Transcript Highlights:

• Uh, so I'm here today really in the interest of progress.
• Uh, so I'm here today really in the interest of progress.
• </c><00:14:38.639><c> of</c> today really in the interest of today really in the interest of progress
• </c><00:48:12.240><c> in</c> that the people who are interested in that the people who are interested
• </c><00:51:04.880><c> in</c> population is most interested in population is most interested in guarding

Keywords: 912, senate, all

Summary: The Hawaii State Senate Committee on Commerce and Consumer Protection held an informational briefing on digital assets, blockchain, and related regulatory developments. Chair Jarrett Keohoko said the committee was focusing on national and state policy issues around digital assets, while leaving the separate issue of Bitcoin kiosks and fraud to the House Consumer Protection Committee, which had already noticed a similar briefing. No public testimony was taken; the session was for informational updates and member questions. Representatives from the Aptos Foundation, including JC Yun and Michael Cheng, gave a detailed presentation on blockchain basics and Aptos’s technology. They described blockchain as a tamper-resistant digital ledger, explained proof-of-work and proof-of-stake systems, and argued that proof-of-stake networks are faster, cheaper, and more environmentally friendly. They also emphasized smart contracts and potential uses beyond speculation, such as car titles, college transcripts, collectibles, digital IDs, real estate, and other tokenized assets. The presenters highlighted Aptos’s Hawaii connections and said the technology could help local residents and businesses participate in the digital economy. They cited adoption statistics, including billions of transactions on Aptos, tokenized money market funds from major financial firms, micro-lending applications, decentralized cloud infrastructure, and the rapid growth of stablecoins. They acknowledged concerns about scams and consumer protection, but argued that the answer is stronger regulation and education rather than avoiding the technology altogether.

Transcript Highlights:

• Speaker, is something that Alaskans are interested in. Let me touch on that briefly.
• All the other gas royalty production tax, upstream property tax, corporate income tax, collectively,
• As amended, this bill enhances the rural energy fund, paid out of state royalty gas revenue, to keep
• I asked to be excused from voting in full interest of transparency.
• It's just some interesting trivia. Thank you, Mr. Speaker.

Keywords: 905, all

Transcript Highlights:

• And specifically, I'm interested in epidemiology and response, Mr. Chair.
• This is just for your initiatives in the interest of time.
• And that’s not the royalty. That is simply the right to get the lease.
• And that means more royalties for us.
• And the last position is with regard to our royalty division, and it's a royalty compliance auditor.

Bills: HB1

Keywords: feed bill, legislative appropriations, legislative branch, New Mexico Legislature, general fund, legislative council service, legislative finance committee, legislative education study committee, house chief clerk, senate chief clerk, per diem, mileage, session expenses, interim committees, district staff, capitol complex, capital outlay data system, legislative processing system, redistricting, census redistricting

Transcript Highlights:

• It is not that because they are not interested in testimony. Dean, thank you for joining us.
• Ed, I see you registered as president of the Texas Independent Producers and Royalty Owners Association
• Texas Independent Producers and Royalty Owners Association testifying in support of House Bill 1647.
• I'd love to be a partner with anybody that's interested. Thank you, ma'am.
• President of the Texas Independent. and the Producers and Royalty Owners Association, T-Pro.

Bills: HB1647, HB2612, HB3125, HB3158, HB3240, HB3506, HB3516, HB3707

Keywords: carbon sequestration, environmental policy, Texas, energy, climate change, regulatory council, geothermal energy, workforce development, education and training, energy industry, apprenticeship, energy production, energy policy, renewable energy, state council, administrative law, public information, transparency, government accountability, judicial process

Transcript Highlights:

• An interest in leasing those areas continues to grow.
• </c><03:58:22.720><c> from</c> attracted strong interest from attracted strong interest from geothermal
• ><c> Act</c> The Geothermal Royalty Reform Act The Geothermal Royalty Reform Act introduced<04:00:10.880
• </c> provides a muchneeded fix to the royalty provides a muchneeded fix to the royalty system<04:00:14.560
• </c> delays that serve no one's interest. delays that serve no one's interest.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, June 2, 2026, 1012, house, all

Transcript Highlights:

• numbers, it would be a net annual increase for Grand Falls Royalty ISD of about $300,000.
• You know, I would never bring a bill to stop TPPF from advocating for your interests or the interests
• You know, it's been interesting to see a kind of behind-the-scenes viewpoint of TASB.
• This house has expressed interest in... ...helping teachers and improving the profession.
• I looked in the bill because I thought it was interesting.

Bills: SB 13, SB 27, SB 57, HB1325, HB1655, HB3312, HB5526, SB13, SB57, SB207, HB441, HB591, HB5019, SB27, SB843

Keywords: lobbying, public funds, political subdivision, local government, county association, municipal lobbying, registered lobbyist, Texas Legislature, taxpayer lawsuit, injunctive relief, attorney's fees, government finance, county dues, state association of counties, sheriffs association, law enforcement officers, legislative advocacy, bill tracking, legislative alerts, Government Code Chapter 556

Transcript Highlights:

• So if members come and go, it is, it is not that because they're not interested in testimony.
• The opportunity is large, but CCS is also complex, with multiple competing interests landowners, mineral
• They're people are very interested in switching over or applying their talents, but what isn't being
• We'd love to be a partner with anybody that's interested. Thank you, ma'am.
• Ed, you're here, president for the Texas Independent Producers and Royalty Owners Association, TEPPRO

Transcript Highlights:

• It was an interesting road. I always stayed just who I was back home.
• But this bill deals with how oil and gas operators and royalty owners work together.
• But seriously, this deals with how oil and gas operators pay royalties to mineral owners.
• This deals with how oil and gas operators pay royalties to mineral owners.
• And you've got the Petroleum Alliance and the Royalty Owners Coalition both endorsing this bill.

Bills: HR1055, SB2170, SB1833, SB1198, HR1056, SB1730, SB563, SB1379, SB1645, SB2155, SB1280, SB1455, SB1456, SB1461, SB1457, SB1463, SB1465, SB1466, SB1344, SB1309, HR1054, SB2159, SB1948, HB1371, SB1365, SB1976, SB1975, SB2026, SB1565, SB1621, SB237, SB933, SB1427, SB1642, SB171, SB1873, SB2067, SB1623, SB1771, SB1805, SB1826, SB2072, SB444, SB2184, SB1966, SB1812, SB2117, SB2135, SB330, SB1239, SB1428, SB1531, SB1484, SB1405, SB3

Keywords: Oklahoma Agriculture Day, agriculture, farmers, ranchers, agribusiness, food production, wheat, cattle, beef, dairy, soybeans, cotton, poultry, pork, rye, rural economy, urban-rural, trade, commodity production, Oklahoma Department of Agriculture

Summary: The House convened under quorum call and began with several recognitions and presentations, including visits from Comanche County 4-H, the Muskogee Police Department officers who completed EMT training, the March of Dimes, and Ag Day honorees, including the Ag Hall of Fame recipient Ron Justice. The chamber also adopted House Resolution 1054 designating April 2026 as Library Month, with a special presentation honoring library leaders and advocates for their work on the first Library Day at the Capitol. The House then considered and passed a series of bills, mostly on broad bipartisan votes, covering state symbols, fireworks sales, oil and gas royalty protections, AP exam access, veteran records access for grandchildren, Medicaid support for a food-is-medicine grant, law library representation, controlled substances, public health, state security staffing, financial exploitation protections, credit union modernization, workforce data, staffing contracts, enterprise zone incentives, conveyance/title theft protections, hospice narcotics disposal, duplicate statute cleanup, and memorial highway/bridge designations. One major bill, SB 237 on eliminating the solar and battery storage manufacturing tax exemption, was laid over after discussion and questions about tax policy and local incentives. Several measures drew brief explanation and questions, including SB 2159 on state symbols and wheat, SB 1948 on fireworks sales, HB 1371 on oil and gas royalty payments and bankruptcy protections, SB 1975 on AP testing locations, SB 2026 on access to veterans’ discharge papers, SB 1565 on food-is-medicine Medicaid support, SB 1642 on splitting short opioid prescriptions, and SB 933 creating a right-to-try pathway for individualized treatment. Most of these bills passed with little or no debate, and several emergency clauses also passed by the required two-thirds vote. Not all measures advanced: SB 1771, expanding Workforce Commission data authority, failed on a 27-46 vote, and the House later gave notice of intent to reconsider. SB 1365 was reconsidered and then passed, but its emergency clause failed. The session also featured an extended personal privilege speech by Rep. Scott Fetgatter marking his departure, in which he thanked colleagues and staff and reflected on his tenure and legislative work.

Transcript Highlights:

• And I don't get any royalties on it because that was already severed.
• And I don't get any royalties on it because that was already severed.
• And I don't get any royalties on it because that was already severed.
• And I don't get any royalties on it because that was already severed.
• And I don't get any royalties on it because that was already severed.

Bills: SB341, SB340

Keywords: SB341, Alabama, veteran license plate, veteran tag, distinctive license tag, specialty plate, radiation exposure, atomic bomb testing, ionizing radiation, World War II veterans, Vietnam veterans, Korean War veterans, Cold War veterans, Desert Storm, Desert Shield, Operation Iraqi Freedom, Operation Enduring Freedom, Operation Inherent Resolve, Department of Veterans Affairs, probate judge

Transcript Highlights:

• On slide 12, I'll delve into interest rate expectations and inflation.
• You're interested in the source of those changes in the estimate.
• Is it very interesting that you have a lot of airplane acronyms?
• That's interesting...
• Interesting. Thank you.

Keywords: 996, all

Transcript Highlights:

• That's the enhanced standard deduction and then the removal of tax on qualified car interest loans.
• This is probably the most interesting and also the most difficult to explain part of my presentation.
• And then we have some upward revisions in interest Or investment payments, I'll get into that.
• after the production, the royalty on the production goes to the permanent fund.
• But I would be interested to see also if they haven't been filed with Dona Ana County.

Keywords: 996, all

Transcript Highlights:

• Jennings, if you would come up and give us a couple of words about, uh, Roswell and you've got some interesting
• In the north, uh, northwest and southeast get together because of the oil and gas interests, but we have
• , not revenue, but royalties from those lands go to the permanent fund and they're managed by the SIC
• I have um one young student who is interested in welding.
• you were not at all interested.

Transcript Highlights:

• It was an interesting road. I always stayed just who I was back home.
• But this bill deals with how oil And gas operators and royalty owners work together.
• But seriously, this deals with how oil and gas operators pay royalties to Mineral owners and also protects
• Prote, would you agree that this is a great balance between the lane owner, the royalty owners, as well
• And you've got the Petroleum Alliance and the Royalty Owner's Coalition both endorsing this bill.

Bills: HR1055, SB2170, SB1833, SB1198, HR1056, SB1730, SB563, SB1379, SB1645, SB2155, SB1280, SB1455, SB1456, SB1461, SB1457, SB1463, SB1465, SB1466, SB1344, SB1309, HR1054, SB2159, SB1948, HB1371, SB1365, SB1976, SB1975, SB2026, SB1565, SB1621, SB237, SB933, SB1427, SB1642, SB171, SB1873, SB2067, SB1623, SB1771, SB1805, SB1826, SB2072, SB444, SB2184, SB1966, SB1812, SB2117, SB2135, SB330, SB1239, SB1428, SB1531, SB1484, SB1405, SB3

Keywords: Oklahoma Agriculture Day, agriculture, farmers, ranchers, agribusiness, food production, wheat, cattle, beef, dairy, soybeans, cotton, poultry, pork, rye, rural economy, urban-rural, trade, commodity production, Oklahoma Department of Agriculture

Transcript Highlights:

• Our 2026 honorees and royalty are Ms.
• Thank you, ladies and royalty. Welcome to the Capitol.
• Give it up for our royalty from Washington Parish, Louisiana.
• Well, that's interesting.
• Last night I heard an interesting concept of menhaden tamales.

Bills: HR308, HR309, HR310, HR311, HR312, HR313, HR314, HR315, HR316, HR317, HR318, HR319, HR295, HR296, HR297, HR298, HR299, HR300, HR301, HR302, HR303, HR304, HR305, HR306, HR307, HCR115, HCR116, HCR117, SCR71, SCR72, SCR73, HR73, HR118, HR144, HR196, HR237, HR249, HR260, HR267, HR272, HR273, HR276, HR278, HCR85, HCR100, HCR105, HCR107, HCR113, HCR114, SCR5, SCR29, SCR33, SCR37, SCR63, HB255, HB378, HB509, HB1090, SB80, SB131, SB143, SB251, SB254, SB279, SB367, SB384, SB388, SB389, SB398, SB408, SB431, SB468, SB469, SB496, SB25, SB132, SB155, SB157, SB202, SB295, SB433, HR179, HR223, HR225, HR274, HCR89, HR252, HR253, HCR96, HCR103, HCR108, HCR26, HB250, HB265, HB339, HB427, HB445, HB463, HB468, HB606, HB639, HB649, HB665, HB746, HB781, HB853, HB861, HB872, HB886, HB916, HB937, HB1054, HB1068, HB1117, HB1237, HB74, HB108, HB956, HB1085, HB1137, HB62, HB193, HB210, HB220, HB246, HB364, HB420, HB475, HB584, HB622, HB772, HB784, HB949, HB953, HB1043, HB1070, HB1092, HB1134, HB1162, HB1176, HB1196, HB1214, HB1199, SB268, SB283, HB782, SB149, HR84, HB646, HB998, SB56, SB163, SB197, SB97, SB326, SB341, SB518, SB123, SB353, SB479, SB495, HB901, HR20, HR74, HR168, HCR65, HCR71, HCR98, HB284, HB302, HB306, HB341, HB366, HB393, HB458, HB577, HB603, HB605, HB614, HB625, HB733, HB752, HB773, HB798, HB911, HB955, HB996, HB1035, HB1069, HB1113, HB1140, HB1180, HB1191, HB1240, HB1255, SB82, SB89, HB134, HB258, HB359, SB29, SB42, SB43, SB217, SB274, SB300, SB379, SB382, SB441, SB449

Keywords: HR 308, House Resolution 308, Pope Leo XIV, Catholic Church, Holy See, Vatican, commendation, resolution, Louisiana Catholic heritage, St. Louis Cathedral, New Orleans, South Louisiana parishes, religious recognition, ceremonial resolution, faith leadership, pontificate, spiritual solidarity, human dignity, peace, mercy

Transcript Highlights:

• And with that, I know she truly is royalty. And with that, I know she truly is royalty.
• And his career was really interesting sitting and talking to him.
• And his career was really interesting sitting and talking to him.
• And he's interested in culinary arts.
• You'd have green space interests and into it. Thank you, Mr. President.

Keywords: 996, all

Transcript Highlights:

• President, the interesting thing about that, Senator, is that I mentioned this earlier.
• We also raised the oil and gas royalty rates.
• We also raised the oil and gas royalty rates.
• It's kind of interesting to read some of the letters that I've gotten about this bill.
• in the environment, and I'm really interested in health and human services.

Summary: The Senate opened with roll call, an invocation, pledges, and a series of announcements and guest introductions tied to several recognition days, including Disability Rights Awareness Day, Elevate the Spectrum Day, Geothermal Rising Legislative Day, DWI Awareness Day, and Adult Education and Literacy Day. Senators also welcomed guests for New Mexico Down Syndrome Day and other constituent visits, and the chamber read certificates recognizing the Hurley family and the New Mexico Military Museum, as well as adult education and literacy programs across the state. Testimony and remarks highlighted the service of the Hurley family, the importance of adult education for workforce and civic participation, and the contributions of people with disabilities and their families. The Senate adopted multiple committee reports and received House messages on several bills and resolutions. On third reading, the Senate passed Senate Bill 96, as amended, which streamlines child care licensing and reduces administrative barriers to opening or expanding child care homes and centers; an HOA-related floor amendment was adopted after discussion about local restrictions and neighborhood traffic concerns. The chamber then passed Senate Bill 14, as amended, which expands the state’s health professional loan repayment program with $25 million in funding split between physicians and allied health professionals/nurses, with questions focused on eligibility, prioritization, and whether the funding would be sufficient to address shortages. Senators also debated the bill’s support for part-time service and its role in helping New Mexico compete for medical workers. The Senate next passed Senate Bill 104 unanimously, establishing a process for removing a wildlife commissioner that requires gubernatorial initiation, notice and a hearing, and direct review by the state Supreme Court; debate centered on due process, the removal standard of incompetence, neglect of duty, or malfeasance, and how the new process compares with prior law. Finally, the chamber took up Senate Bill 50, which would give the Law Enforcement Training Standards Council more flexibility to set training curricula for officers, especially in rural departments; sponsors said the bill preserves minimum training while allowing updates for current issues, but several senators raised concerns that the measure could weaken explicit statutory requirements for domestic violence and sexual assault training and asked how those topics would remain protected in the future curriculum.

Transcript Highlights:

• The members who are here are here because they have demonstrated interest or professional expertise in
• We're able to charge a lower interest rate than the open market rate, and in many instances below...
• Our interest rates are pretty low. We're at 2.5% right now for our interest rate for our loans.
• President, Texas Independent Producers and Royalty Association, Owners Association. Mr.
• Payments that are made to royalty owners and working interest owners, ad valorem taxes that are paid

Keywords: 1184, house, all

Transcript Highlights:

• Well, I think that's, it's funny, you said something very interesting.
• Because we know of the interest in women's health, we wanted to give you a high-level overview of the
• That's interesting. I might want to talk to you later about that. Yes.
• So we take royalties. So once they're making money than the state makes money.
• So they're they're paying royalties back royalties.

Keywords: 1184, house, all

Transcript Highlights:

• Turning to slide 11, we'll examine inflation and interest rates.
• The federal funds rate, which is an important interest rate underpinning many other rates in the market
• And talk a little bit about severance taxes and rents and royalties.
• If you're interested in digging in a little deeper, they're moving on to the gross receipts tax.
• We're talking about the interest rate that we're making in a serious downturn.

Transcript Highlights:

• Royalty owners: it extends the well life and sustains royalty income that may otherwise be lost.
• I just know that Alaska has many of the royalties.
• I just know that Alaska has many of the royalties.
• It was kind of interesting because with the hospitals and the schools, It was kind of interesting because
• That was interesting. We put out the... That was interesting.

Keywords: 908, all

Summary: The committee met to continue its tax reform and relief study agenda, approved the December 3, 2025 minutes, and announced a new subcommittee to examine property tax statement issues with counties, auditors, and the tax office. Representative Headland was named chair, Senator Rummel vice chair, and Representatives Dressler and Dr. Dr. and Senator Patton were also assigned. The chair noted the group may need an additional meeting and thanked staff and attendees. A major portion of the meeting focused on economic development incentives. The Department of Commerce presented on the Renaissance Zone program and TIF districts, describing Renaissance Zones as locally tailored tools that combine local property tax relief with state income tax incentives. Commerce said the program has supported thousands of projects since 1999 and cited examples from Beach and Mandan showing increases in property and taxable value, business retention, housing, and downtown revitalization. Committee members raised concerns that smaller rural communities often lack the staff and expertise to apply, and Commerce said it provides outreach through conferences, office hours, and one-on-one assistance. League of Cities and local officials from Bismarck and Ellendale echoed the capacity issue, discussed how the programs have worked in their communities, and suggested possible reforms or more targeted support for small towns. Ellendale’s mayor also described two TIF districts, one for industrial infrastructure in Oaks and one for housing infrastructure tied to a data center project in Ellendale. The committee then turned to stripper oil taxation. The Tax Department gave a comparison of oil and gas tax structures in selected states, noting that most have some form of stripper or marginal well provision, while Alaska does not appear to have a specific stripper-well exemption. Members asked for more detail on definitions and North Dakota’s annual adjusted rate. The Department of Mineral Resources followed with a detailed presentation on North Dakota stripper wells, explaining the statutory thresholds, the 12-consecutive-month production test, and the fact that once a well qualifies it remains on stripper status even if production later rises. DMR said about 11,332 stripper wells are active, representing roughly 54% of wells and about 16% of state production, and emphasized that stripper status can extend well life, preserve tax revenue, and reduce orphaned wells. Committee members and industry witnesses discussed refracs, the economics of keeping marginal wells active, and the competitive disadvantage created by North Dakota’s oil price discount. No votes were taken on these informational items.