Video & Transcript Research : 'trust protector'

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NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Aug 11th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • We've been doing it for a long time, and they trust our name.
  • So it's a little different than the Water Trust Board, where we require certain amounts of information
  • Charge those programs accordingly, so if it's a Water Trust Board, our staff is tracking their time as
  • Water Trust Board.
  • After we've paid the bills, we go out and find out which portion was related to the Water Trust Board
NH

New Hampshire 2025 Regular Session

House Finance Division I (02/21/2025)

Transcript Highlights:
  • is at unemployment trust fund is at 38.5<01:13:12.600> million<01:13:13.400> which<01:
  • thank you um does the um does the trust thank you um does the um does the trust fund<01:29:35.800
  • <01:30:35.040> fund citizens account to our trust fund citizens account to our trust fund
  • They do not touch the dollars that are in the trust fund.
  • It goes into the trust fund. Yes, okay.
Keywords: 928, house, all
Summary: The committee heard testimony from Insurance Commissioner DJ Bettencourt on the New Hampshire Insurance Department budget. He said the department is self-funded through assessments on insurers based on New Hampshire premium volume, with about $8 billion in premiums written in the state and a department budget of roughly $15.5 million. He explained that the department has 88 authorized positions, eight vacancies, and that three full-time positions were unfunded after the governor’s requested 4% reduction exercise. He also said the department is trying to balance staffing needs with not overburdening carriers during a hard insurance market. A major topic was the department’s $2.6 million rebate to industry from the prior fiscal year, which Bettencourt described as a credit against the next assessment rather than a direct cash payment. Members questioned why that credit was not reflected as a reduction in the upcoming budget, and Bettencourt and staff explained that the budget assumes full staffing and full spending, with any year-end surplus returned to insurers. The commissioner said the department had added staff in recent years for succession planning and to preserve institutional expertise, and that the rebate reflects careful budgeting rather than excess spending. Members also asked about staffing changes by division, including positions unfunded in fraud, property and casualty examinations, life and health examinations, and tax. Bettencourt said fraud investigations remain strong and that the department can use outside contractors for examinations, with those costs billed to the company being examined. He also described the department’s examination process, including periodic financial exams and targeted market conduct reviews triggered by consumer complaints or trends. Additional questions covered OIT transfers, the department’s oversight of fully insured health coverage, the insurance premium tax and fines going to the general fund, and the department’s limited role in auto repair reimbursement disputes, where he said complaints have recently declined.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Election Laws Jun 21st, 2026 at 01:00 pm

Joint Committee on Election Laws

Transcript Highlights:
  • Every dollar is traceable, every report is verified, and voters can trust that the financial information
  • This issue does not only impact our voters; it deeply affects those we trust to assist in moving our
  • Transparency strengthens trust, and trust is the foundation of a healthy democracy.
  • So I ask you to favorably report on Senate 530 to advance public trust in our democracy through transparency
  • Under this bill, a municipality could choose to establish a democracy trust fund to match small contributions
Keywords: 995, all
Summary: The House and Senate Election Laws committees held a hearing focused on campaign finance and several local election-related bills. Office of Campaign and Political Finance Director William Campbell testified in support of H. 848 and S. 515, saying the campaign finance law needs modernization and highlighting proposals for stronger Super PAC disclosure, more timely reporting, improved security for campaign participants, and other reforms. He said the bills would help update a 50-year-old system to reflect legal, economic, and cultural changes. A major portion of the hearing concerned H. 868/S. 507, which would require earlier and more frequent reporting by ballot question committees. Witnesses from Common Cause, the League of Women Voters, and others argued that ballot campaigns now involve tens of millions of dollars, much of it raised during periods with no real-time disclosure, and that moving these committees into the depository system would improve transparency without burdening grassroots signature-gathering. The committee also heard support for H. 811 and H. 812, which would allow municipalities to create citizen-funded election programs and require identifying information on political text messages, as well as S. 525/H. 875, which would bar political spending by foreign-influenced corporations. The committee also heard testimony on S. 2605, a Canton home rule petition to move town elections from April to November. Canton residents, a select board member, and a poll worker said the change would increase turnout, better align local elections with the November voting cycle, and give newly elected officials more time to prepare for town meeting. Senator Rausch also testified in support of S. 530, requiring presidential primary candidates to disclose recent tax returns. The hearing ended with no votes taken and the committee adjourning, with a note that the next hearing was tentatively scheduled for January 13.
MD

Maryland 2026 Regular Session

Senate Floor Session, 1/15/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • May they remember the trust placed in them.
  • Let their example inspire confidence and trust throughout the state.
  • Almighty God, we place our trust in your providence.
  • <00:01:14.080> placed<00:01:14.560> in May they remember the trust placed in May they
  • remember the trust placed in them. them. them. extend<00:01:16.720> peace<00:01:17.040> to
Summary: The Maryland Senate convened on January 15 with a prayer offered by Reverend Sheridan Almond of St. Paul’s United Methodist Church in Kensington, introduced as a guest of the senator from the 18th district. Her remarks were journalized without objection. The chamber also welcomed several guests, including Carter Pry, a recent Crofton High School graduate interested in cybersecurity and AI, interns Isabelle War and Daniel Mora, and the Catonsville Middle School Student Council and adviser Katie Tucci. Members also recognized the day’s pages and thanked them for their service. The only bill read at the desk was Senate Bill 232, by Senator Salling, concerning state procurement preferences for historically underutilized business zone businesses; it was referred to the appropriate standing committee. Committee announcements followed, with Finance, Education, Energy, and the Environment, Judicial Proceedings, and Ethics all scheduling organizational meetings and related briefings later that day. Additional announcements noted Baltimore City and Baltimore County delegation meetings, a Fire EMS Coalition meeting, and Cecil Day events in Annapolis. A senator from Montgomery County highlighted an art exhibit, Art in Full Spectrum, on the fourth floor of the House office building, featuring artists with disabilities from many districts and a future reception. The Senate then confirmed a quorum of 45 members and, on motion of the majority leader, adjourned pro forma until Friday, January 16 at 11:00 a.m.
TX

Texas 89th 2nd C.S.

Human Services Apr 29th, 2025

Human Services

Transcript Highlights:
  • These residents, our moms, trusted management to look out for their best interests, especially when it
  • He then exploited the trust of these residents, these trusting older people, our parents, our grandparents
  • who grew up being able to have their doors open, their windows not sealed, uh, just a generally trusting
  • I appreciate Representative Patterson's trust in carrying this bill this session, as well as Senator
  • the child welfare and juvenile justice system, enhanced accountability and oversight, strengthened trust
TX

Texas 89th Regular

Human Services Apr 29th, 2025

Human Services

Transcript Highlights:
  • Residents, our moms, trusted management to look out for their best interests, especially when it came
  • He exploited the trust of these residents—these trusting older people, parents, and our grandparents—who
  • It's a generally trusting generation.
  • I appreciate Representative Patterson's trust. Thank you.
  • child welfare and juvenile justice system, enhanced accountability and oversight, and strengthened trust
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 17th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Pre-paid funeral trust agreement wouldn't pay that. for that.
  • There are some funds that go into quota trust to be sure it's paid for.
  • The pluses of it not having to be placed in a trust would be that they can offer it at such a low price
  • make sure that it's clear that it is not part of the pre-need contract. not have to be placed in a trust
  • If it is part of the pre-need contract, it has to be trusted. It may not be offered that same way.
NH
Transcript Highlights:
  • Next up, Senate Bill 52, relative to default provisions in New Hampshire trusts. Okay.
  • But I mean you're for trust here, right? Don't you care about this bill? Yeah. Okay.
  • <00:58:19.839> here, But I mean you you're for trust here, But I mean you you're for trust
  • So, a beneficiary of what if the beneficiary of a trust is also a— right.
  • I'm with the New Hampshire Trust Council, and I work at Jordan Park in Portsmouth.
Keywords: 1189, house, all
Summary: The subcommittee took up HB 164, dealing with homeowners and certain service agreements tied to residential real estate. Much of the discussion focused on whether the bill should be framed as prohibiting “service agreements” or more specifically as banning “future right to listing” agreements, and whether the bill should mirror Maine’s newer law. Mike Padmore of AARP New Hampshire presented suggested edits, including clarifying that the agreements are unenforceable, striking a provision at Roman 6C, and adding language making clear that registry of deeds staff are not liable when they record documents they are statutorily required to file. Bob Quinn of the New Hampshire Association of Realtors said the bill and Maine’s law reach the same result, but he preferred simpler wording and argued the bill should not include a two-year time limit because legitimate listing agreements should not create liens at all. Members and witnesses debated whether the bill should simply make the practice illegal outright, whether the Consumer Protection Act is the right enforcement vehicle, and whether the lien-removal process should be modeled on the recent undischarged mortgage bill. A consumer protection official said the bureau supports the statute and explained that under RSA 358-A, consumers could seek damages and equitable relief to strike a lien, while also noting that the bureau often uses the Consumer Protection Act as an enforcement tool. The committee also discussed narrowing the bill to residential real estate, with the sponsor and witnesses saying the problem has been seen in residential transactions and that commercial property was not the focus. The testimony described the underlying problem as companies, often national rather than New Hampshire-based, using long-term or future listing agreements to impose liens or penalties on homeowners, sometimes in connection with estate transfers or home sales. Witnesses said legitimate real estate listings do not normally place liens on houses, but these arrangements can include hidden or unclear penalties, including a reported 3% charge on home value. No vote was taken in the excerpt, but the committee appeared to be working through possible amendments and whether to adopt Maine-style language or a simpler New Hampshire-specific approach.
KY
Transcript Highlights:
  • Moving on to finance on page 55 in general administration, Kentucky affordable prepaid tuition trust
  • affordable prepaid tuition trust fund. affordable prepaid tuition trust fund.
  • Battlefield Trust to carry forward.
  • Battlefield Trust to carry forward. Battlefield Trust to carry forward.
  • There were differences in what was actually appropriated to the Budget Reserve Trust Fund.
Keywords: 958, all
Summary: The Free Conference Committee on the 2026 General Assembly budget met to reconcile differences between the House and Senate versions of House Bill 500. Leaders opened by thanking the other chamber’s work, asking members to turn microphones on and off to avoid feedback, and stressing the need to clearly note decision points so both chambers record the same actions. Staff then walked through the bill page by page, explaining that the committee was comparing only House and Senate differences, not the governor’s proposed budget. The discussion covered a wide range of appropriations and language items, including next generation non-911 services, school safety reporting tools, restored funding for brain injury, epilepsy, veteran service, homeless veterans, and rocket docket programs, debt service changes, rural infrastructure, disaster aid caps, Attorney General and Medicaid fraud funding, agriculture and county fair grants, auditor and pension-related appropriations, school facilities and SEEK funding, and numerous education programs. Members also discussed charter-related funding such as Star Academy, Dolly Parton Imagination Library, school resource officers, school-based mental health providers, AP/IB exams, Governor’s Scholars and Entrepreneurs, and several pilot or initiative programs in economic development, energy, and labor. Several items were described as technical corrections or restorations of language and funding, while others reflected differences in amounts or how funds would be distributed. There were several questions and comments from members about wording such as “implement and carry out,” the absence of the governor’s budget from the comparison document, and whether SEEK funding should be tied to teacher raises. The chair and other members emphasized that the committee’s role was to reconcile the two chambers’ budgets, not to adopt the governor’s proposal. Members also raised concerns about opioid settlement funds and the Dolly Parton Imagination Library match rate, with one senator urging restoration of the House language. No final vote or formal action was taken in the portion provided; the meeting primarily consisted of explanation, questions, and discussion of proposed budget differences.
FL

Florida 2026 5th Special Session

Judiciary Jan 27th, 2026

Transcript Highlights:
  • First, we'll take up tab two members, Senate Bill 192 on patient funds held in trust by chiropractic
  • that impose a $1,500 cap on the amount of patient funds that a chiropractic physician may hold in trust
  • that impose a $1,500 cap on the amount of patient funds that a chiropractic physician may hold in trust
  • We will now go to tab 9 and take up Senate Bill 1000 on trust fund interest for purposes approved by
  • Tab 9 members, Senate Bill 1,000, trust fund interest for purposes approved by the Supreme Court, by
Summary: The Judiciary Committee met and took up a series of bills, beginning with SB 620, which would require candidates for federal, state, county, district, judicial, and school board offices to disclose any citizenship in countries other than the United States. The bill was presented as a transparency measure, with one opponent waiving time, and it was reported favorably on an 8-0 vote. The committee then heard SB 1396 on litigation financing consumer protection. Supporters from the Florida Justice Reform Institute, American Tort Reform Association, and U.S. Chamber Institute for Legal Reform argued the bill would add transparency, limit funder control, and require disclosure of foreign entities involved in litigation funding. Opponents, including the Florida Justice Association, argued the bill would create strategic advantages for defendants and could affect discovery and settlement dynamics. The bill passed 7-2. The committee also approved SB 192, removing a $1,500 cap on patient funds chiropractors may hold in trust; SB 888, limiting indemnity and insurance requirements in design-professional contracts; CS/SB 332, creating a temporary closed-meeting exemption for pre-suit Burt Harris litigation strategy discussions; SB 820, requiring quarterly reporting on problem-solving courts; SB 1500, updating uncontested probate procedures; SB 1224, making fraudulent entry into rental dwellings a third-degree felony; and SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts. Each of these bills was reported favorably, with broad support and little or no opposition. The committee also advanced CS/SB 694, which would compensate the descendants of the Groveland Four. Senator Bracey Davis described the bill as a final step in addressing the wrongful convictions, deaths, and long-term harm suffered by Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas. Family members and advocacy groups testified in support, urging the state to complete its acknowledgment of wrongdoing with monetary compensation. An amendment was adopted to divide any appropriation equally among the four families. The bill passed unanimously. Finally, SB 144 creating a public records exemption for personal information of Judicial Qualifications Commission employees and their families was approved 9-1. Several members also requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
FL

Florida 2025 Regular Session

Judiciary Mar 12th, 2025

Transcript Highlights:
  • That relates to interest rates applicable to the interest on trust account programs.
  • Each law firm has a business operating account and a trust account that is filled with client money.
  • Whether a bank participates by offering a Supreme Court approved trust account is completely voluntary
  • The Florida Attorney General and enforcing the provisions of charitable trust.
  • Representing their own interest in a charitable trust. That is the amendment.
Keywords: 999, senate, all
AZ

Arizona 2026 Regular Session

06/10/2026 - Joint Appropriations

Appropriations

Transcript Highlights:
  • Safety for operating expenses and a $3 million general fund deposit in the State Home for Veterans Trust
  • Commit ensures that the system remains worthy of that trust. Thank you. So thank you for your...
  • Specifically, the bills create the Health Insurance Trust Fund Oversight Board to approve changes to
  • First, the bills continue to spend the two-to-one match for the Arizona Financial Aid Trust Fund and
  • And the health insurance trust fund... ...is a billion-dollar insurance plan for state employees and
NH

New Hampshire 2025 Regular Session

Senate Election Law and Municipal Affairs (01/21/2025)

Election Law and Municipal Affairs

Transcript Highlights:
  • You avoid probate, you avoid the trust attorneys, etc. counties I had trouble accessing their counties
  • But there's room for improvement and room for trust and respect for the sanctity of the election system
  • But there's room for improvement and room for trust and respect for the sanctity of the election system
  • But there's room for improvement and room for trust and respect for the sanctity of the election system
  • and respect for the room for trust and respect for the sanctity<00:34:45.960> of<00:34:46.119
Keywords: 1191, senate, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, May 12, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • <00:06:07.120> and headwinds, he's gained the trust and headwinds, he's gained the trust and
  • <03:50:43.840> act At the same time, the trust act At the same time, the trust act maintains
  • upholding the position of public trust. upholding the position of public trust.
  • <04:59:18.000> but Reagan might have said, trust but Reagan might have said, trust but verify
  • , looking directly at in God we trust, looking directly at in God we trust, which<08:56:05.120>
HI

Hawaii 2025 Regular Session

PBS Public Hearing - Fri Mar 21, 2025 @ 9:00 AM HST

Public Safety

Transcript Highlights:
  • So we cannot trust the military.
  • We can't trust you anymore. Thank you so much for hearing this.
  • <01:16:48.639> the focusing on so we cannot trust the focusing on so we cannot trust the military
  • for the state or that are held in trust for the state or by<01:20:48.600> the<01:20:48.760>
  • lands um instead of the $1 um the trust lands um instead of the $1 um item<01:34:54.440> four
Keywords: 910, house, all
Summary: The Committee on Public Safety met on March 21, 2025, and heard several resolutions related to corrections, emergency preparedness, and wildfire risk. Early items included HCR 62/HR 57 on flying the National League of Families POW/MIA flag year-round at the state Capitol, for which no one testified, and HCR 154/HR 49, which would request a comprehensive forensic audit of DCR and DAGS spending tied to planning and building a new jail to replace the Ahu Community Correctional Center. The ACLU strongly supported the audit, arguing that the state has spent millions on jail planning over many years without clear accounting, that a new jail is unnecessary and fiscally irresponsible, and that public-private partnership arrangements could reduce transparency. Committee members questioned the use of the term “forensic,” the age of some cited allegations, and whether the auditor could instead conduct another type of audit; the ACLU said it was open to other audit language and offered to help compile background materials. No vote was taken in the portion provided. The committee also heard HCR 63, asking DCR to provide separate clinical counseling services for correctional staff, with one supporter, and HCR 23, which asks DCR to include circuit and district court facilities in planning the new Ahu Community Correctional Center and to establish a release procedure that avoids releasing detainees into residential communities or public spaces. DCR Director Johnson said the department supported the intent of HCR 23 and had discussed it with the Chief Justice and court administrator, adding that one multi-purpose courtroom could handle both district and circuit proceedings. The chair then moved on without further discussion. A major portion of the meeting focused on HCR 37, which asks HEMA to work with other agencies on outreach and preparedness for kūpuna. Testifiers from the Pearl City Neighborhood Board, AARP Hawaii, and the Hawaii Council of Community Associations supported the measure, citing the vulnerability of older adults and people with disabilities during disasters, lessons from the Lahaina fires, and the need for clear evacuation plans, siren reliability, and better coordination with care homes and condominium associations. Several speakers described local preparedness efforts and concerns about gaps in communication and implementation. The committee also discussed HCR 69/HR 62 on creating a vegetation management working group to reduce wildfire risk; the Division of Consumer Advocacy supported it, with testimony describing dangerous incidents involving vines and bamboo contacting electrical lines and causing sparking and a utility pole fire. The meeting ended with testimony and questions continuing on that topic, and no final committee action was shown in the excerpt.
MA

Massachusetts 2025-2026 Regular Session

Informal House Session 46 Jun 21st, 2026 at 11:00 am

Massachusetts House Floor Meeting

Transcript Highlights:
  • The House bill promoting rule of law, oversight, trust, and equal constitutional treatment, House No.
  • Third reading, third reading of the bill: An act authorizing the town of Harwich Affordable Housing Trust
  • on Bills in the Third Reading, third reading of the bill: An act relative to an affordable housing trust
  • An act relative to an affordable housing trust fund in the town of West Hesbury. House No. 4378.
Keywords: 995, all
Summary: The House first adopted several ceremonial resolutions, including recognition of the Melanoma Action Coalition, 411 directory assistance workers, the Plimpton Historical Society’s Deborah Sampson Day observance, and Frank and Alice Susky’s 80th wedding anniversary. Members also adopted an order extending the reporting deadline for the Committee on Public Safety and Homeland Security on House No. 2424 to June 12, 2026. The chamber then took up House No. 5316, a bill promoting rule of law, oversight, trust, and equal constitutional treatment. The House voted not to concur with the Senate’s amended version and instead agreed to appoint a committee of conference, naming Representatives Cahill of Lynn, Vargas of Haverhill, and Vaughan of Wrentham. The House also suspended rules to advance local bills, including a Somerset bill allowing the town to prohibit water fluoridation and a Petersham bill authorizing continued employment of two police department members, both of which were ordered to a third reading. Later, the House passed several local bills on final action, including measures for Dartmouth liquor licenses and the Westwood charter. It also engrossed bills raising the Boston Police Academy entrance age, creating an attainable housing trust in Harwich, establishing an affordable housing trust fund in West H... (West H...bury), and regulating vacancy filling on the Marlboro City Council. The House adopted an order to meet again Wednesday at 11 a.m., with a formal session and roll calls at 1 p.m., and then adjourned.
MS

Mississippi 2026 Regular Session

MS House Floor - 27 February, 2026; 9:00 AM

Mississippi House Floor Meeting

Transcript Highlights:
  • We trust in you, O Lord, as we thank you for all of our many blessings and pray that you continue to
  • We<00:02:04.440> trust<00:02:04.760> in<00:02:04.880> you,<00:02:05.080> oh
  • 05.160> Lord,<00:02:05.920> as<00:02:06.080> we<00:02:06.200> thank We trust
  • in you, oh Lord, as we thank We trust in you, oh Lord, as we thank you<00:02:06.560> for<00:02
Summary: The House convened with prayer and the Pledge of Allegiance led by Hudson Hollandsworth, a senior at Pisgah High School sponsored by Representative Shanks. After the roll call, the clerk confirmed a quorum was present, and the House dispensed with reading the journal. There were no reports from select committees, no resolutions or memorials, and no items taken up from the calendar. During introductions of guests, Representative Butler Washington introduced Dr. Fred Ken C. Jr. as the House doctor of the day. She noted that he is a Jackson native, a Provine High School graduate, an Alcorn State University graduate, a Navy veteran, an emergency medicine physician in Jackson, and a small business owner. The House welcomed him. No announcements were made by the clerk or members, and no legislation was debated or voted on beyond routine procedural motions. The House then adopted a motion to adjourn and stood adjourned until 4:00 p.m. on Monday.
ND

North Dakota 2026 1st Special Session

Budget Section Jun 24th, 2026 at 10:00 am

Budget Section

Transcript Highlights:
  • Fund, Common Schools Trust Fund, Water Development...
  • You can see the allocations between the Community Health Trust Fund, Common Schools Trust Fund, Water
  • Also, as you are well aware, homes held in trust now qualify for the program.
  • That's approximately 4,000, just shy of 4,000 homes, that we believe are held in trust.
  • analyses we have the 23-25 actuals for each of the major trust funds.
Keywords: 908, all
AZ
Transcript Highlights:
  • They are symbols of the public's trust and the government authority of this state.
  • I think ensuring proper identification and protecting trust in local law enforcement is critical.
  • Having clear identification is vital to ensuring trust with the community.
  • I know that there's also state trust fund conversations happening around our rainy day fund.
  • I know that there's also state trust fund conversations happening around our Raining Day Fund.
Keywords: 1182, all
Summary: The committee heard several public safety measures. HCR 2059, a resolution reaffirming support for county sheriffs and recognizing their constitutional authority, drew debate over language describing sheriffs’ authority as “supreme” or “supreme constitutional.” Supporters said it was a tribute to sheriffs’ work, especially in rural areas, while opponents objected to the phrasing as tied to fringe legal theories. The resolution passed with a do-pass recommendation, 8-3. HB 2811 was presented as closing a gap in Arizona law by making interference with a lawful arrest involving violence or threats of violence a felony under obstructing governmental operations. Supporters said it would clarify the law and align it more closely with federal standards; opponents argued the conduct was already covered by existing resisting-arrest and hindering statutes and that the bill was duplicative and confusing. The bill received a do-pass recommendation, 8-4. HB 4129 would create a Department of Public Safety mental health and wellness program for law enforcement officers and appropriate $15 million for confidential counseling, peer support, family counseling, telehealth, and related services, with some funding reserved for smaller agencies. The sponsor and supporters emphasized officer trauma and suicide prevention, while opponents said similar services already exist and raised cost concerns. Before a final vote, the sponsor requested the bill be held for further work, and the committee agreed. The committee also advanced HB 2270, which expands protections for county seals, logos, insignia, and related identifiers and gives sheriffs exclusive authority over naming and dissolving posses. Sheriffs and county officials said the bill was needed after disputes over posse names and branding; critics warned the language was too broad and could raise First Amendment and due process concerns. The bill passed 12-1. HB 2416, appropriating $20 million for local border support and law enforcement costs related to drug trafficking, smuggling, prosecution, detention, and equipment, also passed after testimony both for and against the funding, 7-5. HB 4018, a strike-everything amendment clarifying sheriffs’ authority over volunteer posses and reserves, passed 10-0 after testimony from sheriffs’ office staff and a member of the public who opposed expanded use of armed volunteers. HB 2253, barring retaliation against employees who testify in law-enforcement disciplinary appeal proceedings, passed unanimously after an amendment removed language voiding restrictive policies. The committee then began hearing HB 4044, which would create a Public Safety Parity Fund using investment earnings from the state rainy day fund to pay DPS and corrections salaries, with the sponsor saying he intended to remove the forfeiture component before floor consideration.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Aug 14th, 2025

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • So that's, again, how we conform, but not for estates and trusts.
  • And we're not going to focus on estates and trusts here, but just know that.
  • For estates and trusts, it's different; it's taxable income for estates and trusts.
  • I’ll give you an example of one: the Transportation Trust.
  • The Early Childhood Early Care Trust Fund has revenues feeding it.