Transcript Highlights:

• on the finance committee report?
• finance committee report. finance committee report. >> Rep.<02:08:40.560> Hartzuk.
• So, in finance, we we heard this bill. So, in finance, we we heard this bill.
• vote on this amendment to the finance vote on this amendment to the finance committee<02:44:57.439
• To the finance committee report. To the finance committee report.

Keywords: 981, all

Summary: The House convened with a quorum, approved the journal from April 30, 2026, and then moved through a series of announcements and introductions, including recognition of guests from Aurora Public Schools, remarks about International Workers Day and Law Day, and several social announcements about food events and a Cinco de Mayo potluck. The chamber also heard a brief recess and then proceeded to third reading business. The first major action was House Joint Resolution 10:30, sponsored by Representatives Gonzalez and Joseph, which designates a portion of Colorado Highway 14 in Weld County as Mono and Matt Road in memory of Eduardo Mono Hernandez and Matthew Garcia, two Greeley Central High School student-athletes killed in a 2014 crash. Sponsors and supporters described the resolution as a permanent tribute to the young men and to the Greeley community. The resolution passed overwhelmingly, 62-0, with three excused. The House then considered Senate Bill 143, updating the name of the Colorado Youth Advisory Council Review Committee, and Senate Bill 124, concerning information related to the automated protection order notification system. Both measures passed on third reading, each by a vote of 43-19 with three excused. The chamber also laid over Senate Bill 43 until Monday. Finally, the House took up House Bill 1421, which would prohibit certain compensation arrangements in the legal profession and create the Colorado Legal Practice Integrity and Fee Sharing Prohibition Act. Supporters argued it would prevent private equity from influencing law firms and protect client-focused legal judgment, while opponents raised concerns about separation of powers, the judiciary’s role in regulating lawyers, and possible effects on rural legal services and consolidation. One member requested and received an excusal from the vote due to a potential conflict. The debate continued as the transcript ended, with no final vote shown for the bill in the excerpt.

Transcript Highlights:

• I know our ranking member is in the Finance Committee meeting.
• The bill is still referred to Finance. Next is S. 348.
• The bill is referred to Finance. Next is S. 3... Next is S. 3145.
• The bill is referred to Finance. Next is S. 3836.
• The bill is referred to Finance. Next is S. 7880A.

Keywords: 993, senate, all

Summary: The Committee on Investigations and Government Operations met on March 24, 2026 and took up a ten-bill agenda. Most of the measures were advanced by motion and second with little debate, and several were referred onward to other committees, including Finance, Local Government, Ethics, and Labor. Bills discussed included S.334 on publishing records of public interest, S.348 and S.3836 on Alcoholic Beverage Control Law changes, S.407 on the Executive Law, S.1572, S.3145, and S.7880A on the Tax Law, and S.7990 on the Executive Law and County Law. S.646 was reported, while S.334, S.348, S.407, S.1572, S.3145, S.4693, S.7880A, and S.7990 were referred to other committees as noted. A notable discussion occurred on S.4693, the Taxpayer Access to Publicly Funded Research Act. Members asked how public access would work and whether posting research online could affect scholarly journals that rely on subscriptions. Staff explained that the bill would require publicly funded research to be posted on agency websites and that the intent was to make taxpayer-supported findings available to the public without additional advertising or special access mechanisms. The sponsor’s rationale was that taxpayers should be able to access research they helped fund, though concerns about the impact on journals were acknowledged. Votes were generally favorable, with a few recorded objections or abstentions. S.348, S.1572, and S.7880A each had at least one nay, and several bills had one without-recommendation vote. The committee ultimately reported S.646 and S.3836, while the other measures were referred to the appropriate committees for further consideration.

Transcript Highlights:

• This is a public hearing of the Joint Committee on Health Care Financing.
• Chairwoman Friedman, Chairman Lawn, and members of the Joint Committee on Health Care Financing, for
• Thank you, Chair Lawn and Committee on Health Care Financing. My name is Chris Ho.
• My finances will never recover.
• I have Chair Friedman, Chair Lawn, and members of the Joint Committee on Health Care Financing.

Keywords: 995, all

Summary: The Joint Committee on Health Care Financing held a public hearing on 16 bills, with the chairs noting a busy legislative day and asking speakers to keep testimony brief. The committee first heard testimony on Senate 860/House 1405, the Medicare for All bill, with Sen. Jamie Eldridge and many advocates, clinicians, municipal officials, and patients arguing that a single-payer system would make care a right, reduce administrative waste, lower costs, and protect residents from rising premiums, medical debt, and hospital closures. Several speakers cited the Steward hospital crisis, affordability problems, and polling or ballot questions showing public support for single-payer coverage. No vote was taken during the hearing. The committee then took testimony on S. 863, a bill on non-opioid options for chronic pain. Pain specialists, patients, and advocates said the bill would improve care coordination for MassHealth members, expand access to non-opioid medications, require provider education, and collect data on chronic pain. Testifiers described long delays in diagnosis and treatment, stigma toward pain patients, and the need for multidisciplinary care and transportation support. Again, the committee heard testimony only and took no action. A large portion of the hearing focused on H. 1360/S. 869, which would prevent discrimination against people with disabilities in health care. Disability advocates, clinicians, and patients described being denied or delayed care, pressured into DNR orders, or treated based on assumptions about quality of life rather than medical facts. Speakers referenced COVID-era crisis standards of care, discriminatory metrics, and personal stories involving canceled procedures, inadequate accommodations, and poor treatment in hospitals. Committee members thanked speakers for their testimony and said they would review the bill and its implications, but no vote was announced. The committee also heard testimony on H. 1399, an individual Medicare marketplace option for municipal retirees, where supporters said it would give cities and towns a lower-cost alternative for retiree health benefits through HRAs and individual Medicare plans. The hearing then returned to Medicare for All testimony, with additional supporters repeating arguments about cost, access, municipal budget pressure, and the need for global budgeting and universal coverage. The transcript ends with continued testimony and no recorded committee vote or final action on any bill.

Transcript Highlights:

• Committee on Finance.
• I too encourage an I vote on the School Finance Act.
• I too encourage an I vote on the School Finance Act.
• This is probably the second Finance Act.
• finance formula. We kept those promises. finance formula. We kept those promises.

Keywords: 981, all

Summary: The Senate convened with a quorum, approved the journal, and received committee and House messages before moving into third reading and final passage on several bills. Early action included passage of House Bill 1318, which concerns traffic safety near schools; Senator Cutter offered and the chamber adopted a third-reading amendment naming it the Liam Stewart School Zone Act in honor of a child killed in a traffic accident near a school. The bill then passed 33-1. The chamber also passed Senate Bill 134 on payment card network fees, and laid over Senate Bill 17 until April 30. The Senate then considered Senate Bill 45 on workforce development opportunities in Colorado’s nuclear sector, Senate Bill 91 on excluding certain printed news deliverers from employee definitions under labor law, Senate Bill 114 on spirituous liquor manufacturer sales rooms, Senate Bill 162 on releasing healthcare test results to patients, Senate Bill 23 on school finance, Senate Bill 93 on workers’ compensation coverage compliance, Senate Bill 155 on homeowners insurance availability, Senate Bill 146 on restricting single-use food service ware, and Senate Bill 156 on State Workforce Development Council practices. Most of these bills passed, with recorded opposition on several measures: SB 91 passed 26-8, SB 114 passed 31-3, SB 162 passed 29-5, SB 93 passed 19-15, SB 155 passed 22-12, SB 146 passed 20-14, and SB 156 passed 32-2. SB 23, the school finance act, drew broad support and passed 34-0 after multiple senators emphasized education funding priorities and constitutional obligations. During debate, senators highlighted policy rationales and personal stories. On SB 162, Senator Weissman explained his no vote as a patient-autonomy concern despite acknowledging the bill’s earnest intent. On SB 23, supporters said the bill preserved and strengthened K-12 funding, while one senator argued schools should do better on safety and teacher pay. On SB 155, supporters said the homeowners insurance bill could help change market direction and improve affordability. On SB 156, Senator Marchman described the bill’s focus on out-of-school youth and the need to connect young people who are not in education, employment, or training with workforce supports. The Senate also began special-order second reading of consent-calendar bills, adopted the committee reports, and advanced House Bill 1313 on affordable housing fund requirements with amendments related to Prop 123 implementation and stakeholder processes.

Transcript Highlights:

• Um, I developed this bill in consultation with campaign finance board director Jeff Seagerson after the
• board website where the campaign finance board website where our<00:02:35.120> information<00
• <00:02:38.800> board<00:02:39.040> felt and the campaign finance board felt and the
• This is providing for classification of reports that are going to the Campaign Finance Board.
• So these are statements filed with local officials and not with the Campaign Finance Board.

Keywords: 1183, house

Summary: The committee took up House File 3363, a bill focused on protecting the privacy and safety of legislators and other candidates by limiting public access to home addresses and related information in campaign finance and election filings. The author said the bill was prompted by the events of June 14 and was intended to make temporary Campaign Finance Board changes permanent. No public testimony was offered, and the author explained that the bill had been narrowed and reorganized after a Senate delete-everything amendment expanded its scope. Members then considered a series of amendments. The A1 amendment, which added security devices and security services as allowable non-campaign disbursements, was adopted after questions about family relationships and whether payments to relatives could qualify. The A2 through A9 amendments were also adopted, covering data classification or redaction of street addresses in Campaign Finance Board reports, lobbyist gift reports, candidate affidavits of candidacy, nominating petitions, local government candidate reports, and retroactive redaction of existing reports. The A4 amendment was modified by A12 to apply city, state, and ZIP code reporting to political committees, political funds, and party units. The A13 amendment removed a proposed misdemeanor penalty tied to disclosure violations, and the A14 amendment was adopted to give caucus and chamber leaders access to actual candidate addresses, though members noted the language still needed refinement and that the intent was to continue working on it. There was discussion about whether the address-access language in A14 would apply to all candidates or only legislative candidates, and whether it would affect residency disputes; staff said it would not change complaint or court processes, but could be a data point. Several members said they had concerns about the breadth of the language but were willing to keep working on it. After the amendments were adopted, the committee moved to the bill as amended and recommended that House File 3363 be re-referred to the Judiciary Committee.

Transcript Highlights:

• As I said earlier, the school finance system is...
• As I said earlier, the school finance system is...
• They are similarly titled Education Finance Grant Appropriations.
• <01:38:48.800> Grant education Finance Grant education Finance Grant Appropriations<01:38:
• <01:39:01.239> budget within the education finance budget within the education finance budget

Keywords: 1187, senate, all

Transcript Highlights:

• Operations Division I'm just the finance Operations Division I'm just going<00:08:44.440> to<
• division so there is some finance division so there is some criteria<00:08:52.040> that<00:08
• <00:09:30.880> division<00:09:31.880> again and then the finance division again and
• So the cause here is very similar to the cause that we saw in the first finding: the finance division
• That finance division, they're signing off on it.

Keywords: 1183, house

Summary: The committee approved the January 16, 2024 minutes without objection. Members then heard a presentation from the Office of the Legislative Auditor on its December 2024 performance audit of the Department of Human Services’ outstanding provider debt in Minnesota’s Medicaid fee-for-service program. Legislative Auditor Judy Randall said the audit was launched after the office noticed a large accounts receivable balance during the state financial statement audit and became concerned that DHS did not understand the extent of the overpayments, had poor data, and planned to forgo recovery of some recoverable balances. Deputy Legislative Auditor Lori Lyson explained that DHS had reported $51.7 million in provider debt across about 2,500 providers in fiscal year 2023, with testing focused on long-term care facilities and the largest balances. The audit concluded DHS did not comply with legal requirements and lacked adequate internal controls. Findings included that DHS had not attempted to recover more than $40 million since collection notices were last sent in 2015 and 2019; that the department planned to write off some balances under $1,000 and some older than six years despite the auditors’ view that at least some of that debt may still be recoverable; that DHS overstated accounts receivable in its financial reporting because it had not updated its allowance calculation since 2019; and that MMIS data were insufficient to verify balances, with 20 of 59 sampled providers not reconciling and many dates inaccurate. In response to member questions, the auditors said the overpayments appeared to be routine program adjustments rather than fraud, but the department could not explain many of them because detailed data are only retained for about three years. They also said they did not know which specific DHS leader approved not collecting the debt, and that responsibility for recovery appeared split between program and finance staff, with each pointing to the other. The auditors recommended DHS recover the debt where possible, improve internal controls, retain better documentation, ensure accurate financial reporting, and work with the legislature if needed to clarify recovery authority.

Transcript Highlights:

• put on an amendment in the finance put on an amendment in the finance committee.<00:31:12.160>
• And the Finance Committee is the last stop for these bills.
• bill that we had stricken the finance bill that we had stricken the finance things<01:49:40.160>
• Is there discussion from members of the Finance Committee?
• Is there discussion from members of the Finance Committee?

Keywords: 1187, senate, all

Transcript Highlights:

• Obviously, I'm not on the Finance Committee, so Finance is going to kind of do, at least in terms of
• Obviously, I'm not on the Finance Committee, so Finance is going to kind of do, at least in terms of
• Obviously, I'm not on the Finance Committee, so Finance is going to kind of do, at least in terms of
• Obviously, I'm not on the Finance Committee, so Finance is going to kind of do, at least in terms of
• Obviously, I'm not on the Finance Committee, so Finance is going to kind of do, at least in terms of

Keywords: 928, house, all

Summary: The committee first took up House Bill 313 and, on motion by Representative Perez, voted to retain the bill because members felt it needed further work and was not ready for final action. The motion passed 18-0, and no further action was taken on the bill. House Bill 391, an anti-SLAPP measure, was then discussed; supporters said it addressed a real problem and should move forward, while opponents raised concerns that it was too broad, could affect criminal cases, and might create procedural complications. The committee voted 18-0 to retain HB 391 as well, and it was placed on consent. The committee next considered House Bill 462, establishing a cause of action for unwarranted video imaging of residential properties. Representative McFarland moved OTP, saying the bill raised First Amendment and property-rights concerns. The motion passed 18-0, and the bill was also placed on consent. The committee then turned to House Bill 509, which would require reporting on forfeitures. Supporters argued the information was useful for future legislation, while opponents said the reporting would be costly, duplicative, and potentially split data across fiscal years. The committee voted 11-7 to recommend OTP, with a minority of members opposed. House Bill 520, authorizing Department of Education hearing officers to issue subpoenas, drew the most extended debate. Supporters argued DOE needed the same tools other agencies have, while opponents said DOE already had access to needed information, the Attorney General could handle subpoenas, and the bill would create an unbalanced process and raise due process and student-record concerns. Representative Tur offered Amendment 0842H to shift subpoena power from DOE hearing officers to the Attorney General; after debate, the amendment failed 10-8. The transcript cuts off as the committee begins the roll call on the underlying bill after rejecting the amendment.

Transcript Highlights:

• <00:17:11.199> and I'm with the Office of Finance and I'm with the Office of Finance and Operations
• other one is our education finance other one is our education finance application<00:19:32.640><
• And then education finance application.
• of finance at KET. of finance at KET.
• Now, we would like for the finance and Now, we would like for the finance and administration<00:53:06.480

Keywords: 958, all

Summary: The Capital Planning Advisory Board met for its first meeting of the year, confirmed a quorum, approved the prior year’s minutes, and welcomed new co-chairs and members. The board reviewed the capital planning timeline and a list of agencies that submitted plans but would not testify. Members were reminded to keep presentations brief because of a packed agenda. The Cabinet for Health and Family Services presented first, outlining priorities centered on public safety, infrastructure preservation, and preventive maintenance. Its requests included a $21 million maintenance pool, phase two funding for a new state public health laboratory, construction of an 18-bed children’s psychiatric hospital, and several projects at Western State Hospital and Western State Nursing Facility, including HVAC work, cooling tower repair or replacement, and chiller plant repiping. Additional projects covered elevator upgrades at Hazlewood and phased cottage renovations at Oakwood. Board members asked about vacant buildings, the cost per bed for the youth psychiatric facility, and the relationship between the CHFS youth facility and a separate DJJ facility; CHFS said the youth facility would serve DCBS-involved youth and be separate from the DJJ project. The Kentucky Department of Education then described its state-operated facilities, including the Kentucky School for the Deaf, the Kentucky School for the Blind, and the FFA leadership training center. Its priorities included additional funding for the FFA classroom and activity building, a rewrite of the SEEK education finance application system, renovation and repair of the FFA swimming pool, electrical upgrades, campus education enhancements, safety and security work, door and window replacements, and HVAC maintenance. Members asked about student outcomes, the size and cost of the swimming pool project, and construction cost assumptions; KDE said it tracks student outcomes through special education staff and that current estimates reflect higher post-COVID construction costs. The Education and Labor Cabinet began its presentation with 12 priority projects, including a state labor exchange system, renovation of the McDow Vocational Rehabilitation Center, and a new adult education and family literacy management information system. The cabinet said the labor exchange would connect job seekers and employers at no cost, while the McDow renovation was needed because the 30-year-old facility faces safety and code concerns. The cabinet planned to continue through the remaining priorities and answer questions at the end of its presentation.

Transcript Highlights:

• California and the Department of Finance on developments since our first hearing in February.
• Mary Halterman, Department of Finance. I'm the Assistant Program Budget Manager.
• Finance continues to monitor.
• . financing mechanisms work.
• Recommendations 3 through 11 deal with the financing topic.

Keywords: 988, house, all

Transcript Highlights:

• The budget includes $508 million for the Florida Housing Finance Corporation.
• I'm going to jump now to Florida Housing Finance Corporation.
• As you know, Florida Housing Finance Corporation is the state's attainable housing finance entity.
• These are low-interest loans to finance housing development.
• It's Florida Housing Finance. You're recognized. Thank you, Mr. Chair.

Summary: The committee met to review agency program funding as it prepared to build the budget, hearing brief presentations from six agencies and then taking member questions. Florida Division of Emergency Management highlighted its role in response, preparedness, recovery, and mitigation, describing a largely federal pass-through budget, major technology investments, and large disaster and preparedness grant activity. The Department of Commerce, Department of State, Florida Housing Finance Corporation, Department of Transportation, Department of Military Affairs, Florida State Guard, and Department of Highway Safety and Motor Vehicles also summarized their budgets, staffing, and major programs, including workforce and economic development, elections and arts funding, housing assistance, transportation work programs, military readiness, state guard expansion, and highway safety and motorist services. Members focused questions on several issues: arts and library grant funding and whether award criteria had changed; Commerce’s rural infrastructure and job growth grants and why funds were not being disbursed faster; Florida Housing’s use of SAIL, Live Local, Hometown Heroes, and SHIP funds and how smaller agencies learn about and access funding; and DOT’s work program gap between agency and governor proposals. The most extensive questioning was directed to Highway Safety and Motor Vehicles about long DMV lines, vacancies, overtime, staffing shortages, and the ability to shift funds between divisions. The department said staffing and pay constraints, especially in South Florida, were driving service delays and vacancy rates, and that overtime was being used because troopers were leaving for better-paying jobs. The Florida State Guard was also questioned about its spending and procurement pace, including aircraft purchases and facilities. Its director said long procurement timelines explained the low initial spending and that obligations had risen sharply as contracts matured. Members also asked about the department’s public opposition to Amendment 3 and whether agency resources were used in that effort; the director said no contracts or purchases were made to influence the vote and said the colonel’s comments were made off the clock. The meeting ended with the chair asking agencies to respond promptly to unanswered questions, and the committee adjourned without any recorded votes or formal actions beyond receiving the presentations and questions.

Transcript Highlights:

• Brennan Cassina, Department of Finance.
• Brennan Cassina, Department of Finance.
• Tamara Weber, Department of Finance.
• So Sabrina Adams, Department of Finance... Sure, so Sabrina Adams, Department of Finance.
• Lisboskosio with Department of Finance.

Keywords: 987, senate, all

Transcript Highlights:

• Jacob Kern, Department of Finance.
• Jacob Kern, Department of Finance.
• Yeah, Aminelbin, Department of Finance.
• Lourdes Morales, Department of Finance.
• Megan Tokanaga Block, Department of Finance.

Summary: The Assembly Budget Committee held an informational hearing on the final three-party budget agreement and related trailer bills, with the Department of Finance outlining the major budget bill and omnibus measures. Finance described a package built around balancing the state budget amid economic uncertainty, preserving core health and safety-net programs, and making significant ongoing reductions in some state programs. The budget bill included major items such as shifting $1 billion from the General Fund to the Greenhouse Gas Reduction Fund for Cal Fire, funding universal transitional kindergarten, deferring some UC and CSU funding, supporting foster care and homelessness programs, providing Proposition 36 implementation funding, and achieving Medi-Cal savings through changes to benefits and eligibility. The committee also heard that votes on the budget bills were expected later in the week and the following Monday. Finance then walked through the trailer bills, including health, human services, early learning, education, resources, energy, transportation, labor, housing, tax, public safety, courts, general government, cannabis, and energy-related measures. Notable provisions included a Medi-Cal enrollment freeze for certain adults, new premiums and benefit changes for some immigrants, child care COLA changes, education funding for literacy, teacher support, universal meals, and community college student support, as well as resource and climate measures affecting Cal Fire staffing and energy permitting. The housing trailer bill drew the most discussion, with provisions on CEQA streamlining, a vehicle miles traveled mitigation banking program, a renters’ credit trigger, and a six-year moratorium on new residential building standards. Members also discussed a film tax credit expansion, cannabis enforcement funding, a tribal police pilot program, and changes to tax policy, including military retirement income exclusions and wildfire settlement payment exclusions. Committee members largely praised the staff and the budget process, but several raised concerns and asked detailed questions, especially about the housing trailer bill’s new wage standards, tribal consultation provisions, and possible effects on prevailing wage protections. Finance explained that the housing language was intended to set wage floors for market-rate projects receiving CEQA streamlining, with different county-based tiers and a notwithstanding clause preserving existing prevailing wage laws. Members also questioned the size and timing of funding for the Children and Youth Behavioral Health Initiative, Clean Cars for All, Proposition 36, and the film tax credit expansion. Other members highlighted support for public safety, veterans’ tax relief, child care providers, housing production, and higher education, while some expressed concern that the budget’s policy changes were being negotiated too quickly or without enough stakeholder input.

Transcript Highlights:

• Amendment No. 98, proposed by the Senate Committee on Finance. Senator Dondero Loop.
• Finance behind the bar, please. Finance behind the bar, please. Finance behind the bar.
• Amendment No. 981 proposed by the Senate Committee on Finance.
• Amendment No. 982 proposed by the Senate Committee on Finance.
• to assist school districts with financing capital improvements.

Keywords: 909, all

Transcript Highlights:

• They would have to use big financing because it all has to go through and be approved by the finance
• They would have to use big financing because it all has to go through and be approved by the finance
• they were put under the finance they were put under the finance department<00:13:34.480> for<
• This simply would finance department.
• under the Department of Finance. under the Department of Finance.

Bills: SB170, SB177, SB207, SB208, SB215, HB27, SB219, SB247, SB232, SB81

Keywords: 923, senate, all

Transcript Highlights:

• The motion on this bill is to send this to finance. Any questions?
• The motion on this bill is to send this to finance. Any questions? Second.
• We will move that bill to finance, report to finance.
• And again, the motion on that one was to refer to finance.
• And again, the motion on that one is to report to finance.

Keywords: 993, senate, all

Summary: The Senate Disabilities Committee met on May 11, 2026, with Chair Senator Pat Fahey noting a quorum and that Ranking Member Senator Weber had submitted his voting sheet. The committee took up a seven-bill agenda focused largely on developmental disabilities, mental hygiene law, and services for vulnerable persons. Several bills were advanced to finance, including S4841A to establish a Blue Ribbon Commission on the future of New York’s service delivery system for individuals with intellectual and developmental disabilities, S4871B regarding the independent developmental disability arms and person program, S8429 authorizing certain providers to employ or contract with applied behavioral analysts and mental health counselors, and S124 adding spina bifida to the definition of developmental disability. The committee also reported S7484A to the calendar to establish a statewide residential families committee, S7794 to the calendar to establish a statewide group home families working group, and S170 to the calendar to allow certain reportable-incidents reports to be made available to the State Comptroller’s staff for performance audits. Members noted that several of the bills had been considered in prior sessions, and S170 was described as having come from the Governor’s office. After the votes, senators briefly discussed feedback from a recent hearing, including the need to follow up on legislative requests from panelists and concerns that employment remains a major unresolved issue for people with disabilities. The meeting then adjourned, with the chair suggesting there may be one more committee meeting later in the year.

Transcript Highlights:

• , Maple Finance.
• and Maple Finance.
• and Maple Finance.
• and Maple Finance.
• finance and trady, traditional finance. finance and trady, traditional finance.

Keywords: 1189, house, all

Summary: The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken. The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading. Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.

Transcript Highlights:

• I've been the board finance finance finance committee<00:09:46.240> chairman.
• and administrative reporting finance and administrative reporting chain. chain. chain.
• <00:20:26.680> and administratively attached to finance and administratively attached to finance
• > Administration >> I believe Finance and Administration >> I believe Finance and
• Um, and then who's responsible for approving the finance secretary's...

Keywords: Meeting Start 00:00:00 Report of KCNA Board Meeting 00:00:09 KCNA Transition to COT 00:35:55 KCNA Request for Proposals 00:42:00 Kentucky Wired Operations Company 00:42:30, 958, all

Summary: The Information Technology Oversight Committee met, approved the January 12, 2026 minutes, and then heard testimony from KCNA Chair David Couch, KCNA Director Jim Barnhart, and KCNA General Counsel Adam Adkins about the ongoing dispute involving KCNA, Excelacom, and the implementation of House Bill 314. Couch said the board and vendor had recently shown some willingness to work toward a settlement, and he emphasized the importance of KCNA’s broadband service to K-12 schools, noting that litigation had already cost about $1.4 million and could cost another $1.4 million if it continued. He also said the board had identified five immediate goals, including reconnecting 38 K-12 sites, de-escalating disputes, better understanding KCNA finances, protecting the state’s bonding rating, and examining whether duplicate networking hardware could be consolidated. A major portion of the discussion focused on whether House Bill 314 changed KCNA’s authority and how much control the Finance and Administration Cabinet and KCNA’s legal counsel have over operations and contracts. Senator Williams argued that the board now has authority to set policy, implement policy, and approve budgets, and questioned why the cabinet appeared to be exercising operational control. Adkins responded that HB 314 changed the reporting chain from the general government cabinet to the finance cabinet but did not alter the board’s authority, and said budget work on the Ice Miller contract predated HB 314. Couch and other members disputed that interpretation, saying the board had not been properly informed about a recent extension or increase in legal spending and that the board’s directives were not being followed. Representative Hodgson asked why the board could not terminate a contractor if it was not carrying out the board’s wishes, and Adkins replied that Ice Miller was not a party to the board’s contract and that the Finance and Administration Cabinet signs such agreements. The exchange ended with committee members and KCNA representatives agreeing to disagree on the meaning of the statute and the extent of board authority. No formal action was taken beyond approving the minutes and receiving testimony.

Transcript Highlights:

• developer to use this tool to finance developer to use this tool to finance his<00:03:14.640>
• > infrastructure,<00:03:27.599> to can we finance public infrastructure, to can we finance
• The investors are also going to finance this cost themselves, and the rate of financing that they will
• We're not in the business of financing derelict properties.
• <00:29:46.960> derelic not in the business of financing derelic not in the business of financing

Keywords: 1136, house, all