Video & Transcript : 'homeowner financing' :
Page 88 of 500
CA
California 2025-2026 Regular Session
Senate Revenue and Taxation Committee Jan 14th, 2026
Revenue and Taxation
Transcript Highlights:
- recipient must move into the home, claim it as their principal residence, and file for their basic homeowner
- As their principal residence and file for their basic homeowner exemption within one year of receiving
- exemption or the disabled veterans' exemption to also receive the homeowners exemption.
- exemption or the disabled veterans' exemption to also receive the homeowners exemption.
- Right now, veterans are forced to choose the homeowners exemption to get a higher benefit.
Committee:
Senate Revenue and Taxation
AZ
Transcript Highlights:
- Appointments by the President, I'm appointing Senator Kuby to the Committee on Finance to temporarily
- I am also appointing Senator Alston to the Committee on Finance to temporarily replace Senator Bravo
- HB 2128, Homeowners Association Condominiums Action Meetings.
- Finance. HB 2781, decommissioning solar energy standards fund. InRue.
ID
Transcript Highlights:
- And then the other thing it does for homeowners associations is it requires that there's architectural
- This bill doesn't force a single homeowner to build anything they do not want to.
- In practical terms, this bill creates more flexibility for Idaho homeowners.
- It allows property owners to use an ADU to house relatives, Flexibility for Idaho homeowners.
- I'm trying to figure out how this homeowners association is going to work.
Committee:
House Business
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 4 on State Administration and General Government Mar 19th, 2026
Transcript Highlights:
- Hi, Henry Ng, Department of Finance.
- Do we have comments from the Department of Finance? Chris Hill, Finance: Again, no comments. LAO?
- Chris Hill, Finance.
- Do we have any comments from the Department of Finance? And JT Creeden, Department of Finance?
- Creeden, Department of Finance?
MN
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/2/25
Commerce Finance and Policy
Transcript Highlights:
- Good morning and welcome to the April 2nd, 2025 meeting of the House Commerce Finance and Policy Committee
- House File 1545, as amended, be re-referred to the committee on labor and economic development finance
- We will be coming up with a finance bill next week, where you're separating policy from finance when
- </c><00:07:52.800><c> and</c> and economic development finance and and economic development finance and
- bill next week coming up with a finance bill next week um<00:08:41.839><c> where</c><00:08:42.000><c
Committee:
House Commerce Finance and Policy
Keywords:
medical cannabis, cultivation, cannabinoid products, plant canopy, Minnesota statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 2nd, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- This is about increasing transparency for homeowners and protecting private property rights.
- For many residents of homeowners associations, unfortunately, they're not allowed to use their homeowner
- Unfortunately, they're not allowed to use their homeowner association facilities for this purpose.
- For many residents of homeowners associations, unfortunately, they're not allowed to use their homeowner
- Unfortunately, they're not allowed to use their homeowner association facilities for this purpose.
Bills:
HB 112 , HB199 , HB621 , HB1349 , HB2214 , HB3466 , HB3698 , HB3699 , HCR9 , HB112 , HB199 , HCR9
Keywords:
science park district, economic development, technology innovation, higher education collaboration, infrastructure development, Texas Economic Development Office, workforce development, unemployment benefits, state average unemployment rate, benefit year, economic support, Texas Workforce Commission, property owners' association, free speech, assembly rights, government officials, political candidates, floodplain, landlord, tenant
Summary:
The Committee on Trade, Workforce and Economic Development met with a quorum and moved quickly through a long agenda, hearing testimony and taking recorded votes on several bills. Early in the meeting, HB 2214 was laid out to exempt certain short-term residential leases and leaseback arrangements from flood-disclosure requirements; Texas Realtors supported the change, and the bill was left pending. The committee then voted out a series of pending measures, including HB 46, HB 186 (with a committee substitute), HB 431, HB 1147, HB 1154, HB 2468, HB 2488, HB 2788 (with a substitute), HB 2791 (with a substitute), HB 3260, and HCR 90, all reported favorably to the full House, with HB 1147 receiving two nays and the others passing unanimously or nearly so.
A major portion of the hearing focused on HB 112, which would create a Texas Science Park district and commission to support advanced manufacturing and innovation sites. The bill’s author and supporters, including Samsung Austin Semiconductor, the Texas Association of Business, and the Governor’s economic development office, argued it would strengthen supply chains, attract investment, and support national security and workforce development. Testimony described interest from semiconductor and advanced manufacturing companies and referenced the model of foreign science parks such as Sinshu in Taiwan. HB 112 was left pending after testimony.
The committee also heard HB 3698 and HB 3699, both related to unemployment insurance administration. HB 3698 would expand eligibility for the Reemployment Services and Eligibility Assessment program using federal funds, while HB 3699 would tighten the definition of “last work” to help the Texas Workforce Commission investigate UI fraud. Both bills were discussed with TWC resource witnesses and left pending after the committee withdrew the substitutes. HB 1349, which would extend HOA transparency and property-rights provisions to condominiums and refine HOA rules, and HB 621, which would require HOA meeting spaces to be available for residents to reserve for qualified political candidates or elected officials, were also heard and left pending. Finally, the committee heard HCR 9 to designate the first Saturday of each month as Small Business Saturday, HB 199 to index unemployment benefit duration to the state unemployment rate, and HB 3466 to exempt certain cancelable service contracts from Texas’s in-home sales cooling-off law; each drew supportive and opposing testimony and was left pending before adjournment.
MO
Transcript Highlights:
- Importantly, this bill applies to private construction work in Missouri and does not burden the typical homeowner
- Well, typically on bank-financed builds, there's a 30-day draw period.
- time to fight lawsuits, either by the trial attorneys or by the GCs that don't pay us or by the homeowners
Committee:
House Economic Development
CA
California 2025-2026 Regular Session
Assembly Floor Session Jun 13th, 2025
California House Floor Meeting
Transcript Highlights:
- lifetimes ago, when the Governor unveiled his initial budget proposal in early January, the Department of Finance
- that position again after I worked hard to pull them out of that so that way they could become homeowners
- Again, after I worked hard to pull them out of that so that way they could become homeowners, because
Summary:
The Assembly convened after a quorum call and proceeded to floor business, with the main item being SB 101, the state budget bill. Before debate on the bill, Assembly Member Sanchez offered amendments to redirect funding toward Proposition 36 implementation, wildfire prevention, Medi-Cal provider reimbursement, developmental services, and other priorities; the majority moved to lay those amendments on the table, and the motion passed 43-18. The chamber then took up SB 101 as the budget bill for immediate effect.
Debate on the budget was extensive and sharply divided. Supporters, including Assembly Member Gabriel and several committee chairs, described the budget as a difficult but responsible compromise that protects Medi-Cal, IHSS, child care, housing, wildfire prevention, and other safety-net programs while responding to a projected deficit and federal uncertainty. Opponents criticized the budget as fiscally unsound and argued it relied on accounting gimmicks, did not adequately fund Proposition 36 or wildfire prevention, and continued spending on high-speed rail and Medi-Cal coverage for undocumented immigrants. Several members also raised concerns about gas taxes, provider reimbursement, probation funding, and the impact on vulnerable Californians.
After debate, the Assembly voted on SB 101 and passed it 57-19. The measure was sent immediately to the Senate. The body then announced upcoming session schedules, with no floor or check-in sessions on June 14 and 15, and a floor session set for June 16 at 1 p.m., before adjourning.
NM
Transcript Highlights:
- Madam Chair, where this will help is in the taxes you end up having to... ...finance taxes when you buy
- we will cause prices to become more affordable, allowing people who are renters to then become homeowners
- Any homeowners, can anybody help me with that?
Committee:
House House Taxation & Revenue
CA
California 2025-2026 Regular Session
Assembly Housing and Community Development Committee Jan 14th, 2026
Transcript Highlights:
- This is AB 739 that aims to provide transparency to homeowners on fees charged by managing agents and
- to homeowners by the managing agents.
- Some flow directly from homeowners to the service provider.
- I've been approached by a homeowner in my district who has an R3 property.
- You know, as many of you know, I've had a lot of interest in homeowners associations.
Summary:
The Assembly Committee on Housing and Community Development met first as a subcommittee because quorum was initially lacking, then later established quorum and heard five housing-related bills. AB 748 would require local governments to create preapproved housing plan programs for single-family and small multifamily projects under 10 units, expanding a model already used for ADUs; the author and Habitat for Humanity argued it would save time and money, and there was no opposition. The committee later passed AB 748 unanimously to the Assembly Committee on Local Government.
AB 739 would require managing agents for common interest developments to provide HOAs a summary of fees charged and paid to management companies. Realtors and community managers supported the bill as a transparency measure, while the California Association of Community Managers initially opposed it but said it would remove opposition if committee amendments were adopted to avoid blanket mailings and cost increases. The committee adopted the amendments and passed AB 739 7-0 to Appropriations.
AB 939 would remove the 180-day resale restriction for certain income-restricted for-sale units when a developer is under contract with a qualified nonprofit affordable housing organization, allowing units to be sold sooner to low-income buyers. Habitat for Humanity, the California Building Industry Association, and several housing groups supported the measure as a no-cost fix to reduce vacancy and carrying costs, while the California Association of Realtors opposed it, warning it could create a right of first refusal and set a precedent affecting property rights and competition. After discussion about the narrow scope and committee amendments, the bill passed 6-1 to Appropriations.
AB 1070 would direct the state to study and potentially modernize building code treatment for small, middle-housing projects so that low-rise buildings with three to ten units could be regulated more like residential structures rather than commercial ones. Supporters said the current code makes small multifamily projects unnecessarily expensive and that other states have adopted similar approaches; there was no opposition. The committee passed AB 1070 unanimously to Appropriations. Finally, AB 1184, by the vice chair, would increase HOA transparency and resident access to records, including recordings of HOA meetings; it had no witnesses in opposition and passed 8-0 as amended to Appropriations. After the meeting, absent members later added votes, and the final recorded votes were 10-1 for AB 939, 11-0 for AB 1070 and AB 1184, and unanimous support for AB 739 and AB 748.
AL
Transcript Highlights:
- And, you know, there may be an insurance claim ultimately filed by the homeowner.
- . homeowner. homeowner.
- </c> claim ultimately filed by the homeowner. claim ultimately filed by the homeowner.
- You know, that's going to depend on specific insurance, homeowner policies, and such.
- You know, that's going to depend on specific insurance, homeowner policies, and such.
Committee:
House Insurance
Keywords:
HB300, Choctaw County, probate court, probate judge, recording fee, filing fee, deed tax, mortgage tax, deeds, mortgages, property records, recordation, county local act, local legislation, technology upgrades, digitalization of records, recordkeeping, county treasury, special fund, court administration
TX
Transcript Highlights:
- This is a bill about property tax relief for a homeowner whose home is destroyed by fire.
- Students for performance tier funding under the public junior college state finance program.
- Senate Bill 2221 by Parker, relating to the filing of a fraudulent financing statement in relation to
- It does not override restrictions for homeowners associations or other deed restrictions that may be
- And for most people, that's going to be homeowners and automobile insurance.
Bills:
SB15 , SB35 , SB290 , SB1365 , SB2568 , SB18 , SB427 , SB1860 , SB1864 , SB2675 , SB596 , SB2858 , SB3058 , SB816 , SB1163 , SB1484 , SB1898 , SB1777 , SB1802 , SB2692 , SB315 , SB1585 , SB1626 , SB2058 , SB2050 , SB2105 , SB2245 , SB2764 , SB2611 , SB2497 , SB2452 , SB2243 , SB1705 , SB1244 , SB1361 , SB438 , SB578 , SB584 , SB2690 , SB2521 , SB2487 , SB2342 , SB2063 , SB125 , SB2041 , SB1962 , SB1413 , SB6 , SB2878 , SB13 , SB30 , SJR87 , SB7 , SB127 , SB293 , SB441 , SB3059 , SB57 , SB512 , SB1718 , SB140 , SB2055 , SB2075 , SB2018 , SB1534 , SB1567 , SB785 , SB1233 , SB1580 , SB1663 , SB413 , SB447 , SB519 , SB467 , SB1579 , SB1191 , SB1021 , SB1838 , SB2807 , SB2835 , SB546 , SB2121 , SB2167 , SB2024 , SB1032 , SB1049 , SB1266 , SB1400 , SB1302 , SB401 , SB1596 , SB1281 , SB1242 , SB1343 , SB1346 , SB2753 , SB2221 , SB1719 , SB2177 , SB552 , SB646 , SJR1 , SB15 , SB800 , SB790 , SB748 , SB571 , SB1957 , SB1923 , SB1896 , SB1760 , SB1335 , SB2368 , SB2477 , SB2587 , SB2972 , SB2986 , SB2965 , SB1563 , SB1467 , SB1164 , SB1137 , SB614 , SB705 , SB961 , SB918 , SB955 , SB869 , SB850 , SB863 , SB1610 , SB1055 , SB2206 , SB457 , SB2337 , SB1362 , SB926 , SB1494 , SB251 , SB456 , SB500 , SB1307 , SB2615 , SB2995 , SB2321 , SB973 , SB974 , SB865 , SB506 , SB781 , SB1522 , SB1558 , SB510 , SB667 , SB763 , SB2073 , SB1858 , SB1660 , SB505 , SB2900 , SB1433 , SB1540 , SB1964 , SB1300 , SB1644 , SB2217 , SB2373 , SB2431 , SB1758 , SB2480 , SB3039 , SB3047 , SB3073 , SB2920 , SB2781 , SB826 , SB766 , SB2460 , SB527 , SB1946 , SB2885 , SB1243 , SB2610 , SB2595 , SB857 , SB2501 , SB66 , SB268 , SB331 , SB618 , SB414 , SB1394 , SB2425 , SB898 , SB993 , SB442 , SB735 , SB784 , SB2538 , SB1919 , SB1013 , SB2215 , SB2322 , SB626 , SB570 , SB747 , SB2183 , SB673 , SB1015 , SB1447 , SB1370 , SB1784 , SB1897 , SB2873 , SB2891 , SB2933 , SB2540 , SB2681 , SB2695 , SB1965 , SB2203 , SB872 , SB875 , SB1030 , SB1277 , SB1730 , SB1681 , SB1152 , SB2969 , SB2747 , SB2705 , SB2541 , SB1708 , SB2080 , SB2721 , SB1986 , SB2392 , SB2539 , SB2857 , SB2799 , SB2785 , SB2782 , SB1531 , SB1927 , SB1263 , SB1098 , SB35 , SB290 , SB1365 , SB2568 , SB18 , SB427 , SB1860 , SB1864 , SB2675 , SB596 , SB2858 , SB3058 , SB816 , SB1163 , SB1484 , SB1898 , SB1777 , SB1802 , SB2692 , SB315 , SB1585 , SB1626 , SB2058 , SB2050 , SB2105 , SB2245 , SB2764 , SB2611 , SB2497 , SB2452 , SB2243 , SB1705 , SB1244 , SB1361 , SB438 , SB578 , SB584 , SB2690 , SB2521 , SB2487 , SB2342 , SB2063 , SB125 , SB2041 , SB1962 , SB1413 , SCR9 , SB21 , SB1198 , SB1405 , SB2601 , SB2778 , HB5560 , HB762 , HB1584 , HB 107 , HB 114 , HB138 , HB4386 , HB2495 , HB581 , HB3348 , HB5323 , HB4341 , HB6 , HB171 , HB143 , HB449 , HB3486 , HB4263 , HB5246 , HB2 , HB2011 , SB17
Keywords:
SB 15, Texas Local Government Code, zoning preemption, housing affordability, small lots, lot size, lot density, single-family zoning, residential subdivision, municipal land use, local control, state preemption, parking requirements, setbacks, infill development, missing middle housing, lot width, lot depth, homebuilders, housing supply
MN
Transcript Highlights:
- increasing permit fees for certain projects and would disproportionately and negatively impact homeowners
- I'm fairly familiar with city finances in my position. I'm aware of the accounting.
- I'm fairly familiar with city finances in my position. I'm aware of the accounting.
- :30:08.880><c> the</c> because either the contractor or the because either the contractor or the homeowner
- who's doing the work has not homeowner who's doing the work has not done<00:30:11.880><c> their</c><
Committee:
Senate Labor
NM
Transcript Highlights:
- Senate Bill 228, germane, thence referred to the Finance Committee.
- Senate Bill 228, germane, thence referred to the Finance Committee.
- In this case, the individual had a weapon, was a gun, and the homeowner was killed. Senator Scott.
- There's a lunch town hall in the Senate Finance Chambers, 322. Thank you to the chairman.
- Senate Finance will go in at 9 a.m. tomorrow.
Summary:
The Senate convened with a quorum, heard an invocation from Rabbi Jack Stocker for New Mexico’s first Jewish Community Day at the legislature, and then proceeded with the Pledge of Allegiance, Spanish pledge, flag salute, and national anthem. Early floor business included unanimous-consent approvals for cameras on the floor and in the gallery, a relaxed dress code for guests, and an excuse for Senator Hickey. Majority Floor Leader Peter Wirth noted it was the last day for bill introductions and reviewed the day’s observances and receptions, including Multiple Sclerosis Advocacy Day, Jewish Community Day, Santo Domingo Pueblo Day, Lincoln County Day, and UNM Day.
A large portion of the meeting was devoted to honoring the Artesia Bulldogs football team, recognized for winning another state championship and for their long record of success. Senators and coaches praised the team’s resilience, community support, and the role of local fundraising and school support in sustaining athletic excellence. The Senate also observed a moment of silence for New Mexico State Police Officer Darien Jarrett on the fifth anniversary of his death in the line of duty, with Senator Brantley speaking about Jarrett’s service and the impact of his loss on law enforcement and the region.
The chamber then celebrated UNM Day with a formal certificate recognizing the University of New Mexico’s role as the state’s flagship university, its enrollment, degrees awarded, research, patents, health sciences, and hospital services. Multiple senators spoke in support, emphasizing UNM’s impact on education, health care, public service, first-generation students, and athletics, and several introduced guests from UNM programs and leadership. The Senate also read and adopted a certificate recognizing Dr. V. Sue Cleveland for 32 years leading Rio Rancho Public Schools, with members praising her role in building the district and supporting its growth and success.
Later, the Senate recognized Valencia County Day and Hidalgo County Day, with senators highlighting each county’s history, economic development, agriculture, transportation, and community identity, and introducing local officials, business leaders, and youth honorary lieutenant governors. Additional floor remarks honored nurses and health care professionals tied to Lincoln County Day and related observances, with senators introducing guests from nursing, education, and hospital settings and emphasizing the importance of the nursing workforce and rural health care.
MN
Minnesota 2025-2026 Regular Session
Capping Property Taxes to Increase Affordability – Senator Michael Kreun Mar 13th, 2026
Minnesota Senate Floor Meeting
Transcript Highlights:
- Well, it's been mostly positive um from my constituents and homeowners in particular.
- Well, it's been mostly positive um from my constituents and homeowners in particular.
- </c> um from my constituents and homeowners um from my constituents and homeowners in<00:03:57.760><c
- who really need table for homeowners who really need relief?
- Obviously that affects homeowners, but is there a wider impact?
CA
California 2025-2026 Regular Session
Assembly Select Committee on Native American Affairs Mar 13th, 2026
Transcript Highlights:
- As homeowners' insurance costs rise, often doubling or more in...
- Our homeowners insurance for earthquakes, but for fires, they're out of here.
- The rising cost of homeowners' insurance in tribal communities is not inevitable.
- The rising cost of homeowners, insurance in tribal communities is not inevitable.
- And now we have six out of the 12 largest insurance companies in our homeowners market.
LA
Louisiana 2026 Regular Session
House of Representatives May 26th, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- Senate Bill 495 by Senator Kleinpeter provides relative to campaign finance and campaign contributions
- Senate Bill 495 by Senator Kleinpeter provides relative to campaign finance, campaign contributions,
- gubernatorial transitions, and they're reporting to have it aligned with the rest of our campaign finance
- If you look on page... ...have it aligned with the rest of our campaign finance reporting.
- whatnot and making sure that any kind of transition committee that is required to report campaign finance
Bills:
HR320 , HR321 , SCR55 , SCR69 , SCR75 , SCR77 , SCR78 , SCR79 , SB259 , SB295 , SB312 , SB348 , SB444 , SB485 , HR73 , HR118 , HR144 , HR196 , HR237 , HR249 , HR260 , HR267 , HR272 , HR278 , HCR85 , HCR100 , HCR105 , HCR107 , HCR114 , HR245 , SCR5 , SCR29 , SCR33 , SCR37 , SCR63 , SCR30 , SCR40 , HB62 , HB193 , HB210 , HB220 , HB246 , HB364 , HB420 , HB475 , HB584 , HB622 , HB772 , HB784 , HB949 , HB953 , HB1043 , HB1070 , HB1092 , HB1134 , HB1162 , HB1176 , HB1196 , HB1214 , HB119 , HB129 , HB233 , HB283 , HB538 , HB789 , HB850 , HB870 , HB1236 , HB1241 , HB54 , HB137 , HB321 , HB368 , HB386 , HB414 , HB431 , HB552 , HB555 , HB578 , HB590 , HB593 , HB618 , HB638 , HB670 , HB692 , HB707 , HB708 , HB715 , HB718 , HB732 , HB741 , HB748 , HB776 , HB796 , HB807 , HB822 , HB848 , HB856 , HB887 , HB888 , HB917 , HB921 , HB1082 , HB1243 , HB1246 , HB378 , HB509 , HB1090 , HB1259 , SB80 , SB131 , SB143 , SB251 , SB254 , SB279 , SB367 , SB384 , SB388 , SB389 , SB398 , SB408 , SB431 , SB468 , SB469 , SB496 , SB4 , SB52 , SB57 , SB83 , SB145 , SB152 , SB194 , SB276 , SB319 , SB333 , SB448 , SB450 , SB465 , SB484 , SB501 , SB509 , SB149 , HR168 , HB463 , HB998 , SB123 , SB353 , SB479 , SB495 , SB82 , SB97 , SB283 , SB326 , SB518 , SB197 , SB268 , HB901 , HR20 , HR74 , HCR65 , HCR71 , HCR98 , HB284 , HB306 , HB341 , HB366 , HB393 , HB458 , HB577 , HB603 , HB605 , HB614 , HB625 , HB646 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1191 , HB1240 , HB1255 , SB89 , HB74 , HB134 , HB258 , HB359 , HB468 , HB956 , HB1117 , SB29 , SB42 , SB43 , SB78 , SB208 , SB217 , SB274 , SB300 , SB341 , SB379 , SB382 , SB387 , SB401 , SB441 , SB449 , SB487
Keywords:
Arsenal, Arsenal F.C., Premier League, English football, soccer, football club, Mikel Arteta, Emirates Stadium, North London, Tottenham Hotspur, Gunners, sports resolution, commendation, celebration, championship, silverware, Louisiana House Resolution, ceremonial resolution, domestic violence, forensic medical examinations
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Energy and Telecommunications - 05/06/2026
Energy And Telecommunications
Transcript Highlights:
- The bill will move to the finance committee. Next.
- This bill will move to finance. Next.
- What about homeowners that are along the body of water where these could be located?
- This is going directly to Finance, but it has an obvious environmental impact and also requires DEC to
- This bill will move to the Finance Committee.
Committee:
Senate Energy And Telecommunications
Summary:
The Senate Standing Committee on Energy and Telecommunications considered a large agenda focused mainly on energy affordability, the CLCPA, utility rates, and renewable energy siting. Senator Mattera and other Republican members argued that the Climate Leadership and Community Protection Act has driven up utility bills, harmed reliability, and imposed costs on ratepayers, while Democratic members pushed back that rising costs are also driven by natural gas markets, infrastructure costs, and broader economic factors. Several bills sought to repeal or pause CLCPA-related policies, create a CLCPA task force, impose studies or moratoriums on new energy taxes and fees, and increase transparency around utility surcharges and state energy spending. Supporters framed these measures as ratepayer relief and accountability; opponents said some proposals would undermine clean-energy policy and existing consumer-benefit programs.
The committee defeated S.1167, which would have repealed the All Electric Building Act, and S.1173, which would have created a CLCPA task force. It also failed S.5250, a bill to study CLCPA costs and impose a moratorium on new energy taxes, fees, or regulations, and S.7075, which would have prohibited the system benefits charge on utility bills. Several other bills advanced, including S.1236A on virtual access and electronic filing for Public Service Commission proceedings, S.1552 establishing reduced residential rates for low-income electric and natural gas customers, S.2484 directing a study of replacement timeframes for battery storage and renewable facilities, S.2638 on carbon allowance auction proceeds, S.3247 on electric vehicle charging stations, S.3553 requiring utilities to post promotional and educational materials on their websites, S.4571A creating a floating solar incentive education program, S.5518 shifting Public Service Commission funding to legislative appropriation, and S.6412A requiring itemized ratepayer disclosure of surcharges. S.9251, on labor-related legal costs, was referred to the Labor Committee. S.7710, which would have restricted energy storage systems near schools and homes in New York City, failed after concerns and support were debated. The committee adjourned after completing the agenda.
WV
West Virginia 2026 Regular Session
WV Senate Banking and Insurance Committee in Session Mar 11th, 2026 at 02:34 pm
Transcript Highlights:
- in West Virginia is through homeowners insurance companies.
- In West Virginia, it is through homeowners insurance companies.
- Here's a check for $40,000,' and the homeowner accepts the $40,000 check." "$40,000, and the homeowner
- That homeowner puts in a claim for the mine subsidence fund to pay for damages to his home.
- Right now, there isn't an ability for the fund to receive a set-off of the $40,000 that the homeowner
Summary:
The Senate Banking and Insurance Committee met with a quorum present and approved the March 4, 2026 minutes by voice vote. The committee first considered House Bill 55, which updates and modernizes workers’ compensation statutes to reflect the privatized system, remove obsolete provisions, and adjust the Workers’ Compensation Board of Review from five members to three. The Insurance Commissioner testified that the bill is part of the cleanup from privatization and would give the governor more flexibility in appointments. After adopting a strike-and-insert amendment and a title amendment, the committee reported HB 55 to the full Senate with a recommendation that it do pass.
The committee then took up House Bill 5463, which would reduce BRIM’s required liability coverage for county boards of education from $1.25 million to $1 million per occurrence and eliminate the separate $5 million excess coverage requirement. BRIM’s director testified that the excess market was difficult to access and costly, but several senators raised concerns that lowering coverage could reduce protection for victims and school-related claims. After a divided vote, the motion to report the bill failed, and HB 5463 was not passed by the committee.
Next, the committee considered House Bill 4869, creating guaranteed issue rights for Medicare supplement policies, including annual birthday replacement rights and a special right for certain Medicaid recipients losing eligibility. Counsel said the bill would prohibit underwriting barriers during the guaranteed issue periods and require an annual report on premium trends. With no amendments offered, the committee reported HB 4869 to the full Senate with a recommendation that it do pass.
Finally, the committee considered House Bill 5462 on mine subsidence insurance. The bill would allow the mine subsidence fund to offset payments by amounts received from other sources and limit lawsuits over claims reported to BRIM. Members debated a proposed strike-and-insert amendment that would have softened the litigation limits and added notice and remedy provisions, but the amendment was rejected. The committee then reported HB 5462 to the full Senate with a recommendation that it do pass, and the meeting adjourned.