Video & Transcript Research : 'irrevocable trust'

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MN

Minnesota 2025-2026 Regular Session

Committee on Judiciary and Public Safety - 03/05/25

Judiciary and Public Safety

Transcript Highlights:
  • partner of the state longtime trusted partner of the state with<01:33:07.239> a<01:33:07.400>
  • We've been a longtime trusted partner of the state with a long history of integrity.
  • A lot of our children need other services as well, other pro legal services like trusts in the states
  • <01:38:35.440> in other Pro legal services like trusts in other Pro legal services like trusts
  • The Minnesota Family Resiliency Partnership has been a trusted pre-employment and family stabilization
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

House Taxes Committee 2/18/25

Taxes

Transcript Highlights:
  • Of course, we're not doing generative AI because we don't trust it to give you the proper tax data, so
  • Of course, we're not doing generative AI because we don't trust it to give you the proper tax data, so
  • Representative Huot: Anyway, you're not the only one, trust me. Old habits die hard.
  • Representative Huot: Anyway, you're not the only one, trust me. Old habits die hard.
  • <01:10:17.520> Services the um why all why those Trust Services the um why all why those Trust
Keywords: 1183, house
WY

Wyoming 2026 Regular Session

House Floor Session-Day 5, February 13, 2026-PM

Wyoming House Floor Meeting

Transcript Highlights:
  • This is the savings that uh trust fund.
  • flow out of our permanent mineral trust flow out of our permanent mineral trust fund<01:27:36.880
  • middle trust fund's going to take off. middle trust fund's going to take off.
  • <01:32:45.120> It's it's the Harvard trust model. It's it's the Harvard trust model.
  • 2.4 billion into the permanent middle trust fund.
Keywords: 916, all
KY
Transcript Highlights:
  • state's funding can be filled by the state's budget<00:04:00.960> reserve<00:04:01.360> trust
  • <00:04:02.120> That's<00:04:02.440> the budget reserve trust fund.
  • That's the budget reserve trust fund.
  • budget reserve trust funds to deliver<00:48:00.440> projects<00:48:00.960> across<00:48
  • fund dollars uh provided reserve trust fund dollars uh provided for<00:49:43.400> those<00:49
Summary: The Budget Review Subcommittee on Transportation met for its first meeting and received an overview from Transportation Cabinet officials on the governor’s executive order responding to high gas prices. Deputy Secretary Mike Hancock and budget director Shawn McKiernan explained that the order declared a state of emergency, reduced the state motor fuels tax by 10 cents per gallon, froze the tax rate for FY27, and urged Congress to suspend the federal gas tax. They said the emergency regulation would remain in effect until the war in Iran ends or Kentucky gas prices fall below $3 per gallon, and that any transportation budget shortfalls could be covered by the state budget reserve trust fund if requested later by the governor. McKiernan estimated the 10-cent reduction would reduce the road fund by about $26.8 million per month, with roughly 44% flowing to county road aid, rural secondary, and municipal road aid. He said the immediate impact to counties and cities would be about $11.8 million for one month, while the cabinet would see about $15 million per month less available for its own use. He also said the freeze on the FY27 motor fuels tax rate would prevent a scheduled increase and, compared with the budget assumption, would produce about $42 million in net additional revenue, split between local governments and the cabinet. He added that if the reduction lasted through December, the major transportation programs could be down about 16.9% from budgeted levels. Members focused on the effect on local governments, the road fund, and the cabinet’s cash management process. Several senators and representatives criticized the executive order as short-sighted or political, while others emphasized the need for a long-term solution to transportation funding. Questions were raised about how make-whole payments to counties and cities would be handled, how the cabinet manages cash flow, and whether the state should continue relying on general fund transfers to support the road plan. Cabinet officials said they would work with lawmakers, explained that project authorizations are managed based on cash flow and seasonal spending patterns, and noted that construction and maintenance costs have risen sharply, making revenue adequacy a continuing concern.
KY
Transcript Highlights:
  • Now, avatars are AI intelligence, but the providers are real trusted. They are doctors.
  • Now, avatars are AI intelligence, but the providers are real trusted.
  • We already work with Kentucky hospitals that trust us already.
  • They develop trust because they're good and they're qualified.
  • So creating that trust for rural hospitals to be involved in the state system.
Keywords: 958, all
Summary: A presenter from Fast Health Corporation described a proposed Kentucky Health Command System tied to Senate Bill 175, which would create a state-sanctioned AI platform for rural hospitals and telehealth. The company said the system would help rural residents get health information remotely, triage minor issues, and escalate more serious cases to Kentucky providers, with use cases including blood pressure, diabetes, maternity care, smoking cessation, and other preventive-care topics. The presenter argued the system would help rural hospitals compete with out-of-state telehealth companies and keep patients connected to local care. The presentation also emphasized a commercial model the sponsor said would generate new revenue through ads and branded interactions, with the bill reportedly directing 80% of that revenue to rural hospitals and 20% to the state to maintain the system. The presenter said the technology would augment, not replace, doctors and nurses, and claimed it could improve access and convenience in underserved areas. Committee members raised concerns about liability, whether the AI could provide medical advice, and whether there was evidence it had reduced emergency room visits; the presenter said the system could not give medical advice and acknowledged the technology is still very new. The sponsor of the bill said the goal was to help transform rural health care, reduce unnecessary ER use, and capture revenue that would otherwise go to commercial search engines and out-of-state companies. No vote or final action was taken during the portion of the meeting provided, and the discussion ended with questions about branding, loyalty, and the legal limits of the AI system.
CA

California 2025-2026 Regular Session

Assembly Education Committee Sep 12th, 2025

Transcript Highlights:
  • I was 12 years old when I lost all trust in peers, friendships, adults, and good intentions.
  • And I think we've shown that we can be trusted.
  • And we have been robbed of that opportunity to demonstrate the ability for people to trust us in our
  • And I do want to also say that I feel that a lot of it is based on trust.
  • you, and I trust that you will get it right.
Summary: The Assembly Education Committee held an informational hearing on AB 715, followed by discussion of SB 48. AB 715 was presented by Assembly Members Zbur and Addis as a response to rising anti-Semitism in California schools. They described incidents involving harassment, swastikas, biased classroom materials, and students feeling unsafe, and said the bill would create an Office of Civil Rights with coordinators to address anti-Semitism and other forms of discrimination, provide prevention resources, and support school districts. Witnesses in support, including a rabbi and a student who described personal experiences with anti-Semitic harassment, urged immediate action to protect Jewish students. Opposition testimony came from the California Teachers Association, county superintendents, school board groups, labor organizations, civil liberties advocates, ethnic studies educators, and many community members. Their main concerns were that the bill was rushed, had not been fully vetted in the Assembly Education Committee, and could chill classroom speech or create constitutional problems, especially around language requiring instruction and materials to be “factually accurate” and not based on advocacy, bias, or partisanship. Several opponents argued that anti-Semitism should be addressed through education, training, and restorative practices rather than new statutory restrictions. Some witnesses also raised concerns about the bill’s impact on ethnic studies and free speech. Committee members then debated the bill’s process and substance at length. The authors said the bill had been narrowed through negotiations with education stakeholders and the Senate, that some disputed provisions would be revisited in cleanup language, and that the urgency of anti-Semitic incidents required action now. Several members expressed support for the bill’s goal but criticized the late release of the final language and the lack of consultation with the Assembly committee. Others emphasized the need to protect Jewish students immediately and argued the bill was a necessary response to a real crisis. The transcript does not show a final vote on AB 715 in the portion provided.
MN

Minnesota 2025-2026 Regular Session

Agriculture, Veterans, Broadband and Rural Development - Subcommittee on Veterans - 04/02/25

Agriculture, Veterans, Broadband, and Rural Development - Subcommittee on Veterans

Transcript Highlights:
  • And so we abusing the trust of veterans.
  • It is an absolute honor to have the trust of my fellow brothers and sisters.
  • That trust does not have a price tag, and nobody should ever have to pay for their earned benefits.
  • It is an absolute honor to have the trust of my fellow brothers and sisters.
  • That trust does not have a sisters.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 03/21/25

State and Local Government

Transcript Highlights:
  • spent locally, we can also provide a needed boost to the local news organizations our constituents trust
  • spent locally, we can also provide a needed boost to the local news organizations our constituents trust
  • <00:16:43.640> and organizations our constituents trust and organizations our constituents
  • trust and look<00:16:43.960> to<00:16:44.120> for<00:16:44.240> information.
  • only makes sense for government agencies looking to communicate with residents via a relied-upon, trusted
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Judiciary and Public Safety - Part 1 - 03/27/26

Judiciary and Public Safety

Transcript Highlights:
  • At its core, this is about maintaining public trust.
  • Independent investigations public trust.
  • It does not include real estate investment trusts.
  • It does not include real estate investment trusts.
  • A real estate investment trust means a corporation, trust, or association which is managed by one or
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

ACT 310, SLH 2025 Nonprofit Grants Program Informational Briefing 10-30-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • We have 25 years of proven results and trusted, successful partnerships.
  • We have the experience, capacity, and community trust to meet this urgent need.
  • We have the experience, capacity, and community trust to meet this urgent need.
  • <01:33:26.960> Mahalo trust to meet this urgent need.
  • Mahalo trust to meet this urgent need.
Keywords: 912, senate, all
Summary: This joint informational briefing focused on Act 310 grants and aid, with committee members hearing one-minute testimony from organizations first in person and then by Zoom. At the outset, the chairs explained there would be no Q&A during the briefing and asked testifiers to focus on how federal cuts were affecting their work. The meeting was organized by registration number and included both neighbor island and Oʻahu applicants. Testimony centered on organizations seeking state support to offset federal funding losses or anticipated reductions. Health and social service providers described impacts from Medicaid, SNAP, ACA subsidy, Title X, and other federal changes, including Aloha Care, Community Clinic of Maui, Healthy Mothers Healthy Babies, West Hawaiʻi Community Health Center, Hawaiʻi Disability Rights Center, Hawaiʻi Youth Services Network, Alcoholic Rehabilitation Services of Hawaiʻi, and Kokua Kalihi Valley. Other groups highlighted losses affecting food security, housing, disaster preparedness, and climate resilience, including the Kohala Center, Feeding Hawaiʻi Together, Hawaiian Lending and Investments, Dynamic Community Solutions, and the Pacific Tsunami Museum. Several arts, youth, and education organizations also testified, including Hawaiʻi Literacy, Hawaiʻi Youth Symphony, Honolulu Theatre for the Youth, Sounding Joy Music Therapy, Big Brothers Big Sisters Hawaiʻi, Girl Scouts of Hawaiʻi, Kids Hurt Too Hawaiʻi, and US Vets, each requesting funding to preserve programs and staffing. No votes or formal committee actions were taken during the briefing. The only action was procedural: the chairs moved through the applicant list, limited testimony time, and then transitioned from neighbor island in-person testimony to Oʻahu and later Zoom participants.
NM

New Mexico 2026 Regular Session

Senate - Rules Jan 28th, 2026 at 09:16 am

Senate Rules

Transcript Highlights:
  • It's about equal representation and public trust.
  • And clear standards strengthen trust in Congress as an institution.
  • Uniform neutral standards... ...trust in Congress as an institution.
  • I have lost all faith and trust in this process. It’s like Senator Townsend said.
  • I’ll support this because I actually trust you. But I have no faith anything’s going to get done.
Bills: SR1, SM1, SM6
WA
Transcript Highlights:
  • old—we were still Indians back then, so the federal Indian laws—and they're about sovereignty and the trust
  • The federal trust treaty responsibility comes again from those treaties.
  • And then through the federal trust responsibility, tribes have inherent—there's that word again—public
  • And then through the federal trust responsibility, tribes have inherent, there's that word again, public
  • And so I think it's just building that rapport and that trust with tribes, too, is also imperative.
Summary: The House State Government and Tribal Relations Committee held a field hearing on the Puyallup Reservation, where members first received an overview of sports betting in Washington. Tribal casino representatives and the Washington State Gambling Commission explained that sports betting became legal in 2020 under HB 2638 and is currently limited to tribal casinos through sportsbook, kiosk, and on-premise mobile wagering. Testimony covered how odds are set, compliance with federal anti-money-laundering rules, and the role of third-party vendors. Tribal representatives said sports betting supports tribal economic development and asked to expand betting to include Washington college teams, while warning that prediction markets and other unregulated products pose a threat. Committee members asked about geo-fencing, betting limits, in-state college betting restrictions, and regulatory oversight. No votes were taken. The committee then heard from Vicki Lowe of the American Indian Health Commission on tribal data sovereignty and health data. She described tribal sovereignty and the federal trust responsibility, and said tribes should have equitable access to their own health data and control over how it is used. She explained that during COVID, tribes often lacked direct access to state health data, which complicated case tracing and other public health work. Lowe said the Department of Health stopped collecting tribal affiliation in some contexts because of Public Records Act concerns, and she argued that this is inconsistent with tribal data-sharing principles adopted through the Governor’s Indian Health Advisory Council. Members asked for clarification about what counts as tribal data and how public records concerns affected data collection. No formal action was taken. Finally, Lucy Smartlut gave an update on the Washington State Missing and Murdered Indigenous Women and People Task Force. She reported on the task force’s structure, its extension through 2027, and progress on recommendations including a fully funded cold case investigation unit in the Attorney General’s office, an updated missing persons resource, and forensic genetic genealogy work on unidentified remains. She said the cold case unit has active investigations, has helped locate missing Indigenous people, and made its first homicide arrest. She also presented data showing Native people are disproportionately represented among homicide and missing persons cases, and noted survey findings that many law enforcement agencies rely on officer observation for race data and have limited consultation with tribes. Committee members asked about funding, interagency coordination, and whether the task force is shifting toward prevention. The presenter said sustainability, continued awareness, and stronger collaboration remain priorities, and no vote was taken.
FL

Florida 2026 5th Special Session

Appropriations Oct 8th, 2025

Transcript Highlights:
  • but funds that we realign. new funds coming from growth, but funds that we realign across different trust
  • The other one is trust fund transfers and redirects.
  • So we've always shown, or in recent years... ...we've always shown the trust fund transfers.
  • That's transfers coming out of trust funds into general revenue, netted by anything that went the other
  • That nets out, so to the extent that you take money from general revenue and send it to another trust
Summary: The committee met to hear Amy Baker’s presentation on Florida’s constitutionally required long-range financial outlook for fiscal years 2026-27 through 2028-29. Baker said the forecast reflects slower but still positive economic growth, continued above-average personal income growth, rising wages, and population growth that is increasingly driven by in-migration as Florida’s senior population expands. She highlighted weakening housing-related revenue, especially documentary stamp taxes, softer consumer sentiment, and the expectation that Florida will pass 25 million residents by 2030, with nearly a quarter of the population age 65 or older. Baker said the outlook largely retained the March 2025 general revenue forecast, but the Legislature’s 2025 session actions significantly improved near-term funds available by redirecting or freeing up money, including contingency appropriations and reversions. She noted total state reserves are just under $15 billion, or about 30% of general revenue, and that the budget stabilization fund is at its constitutional maximum. The main spending pressures in the outlook were critical needs, led by a new emergency preparedness and response fund transfer and Medicaid growth driven mainly by medical inflation and behavioral analysis costs in managed care, not by caseload growth. Other high-priority needs were also identified, and Baker said the first year shows a projected surplus, but years two and three show shortfalls, meaning fiscal strategies will still be needed. Members questioned Baker about the accuracy of the forecast, Medicaid managed care costs, the emergency preparedness fund, federal funding assumptions, and whether recent federal legislation was reflected in the numbers. Baker said the outlook is a good representation of the total picture, though the Legislature will likely adjust it as conditions change, and that more information on federal changes would come in later estimating conferences. Senator Trumbull asked about the governor’s veto of $750 million, and Baker said it simply returned to unallocated general revenue rather than being spent or added to the budget stabilization fund. The chair closed by warning members to expect a difficult budgeting process and noting that the committee would adjourn without further action.
FL

Florida 2026 Regular Session

Appropriations Oct 8th, 2025

Appropriations

Transcript Highlights:
  • but funds that we realign. new funds coming from growth, but funds that we realign across different trust
  • The other one is trust fund transfers and redirects.
  • So we've always shown, or in recent years, we've always shown the trust fund transfers.
  • That's transfers coming out of trust funds into general revenue, netted by anything that went the other
  • That nets out, so to the extent that you take money from general revenue and send it to another trust
Summary: The committee met to receive Amy Baker’s presentation on Florida’s long-range financial outlook for fiscal years 2026-27 through 2028-29. Baker said the forecast assumes continued but moderating economic growth, with Florida GDP slowing from recent highs, personal income remaining above average, wages continuing to rise faster than job growth, and population growth eventually slowing as the state approaches 2030 and the baby-boomer cohort fully ages into retirement. She also highlighted weakening housing and real-estate-related revenue, especially documentary stamp collections, along with low consumer sentiment as signs of caution in the outlook. Baker explained that the state’s near-term general revenue picture improved largely because of legislative actions taken in the prior session, including contingency releases, reversions, and other budget adjustments, rather than from major new revenue growth. She said reserves remain strong at nearly $15 billion, or just under 30% of general revenue, with the budget stabilization fund at its constitutional maximum. The main spending pressures identified were critical needs and other high-priority needs, led by a new recurring transfer to the emergency preparedness and response fund and by Medicaid, where rising service costs and medical inflation—especially behavioral analysis costs in managed care—are driving higher expenditures despite lower caseloads and a slightly better federal match. Members questioned the accuracy of the forecast, the Medicaid cost drivers, the treatment of the governor’s emergency fund, federal funding assumptions, and whether recent federal legislation was reflected in the numbers. Baker said the outlook assumes current federal funding paths continue, that the new federal tax/revenue law had not yet been fully incorporated because agencies were still reviewing it, and that the emergency fund line was calculated from recent appropriations without distinguishing specific uses. She also said the vetoed $750 million did not affect the budget stabilization fund because it reverted to unallocated general revenue. No bills were heard, no votes were taken, and the committee adjourned after the presentation and discussion.
TX
Transcript Highlights:
  • This contributes to delays and unresolved cases, eroding public trust and potentially allowing perpetrators
  • Higher clearance rates are crucial for maintaining public trust and confidence in the criminal justice
  • Higher clearance rates enhance both public safety and community trust in law enforcement for victims
  • .and up-to-date data will allow policymakers to make future decisions and promote transparency and trust
  • SB2177, you can enhance the ability of law enforcement to solve violent crimes, improve community trust
FL
Transcript Highlights:
  • AUTHORIZING TO INVEST AND REINVEST THE ADMINISTRATIVE TRUST FUND AND HOLD OVER THE BALANCE FOR THE FOLLOWING
  • AUTHORIZING THE RESEARCH AND MANAGEMENT TRUST FUND FOR RESEARCH MONITORING OF FELINE DISEASES AS WELL
  • AS ACQUISITION OF HABITAT AND LASTLY, AUTHORIZING FWC TO USE THE NONGAME WILDLIFE TRUST FUND FOR THE
  • THE NONGAME WILDLIFE TRUST FUND USED TO SUPPORT ANY TYPE OF IMMIGRATION OR ACTIVITIES? >> Sen.
  • CHAIRMAN THIS DELETES EVERYTHING AFTER THE ENACTING CLAUSE AND INSERT THE RESILIENT FLORIDA TRUST FUND
Keywords: 999, senate, all
FL
Transcript Highlights:
  • RECOGNIZED EXPLAIN TAB ONE STB 70 14 BY APPROPRIATIONS COMMITTEE ON CRIMINAL AND JUSTICE RELATED TO TRUST
  • OF THE STATE COURT SYSTEM. >> Chair Garcia: MEMBERS, STB 7014 TERMINATE THE MEDIATION ARBITRATION TRUST
  • HB MAY 04, 2005 WHICH REDIRECTED FILING FEES FOR THE MEDIATION AND ARBITRATION TO THE STATE REVENUE TRUST
  • FUND AND THE LIMITED STATUTORY REFERENCES THE MEDIATION AND ARBITRATION TRUST FUND.
  • TESTAMENT AND THEY SAID HOA'S HAVE NO OBLIGATION TO SEE IF THE APARTMENT WAS IN A TESTAMENT, IN A TRUST
Keywords: 999, senate, all
CA

California 2025-2026 Regular Session

Assembly Health Committee Jun 30th, 2026

Health

Transcript Highlights:
  • But I also trust your leadership on this issue, Dr. Weber Pearson.
  • This bill will help close an important gap within collaboration and trust building as well.
  • It’s late in the hour, so I will be brief, speaking on behalf of the issue of trust.
  • Trust is critical in that construct because they trust our superintendent-principals, and trust the brokers
  • Trust is critical in that construct because they trust our superintendent principals, trust the brokers
Keywords: 988, house, all
KY
Transcript Highlights:
  • Uh what we will not be and trust funds.
  • Thank you. >> Moving on to the trust fund request.
  • Moving on to the the trust fund >> Okay.
  • Uh, are there any questions regarding the trust funds request?
  • Uh, are there any questions regarding the trust funds request? FAFSA.
Keywords: 958, all
Summary: The committee met for its fifth and final Interim Joint Budget Review Subcommittee on Education meeting, but did not initially have a quorum and approved the minutes later when enough members were present. The Council on Postsecondary Education, represented by President Aaron Thompson and Vice President Bill Payne, opened with condolences for the UPS crash victims and then presented higher education budget recommendations for the 2026-2028 biennium. Thompson emphasized the return on investment from state support for higher education, citing gains in retention, enrollment, persistence, graduation, reduced time to degree, lower student debt, and expanded dual credit participation, while noting that affordability and access remain priorities. Payne outlined CPE’s operating funds request, including $43.3 million in the first year and $86.6 million in the second year for inflation adjustments, plus $30 million and $45 million for performance funding. He said the inflation request would apply across the board to institutions to offset rising costs, and that the KSU land grant match would not need additional funding because the state has already met the matching requirement. He also explained that state support for educating students has not kept pace with inflation over time, creating pressure on institutional budgets and tuition, though tuition increases have been held to historic lows in recent years. A major portion of the discussion focused on the performance funding model and how it affects smaller institutions. CPE proposed two approaches to address institutions that have received little or no performance funding, especially Kentucky State University and Morehead State University. The first approach would create a $20 million minimum distribution pool, providing $1.95 million to each university and $4.4 million to KCTCS, with the goal of giving smaller and rural institutions a base level of support. The second approach would provide direct appropriations totaling a little over $5.6 million to Kentucky State, Morehead State, and five community colleges that have not been receiving performance funding. Members, especially Representative Tipton and Senator West, questioned how the model had treated small schools over time, and CPE officials explained that the original small school adjustment was not large enough to prevent KSU and Morehead from effectively being left out of the distribution. No votes were taken.
KY
Transcript Highlights:
  • Some have a trust that they've instituted probably some time ago; others, gosh, we've looked into it,
  • some have a trust that they've some have a trust that they've instituted instituted instituted probably
  • That's the amount that's put in the trust, then that's re-evaluated every few years to see if that's
  • that's set up that they use uh a trust that's set up uh<01:04:24.640> where<01:04:24.799>
  • then that's re-evaluated every few trust then that's re-evaluated every few years<01:04:46.000> to
Keywords: 958, all
Summary: The committee met with a quorum, approved the minutes, and then reviewed a long agenda of administrative regulations, most of which were advanced with staff-suggested amendments and no objection. Early items included the Kentucky Public Pension Authority’s 105 KAR 1:451, which updates reporting language and adds the contractor wizard for certain employers, and a large package of Board of Veterinary Examiners regulations that revise fees, facility and AHP registration requirements, continuing education, liability, and practice rules. The Board of Speech-Language Pathology and Audiology’s compact-related regulation and the Board of Licensed Professional Counselors’ complaint and compact rules were also reviewed and approved with amendments, along with fish and wildlife rules affecting elk hunting, youth deer season length, bear-dog approvals, and foxhound enclosure permits. The committee also approved transportation, education, workplace standards, horse racing, and several health and human services regulations, including Medicaid waiver reimbursement updates and a child care regulation that sends certain large claims to the Office of Inspector General for review. Several agencies briefly explained their regulations when members asked questions. Fish and Wildlife said the elk population is strong and the baiting change is intended to support harvest monitoring and fair chase, while the longer youth deer season was meant to give young hunters more opportunity. The Department of Community-Based Services said the $10,000 and $5,000 claim thresholds were meant to clarify rare cases involving possible fraud or unresolved recoupment issues. The Department of Financial Institutions’ 808 KAR 5:305 drew the most discussion: it would allow certain state-chartered credit unions with a low-income designation to participate in federal programs, including limited non-member deposits and supplemental capital, but the regulation was deferred again amid continued discussions. The Kentucky Bankers Association testified against the credit union regulation, arguing that allowing non-member deposits conflicts with existing statute limiting credit union deposits to members and other credit unions, and that an administrative regulation cannot override that statutory restriction. Committee members heard the agency’s explanation that the proposal is intended to help underserved communities and that the non-member deposit authority would be limited, but no final action was taken because the item was deferred. The meeting otherwise concluded with the remaining regulations being called, discussed briefly, and approved or advanced without objection.