Video & Transcript Research : 'appraised value'

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MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Consumer Protection and Professional Licensure Jun 21st, 2026 at 10:00 am

Joint Committee on Consumer Protection and Professional Licensure

Transcript Highlights:
  • representing a consumer and the vehicle against an appraiser representing the insurance industry.
  • If they can't come to an agreement, or the insurance appraiser or the body shop appraiser do something
  • This causes a huge issue when it comes to accountability on the part of insurance appraisers.
  • And I make the distinction between collision repair appraisers and collision insurance appraisers, even
  • though we both have... ...collision repair appraisers and collision insurance appraisers, even though
Keywords: 995, all
Summary: The Joint Committee on Consumer Protection and Professional Licensure heard testimony on a wide range of bills involving consumer protection, auto regulation, alcohol licenses, and professional licensure. A major focus was legislation to require a one-hour domestic violence awareness training for salon and cosmetology licensees (H.323/S.200), supported by District Attorney Marion Ryan, law enforcement, and a salon industry witness who described the program’s value in identifying and helping victims. The committee also heard strong support from the Attorney General’s office for auto consumer protection legislation (S.228/H.379) that would expand used-car warranty protections, extend the Lemon Law return period to seven days after receipt of the vehicle, raise the mileage cap to 200,000 miles, and increase dealer surety bonds to $50,000. Independent dealers opposed those changes, arguing they would burden small businesses and that dealer education, not expanded liability, was the better solution. The committee also took testimony on bills related to vehicle financial products and repair information. A trade association supported GAP waiver legislation (H.4188/S.281), saying it would create clear consumer protections and standard disclosures. On right-to-repair and heavy-duty vehicle service information (S.266), engine and truck manufacturers supported an exemption for commercial vehicles, while others argued that releasing service data to the general public could create safety, cybersecurity, and emissions risks. The committee then heard extensive testimony on auto dealer franchise and warranty reimbursement legislation (S.201/H.406), with dealer groups supporting changes to warranty labor reimbursement and manufacturer groups opposing them as costly and unnecessary. Manufacturers from GM, Volvo, Toyota, Hyundai, Mazda, and others said their current time-study and appeals processes already compensate dealers fairly and that the bill would raise costs for consumers. In addition, the committee heard testimony on H.333, which would move auto damage appraiser licensing from the Division of Insurance to the Division of Occupational Licensure. Collision repair advocates supported the change, saying the current board structure leads to repeated dismissals of complaints and lacks accountability, while emphasizing that the bill is intended to protect consumers and ensure proper repair reimbursement. The hearing also included testimony in support of a local alcohol license petition for Westwood and a separate local alcohol measure for a town grant license. At the end of the hearing, the chairs announced that all docketed bills had been heard, noted that a joint poll would be held on H.4184, and the committee voted to adjourn by voice vote.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/25/25

Commerce Finance and Policy

Transcript Highlights:
  • called the Appraisal Foundation, and in the state of Minnesota, state statutes require appraisers to
  • called the Appraisal Foundation, and in the state of Minnesota, state statutes require appraisers to
  • called the Appraisal Foundation, and in the state of Minnesota, state statutes require appraisers to
  • <00:36:19.400> on appraiser is hired to do an appraisal on appraiser is hired to do an appraisal
  • The next step is always the appraisal to make sure that the value of the house appraises at that.
FL

Florida 2026 Regular Session

Finance and Tax Jan 28th, 2026

Finance and Tax

Transcript Highlights:
  • Appraisers Association of Florida.
  • And just a shameless plug, you are my property appraiser, and I got my ugly notice.
  • And just a shameless plug, you are my property appraiser, and I got my ugly notice.
  • He's a friend and a really great property appraiser back home.
  • He's a friend and a really great property appraiser back home.
Bills: S0110, S0434, S0856
Summary: The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers. SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements. The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.
TX

Texas 89th Regular

Senate Session May 12th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Furthermore, to assuage concerns about individuals who protest on both market value and equal appraisal
  • Are tax appraisals based on market value?
  • But are tax appraisals based on market value? Well, tax appraisals are based on market value, yes.
  • You can protest that your appraisal is above market value That your appraisal is above market value,
  • value, correct?
Summary: The Senate opened with an invocation by Pastor Tedrick Woods, followed by routine chamber actions including excusing Senator Gutierrez and receiving House messages that the House had passed HB 21 and HB 49. Senators also recognized advocates visiting the gallery on focal segmental glomerulosclerosis awareness and introduced the Doctor of the Day. The chamber adopted several resolutions, including HCR 66, by voice vote. The Senate then took up and passed a series of measures, often by suspending the regular order and the constitutional three-day rule. Among the bills finally passed were HJR 2, which would prohibit state death taxes; HB 206, limiting counties from requiring cash bonds for pipeline construction; HB 517, barring property owners associations from fining homeowners for discolored vegetation during watering restrictions; HB 2756, requiring TDCJ correctional officers to receive de-escalation and behavioral health training; HB 451, expanding screening for commercial sexual exploitation risk among children in DFPS and TJJD custody; SB 705, cleaning up the air conditioning and refrigeration contractors advisory board; SB 2017, creating an offense for burnouts and wheelies; SB 1858, expanding body armor grant eligibility to ISDs; SB 1400, directing a study on transfer-student outcomes for community college funding; SB 2764, requiring notice to manufactured home buyers about converting homes to real property; SB 748, a licensing cleanup bill on laser hair removal; SB 2519, restricting certain ad valorem tax uses and bonds after amendment; SB 2878, the courts bill with amendments on Brazoria County courts and youth diversion provisions; SB 466, allowing families to request fetal death certificates at any gestational age; SB 1608, requiring timely physical exams for inpatient mental health admissions; SB 1730, limiting civil damages claims arising from certain uses of force or deadly force; SB 2417, clarifying Attorney General antitrust investigation work product and discovery rules; and SB 1946, creating a family violence, criminal homicide prevention task force. The Senate also passed HB 3204, renaming and updating the Polytechnic College at Sam Houston State University, and SB 1986, requiring opioid warning labels. Several bills drew brief debate or amendments. Senators discussed broader HOA reform while considering HB 517, and SB 2203 on TCEQ discovery procedures was amended to require party motions, set a 15-day expiration for certified issues, and limit hearing abatement. SB 2017 was amended to change the mens rea language from knowingly to intentional. SB 2519 was narrowed by amendment to a forward-looking policy statement separating maintenance-and-operation taxes from debt-service taxes. SB 2878 also received amendments to reduce the number of new Brazoria County courts and add youth diversion and crisis-response provisions. SB 466 prompted a floor debate over whether fetal death certificates are appropriate for pre-20-week losses, with supporters emphasizing family closure and opponents arguing the document has no estate-related purpose. SB 1730 also prompted questions about the relationship between criminal findings and civil liability in self-defense cases. The session concluded with additional House and Senate measures being signed in the presence of the Senate and continued consideration of SB 2177, a grant program to help local law enforcement solve violent and sexual offenses.
TX
Transcript Highlights:
  • When they turn 65, their values are frozen.
  • about appraisals anymore.
  • Again, this means about 3.3 million homeowners out of 6 million homeowners, values are frozen, appraisals
  • The appraisal cap eventually only raises taxes.
  • values are frozen for the rest of their life.
NH
Transcript Highlights:
  • Market value for a property can vary dramatically from an appraised value, and sometimes they're not
  • The goal is to have an appraised value that approximates market value, but it doesn't always work that
  • Yeah, I think it's better to just stick with the phrase fair market value and not bring in appraised
  • > get in appraised value because you can get in appraised value because you can get off<00:06:
  • <00:06:49.039> uh<00:06:49.720> the The average market value, uh, the appraised value
Keywords: 928, house, all
Summary: The subcommittee discussed HB 694, focusing on how to set fair market rates for lease renewals involving state agencies and political subdivisions. Members and the New Hampshire Association of Counties worked through draft language defining fair market value, including how appraisals, depreciation, and building deficiencies should be considered. Testimony emphasized that market value and appraised value can differ significantly, and that the bill should allow flexibility rather than require a rigid formula. The group also debated what expenses should be included in lease terms. After discussion of examples such as utilities, custodial services, insurance, maintenance, and newer needs like communications or internet service, members agreed not to create an overly specific list. They settled on language stating that additional expenses, including but not limited to utilities and custodial services, would be negotiated separately. The final amendment was revised to apply to lease renewals for land, buildings, or space between a political subdivision and the State of New Hampshire, with renewals at fair market rate unless otherwise agreed by the lessor. The subcommittee agreed to have the amendment drafted at OLS and then closed the public subcommittee meeting on HB 694.
MN

Minnesota 2025-2026 Regular Session

Committee on Commerce and Consumer Protection - 03/26/26

Commerce and Consumer Protection

Transcript Highlights:
  • value.
  • So, if there's a complaint that's entered against the appraiser that has done the lower value by the
  • value.
  • So, if there's a complaint that's entered against the appraiser that has done the lower value by the
  • appraisal value. appraisal value.
Keywords: 1187, senate, all
TX
Transcript Highlights:
  • Properties that are being appraised, their values are fine.
  • We have no ability to help with any type of value appraisal. or pull the money, or yeah, pull it back
  • Determined by the August budget, all county appraisal district values are required to be within 5% of
  • The Colorado County CAD's appraisals for single-family homes were at 76% of the values set by the Comptroller
  • , and non-agricultural land was appraised at 69% of the values set by the Comptroller.
Bills: SB1, SB 1
FL

Florida 2025 Regular Session

Finance and Tax Apr 15th, 2025

Transcript Highlights:
  • LAUREN LEVY WITH THE PROPERTY APPRAISERS ASSOCIATION OF FLORIDA, WAIVING IN SUPPORT.
  • BOB HENRIQUEZ WITH THE HILLSBOROUGH COUNTY PROPERTY APPRAISER WAIVING IN SUPPORT.
  • AND DANA BLAKELY WITH THE BREVARD COUNTY PROPERTY APPRAISER SPEAKING.
  • I HAVE THE PLEASURE OF SERVING AS THE BREVARD COUNTY PROPERTY APPRAISER.
  • 30 DAYS AFTER RECERTIFICATION BY THE PROPERTY APPRAISER IF THE RULE WAS EXTENDED.
Keywords: 999, senate, all
TX

Texas 89th Regular

89th Legislative Session Mar 24th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • value of a residence homestead for ad valorem tax purposes for the first ...
  • HJR 153 by Jay Dean addresses the reduction of the appraised value of a residence homestead for ad valorem
  • tax purposes based on the amount by which the limitation on increases in the appraised value of the
  • residence homestead reduced the appraised value of the owner's former residence homestead for the last
  • This bill was referred to the Subcommittee on Property Tax Appraisals.
Keywords: 1184, house, all
NH
Transcript Highlights:
  • The access point will be conveyed to Wakefield Investments for an appraised value of $132,000 and $800
  • Representative Faulkner. >> I know we have an appraisal that indicates that's the incremental value is
  • The tracks of land have an appraised fair market value of $19,000.
  • <00:07:50.120> value<00:07:50.360> of<00:07:50.440> the greater than the appraised
  • value of the greater than the appraised value of the department<00:07:50.840> request<00:07:51.200
Keywords: 1189, house, all
Summary: The Long Range Capital Planning and Utilization Committee first approved the March 16, 2026 minutes, then took up several Department of Transportation property actions. The committee approved a Greenland access point sale for a cell tower site to Wakefield Investments for $132,800 plus a $1,100 administrative fee, and approved disposal of two Epsom parcels to the town at no cost, with the town assuming demolition of the former depot and the committee waiving the fee. It also approved a Milton access point sale to Jeremy West Champney and Cameron McDermott for $90,000 plus the fee, with conditions requiring permits and other approvals. During the DOT items, members asked about appraisals, access restrictions, and where the administrative fee goes; staff said the fee generally offsets agency administrative costs and may go to a dedicated fund or the general fund depending on the project. The committee then considered three Department of Environmental Services requests for utility easements to bring power to dams so gates can be operated more efficiently and potentially remotely. It approved an easement with New Hampshire Electric Co-op for Pine River Dam in Wakefield, an easement with New Hampshire Electric Co-op for Sunset Lake Dam in Alton, and an easement with Eversource for Suncook Lake Dam in Barnstead. Members discussed whether to waive the $1,100 administrative fee on these items, with some questioning the fee’s purpose and where it is deposited. The committee ultimately approved the DES items as requested, including the fee waivers, while asking staff to research the fee’s history, sufficiency, and use for a future report. Finally, the committee received informational items from the New Hampshire Council on Resources and Development. Members briefly discussed a property at Bloody Point in Newington and the related Sullivan Bridge demolition, and DOT staff said the property had been tabled previously and is now being worked on with Fish and Game for a possible transfer of management and future water access use. No votes were taken on the informational items.
TX

Texas 89th 2nd C.S.

89th Legislative Session Mar 10th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • HB 1244, by G.A., relating to the eligibility of land to continue to be appraised for ad valorem tax
  • AB 1244 by GAA relating to the eligibility of the land to continue to be appraised for advalorum tax
  • filed by the new owner of the land referred to the Subcommittee on Property Tax Appraisals.
  • value of the person's property that is attributable to the installation in or on the property of certain
  • HB 1284, by Garin, relating to the duty of an appraisal review board to determine a motion or protest
Summary: The House met to read a large slate of newly filed bills and resolutions and refer them to committees. The measures covered a wide range of topics, including health care and insurance, public education, elections, criminal justice, public safety, taxes, transportation, agriculture, environmental regulation, higher education, housing, and local government. Several proposals focused on abortion and reproductive health, firearms, voter registration and ballot access, school curriculum and accountability, property tax and homestead issues, and state contracting and agency oversight. A number of constitutional amendments were also filed, including proposals on initiative and referendum, veto override authority, vaccination refusal, parental rights in education, gun rights, Medicaid expansion, and various tax exemptions. No substantive debate, testimony, or votes occurred during this portion of the meeting; the clerk simply read the bills and resolutions and announced their committee referrals. The list included both general legislation and joint resolutions, with many items sent to standing committees and several to subcommittees. The House then adjourned without objection until 2 p.m. on Tuesday.
FL

Florida 2026 Regular Session

Appropriations Committee on Criminal and Civil Justice Mar 5th, 2025

Appropriations Committee on Criminal and Civil Justice

Transcript Highlights:
  • Like, how could you sell a house for less than the tax-assessed value?
  • An appraisal is an opinion. Certified appraisal, yes.
  • Right, the certified appraisal is an opinion that banks use for loans.
  • So it should not be held as gospel, what that is the value.
  • If you want to take it to the next level, it's a certified appraiser.
Summary: The Appropriations Committee on Criminal and Civil Justice met with a quorum and first approved SPB 7014, which terminates the state court system’s mediation and arbitration trust fund; staff noted the fund has no current balance and that filing fees were already redirected in 2011. The bill was reported favorably as a committee bill without objection. The committee then took up CS/SB 48 on alternative judicial procedures for foreclosure sales. Senator Garcia described it as a response to reported abuses in Miami-Dade County, adding longer sale timeframes, stronger notice requirements, rules for alternative sale methods, online auction authorization, and consumer protections for surplus funds. After adopting a technical amendment, members raised concerns about whether the bill was codifying a process they believed should remain with clerks of court and about the new online auction provisions; Senator Garcia ultimately moved to temporarily postpone the bill. Members also approved CS/SB 322, creating a nonjudicial process for sheriffs to remove unauthorized persons from commercial property, and CS/SB 138, which revises DUI-related language from “intoxicating” to “impairing” and allows judicial circuits to create DUI diversion programs. CS/SB 138 drew opposition from some members and testimony from cannabis advocates and defense lawyers who argued the catch-all language was too broad and could sweep in lawful medications or create testing and expungement issues, but it still passed. The committee further reported favorably SB 130 on wrongful incarceration compensation, extending filing deadlines and removing restrictive bars to compensation, and SB 234, which strengthens penalties for violent resistance against law enforcement officers and clarifies that such resistance can lead to life imprisonment if it results in an officer’s death. Both bills received supportive testimony, though SB 234 also drew concerns from defense lawyers about removing language tied to lawful duty and good faith; the sponsor said the bill preserves defenses while focusing on violent resistance. The meeting then adjourned.
FL
Transcript Highlights:
  • HOW CAN YOU SELL A HOUSE FOR LESS THAN TECH TAX ASSESSED VALUE?
  • AN APPRAISAL IS AN OPINION. >> A CERTIFIED APPRAISAL, YES. >> Sen.
  • Ingoglia: CERTIFIED APPRAISAL IS AN OPINION. >> THAT BANKS USE FOR LOANS. >> Sen.
  • Ingoglia: BUT APPRAISALS GET CHALLENGED ALL THE TIME SO IT SHOULD NOT BE HELD AS GOSPEL WHAT IS THE VALUE
  • AS LONG AS THE HOUSE GETS SOLD WITHIN 25% OF THAT APPRAISER I'M GOOD. >> Sen.
Keywords: 999, senate, all
TX

Texas 89th 2nd C.S.

Local GovernmentAudio only. Aug 26th, 2025

Local Government

Transcript Highlights:
  • Obviously they learn about property value changes when their appraisal notices Senator Betancourt: Arrive
  • Your solution is... well, we were talking about the appraisal board has a list of them all.
  • Appraisal, yeah, they send out the appraisal, right?
  • I mean it could, if it could be included with the appraisal as well.
  • Yeah, if they hit that you don't have the... appraisal district.
Bills: HB17, HB23
TX

Texas 89th 2nd C.S.

89th Legislative Session Mar 27th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • HB 39305 Fdell relating to eligibility of land of appraisal for that for tax purposes is a qualified
  • HB 3935 by HOpper relating to an exemption from an advalarium taxation of a portion of the appraised
  • for the subcommittee on Property tax appraisals.
  • or for the subcommittee on property tax appraisals.
  • value of the real property for adviorum tax purposes or for the subcommittee on property tax appraisals
TX

Texas 89th 2nd C.S.

Insurance Apr 23rd, 2025

Insurance

Transcript Highlights:
  • clearly the value of appraisals to consumers, that it tends to increase the awards made to consumers.
  • So since you do appraisals, how long does it average, does it take your appraisal to come to conclusion
  • once we send it to appraisal?
  • Obviously, the client, you don't send it to appraisal, the insured or the insurer sends it to appraisal
  • Filed right of appraisal date to appraiser appointed is 48 days.
TX

Texas 89th Regular

Senate Session May 12th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Furthermore, to assuage concerns about individuals who protest on both market value and equal appraisal
  • Are tax appraisals based on market value?
  • Market value? Well, tax appraisals are based on market value, yes.
  • You can protest that your appraisal is above market value or that it is out of line with other comparable
  • It says the inability of the appraisal review board or the court to consider market value evidence could
Bills: SB111, SB128, SB203, SB205, SB261, SB317, SB393, SB397, SB466, SB510, SB582, SB705, SB731, SB748, SB801, SB867, SB876, SB913, SB1071, SB1086, SB1087, SB1250, SB1285, SB1310, SB1400, SB1444, SB1483, SB1553, SB1556, SB1581, SB1608, SB1698, SB1723, SB1730, SB1835, SB1858, SB1903, SB1946, SB1950, SB1986, SB2017, SB2043, SB2056, SB2058, SB2063, SB2082, SB2105, SB2133, SB2137, SB2177, SB2203, SB2260, SB2311, SB2334, SB2344, SB2403, SB2417, SB2446, SB2519, SB2522, SB2532, SB2600, SB2611, SB2619, SB2637, SB2688, SB2717, SB2764, SB2785, SB2790, SB2794, SB2841, SB2847, SB2857, SB2878, SB2891, SB2943, SB2955, SB2972, SB2995, SB3037, SB3057, SB3059, HJR2, HB26, HB206, HB334, HB451, HB517, HB554, HB1109, HB2081, HB2756, HB3204, HB3809, SJR3, SB5, SB72, SB509, SB616, SB963, SB985, SB1025, SB1080, SB1143, SB1172, SB1245, SB1267, SB1271, SB1273, SB1355, SB1422, SB1759, SB1786, SB2361, SB17, SB314, SB455, SB761, SB1023, SB1968, SB2122, SB2371, SB2420, SB2544, SB1, SB260, SB1506, SB1637, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1359, SB1234, SB2926, SB2972, SB2841, SB1528, SB2891, SB1854, SB317, SB2532, SB1250, SB2082, SB2203, SB1285, SB1237, SB2819, SB629, SB2608, SB1602, SB1723, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB867, SB1608, SB640, SB1698, SB705, SB748, SB2680, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2637, SB2334, SB1861, SB2043, SB1367, SB2857, SB128, SB3058, SB2044, SB2363, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, SB2446, SB466, SB2611, SB2794, SB2105, SB2017, SB1790, SB1778, SB1730, SB2995, SB2847, SB205, SB2619, SB1903, SB203, SB3061, SB1581, SB2600, SB2799, SB2790, SB2688, SB2515, SB1230, SB876, SB2522, SB2639, SB2137, SB2519, SB2403, SB2459, SB3051, SB2655, SB2251, SB2764, SB2878, SB1884, SB111, SB582, SB2617, SB1835, SB2751, SB2063, SB1400, SB2058, SB2260, SB2928, SB1310, SB2566, SB2344, SB1897, SB1749, SB1361, SB2549, SB2553, HJR2, HJR1, HB1109, HB517, HB1130, HB1689, HB2884, HB1393, HB2559, HB26, HB2756, HB3204, HB3012, HB1327, HB451, HB109, HB206, HB1238, HB2890, HB9, HB2081, HB4215, HB2970, HB37, HB1899, HB3809, HB334, HB554, HB1593, HB2607, HB3526, HB3810, HB5092, HB388, HB2809, HB1151, HB913, SB2919, SB1782, SB1705, SB2696, SB1944, SB2215, SB644, HB3307, HB879, HB116, HB12, HB2703, HB1610, HB1615, HB1620, HB30, HB21, HCR7, HCR75, HCR86, HCR92, HCR93, HCR126
HI
Transcript Highlights:
  • <00:25:22.159> This your u replacement cost value. This your u replacement cost value.
  • I mean, the loan officers almost always will recommend an increase, to cover the appraised value, different
  • I mean, the loan officers almost always will recommend an increase, to cover the appraised value, different
  • <00:43:39.839> value,<00:43:40.560> different >> to cover the appraised value
  • , different >> to cover the appraised value, different changes, changes, changes, >> right
Keywords: 912, senate, all
Summary: The committee first took up a short-form administrative licensing measure requested by the administration to correct and clarify renewal provisions in a prior bill. Members raised no questions, and the committee voted to adopt the proposed Senate draft and recommit the bill back to the Commerce and Consumer Protection Committee for a further public hearing. The committee then heard SB 2876 on natural hair braiding, which would exempt natural hair braiders from licensing under certain conditions. The Board of Barbering and Cosmetology said it views hair braiding as within the broader scope of cosmetology, but agreed that people who only braid hair should not need a license because the training and exam requirements are minimal. The board warned, however, that exempting braiders could create consumer protection gaps involving sanitation, training, and enforcement, and noted that related services such as waxing, cutting, coloring, shampooing, and relaxing would still require licensure. Supporters included the Grassroot Institute of Hawaii and the Institute for Justice. The committee also heard SB 2950 on captive insurance and SB 2951 on insurance proceeds. On SB 2950, the Insurance Division opposed the bill, saying captive insurance is designed for formal self-insurance for companies and that allowing captives to insure the public would not fit the existing regulatory framework; a fire survivor advocate supported the measure as a way to expand disaster-related insurance options. On SB 2951, which would require mortgage servicers to follow certain rules for disbursing insurance proceeds after residential damage or destruction, United Policy Holders strongly supported the bill, citing delays in releasing funds and the need to help survivors rebuild, while banking and financial industry groups submitted opposition or comments. Finally, the committee heard SB 2952, SB 2960, and SB 2964, all related to property insurance and disaster recovery. SB 2952 and SB 2960 would extend the time policyholders have after a declared disaster to submit documentation and recover replacement cost value, with supporters arguing that rebuilding after major disasters takes far longer than standard policy deadlines allow and that the bills would improve consumer protection and transparency; the Insurance Division, the Insurance Council, and national insurance groups opposed the measures. SB 2964 would require annual disclosures of replacement cost value and coverage sufficiency; the Insurance Council opposed it as costly and unnecessary because policies already include inflation-related adjustments, while United Policy Holders and fire survivors supported it, saying many homeowners are underinsured and do not understand their coverage.