Transcript Highlights:

• </c> recommendations on how shareholders recommendations on how shareholders should<00:07:35.680><c>
• </c> very importantly, shareholder proposals. very importantly, shareholder proposals.
• </c><00:08:46.560><c> to</c> proxy adviser pushes shareholders to proxy adviser pushes shareholders to
• 49.200><c> against</c> support a shareholder proposal against support a shareholder proposal against
• </c> solely in the interest of shareholders. solely in the interest of shareholders.

Keywords: Meeting start: 00:00 Roll Call: 00:32 HB 136 Discussion: 01:46 HB 136 Vote: 05:53 HB 183 Discussion: 07:03 HB 183 Vote: 14:45, 958, all

Transcript Highlights:

• </c><00:05:46.080><c> engage</c> does [snorts] is actively engage does [snorts] is actively engage taxpayers
• Um, our law is activities like work.
• </c> litigation was very active in the fall. litigation was very active in the fall.
• I've had the Hilton shareholder.
• </c> shareholder identification everything. shareholder identification everything.

Keywords: 1189, house, all

Transcript Highlights:

• Under these conditions, banks may not pay dividends to their shareholders without prior approval from
• that the bank under supervision may not pay any type of dividend, not only cash dividends, to shareholders
• House Bill 3806 relates to prohibited activities of a state trust company under supervision.
• It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
• , and it would strike subsection E to avoid lawsuits. to cease debt collection activities, and it would

Bills: HB431, HB1522, HB1922, HB2467, HB2468, HB3228, HB3229, HB3306, HB3803, HB3804, HB3805, HB3806, HB4219, HB4238, HB4344, HB4386, HB4739

Keywords: HB 431, Texas Property Code, Property Code Chapter 202, solar roof tiles, solar shingles, solar energy device, homeowners association, HOA, property owners' association, POA, renewable energy, residential solar, distributed solar, roof-mounted solar, homeowner rights, architectural control, open meetings, public notice, transparency, government efficiency

Summary: The committee first took up pending business and favorably reported several House bills without opposition, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061. Each was moved out of committee with a recommendation that it do pass and be printed, and several were also recommended for the local and uncontested calendar. The committee then heard HB 3306, which would extend existing construction-contract indemnity exceptions to electric infrastructure construction, maintenance, and vegetation management work for electric utilities and transmission and distribution utilities. The sponsor said the bill would reduce litigation and insurance costs for ratepayers, while construction industry witnesses argued it would shift liability onto subcontractors and create broad-form indemnity in a way Texas law has generally prohibited since 2011. HB 3306 was left pending. The committee also heard HB 4739, a Comptroller-requested cleanup bill to repeal an outdated Finance Code provision requiring remittance of a portion of certain delinquency charges to the state, and HB 3803, HB 3804, and HB 3806, all Department of Banking-requested cleanup bills dealing with confidentiality and supervision rules for perpetual care funds, state banks, and trust companies. Those bills were briefly explained and left pending without testimony. HB 4219, aimed at improving Public Information Act compliance by requiring timely notice when records do not exist or are being withheld, allowing complaints to the Attorney General, and imposing training and fee consequences for noncompliance, drew support from a journalist and a policy analyst and was also left pending. The committee then heard HB 4238 on coerced debt and identity theft. The sponsor explained that the committee substitute narrows the bill to court-ordered findings of identity theft/coerced debt, gives collectors seven business days to stop collection activity, and removes a section to avoid litigation over court orders. A law professor and a family violence advocate testified in strong support, describing coerced debt as a barrier for domestic violence and elder abuse survivors trying to rebuild credit and access housing, jobs, and utilities. The bill was left pending. HB 1522, which would require local governments to post meeting notices three business days in advance and make budget materials more accessible online and in physical form, also drew support, though a school business officials representative raised concerns about the timing language, proposed-budget wording, and taxpayer impact statements for school districts; the bill was left pending after discussion. Later, the committee heard additional pending bills, including a PUC background-check bill that would expand the commission’s authority to check current employees and contractors and obtain FBI criminal history information, HB 3805 updating money services business regulation, HB 431 extending HOA solar-panel protections to solar tiles, and HB 3228 and HB 3229 on wind and solar recycling financial assurance and recycler solvency. HB 3228 received support from a Sierra Club witness who said recycling and disposal plans are needed for end-of-life renewable energy equipment, and HB 3229 was described as requiring recyclers to show financial resources at 125 percent through a letter of credit or bond. These bills were heard and left pending.

Transcript Highlights:

• Is a sole proprietor, owner, part owner, or shareholder in a business who has a pecuniary interest in
• Is a sole proprietor, owner, part owner, or shareholder in a business who has a pecuniary interest in
• Was it, um, whoever is conducting this activity, it is for some sort of economic compensation?
• Was it, um, whoever is conducting this activity, it is for some sort of economic compensation?
• So it is simply not lobbying activities. So it is simply not an<00:13:55.360><c> organization.

Keywords: Accountability, Efficiency, Transparency - Room 210; 28 January, 2026: 10:30 AM, 925, all

Transcript Highlights:

• Under these conditions, banks may not pay dividends to their shareholders without prior approval from
• House Bill 3806 relates to prohibited activities of a state trust company under supervision.
• by clarifying that trust companies under supervision may not distribute any dividends to their shareholders
• It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
• creditors, debt collectors, or third party debt collectors 7 business days to cease debt collection activities

Bills: HB 431, HB 1522, HB 1922, HB 2467, HB 2468, HB 3228, HB 3229, HB 3306, HB 3803, HB 3804, HB 3805, HB 3806, HB 4219, HB 4238, HB 4344, HB 4386, HB 4739

Keywords: HB 431, Texas Property Code, Property Code Chapter 202, solar roof tiles, solar shingles, solar energy device, homeowners association, HOA, property owners' association, POA, renewable energy, residential solar, distributed solar, roof-mounted solar, homeowner rights, architectural control, open meetings, public notice, transparency, government efficiency

Transcript Highlights:

• This activity will ultimately lead to hundreds of millions of dollars in economic development activity
• This activity will ultimately lead to hundreds of millions of dollars in economic development activity
• They’re lobbying on behalf of their shareholders.
• Ratepayers should not be paying for those activities.
• Raid pair should not be paying for those activities.

Keywords: 995, all

Summary: The committee heard testimony on several energy-related bills, with the main focus on H. 3534/S. 2255, which would ban or sharply restrict residential third-party electric suppliers, and on related reform proposals. Supporters included the Attorney General’s office, municipal and regional planning officials, environmental justice groups, consumer advocates, and city officials from Boston and Chelsea. They argued that the residential competitive supply market has produced higher bills, deceptive sales tactics, auto-renewals into higher rates, and disproportionate harm to low-income residents, seniors, communities of color, and people with limited English. Witnesses cited AG reports estimating hundreds of millions of dollars in overcharges over time, described door-to-door and storefront marketing abuses, and said municipal aggregation programs have saved residents money while offering more stable rates. Several supporters said the Legislature should either ban residential competitive supply or adopt strong guardrails such as ending automatic renewals, banning incentive-based commissions, and capping rates relative to basic service. Opponents or industry representatives from the Retail Energy Advancement League, Vistra, and Constellation argued that the market can provide savings, longer-term price stability, and value-added products such as renewable options and time-of-use offerings. They said Massachusetts has already improved consumer protections through DPU proceedings, that complaints are relatively few compared with the size of the market, and that a ban would eliminate consumer choice. They also defended direct sales and commissions as normal features of a retail market, while saying they would support additional protections, licensing, bonding, and stronger oversight of bad actors. Committee members pressed both sides on whether the market truly saves money, whether automatic renewals should be banned, and whether the AG’s proposed reforms would be enough. The committee also heard testimony on H. 3972, a bill to extend utility shutoff protections during extreme heat, with Rep. Mindy Domb arguing that Massachusetts should treat extreme heat like extreme cold and protect customers facing financial hardship. Rep. Barrett also testified for H. 3450, a municipal broadband/right-of-way bill, arguing that communities need easier and cheaper access to utility poles and public rights of way to build municipal broadband. In addition, Senate Majority Leader Creem testified for S. 2239, which would bar utilities from recovering ratepayer funds for lobbying, promotions, trade association dues, and similar expenses. No votes were taken during the hearing.

Transcript Highlights:

• We've been active in working with them. Thank you. Any more questions?
• </c><01:19:34.320><c> in</c> viable sites who we've been active in viable sites who we've been active
• It requires shareholders to replenish the fund if they are found imprudent. So please pass HB 982.
• It requires shareholders to replenish the fund if they are found imprudent. So please pass HB 982.
• </c> endless pot of money and shareholders endless pot of money and shareholders are<01:40:02.639><c>

Keywords: 910, house, all

Summary: The committee heard testimony on House Bill 1077, a governor’s administration bill to increase transient accommodations tax revenue and split it between two new special funds: a climate mitigation and resiliency special fund and an economic development and revitalization special fund for tourism/resort areas. Supporters, including the Governor’s Office, recovery and resilience staff, climate and conservation groups, and several state agencies, said the bill would create a dedicated, more reliable funding stream for wildfire mitigation, coastal resilience, land clearing, infrastructure, and community-led projects. Some supporters also urged changes to the bill, including moving the fund to DLNR, adding DHHL and OHA representation, clarifying community grants, and ensuring the fund can support both state-led and community-led resilience work. The Attorney General’s office flagged a drafting issue, noting that the bill references fees deposited into the new fund even though the new chapter does not authorize fee collection, and recommended deleting that language or adding fee authority. The Climate Advisory Team representative also suggested adding DHHL to the decision-making body and requiring at-large members to have climate, resilience, conservation, or infrastructure expertise. The Tax Foundation of Hawaii and the Kohala Coast Resort Association opposed the measure, arguing that the special fund structure does not meet statutory criteria, that the bill functions as a tax increase, and that the transient accommodations tax is not being collected equitably across all lodging types before any increase is imposed. Other opponents, including tourism and lodging interests, warned that hotels and timeshares already bear most of the tax burden and that raising the TAT could hurt an already struggling visitor industry and drive tourists away. Supporters countered that current funding is far short of what is needed and that a dedicated revenue stream is necessary to address climate impacts now. Committee members questioned why the Legislature should cede spending decisions to a separate executive-branch process, and the administration responded that the bill is intended to create a transparent, recurring mechanism for funding priorities that can be adjusted over time. No vote or final action was taken in the portion of the hearing provided.

Transcript Highlights:

• The CCP is actively using its financial system and state-controlled companies to infiltrate American
• who understand how the CCP uses its influence to mask risk, suppress transparency, and undermine shareholder
• Ask yourself why when we're talking about buying TikTok, we're not talking about the shareholders of
• getting online and proof of authenticate their identity. confusion does tend to support criminal activity
• Why would I want to own that, a Cayman shadow shareholder? from a company with a super preference.

Keywords: Chinese Communist Party, retirement security, investment risks, SEC enforcement, Bipartisan action

Summary: The meeting primarily addressed concerns regarding the impact of the Chinese Communist Party (CCP) on American investments and the financial security of retirees. The chair discussed legislation aimed at ensuring the protection of American investors against the risks posed by Chinese companies. There was a consensus among the members regarding the necessity to enforce existing policies that require compliance from foreign companies wishing to trade on American exchanges. The discussion included testimony from various stakeholders highlighting the urgent need to limit exposure to the CCP in retirement portfolios. Additionally, there were calls for increased accountability of regulatory bodies such as the SEC to better shield American investors from potential loss.

Transcript Highlights:

• Participation in the recreation, religious, social, or educational or therapeutic activities.
• </c> therapeutic activities. A camp operator. therapeutic activities. A camp operator.
• activities provided under the<02:55:53.359><c> supervision</c><02:55:53.680><c> of</c><02:55:53.760>
• Undertakings and activities of a public entity in a tax increment district for any one or more of the
• Undertakings and activities<04:03:03.680><c> of</c><04:03:03.840><c> a</c><04:03:04.000><c> public</c

Keywords: 920, all

Summary: The meeting included a Senate recognition ceremony honoring the Winona High School boys basketball team for winning the 2026 Alabama High School Athletic Association 5A state championship. A resolution was read commending the team for its 101-40 victory over Silicag, noting the team’s record-setting performance, Brendan Davis’s MVP honor, the contributions of other players, and Coach Cedric Lane’s leadership. Senators and the lieutenant governor praised the players’ sportsmanship, the school community, and the team’s historic season, and copies of the resolution were presented to the team, coaches, and administrators. Several guests and school representatives also spoke briefly, including the coach and principal, who thanked the Senate and noted the team’s success and the principal’s retirement after 35 years. After the recognition, the Senate returned to session and adopted the Committee on Rules report setting the special order calendar. The calendar included Senate Bill 99 on the Ten Commandments, Senate Bill 298 on Class 3 municipalities, House Bill 381 on camp safety, Senate Bill 370 on tax increment districts, Senate Bill 363 on the Department of Economic and Community Affairs, House Bill 466 on firefighters, House Bill 95 on elections, House Bill 259 on stablecoin, and Senate Bill 342 on education. The chamber then took up SB 99, sponsored by Senators Kelly and Sessions. Senator Kelly described the bill as requiring local school boards to display the Ten Commandments, together with founding documents such as the Declaration of Independence, Constitution, Bill of Rights, and Alabama Constitution preamble, in certain history classrooms and common areas for grades five through 12, using donated displays and funds when available. He said the bill was intended as a historical and educational measure, not religious instruction, and emphasized the inclusion of a disclaimer stating Alabama is not establishing a religion. After extended debate and a petition to close debate from the Rules Committee, the Senate voted on the bill by long roll and passed SB 99, with the recorded vote announced as 30 yeas and 4 nays.

Transcript Highlights:

• Such activities can significantly damage national security and the economy.
• Establishing a reporting system for students, faculty, and staff to report suspicious activity related
• Well, Well, in terms of the weekly activity, the one disadvantage SpaceX has that others like NASA do
• Senate Bill 2188 relating to spaceflight activities. There is an amendment, members.
• Secretary, read the caption: Senate Bill 2188, relating to spaceflight activities.

Bills: SJR12, SCR39, SB27, SB29, SB241, SB406, SB414, SB464, SB568, SB578, SB609, SB660, SB689, SB693, SB785, SB857, SB879, SB921, SB922, SB955, SB985, SB993, SB996, SB1008, SB1035, SB1036, SB1059, SB1098, SB1120, SB1122, SB1147, SB1188, SB1197, SB1209, SB1227, SB1245, SB1267, SB1307, SB1321, SB1332, SB1386, SB1396, SB1453, SB1484, SB1494, SB1536, SB1537, SB1596, SB1610, SB1664, SB1741, SB1814, SB1822, SB1841, SB1948, SB2065, SB2155, SB2188, SB2230, SB2406, SB2407

Keywords: parental rights, education, constitutional amendment, school choice, child education, border security, southern border, federal immigration policy, illegal immigration, cartels, transnational cartels, fentanyl, drug trafficking, human trafficking, Operation Lone Star, Texas border, National Guard, state guard, border wall, border barriers

Summary: The Senate convened with a quorum present, heard an invocation, and approved the previous day’s journal. The chamber then adopted Senate Resolution 358 honoring the University of Texas Rio Grande Valley on its 10th anniversary, with senators highlighting the university’s growth, medical school, research expansion, and role in serving South Texas. The Senate also adopted Senate Resolution 368 honoring outgoing Texas A&M University System Chancellor John Sharp, with numerous senators praising his long public career, leadership in higher education, and statewide impact. Senate Resolution 361 recognizing Texas HBCU Day and Senate Resolution 362 recognizing Denton County Days at the Capitol were also adopted, along with other routine recognitions and gubernatorial appointments being read into the record. The Senate then took up several bills. Committee Substitute Senate Bill 27, relating to rights and support for public school educators, was debated and amended to shorten vacancy posting requirements, allow bilingual certification candidates to retake only failed test sections, give teachers more flexibility with paid leave, clarify classroom removal procedures, and ensure parents are informed of appeal rights. The bill passed to engrossment, the three-day rule was suspended, and it was finally passed unanimously. Senate Joint Resolution 12, proposing a constitutional amendment to establish a parent’s right to direct a child’s education, was also brought up and passed to engrossment after a contested suspension vote. The Senate next passed Committee Substitute Senate Bill 1741, which would require reporting of foreign funding at public universities, bar gifts from adversarial governments, and require training and reporting systems to prevent foreign influence and intellectual property theft in higher education. Committee Substitute Senate Bill 29, the so-called “Dexit” bill, was debated at length for its corporate governance changes, including codifying the business judgment rule and altering internal corporate litigation and records rules; it passed to engrossment, the three-day rule was suspended, and it was finally passed by a 30-1 vote. Senate Bill 857, allowing law enforcement discretion to tow vehicles driven by unlicensed or uninsured drivers, passed after discussion of towing abuses during flooding and disaster conditions. Committee Substitute Senate Bill 1536, requiring dementia and Alzheimer’s training for certain guardians, passed with broad support, and Senate Bill 922, addressing delayed electronic disclosure of sensitive medical test results so physicians can discuss them first, was taken up and passed to engrossment as the chamber continued through its calendar.

Transcript Highlights:

• , even when those proposals originate from shareholders with minimal financial stakes.
• The rule is a federal overlay on state laws governing shareholder meetings, but its thresholds for shareholder
• . the broader shareholder base.
• This ensures that any shareholder.
• If shareholders want to aggregate, how do they reach each other?

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:

• Under these conditions, banks may not pay dividends to their shareholders without prior approval from
• that the bank under supervision may not pay any type of dividend, not only cash dividends, to shareholders
• House Bill 3806 relates to prohibited activities of a state trust company under supervision.
• It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
• Ha ha. to cease debt collection activities, and it would strike subsection E to avoid lawsuits filed

Bills: HB431, HB1522, HB1922, HB2467, HB2468, HB3228, HB3229, HB3306, HB3803, HB3804, HB3805, HB3806, HB4219, HB4238, HB4344, HB4386, HB4739

Keywords: HB 431, Texas Property Code, Property Code Chapter 202, solar roof tiles, solar shingles, solar energy device, homeowners association, HOA, property owners' association, POA, renewable energy, residential solar, distributed solar, roof-mounted solar, homeowner rights, architectural control, open meetings, public notice, transparency, government efficiency

Summary: The Senate Committee on Business and Commerce met with a quorum and first took up pending business, reporting several House bills favorably to the full Senate, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061, with some also recommended for the local and uncontested or contested calendars. The committee then heard and left pending HB 3306, which would extend construction-contract indemnity exceptions to electric infrastructure work, including construction, maintenance, and vegetation management for utilities. Supporters said it would align utility infrastructure work with public works and reduce litigation and ratepayer costs, while opponents argued it would shift liability onto subcontractors and create broad-form indemnity concerns. Members also heard HB 4739, a Comptroller-requested cleanup bill repealing an outdated Finance Code provision tied to delinquency charges on retail charge accounts, and left it pending without testimony. The committee then considered several Department of Banking cleanup bills, including HB 3803, HB 3804, and HB 3806, all left pending after brief explanations and no public opposition. HB 4219, dealing with public information requests, drew support from a journalist and a policy analyst who said it would improve transparency by requiring timely responses, notice when records do not exist, and training or fee consequences for noncompliance; it was left pending. The committee also heard HB 4238, a committee substitute addressing coerced debt and identity theft, which would bar collection of certain debts from victims who obtain a qualifying court order. A law professor and a family violence advocate supported the bill as narrow, protective relief for domestic violence and elder abuse survivors, and it was left pending. Other bills heard and left pending included HB 1522 on local government budget meeting posting and taxpayer impact disclosures, HB 4344 authorizing background checks for PUC employees and contractors, HB 3805 updating money services business regulation, HB 431 extending solar-panel HOA protections to solar tiles, HB 3228 and HB 3229 on wind and solar recycling financial assurance, and HB 1922 clarifying the accrual date for construction defect claims under right-to-repair law. The committee recessed subject to the call of the chair.

Transcript Highlights:

• We are active in regional and federal regulatory advocacy, and we do thanks to the permitting bill that
• We are active in regional and federal regulatory advocacy, and we do thanks to the permitting bill that
• That's after a long period of stagnation where new economic activity using electricity was balanced out
• The PUC also actively participates in the Midcontinent Independent System Operator, or MISO, and the
• c> the</c> actively participates in the actively participates in the mid-continent<01:12:09.360><c> independent

Keywords: 1183, house

Transcript Highlights:

• Related activities and provide additional information.
• Last year, banks would have spent $160 for the same activity.
• **Witness**: Senator, we have active monitoring programs that look for suspicious activity.
• So it doesn't come down on you or your shareholders.
• Ring, what is a controversial commentary or activity?

Transcript Highlights:

• Proxy advisors are firms paid to provide research, ratings, and recommendations on how shareholders should
• </c> of shareholder votes. of shareholder votes.
• these are large investors, institutional investors that can afford to take a loss to promote their activism
• people to fly in here and land in our big cities and look out their window and see the type of activities
• and the opportunities and the activities and the opportunities and the buildings<00:43:03.119><c> that

Keywords: 958, all

Transcript Highlights:

• </c> vaccine to participate in some activity vaccine to participate in some activity um<00:26:46.360>
• um and uh so I think that's activity um and uh so I think that's let's<01:05:13.799><c> see</c><01:05
• , while the banks are looking to sell products to their customers and shareholders.
• the banks are looking to shareholders the banks are looking to sell<03:47:03.120><c> products</c><03
• so when we looked at the shareholders so when we looked at the study<03:47:08.880><c> committee</c><

Keywords: 928, house, all

Summary: The committee held a public hearing on House Bill 233, which would impose transparency and reporting requirements on the New Hampshire Vaccine Association. The prime sponsor, Representative Comto, said the bill and a proposed amendment were intended to increase public access by requiring a physical meeting location, making meetings available online, and publishing a complete list of vaccines and pharmaceutical products purchased. She argued the association should be more transparent because it is involved in vaccine purchasing and public trust is important, especially given controversy around vaccines. Committee members questioned the sponsor about the association’s legal status, who sets vaccine requirements, whether other private entities would be covered, and whether the proposal should instead apply more broadly to all meetings or include recordings. The sponsor said the association was created by the legislature, that childhood vaccine requirements come from DHHS and CDC-related processes, and that she would be open to broader recording requirements. Some members raised concerns about misinformation and whether requiring answers to public questions could be problematic in a contentious policy area. Patrick Miller, executive director of the Vaccine Association, and attorney Mark McHugh testified in opposition. They described the association as a not-for-profit voluntary corporation created by statute in 2002 to serve as a funding mechanism for the state’s universal childhood vaccine purchase program, with no policymaking role and no public funding. They said the association already posts notices, agendas, minutes, and allows public webinar access and comments, while also providing annual audits and reports and other statutory reporting. They argued HB 233 would impose unnecessary administrative costs on a private entity, interfere with its limited charitable purpose, and ultimately increase costs borne by insurers, employers, and consumers. No vote or final action was taken during the hearing.

Transcript Highlights:

• if it is not organized or operating for the principal purpose of conducting a business, has no shareholders
• if it is not organized or operating for the principal purpose of conducting a business, has no shareholders
• if it is not organized or operating for the principal purpose of conducting a business, has no shareholders
• if it is not organized or operating for the principal purpose of conducting a business, has no shareholders
• </c> programs and extracurricular activities programs and extracurricular activities these<01:03:30.079

Bills: HF72, HF66, HF69, HF73

Keywords: campaign finance, state funding, political activity, nonprofits, government transparency, HF66, Minnesota second-degree murder, unintentional murder, protective order, order for protection, harassment restraining order, domestic violence, victim protection, cross-jurisdictional orders, out-of-state restraining order, tribal court order, Canadian protective order, public safety, criminal law, homicide

Transcript Highlights:

• The new account will be capitalized with contributions from ratepayers and utility shareholders in roughly
• And with the proposal before us, we are asking the shareholders to contribute 50% of the wildfire fund
• And at least with the fire victims trust, there's a share between ratepayers and shareholders.
• , which I think is very important. ...significant contribution from the shareholders, which I think is
• And about half of it paid by the shareholders, $9 billion in shareholders.

Summary: The Assembly Committee on Utilities and Energy convened with a quorum and first heard SB 254, a major utility affordability and wildfire package authored by Senator Becker and coauthored by Assemblymember Petrie-Norris. The bill was described as combining wildfire mitigation reforms, $6 billion in securitized financing for future fire-mitigation capital spending, a public ownership/transmission financing program, tighter scrutiny of utility profits, clean energy permitting streamlining, stronger customer connection timelines, and a successor wildfire fund/continuation account to replace the current fund. Supporters, including the Governor’s office, TURN, labor, clean energy groups, utilities, and public advocates, said the measure would lower bills, stabilize utilities, protect fire victims, and reduce wildfire-related bankruptcy risk. Opponents and some local government groups raised concerns about affordability impacts, the volumetric wildfire fee, strict liability, and provisions they said could affect local control. After discussion, the committee approved SB 254 on a 16-0 vote and sent it to the floor. The committee then held an informational hearing on AB 825, which would enable California to participate in a West-wide electricity market. The authors said the proposal could save ratepayers up to $1 billion annually, improve reliability by allowing California to draw on a larger regional supply, reduce curtailment of renewable power, and lower greenhouse gas emissions. Support came from environmental organizations, labor, utilities, community choice aggregators, large energy users, and the Public Advocates Office, all emphasizing cost savings, reliability, and cleaner energy integration. TURN opposed the measure, warning that last-minute amendments removed safeguards against subsidizing out-of-state fossil generation and could expose California ratepayers to unwanted costs. Members questioned governance, exit rights, CPUC oversight, and local control, and the authors responded that the bill includes multiple safeguards, legislative reporting, the ability to exit without penalty, and continued local consultation. No vote was taken because the hearing was informational only.

Transcript Highlights:

• We are putting patients over shareholders and doing what's in the best interest of all Nevadans.
• They look at shareholders, and that's where their primary duty of care is.
• Like, they are, they look at shareholders, and that's where their primary duty of care, like, is too.
• We are going to do this, in this case, with our first duty to shareholders on how we are going to make
• I know the shareholder thing.

Bills: AB93, AB204, AB414, AB504, AB598

Keywords: public employees, police officers, benefits, appropriation, law enforcement, medical debt, collection agency, healthcare, consumer protection, financial assistance, occupational safety, air quality, greenhouse gases, employee monitoring, safety program, hemp, hemp products, cannabidiol, CBD, cannabis

Transcript Highlights:

• When they cross the line and go into criminal activity, that's when this bill comes into effect.
• Corporations with assets have something to lose, and their shareholders don't exactly want to lose it
• And so this bill is a way of getting shareholder governance to do the work of cracking down on human
• smuggling for us, ensuring that shareholders have a very important interest to protect in making sure
• governance to do the work of cracking down on human smuggling for us, ensuring that shareholders have

Summary: The committee first heard HB 2931, which continues the Arizona Civil Rights Advisory Board for eight years. The sponsor and a Civil Rights Division representative testified that the board helps examine civil rights issues and supports transparency and justice. The bill received a due pass recommendation on a 5-3 vote. The committee then considered HB 2862, a strike-everything amendment creating a sentencing enhancement for crimes committed while wearing a mask to conceal identity, narrowed by amendment to Title 13 offenses. Opponents, including CAIR Arizona and the ACLU, argued it could burden religious expression and protest activity, while supporters said it targets criminal concealment and improves accountability. The committee adopted the striker and amendment and gave the bill as amended a due pass recommendation by a 7-2 vote. HB 4042 followed, requiring a potential father in a paternity action to serve the mother to avoid waiving certain rights and allowing failure to do so to support termination of the parent-child relationship. An adoption attorney said the change would close a loophole and align termination law with adoption statutes. The bill passed unanimously with a due pass recommendation. The committee also heard HB 4136, creating unlawful entry into a residence where a vulnerable adult lives as a felony, with an amendment removing immediate-arrest language and other provisions. The sponsor described a case involving repeated harassment of a vulnerable adult, while opponents said existing trespass, burglary, and aggravating-factor laws already cover the conduct. The amended bill received a due pass recommendation on a 6-3 vote.