. Commissioners pushed back on claims that the problem was being exaggerated or reduced to a “problem” rather than a “crisis,” and the discussion ended with continued debate over data, context, and how to balance anti-Semitism concerns with broader civil-rights protections.

Transcript Highlights:

• in the future you're trying to evaluate the savings benefits of a transmission project, the less tethered

Keywords: 1185, senate, all

Transcript Highlights:

• digital currencies other than stablecoins that are pegged to a Marcus Adams: sovereign currency like Tether

Transcript Highlights:

• no boundaries between work life and home life because now we, of course, have devices that we're tethered
• no boundaries between work life and home life because now we, of course, have devices that we're tethered
• no boundaries between work life and home life because now we, of course, have devices that we're tethered
• no boundaries between work life and home life because now we, of course, have devices that we're tethered

Keywords: 1187, senate, all

Transcript Highlights:

• Yeah, I use the one with the cord that tethers you to the desk up here, so go ahead.

Bills: HB2051, HB2324, HB2439, HB2457, HB2686, HB2837, HB2875, HB2953

Keywords: AHCCCS, lactation care, breastfeeding, health services, healthcare access, HB2324, fire code, fire marshal, state fire marshal, municipalities, cities and towns, county-owned buildings, county buildings, intergovernmental agreement, IGA, fire inspection, occupancy certificate, building inventory, local government, county government

Transcript Highlights:

• you came to work, and tonight you get to drive home, maybe think about dinner, maybe you'll walk your dog
• I think, you know, we've tried to craft this in a way that is carefully tethered to the set of challenges

Keywords: 988, house, all

Transcript Highlights:

• It was the parent company of an exchange called Bitfinex, and they emerged a company called Tether, which
• plain wrapper on it, you're a security, but you can flow funds through your system and things like Tether
• We can cut this out of the transcript, but I think my dog gave me poison ivy on top of my bald head,
• Is, uh, we may be able to get Tether to present. They're also the biggest stablecoin. Okay, good.

Keywords: 1189, house, all

Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.

Transcript Highlights:

• When it's tethered to mental health, right?
• When it's tethered to mental health, right?
• When it's tethered to mental health, right?

Keywords: 1136, house, all

Transcript Highlights:

• Jerry, then that distance limit is less important because they would have an economic limitation of a tether
• , as opposed to a distance tether.

Bills: SB434, SB844, SB898, SB1177, SB1214, SB1454, SB1920, SB1927, SB1935, SB1965, SB2010, SB2046, SB2068, SB2073, SB2183, SB2260, SB3034, SB907

Keywords: SB 434, Harris County Hospital District, hospital district police, peace officers, commissioned officers, law enforcement authority, Health and Safety Code, Code of Criminal Procedure, public safety, hospital security, county hospital district, local government, Texas criminal procedure, district police, armed security, SB 898, low income housing tax credits, LIHTC, affordable housing, Texas Department of Housing and Community Affairs

Summary: The committee heard several bills dealing with local government authority, homeowners associations, hospital district policing, school AED inspections, special district annexation, public contracting penalties, and guaranteed income programs. Senate Bill 2073 by Sen. Zaffirini would clarify that appraisal districts may finance purchases, leases, or construction of real property for appraisal offices without prior approval from taxing units; it was supported by the Texas Association of Appraisal Districts and left pending. Senate Bill 1935 by Sen. Hinojosa would increase homeowner control of property owners association boards, require more transparency, limit fines and assessment increases, and require accessible meeting locations; HOA and builder representatives opposed it, arguing it would hinder maintenance and make dues harder to manage, and the bill was left pending. Senate Bill 434 by Sen. Miles would authorize Harris County Hospital District police officers, was supported by Harris Health, and was left pending. Senate Bill 1177 by Sen. Alvarado, as substituted, would require school AED inspections during fire inspections and reporting to school leadership; it was left pending. Senate Bill 1214 by Sen. Perry would update Concho County Hospital District law to align with current procurement and notice rules; it was left pending. Senate Bill 1965 by Sen. Middleton, for Sen. King, would tighten notice and proximity rules for special district annexations; district witnesses warned the bill could interfere with service to noncontiguous tracts, and the bill was left pending. The committee also took up Senate Bill 2046 by Sen. Bettencourt, which would increase criminal penalties for county purchasing act violations involving unauthorized separate or sequential purchases to evade competitive bidding, and create a tiered penalty structure based on contract amount. Former Harris County DA Kim Ogg, Deputy Attorney General Josh Reno, and James Quintero supported the bill, citing recent Harris County bid-rigging cases and arguing the current Class C misdemeanor penalty is too weak to deter misconduct; some members questioned whether the proposed thresholds were too low and whether stronger oversight, rather than higher penalties alone, would be more effective. The bill was left pending. Finally, Senate Bill 2010 by Sen. Bettencourt would bar counties and other political subdivisions from operating guaranteed income programs and address constitutional gift-clause concerns. Testimony split sharply: Ogg and Quintero argued such programs are unconstitutional, can be used for political data collection, and should not be funded with public money, while Paige Terry Barry defended the bill as protecting taxpayers and discouraging dependency. Senators also debated whether the state can restrict use of federal grant funds and whether local governments should be allowed to run such programs; the bill was left pending.

Bills: SB372, SB1224, SB1232, SB1264, SB1330, SB1381, SB1441, SB1450, SB1589, SB1618, SB1936, SB1980, SB2011, SB2030

Keywords: SB372, firearms, gun rights, lawful carry, concealed carry, open carry, handgun license, Oklahoma Self-Defense Act, weapons policy, gun law, school safety, private school, public school, college campus, university campus, technology center, courthouse, government buildings, municipal buildings, county courthouse