Video & Transcript Research : 'default surrogate'
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NH
New Hampshire 2025 Regular Session
Senate Election Law and Municipal Affairs (05/13/2025)
Election Law and Municipal Affairs
Transcript Highlights:
- in doing some research on on default in doing some research on on default budgets<00:40:27.119><
- that the that the that the default that the that the that the default budget<00:40:54.000>
had - <00:53:37.839>
when <00:53:38.079>the of a default default budget. when the of a default - Freriedman. percentage amount that your default percentage amount that your default budget<00:54:49.839
- And it just on the default budget.
NH
Transcript Highlights:
- says in the case of the tenant default says in the case of the tenant default then then then the
- Any tenant default, that's where we referred to the default that was mentioned on the previous page,
- . default. default.
- where we say if there was a default. where we say if there was a default.
- Yes. day following the default. After that day following the default.
Summary:
The subcommittee took up a proposed amendment to HP 598, with Nick Norman walking members through changes intended to preserve the existing eviction framework rather than create a separate expedited process. He said the amendment folds the bill’s changes into current law, adds limits on post-judgment motions and continuances, shortens or eliminates certain discretionary stays in default situations, and speeds issuance of notices and writs of possession. The amendment also adds language to RSA 540A to allow action against tenants, family members, guests, or occupants engaging in conduct that damages property or threatens health and safety, and it changes the effective date to 90 days after passage. Norman also said the amendment was meant to reduce frivolous delays and court fiscal impacts.
Members raised concerns about several provisions, especially the clause barring discretionary stays after tenant default, the use of the word “immediately” for issuing writs, and the reduction of discretionary stays from 90 days to 60 days. One member asked for clarification on whether any meritorious circumstances should still allow a stay, and another suggested defining a specific timeline for judgments after hearings. Norman responded that the default provision was aimed at cases where tenants do not appear at all, and he said the intent was to prevent abuse of the process. He also discussed the new RSA 540A language as a way to address serious health and safety problems, including unauthorized occupants and hoarding.
Other testimony was generally supportive of the amendment as an improvement over the original bill, but several witnesses urged changes. New Hampshire Legal Assistance said it would likely be neutral if recommended edits were made, and suggested clarifying language, preserving the ability to strike defaults, and allowing longer stays by agreement of the parties. That witness and others argued that a 60-day cap could interfere with negotiated move-out agreements and could be too short in some cases, especially for elderly or disabled tenants. There was also discussion of narrowing the new 540A remedy to the specific person causing the problem, while preserving protections for innocent household members, particularly in domestic violence situations. No vote or final action was taken in the excerpt; the chair indicated the committee would consider revised language before executive session.
NH
New Hampshire 2025 Regular Session
House Science, Technology and Energy (02/18/2025)
Science, Technology and Energy
Transcript Highlights:
- service provider or default service customers, or customers who aren't part of those supplier programs
- service provider or default service customers, or customers who aren't part of those supplier programs
- if default service provider or default if default service provider or default service<01:31:47.600
- I was, and then I got solar panels and I wanted to net meter, so I had to go back to default service.
- I was, and then I got solar panels and I wanted to net meter, so I had to go back to default service.
NH
New Hampshire 2026 Regular Session
House Science, Technology and Energy (02/10/2026)
Science, Technology and Energy
Transcript Highlights:
- default service. So we turn around. default service. So we turn around.
- it comes to default service. it comes to default service.
- , is default service costs stay<03:29:30.239>
within <03:29:30.640>default <03:29:31.040 - Um the in utility default service.
- of the default service rate.
US
US Federal 2025-2026 Regular Session
Hearings to examine managing risk for the long-term in the 7(a) loan program, focusing on hearing from lenders. Feb 26th, 2025 at 01:30 pm
Small Business and Entrepreneurship Committee
Transcript Highlights:
- This has contributed to rise in default rates.
- SBA in 2023 had a default rate of 8.1% in 2024, which is more than double the default rate of 7A loans
- The default rate has almost tripled.
- Delinquency and default rates.
- Our default rate hasn't changed.
Keywords:
SBA, 7A loan program, underwriting standards, loan defaults, Community Advantage Program, small business funding, testimony
Summary:
The committee meeting focused on discussions regarding the SBA's 7A loan program and its implementation challenges. Members raised significant concerns about recent changes to the underwriting standards, which have been criticized for leading to an increase in loan defaults. Ranking members expressed a desire for a return to stronger guidelines to protect taxpayers and ensure the program remains a viable source for small businesses struggling to secure funding. Testimonies from community lenders highlighted their efforts to support underserved communities and stressed the importance of the Community Advantage Program.
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Feb 12th, 2026 at 09:30 am
Oklahoma Senate Floor Meeting
Bills:
SB2026, SB1376, SB1355, SB2115, SB1533, SB1732, SB1217, SB1443, SB1455, SB1457, SB1459, SB1465, SB1944, SB1946, SB1218, SB1942, SB1352, SB2132, SB1920, SB1285, SB1304, SB1305, SB1326, SB1590, SB1767
Keywords:
military discharge, veterans, DD Form 214, confidentiality, grandchildren access, Oklahoma National Guard, education assistance, military benefits, dependents, CareerTech Assistance Act, burial grant, memorial headstone, eligibility requirements, funding, Oklahoma Department of Veterans Affairs, fiscal management, state law, veteran burial, burial assistance, indigent veterans
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (02/27/2025)
Municipal and County Government
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Economic Development, Tourism, and Labor (2-12-26)
Economic Development, Tourism, & Labor
Transcript Highlights:
- Um, in section two, it created the stop clock and it had a default approval mechanism.
- The second comment on the default issuance is that default issuance in some cases could actually inadvertently
- <00:18:52.400>
The it had a default approval mechanism. - The it had a default approval mechanism.
- <00:20:12.799>
issuance second comment on the default issuance second comment on the default
Keywords:
Meeting start: 00:00
Roll call: 00:24
SB 52 discussion: 01:28
SB 52 voting: 25:08, 958, all
Summary:
The Senate Standing Committee on Economic Development, Tourism, and Labor met with a quorum and adopted a committee substitute for Senate Bill 52. The sponsors, Senators Rawlings and Elkins, explained that the substitute narrowed the bill to state public agencies, exempted cities and counties, extended the basic decision deadline from 30 to 60 days, added an additional extension for safety, health, and public welfare concerns, removed an earlier jury-trial provision, and exempted Kentucky State Police exams. They said the bill is intended to require clear permit criteria, timely agency decisions, and meaningful appeal rights for permits tied to constitutionally protected activity, without eliminating existing licensing or permitting requirements.
Senators supporting the bill described long agency delays and uncertainty in permitting as costly for contractors, schools, landfill projects, and energy development. Senator Elkins gave a detailed example of a landfill permit process that took years, and other members said agencies should be held to timelines or at least provide reasons for delay. Senator Boswell and Senator Clemens raised concerns that the safety/health/welfare extension could remain subjective and that hard deadlines might pressure agencies and risk public safety. Senator Thomas also said he supported the goal but was voting no because he wanted a safer middle ground.
Audrey Ernsburger of the Kentucky Resources Council testified in a neutral-to-cautious position, saying the group agreed that complete applications should be reviewed in a timely and predictable way, but objected to the default-approval mechanism and some burden-shifting provisions in the original language. She warned that deadlines could begin before an application is complete, that deficiencies might not toll the clock, that automatic approval could create public-health risks in some licensing contexts, and that KRS Chapter 13B already governs administrative hearings and judicial review. She said KRC would prefer a statutory process without a hard deadline. After discussion, the committee voted 9-2 to report Senate Bill 52 favorably, as amended.
OK
Transcript Highlights:
- Why wouldn't the default be to not associate with a party? Thank you for that question.
- We don't want to default and pick their address. We don't want to default and pick their party.
- We don't want to default and pick their address.
- And if you write in a political party that's not recognized in Oklahoma, you also default.
- My thing is, it defaults... Well, my thing is it defaults to independent. Did you have a question?
Keywords:
retirement, public employees, deferred option plan, service credit, contributions, distributions, credit card transactions, payment methods, service charge, consumer rights, financial regulation, rounding, cash payments, public finance, Oklahoma Common Cents Act, political subdivision, science and technology, research, board appointments, emergency legislation
CA
California 2025-2026 Regular Session
Senate Privacy, Digital Technologies, and Consumer Protection Committee Jun 15th, 2026
Privacy, Digital Technologies, and Consumer Protection
Transcript Highlights:
- So there aren't specific penalties for violation of the default settings.
- The way the default settings would work is that there's no persistent conversational memory in default
- And then there's a number of other default settings.
- And now this bill actually says you cannot profile a child by default.
- It's a prohibition on profiling by default.
Summary:
The committee heard several bills focused on privacy, AI, consumer protection, and public safety. AB 1979 would require a licensed health care professional to retain final clinical judgment when using AI tools in health care and would limit chatbot access to medical records; supporters, including nurses and TechEquity, said it preserves human decision-making, while hospitals and industry groups opposed it unless amended, citing burdens and training concerns. The bill passed 6-1 and was placed on call. AB 2624 would expand the Safe at Home confidentiality program to immigrant service providers and workers facing harassment and doxing; supporters described threats against advocates and their families, while one senator raised concerns about a private right of action and penalties. The bill passed 4-1 and was placed on call for further committees. AB 2103 would make Engaged California a permanent statewide public engagement program; supporters said it broadens civic participation and transparency, while concerns were raised about partisan balance in topic selection. It passed 6-0 and was placed on call to Appropriations.
The committee also considered AB 2, which would set statutory damages and other financial accountability measures for large social media platforms when negligence causing harm to children is proven in court. The author and supporters, including a parent who lost her daughter and child-safety advocates, argued that stronger remedies are needed because social media design features are harming children and existing enforcement has been insufficient. Opponents, including TechNet, CCIA, CalChamber, and others, argued the bill blurs content and conduct, could increase litigation, and is unnecessary given existing lawsuits and verdicts. Several senators said the bill was a consumer-protection measure and supported it; it passed 5-0 and was placed on call.
AB 883, as amended, would use California’s Delete Act/DROP system to help elected officials and judges remove personal information from data brokers, while also shortening the deletion timeline for all Californians from 45 to 30 days. Supporters said the bill responds to rising threats against public servants and improves privacy tools broadly; some opponents removed or softened opposition after amendments, though CalChamber and CCIA remained opposed unless amended, largely over the private right of action. The bill passed 4-0 and was placed on call. The committee then recessed briefly before taking up AB 2023, a chatbot safety bill for children that would require age verification, safety audits, default protections, parental controls, crisis-response measures, and limits on targeted ads and data sharing. Supporters said it builds on prior AI and child-safety legislation and is needed to prevent harms like self-harm and manipulation; opponents raised concerns about vague harm standards, audit requirements, and liability. The hearing continued with testimony and committee discussion, but no final vote on AB 2023 was shown in the transcript.
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (03/10/2025)
Municipal and County Government
Transcript Highlights:
- <01:36:12.880>
budget vote and set a reduced default budget vote and set a reduced default - reduced default reduced default budget<01:37:05.080>
thank <01:37:05.280>you <01:37 - default budgets.
- budget and the purpose of a default budget and the purpose of a default<02:12:16.559>
budget < - proposed budget a default budget is proposed budget a default budget is supposed<02:12:22.679>
MN
Minnesota 2025-2026 Regular Session
Grant for lender serving underserved entrepreneurs 3/3/26
Minnesota House Floor Meeting
Transcript Highlights:
- What has been your default rate from that point?
- What has been your default rate from that point? >> Mr. Smith. >> Chair.
- And we've had two defaults since deploying our first loan in 2021.
- What has been your default rate from that point? >> Mr. Smith. >> Chair.
- default.
Summary:
House File 2581 was presented as a request for a $1 million state investment in Fortis Capital, a Minnesota nonprofit economic development lender. The bill was described as supporting entrepreneurship and wealth-building by expanding access to capital for businesses that are underserved by traditional lending, especially in rural areas, communities of color, immigrant communities, and low-wealth areas. Testifiers argued that conventional underwriting standards leave viable businesses without financing and that Fortis provides flexible gap financing to help deals close, complementing rather than replacing banks and CDFIs.
Brian Smith, co-founder and CEO of Fortis Capital, said the organization was established in 2019 and has deployed 37 loans totaling over $4 million since 2021, leveraging an additional $29.5 million through partnerships. He said Fortis seeks to increase lending capacity, reduce risk in innovative capital structures, expand statewide partnerships, and accelerate small business growth and job creation. In response to questions, he said Fortis typically charges about 6.12% on average, has had two defaults, and operates as a revolving loan fund. He also explained that Fortis already participates in some Department of Employment and Economic Development programs, but is not eligible for certain grant programs because those grants go directly to borrowers.
Committee members asked how the proposal fits with existing state economic development efforts and whether competitive grant programs exist for this kind of work. A DED representative said he would need more detail to compare the proposal to agency programs, though he mentioned the emerging entrepreneur loan program as a possible fit. Members also discussed broader concerns about direct appropriations versus competitive grants. No public testimony was offered. Chair Frasier closed by saying the bill addresses a real need and laid House File 2581 over for possible inclusion in a budget bill.
NH
New Hampshire 2026 Regular Session
Senate Election Law and Municipal Affairs (04/21/2026)
Election Law and Municipal Affairs
Transcript Highlights:
- <01:47:37.600>
terms <01:47:37.960>is A default budget in simple terms is A default - hire, we wouldn't want the default hire, we wouldn't want the default budget<01:51:48.880>
uh - budget uh this change in the default budget uh this change in the default budget<01:51:51.040>
- <01:52:42.160>
The <01:52:42.240>default stay in the default budget.- The default stay in the default budget.
- <01:52:42.160>
TX
Texas 89th 2nd C.S.
Trade, Workforce & Economic Development May 21st, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- So this will mandate that the default settings for the account of a known minor must be set to limit
- These are just the defaults.
- But that's the default time. Yes, ma'am. Thank you. Yeah. Yeah. OK. I have some questions. OK.
- There's a reason why we only want one hour as the default setting.
- settings again, this is a one-time default settings, just to make that clear, limiting the amount of
TX
Texas 89th Regular
Trade, Workforce & Economic Development May 21st, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- So this will mandate that the default settings for the account of a known minor must be set to limit
- up for these services, they have to make sure that those default settings are in place.
- You know, it's just a part of creating any game when you set up the default settings.
- There's a reason why we only want one hour as the default setting.
- Just again, a simple overview: we're asking for the default setting.
Keywords:
SB 1361, Texas disaster recovery loan, small business loan, micro-business loan, community development financial institution, CDFI, economic disaster assistance, post-disaster financing, business recovery fund, Texas Economic Development Bank, zero-interest loan, working capital, payroll support, health benefits, job retention, declared disaster, small business relief, microenterprise, franchise exclusion, private equity-backed business
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (2-24-25)
Transcript Highlights:
- Um, thereafter this sets a default position.
- Boards may come back and make recommendations on what to do, but this would set the default in place.
- position of as that fund a default position of as that fund becomes<00:04:04.879>
100% <00:04: - <00:04:47.720>
position thereafter this sets a default position thereafter this sets a default - The response was that the bill sets a default position for when the fund hits 100% funding.
Keywords:
Meeting Start: 00:17
Attendance Roll Call: 00:41
Approval of Minutes: 02:40
HB 694: 03:16
SB 183: 18:32
Discussion on PPOB Membership: 36:10
Adjournment: 42:35, 958, all
Summary:
The committee first approved the minutes from its January 27 meeting and then took up House Bill 694, which would create a default rule for the Teachers’ Retirement System health insurance trust fund once it reaches 100% funding, currently anticipated around 2027. The bill would redirect two funding streams now going to the health trust—state payments on behalf of local districts and other employer contributions—into TRS pension benefits if the health fund reaches and maintains full funding. The sponsor said this would add about $154 million annually to TRS pensions and would only serve as a default if no other plan is adopted later.
Members asked whether the bill would shift the unfunded liability to teachers or affect employee contributions. The sponsor and staff said it would not shift liability to teachers and would not change the employee contribution; only the employer-side payments would be redirected. Several members asked about the meaning of actuarial 100% funding, whether the fund could fall back below 100%, and whether employee contributions might be reduced in the future. The sponsor said the bill is based on actuarial projections, would revert the money back to the health trust if funding fell below 100%, and does not prevent future legislative or board action. Senator Higdon and others spoke in support of discussing the issue, noting the 2010 shared-responsibility changes and the need for a default approach as full funding is reached.
The committee then heard Senate Bill 183, which would amend Kentucky law governing proxy advisers used by retirement systems. The sponsor said the bill would require proxy advisers, when handling shareholder-sponsored proposals, to act solely in the interest of retirement system members and beneficiaries and to provide an economic analysis when voting against a company board’s recommendation. He argued the measure is aimed at proxy advisers such as ISS and Glass Lewis, which he said often advance ESG-related proposals not tied to shareholder value. A guest from APCIA said the bill is meant to distinguish proxy advisers from investment managers and to strengthen the 2023 law by requiring a clearer economic justification for votes that depart from board recommendations.
Members asked how proxy advisers differ from other financial advisers, whether Kentucky uses them, and whether the bill would prevent pension funds from investing in companies with ESG factors if those investments are profitable. The sponsor and guest said the bill would not bar such investments; it is intended to regulate proxy voting recommendations, not investment decisions. They described the bill as a proactive measure to reinforce fiduciary responsibility and limit outside proxy influence on pension voting. No final vote on either bill was taken in the portion of the meeting provided.
HI
Transcript Highlights:
- And it's like the default for presentation, and it's a default to go to that position. I'm sorry.
- , uh, correction or mitigation of default, uh, correction or mitigation plan, uh, any default situation
- <00:55:03.760>
or a formal letter of notice of default or a formal letter of notice of default - So, like Russell, you were talking about if they're in default, but that's mainly in default to the current
- So, like Russell, you were talking about if they're in default, but that's mainly in default to the current
Summary:
The House Committee on Water and Land met on March 25, 2025, and first announced it had deleted HCR 3 and HCR 4567 from the agenda pending similar Senate measures. It then heard HR 35/HCR 40, which urges DLNR and other state agencies to work with community groups to co-steward community forests on public lands. DLNR’s urban and community forester testified in strong support, and several organizations and individuals submitted support; there were no questions or opposition noted.
The committee next heard HCR 64, asking OPSD to convene a working group on establishing and placing an Office of Resilience and Recovery. OPSD and the Governor’s Office of Recovery and Resilience supported the resolution and suggested friendly amendments, including replacing county civil defense representatives with mayors or their designees and allowing subject-matter experts to serve. Members questioned the office’s role, funding, and relationship to other resilience and emergency management offices, and the witness explained it was created after the Maui wildfires to coordinate long-term recovery, with special-project funding and a focus distinct from response and mental health functions.
The committee also heard HR 59/HCR 65 on coordinating concurrent reviews of general plan, district boundary, and zoning amendments during land reclassification. OPSD testified with comments and warned that the proposal could facilitate spot zoning if individual landowners could use the concurrent process, recommending it be limited to county-initiated actions. A related discussion followed on HR 118/HCR 122, which would create a collaborative working group on surveying and protecting iwi kūpuna and related coastal erosion issues; DNR, OHA, and others supported it with suggested additions, and testimony emphasized cultural sensitivity and community-specific decision-making. Members asked about burial practices and a recent court ruling, and witnesses said the working group could help guide broader policy and communication.
Finally, the committee heard HR 145/HCR 151, requesting DLNR to report on its lease enforcement process and procedures. DLNR said it was recruiting staff to conduct lease inspections but had difficulty filling positions due to compensation, and explained that new or extended leases can include inspection requirements, while retroactive cost-shifting would raise contractual issues. Members asked for information on lease renewal timelines and whether inspection provisions were being added to renewals; DLNR said those decisions are made in public sunshine meetings and agreed to provide additional information. No votes or final actions were taken in the portion of the meeting provided.
NH
New Hampshire 2026 Regular Session
House Science, Technology and Energy (02/17/2026)
Science, Technology and Energy
Transcript Highlights:
- service um uh the whole concept default service um uh the whole concept of<01:45:59.119>
default< - >
through <01:48:58.639>the <01:48:58.800>default your electricity through the default - <01:49:44.480>
So default service. It's a pass through. So default service. - <01:50:20.639>
service by a utility to provide default service by a utility to provide default - reconciliation goes only into default reconciliation goes only into default service<01:51:34.400
TX
Transcript Highlights:
- they can get pretty easy access to the stores, many of them that are not checking IDs or through a surrogate
- Third, if you regulate without funding, then you legalize by default.
- The third point: to regulate without funding is to legalize by default.
Bills:
HB5
MN
Minnesota 2025-2026 Regular Session
Committee on Judiciary and Public Safety - 01/27/25
Judiciary and Public Safety
Transcript Highlights:
- Otherwise, it would essentially default to the next taker or the next person appointed, or the group
- Otherwise, it would essentially default to the next taker or the next person appointed, or the group
- to the next it would essentially default to the next taker<00:08:41.360>
or <00:08:41.560> - act, and now there will not be that default.
- act, and now there will not be that default.