Video & Transcript : 'cash payment' :
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CA
California 2025-2026 Regular Session
Assembly Insurance Committee Jan 28th, 2026
Transcript Highlights:
- middle column, you’ll see 2025, a couple of bills passed: SB 525, mobile homes, and the recurring payments
- So what that means is if we don't have $1.25 billion in cash, we have to assess to even pay the deductible
- So if we do run into cash flow issues, we can access that first before we have to turn to the industry
- Right now, we're still running at a member's deficit, so we don't even have enough cash on hand to cover
- Still running at a member's deficit, so we don't even have enough cash on hand to cover our liabilities
Summary:
The Assembly Insurance Committee held an oversight hearing on the California Fair Plan, focusing on its rapid growth, financial stability, rate adequacy, and role in the homeowners insurance market. Committee members described the Fair Plan as increasingly functioning as a “safety net” rather than a true insurer of last resort, while Fair Plan representatives said the plan was created by statute, is privately funded by member insurers, and is now taking on more business because of non-renewals and limited availability in the admitted market. They emphasized that the plan offers residential and commercial coverage, but not a full HO-3 homeowners policy, and said expanding into that product would require major new staffing, vendor, and claims infrastructure.
A major topic was pricing and assessments. Fair Plan officials said their rates have historically lagged their projected costs, especially because reinsurance costs were not fully recoverable in rates until recently. They reviewed recent filings, including a 2023 filing that was reduced from an estimated 80% need to a 35.8% request after working with the Department of Insurance. They also discussed the plan’s reinsurance tower, a new catastrophe bond, and the $1 billion assessment triggered by the 2025 Los Angeles fires after losses exceeded available capital. They said AB 226 helped secure a $600 million line of credit to reduce assessment risk, and they thanked lawmakers for supporting that measure.
Members raised constituent concerns about coverage limits, underinsurance, and misinformation from agents. Fair Plan officials said they do not deny applicants because their homes exceed the plan’s $3.3 million limit; instead, policyholders can combine Fair Plan coverage with excess insurance. They said broker training and webinars are being expanded to address misunderstandings, and they noted that raising the cap would depend on achieving actuarially sound rates and sufficient financial capacity. Members also asked about smoke claims from the 2025 fires; the Fair Plan said it has paid covered smoke claims under California law, reviewed closed claims, and removed the “sight and smell” language from its policy form after litigation and CDI action.
Public commenters from the insurance industry, builders, agriculture, and nonprofit service providers largely urged faster depopulation of the Fair Plan, more adequate rates, and reforms to the clearinghouse process. Some warned that the Fair Plan is now competing with the admitted market because it can be cheaper in some areas, while others said the plan is still essential because the private market is not serving high-risk or specialized properties. The hearing ended without a vote or formal action, but committee members and Fair Plan representatives agreed to continue working on rate, transparency, and depopulation issues.
MD
Transcript Highlights:
- transactions in the amount certain cash transactions in the amount of<00:13:21.280><c> change</c><00
- It authorizes the state or a political subdivision of the state to accept specie for certain payments
- A person is not required to accept specie as payment.
- A person is not required to accept specie as payment.
- </c><00:59:02.359><c> model</c> the payment model the payment model for<00:59:03.920><c> a</c><00:59:
WA
Washington 2025-2026 Regular Session
Legislative Ethics Board Jun 8th, 2026
Transcript Highlights:
- We did not cash it. Why not? So it was—we determined there was a potential conflict of interest.
- “Please withhold payment to EEC until they respond with a comprehensive report.”
- AOC will be withholding payment for them until we see substantive work.
- Just withhold payment until we find out what's going on with the project.
- But we don't hold payment on most of our contracts, I would say.
Summary:
The hearing opened in a Washington State Office of Administrative Hearings matter involving Legislative Ethics Board complaint 2025-5 against Representative Tara Simmons. The ALJ outlined the process, the issues on appeal, and the burden of proof, which centered on whether Simmons violated the Ethics Act by using her legislative position for others’ benefit and by holding outside employment that conflicted with her duties, and what sanction would be appropriate. Several exhibits were admitted by stipulation or without objection, while Exhibit 2 was initially held for later ruling but was ultimately admitted after testimony from the witness who prepared it. The board also granted a motion to sequester witnesses and took under advisement a motion to exclude three defense witnesses until after the staff case-in-chief.
In opening statements, board staff alleged Simmons violated RCW 42.52.020 and RCW 42.52.070 by sponsoring a proviso that benefited her outside employer, Equity and Education Coalition (EEC), by using campaign surplus funds to help hire a friend, by intervening in a dispute over the proviso-funded work, and by sending text messages to influence others. Staff said it would seek penalties of up to $5,000 per violation plus costs. Defense counsel argued the allegations were technical ethics issues, denied Simmons profited personally, and contended the proviso funding her employer was permitted under prior board guidance; counsel also argued the campaign donation and later contract dispute were lawful and context-dependent.
The first witness, Kimberly Gordon of American Equity and Justice Group (AEJG), testified that AEJG received state proviso funding and donations from Simmons, including $10,000 and later $40,000, which Gordon said were intended to fund the hiring of Antoine Coleman, Simmons’s romantic partner. Gordon said AEJG returned the donations and terminated Coleman after learning of the relationship and potential conflict of interest. She also testified about a later 2024 proviso involving EEC, a subcontract between AEJG and EEC, and a dispute over EEC’s performance under that subcontract. Gordon said AEJG raised concerns with the Administrative Office of the Courts, met with contract manager Chris Stanley, and ultimately rewrote the subcontract after Stanley, allegedly after speaking with Simmons, directed them to do so. The hearing then recessed for lunch, and cross-examination of Gordon was set to continue afterward.
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Mar 2nd, 2026
Transcript Highlights:
- Again, trying to get into more of a revenue-risk type model versus just an availability payment structure
- Again, trying to get into more of a revenue-risk type model versus just an availability payment structure
- One of the things that you all talk about is financing as a means to deal with this cash-flow issue and
- for us, that means it would be helpful to have more detailed information that lets us know when more cash
- As far as the cash flow and the timing of when that's needed, we will continue to work with the OIG.
Summary:
The Assembly Transportation Committee held an oversight hearing on California High-Speed Rail, focusing on the authority’s supplemental project update report and the newly released 2026 draft business plan. Committee leaders emphasized transparency, the project’s funding challenges, and the need for clear answers on costs, schedule, and scope. The High-Speed Rail Authority said the project has made major progress in the Central Valley, including substantial construction completion, right-of-way acquisition, and railhead development, and highlighted over $14 billion in savings from a rebased project plan, plus an additional $2 billion in savings in the draft business plan. The authority also said it expects to begin laying track by the end of the year and continues to pursue private-sector partnerships and clean-energy opportunities.
The Legislative Analyst’s Office and the Inspector General both raised concerns about whether the current funding plan is sufficient and whether the authority has clearly identified the timing of future expenditures versus revenues. The LAO said the project likely still faces a funding gap for Merced-to-Bakersfield once financing costs and the loss of $4 billion in federal funds are considered, and warned that cap-and-invest revenues are volatile and may not be well suited for borrowing without additional safeguards. The Inspector General said the authority still has not provided a precise funding plan, estimated the project is about two years away from lacking funds on hand to stay on schedule, and urged lawmakers to focus on financing costs, procurement timing, schedule risks, and distinguishing true cost cuts from scope changes.
Members questioned the authority about proposed statutory changes, including CEQA and permitting streamlining, court resources, third-party process changes, sales tax exemptions on materials, and expanded land-use/value-capture tools. They also pressed the authority on the loss of federal funds, the withdrawal of litigation over those funds, and whether the project’s revised savings depend on moving station locations away from downtown Merced and Bakersfield and on other scope changes such as more single-tracking and blended operations south of Palmdale. The authority said it is still committed to Merced-to-Bakersfield, believes the business plan shows a path to completion with sufficient funding, and will work with the Legislature on any needed changes before the final plan is submitted.
CA
Transcript Highlights:
- And direct payment is a key driver of network participation.
- a plan accept that payment as payment in full, aside from any cost sharing.
- and cash equivalents.
- and cash equivalents.
- against the currently available fee-for-service payment model.
Committee:
Senate Health
ND
North Dakota 2026 1st Special Session
Agriculture and Water Management Committee Jun 17th, 2026 at 09:00 am
Agriculture and Water Management Committee
Transcript Highlights:
- Previously, water boards didn't have to count their cash on hand against their bonding authority.
- the wetlands getting bigger, you get some production out of it, ...but it's not enough to make it cash
- I mean, you still have the asset, but you're not producing any cash.
- So you can't get a payment there.
- The state, Hoven, started the deal where they'd pay, like, water storage payments or whatever for your
AZ
Transcript Highlights:
- It's a cash cow. It's about money. It's not about security or safety. It's about cash and money.
- What's more, there is a perverse incentive with the way that our per diem payments are set up, which
- of them anyway, from keeping us in session as long as possible to continue to draw down per diem payments
- of them anyway, from keeping us in session as long as possible to continue to draw down per diem payments
- of them anyway, from keeping us in session as long as possible to continue to draw down per diem payments
LA
Transcript Highlights:
- enforcement hearings and liens, inherited properties that bring on financial burdens of excess tax payments
- enforcement hearings and liens, inherited properties that bring on financial burdens of excess tax payments
- I'm also a cash buyer, and I've got to hold my license in the state of Louisiana as a realtor.
- I'm also a cash buyer, and I've got to hold my license in the state of Louisiana as a realtor.
Keywords:
engineering, land surveying, construction, state fire marshal, plan review, contracting services, unsolicited contact, homeowners, penalties, regulations, wholesaling, real estate, earnest money, cancellation rights, residential properties, Louisiana Real Estate Commission, certified public accountant, CPA, accounting board, Louisiana State Board of Certified Public Accountants
MN
Minnesota 2025-2026 Regular Session
Committee on Commerce and Consumer Protection - 01/30/25
Commerce and Consumer Protection
Transcript Highlights:
- This includes breakdowns on reinsurance payments by health plans and their products.
- This includes breakdowns on reinsurance payments by health plans and their products.
- This includes breakdowns on reinsurance payments by health plans and their products.
- This includes breakdowns on reinsurance payments by health plans and their products.
- This includes breakdowns on reinsurance payments by health plans and their products.
Committee:
Senate Commerce and Consumer Protection
AZ
Transcript Highlights:
- they have to have an A letter grade and enrollment demand, obtaining financing by guaranteeing the payment
- Finally, the department making payments to schools that did not submit expenditure reports Finally, the
- department making payments to schools that did not submit expenditure reports increases the risk that
- And if we did have extra cash lying around...
- Program management to me, and if we did have extra cash lying around, which we don't, of course, I would
Committees:
House Education , House House Education Committee of Reference
NM
New Mexico 2025 Regular Session
IC - Economic and Rural Development Jul 7th, 2025
Economic & Rural Development & Policy Committee
Transcript Highlights:
- And so when you're in a state where you have land-rich but cash-poor landowners on the whole, it means
- Well, Santa Rosa, for example, that solar array, their payback, or annual payment on that solar array
- They've also asked for smaller payments upfront and then increasing their payments.
- They just wanted to shell out less cash upfront, which is perfectly fine.
- How does the payment work? Who's regulating the electrons? And if it fails, whose fault is it?
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Sep 12th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- Money that comes in every single month, your tax revenue and other payments.
- The treasurer can choose that balance based On what they think the cash needs will be.
- fund instead of out of bonding, they upped that liquidity knowing there was going to be a lot more cash
- So they can create that balance based on what they think they need to have cash on hand to be able to
VT
Transcript Highlights:
- reducing the current excess spending threshold and provides that path towards the education opportunity payment
- He's got a mortgage and he's got car payments.
- appropriated in food-related programs including Meals on Wheels, the Vermont Food Bank, NOA's NOA's cash
- crop, cash crop plus, and the farm share programs.
- They want to be able to pay their rent or mortgage, make their car payment, have food for their family
MO
Missouri 2026 Regular Session
Special Committee on Property Tax Reform Jan 20th, 2026 at 12:00 pm
Special Committee on Property Tax Reform
Transcript Highlights:
- Just, yeah, I don't think it has any material impact, but the districts are anticipating receiving payments
- It allows, it opens up the authorization for counties to allow partial payments throughout the year for
- bite-sized chunk payments to go to all counties in Missouri, not exempting the smaller counties that
- We have what's called the personal care program, and we have the cash grant.
- We have what's called the personal care program, and we have the cash grant.
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (03/03/2025)
Municipal and County Government
Transcript Highlights:
- Leasing allows you to negotiate early payments.
- Leasing allows you to negotiate early payments.
- </c><02:12:37.719><c> from</c> um decide to make extra payments from um decide to make extra payments
- We use cash items. We have two pots of money now, as administrators.
- </c><02:28:55.080><c> flow</c> paper if I can show you the cash flow paper if I can show you the cash
Committee:
House Municipal and County Government
Summary:
The Municipal and County Government Committee held public hearings on House Bill 471 and House Bill 373. HB 471 would create a temporary commission to study growth, traffic, planning, and land use issues in a group of southern New Hampshire towns, with possible recommendations on regional planning commission boundaries or coordination. Representative Perez said the bill was requested by Londonderry residents and local officials, and Eric Power of Brookline testified in support, saying the towns share corridor and development issues that cross regional planning commission lines. Several members questioned whether existing law already allows towns to form regional planning commissions under RSA 364:6, whether the bill should be broader, and whether the town list should include additional communities. The hearing closed with testimony counts reported as two in support and three opposed on remote sign-in, plus one opposed and one in support on the blue sheet.
HB 373, sponsored by Representative Diane Powers, would revise RSA 41:11-a on town property leases. Powers said current law is too restrictive because leases over five years require repeated town votes, which she argued is impractical for long-term arrangements. She cited examples from Hampton and Brookline, including long-term road and property leases, and said she had found multiple similar cases. The bill would keep select board authority for leases under one year, allow a legislative body to authorize a specific longer lease by a three-fifths ballot vote, and preserve the existing five-year blanket leasing authority with a three-fifths vote, while keeping existing leases valid if authority is later rescinded. Eric Power testified in support, describing recurring lease renewals in Brookline and saying longer terms are needed for projects such as housing, cell towers, and solar arrays. Members asked about the change from a simple town vote to a three-fifths threshold and whether the bill duplicates existing mechanisms; Powers said the higher threshold was intended because the leases involve long-term commitments. No votes were taken during the hearing portion described.
HI
Hawaii 2026 Regular Session
CPC Public Hearing - Thu Feb 26, 2026 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- >> The money has been paid because the lender is still demanding payment.
- >> The money has been paid because the lender is still demanding payment.
- >> The money has been paid because the lender is still demanding payment.
- . payment. payment.
- </c> >> the lender is still demanding payment >> the lender is still demanding payment >
Bills:
HB1946 , HB1515 , HB1514 , HB1648 , HB1644 , HB1619 , HB1571 , HB1810 , HB2475 , HB1645 , HB2301 , HB1889 , HB1840
Committee:
House Consumer Protection & Commerce
Summary:
The committee on Consumer Protection and Commerce met on February 26, 2026, and heard several bills, mostly in the areas of workers’ compensation and consumer protection. HB 1946 HD1 on timeshare registration renewal drew support from DCCA’s timeshare program and major industry groups including Hilton Grand Vacations, the American Resort Development Association, and Marriott Vacations Worldwide, with no opposition noted. HB 1515 HD1, which would allow an attending physician to request a functional capacity examination without employer permission, was supported by DLIR and the Department of Human Resources Development and had no other in-person testimony; the bill was then moved on without questions.
The committee spent substantial time on HB 1514 HD1, which would streamline workers’ compensation vocational rehabilitation by clarifying provider selection and requiring vocational plans within 90 days. DLIR supported the intent but asked for amendments, saying the 90-day deadline was too rigid given case-by-case complexity, limited staffing, and the need for coordination among injured workers, employers, and counselors; members discussed possible extensions and whether a 120-day timeline or other flexibility would be better. Testimony on the bill included one individual in support and seven in opposition.
HB 1648 HD1, concerning workers’ compensation and physician dispensing of non-prescription drugs, drew support from DHRD and comments from DLIR and industry witnesses. DLIR said the bill should be narrowed so it does not restrict medically necessary over-the-counter medications or oral guidance from providers, while Aloha Billing Company and Solera Integrated Medical Solutions urged tighter limits on physician dispensing and raised concerns about pricing abuse through average wholesale price. Members discussed clarifying the bill’s language so it targets written prescriptions rather than oral advice. HB 1644 HD1, requiring a standardized disclosure form for residential solar contracts, received support from the Hawaii Solar Energy Association and Kauaʻi Island Utility Cooperative, while DCCA’s Office of Consumer Protection supported the consumer-protection goal but proposed stronger remedies, including a three-day cancellation right, voidability for missing disclosures, and possible lender liability; members questioned how those remedies should apply to lenders, and no vote was taken on the measures in the portion provided.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Fifty Seven - Thursday, April 23
Missouri House Floor Meeting
Transcript Highlights:
- increase in rent in that same time period, as young families and first-time homebuyers are outbid by cash
- increase in rent in that same time period, as young families and first-time homebuyers are outbid by cash
- that because of these policies, investors were targeting minority communities specifically, and their cash
- that because of these policies, investors were targeting minority communities specifically, and their cash
- their homes and communities, not corporations who have the money to buy up entire city blocks with cash
Summary:
The House convened with prayer and the Pledge of Allegiance, then approved the House Journal for the 56th day by roll call vote, 131-2. The Speaker also signed several enrolled measures, including HB 1768, HB 1866, HB 1870, HB 2180, and HJR 173 and 174, suspending business for those signings. Members then offered multiple points of personal privilege and introduced numerous student groups, family members, interns, and former Representative Richard Brown as special guests.
The main floor business focused on budget conference motions for HB 2002 through HB 2013. The budget chair moved to refuse Senate substitutes and send the bills to conference, and the House approved each motion. In discussion, members highlighted major budget differences, including child care subsidies, transportation funding, higher education funding, and the movement of about $1.76 billion in broadband-related funds into HB 2017, which was noted as affecting how the operating budget totals appear. The House also received Senate messages on several budget bills and other measures, including HB 2002-2013, HB 2637, and HB 3155.
The House then took up SB 975, an ambulance district and emergency medical services bill. A House substitute was adopted, along with Amendment 1 adding a compromise community paramedic provision and a minor first-responder mental health change. Members described the bill as helping struggling ambulance districts, improving emergency response, and allowing community paramedics to provide in-home services to reduce unnecessary ER use. The bill passed 136-7. Later, the House considered the combined property tax reform bill on SB 1066 and 1086, adopting three amendments addressing technical cleanup, uniform levy increases and timing of voter-approved tax increases, and assessor training, electronic notices, and changes to payment-under-protest procedures. Supporters said the bill improved transparency and reform; opponents warned it could reduce local control and strain funding for schools, libraries, and other local services. The bill ultimately passed 83-61. The House adjourned until 4 p.m. on Monday, April 27, 2026.
ND
North Dakota 2026 1st Special Session
Government Finance Committee Mar 19th, 2026 at 01:00 pm
Government Finance Committee
Transcript Highlights:
- In some situations, that would place people in a payment risk situation because they're not collecting
- That's an excellent question, both from us as a cash management in the collection piece and possibly
- You could potentially do your billing on the first month of the fiscal year, which would cash...
- Potentially do your billing on the first month of the fiscal year, which would cash flow us for the 12
- a way that financially we'd be fine doing that between a combination of the reserves and then the cash
Committee:
Joint Government Finance Committee
ND
North Dakota 2026 1st Special Session
Government Finance Committee Mar 19th, 2026
Government Finance Committee
Transcript Highlights:
- In some situations, that would place people in a payment risk situation because they're not collecting
- That's an excellent question, both from us as a cash management in the collection piece and possibly
- You could potentially do your billing on the first month of the fiscal year, which would cash...
- Potentially do your billing on the first month of the fiscal year, which would cash flow us for the 12
- a way that financially we'd be fine doing that between a combination of the reserves and then the cash
Committee:
Joint Government Finance Committee
Summary:
The Government Finance Committee met with new leadership and approved the December 11 minutes. The committee first received an update from the Office of Management and Budget on the state general fund and major special funds. OMB reported revenues were tracking very close to forecast, with an estimated ending general fund balance of about $397 million, higher than previously expected. Staff also reviewed balances in the budget stabilization fund, legacy fund, foundation aid stabilization fund, social services fund, and strategic investment and improvements fund, along with oil tax collections and the current revenue picture. Legislative Council staff then summarized the special session budget changes and noted the updated beginning balance increased the projected ending balance for the next biennium.
The Tax Department presented taxable sales and purchases data by county and industry, showing overall sales tax activity remained strong, with retail trade the largest sector and several counties posting notable gains. Commissioner Kraschis then reviewed federal tax changes under the One Big Beautiful Bill Act and estimated their impact on North Dakota income tax collections, explaining that the figures were compared to the 2025 baseline and would be incorporated into future forecasts. Members asked about the overtime and tip exclusions, the senior standard deduction, and the primary residence property tax credit application count, which was running ahead of last year at more than 154,000 applications.
The committee also heard from the Department of Transportation on fee schedules, with members focusing on driver’s license fees and the fact that current fees cover only about half of program costs, meaning the highway fund subsidizes the remainder. DOT also reported on specialty plate activity, including nearly 3,900 blackout plates issued, and noted increased state fleet usage. The Information Technology Department explained its internal service fund rate-setting process and discussed possible billing simplification, including annual billing and improved invoice detail. OMB also provided data on leased office space in the Bismarck-Mandan area and state workforce counts, and Legislative Council updated the committee on legislative branch space planning. Finally, subcommittee reports noted continued work on fixed-route transit funding and regional jail capacity, including Burleigh-Morton’s new DOCR housing wing and ongoing overcrowding in state correctional facilities. No formal votes beyond the minutes approval were taken, and the meeting adjourned with the next meeting set for June 25.
MN
Minnesota 2025-2026 Regular Session
Discussion of farm down payment assistance program modifications 2/23/26
Minnesota House Floor Meeting
Transcript Highlights:
- The next bill on the agenda is House File 3548, the Farm Down Payment Assistance Grants.
- Even though my farm is profitable, I don't have $20,000 lying around to put on a down payment for 10
- </c><00:20:13.919><c> assistance</c> um that the down payment assistance um that the down payment assistance
- I didn't think this program was entitled the small farmer down payment assistance program.
- </c> farmer down payment assistance program. farmer down payment assistance program.