Video & Transcript Research : 'escrow'

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WY

Wyoming 2026 Regular Session

Senate Judiciary Committee, March 2, 2026 AM

Judiciary

Transcript Highlights:
  • I mean, you'd have to have an escrow.
  • <00:45:16.880> You'd<00:45:17.200> have<00:45:17.280> to have to have an escrow
  • You'd have to have to have an escrow.
  • /c><00:45:20.480> or<00:45:20.640> some<00:45:20.800> such a million dollars escrow
  • or some such a million dollars escrow or some such number<00:45:21.520> so<00:45:21.760> we
NM

New Mexico 2026 Regular Session

House - Health and Human Services Feb 13th, 2026 at 09:03 am

House Health & Human Services

Transcript Highlights:
  • The funds, the Social Security benefits, are set aside in escrow accounts for the kids when they leave
Keywords: 996, all
NH
Transcript Highlights:
  • Senate Bill 26, relative to the definition of deposits as they pertain to land sales and escrow of deposits
  • This is about the escrow for upgrades, right? Okay.
  • <00:54:16.800> about<00:54:17.040> the<00:54:17.760> um<00:54:17.920> escrow
  • <00:54:18.400> for This is about the um escrow for This is about the um escrow for upgrades
Keywords: 1189, house, all
Summary: The subcommittee took up HB 164, dealing with homeowners and certain service agreements tied to residential real estate. Much of the discussion focused on whether the bill should be framed as prohibiting “service agreements” or more specifically as banning “future right to listing” agreements, and whether the bill should mirror Maine’s newer law. Mike Padmore of AARP New Hampshire presented suggested edits, including clarifying that the agreements are unenforceable, striking a provision at Roman 6C, and adding language making clear that registry of deeds staff are not liable when they record documents they are statutorily required to file. Bob Quinn of the New Hampshire Association of Realtors said the bill and Maine’s law reach the same result, but he preferred simpler wording and argued the bill should not include a two-year time limit because legitimate listing agreements should not create liens at all. Members and witnesses debated whether the bill should simply make the practice illegal outright, whether the Consumer Protection Act is the right enforcement vehicle, and whether the lien-removal process should be modeled on the recent undischarged mortgage bill. A consumer protection official said the bureau supports the statute and explained that under RSA 358-A, consumers could seek damages and equitable relief to strike a lien, while also noting that the bureau often uses the Consumer Protection Act as an enforcement tool. The committee also discussed narrowing the bill to residential real estate, with the sponsor and witnesses saying the problem has been seen in residential transactions and that commercial property was not the focus. The testimony described the underlying problem as companies, often national rather than New Hampshire-based, using long-term or future listing agreements to impose liens or penalties on homeowners, sometimes in connection with estate transfers or home sales. Witnesses said legitimate real estate listings do not normally place liens on houses, but these arrangements can include hidden or unclear penalties, including a reported 3% charge on home value. No vote was taken in the excerpt, but the committee appeared to be working through possible amendments and whether to adopt Maine-style language or a simpler New Hampshire-specific approach.
MN

Minnesota 2025-2026 Regular Session

House Judiciary Finance and Civil Law Committee 2/18/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • They used an Enbridge, a foreign oil corporation-funded escrow account to pay for riot gear, food, beverages
  • They used an Enbridge, a foreign oil corporation-funded escrow account to pay for riot gear, food, beverages
  • 393 they used an Enbridge a foreign Oil Corporation<00:37:30.880> funded<00:37:31.440> escrow
  • <00:37:32.040> account<00:37:32.640> to<00:37:32.839> pay Corporation funded escrow
  • account to pay Corporation funded escrow account to pay for<00:37:33.240> riot<00:37:33.599><
Bills: HF7
NV
Transcript Highlights:
  • And it also provides them savings as it lowers their escrow payments on the assessments that are used
  • to repay that. ...provides them savings as it lowers their escrow payments on the assessments that are
  • SIDs provide a short-term impact on the cost of those homes and a long-term reduction through the escrow
  • bring down those infrastructure costs on there on the front end and allow those reductions in the escrow
Keywords: 909, all
FL

Florida 2026 4th Special Session

February 16, 2026 - 11:30 AM

Transcript Highlights:
  • a university's 1% maintenance reserve for certain new PICO projects be held in a project-specific escrow
WI

Wisconsin 2026 1st Special Session

Wisconsin State Assembly Floor Session May 13th, 2026

Wisconsin House Floor Meeting

Transcript Highlights:
  • If you pay your taxes through an escrow account like most do, starting in January 2027, you'll save..
  • If you pay your taxes through an escrow account like most do, starting in January 2027, you'll save $8.91
Keywords: 970, all
NY

New York 2025-2026 Regular Session

New York State Senate Session - 05/11/2026

New York Senate Floor Meeting

Transcript Highlights:
  • Why isn't the full $3 billion that NYSERDA and the utility companies of this state are holding in escrow
  • WHY ISN'T THE FULL $3 BILLION THAT NYSERDA AND THE UTILITY COMPANIES OF THIS STATE ARE HOLDING IN ESCROW
Keywords: 993, senate, all
Summary: The Senate opened with routine business, including approval of the prior journal and several messages from the Assembly to discharge and substitute identical Senate bills. The chamber then took up a budget extender, Senate Print 10262/Assembly Bill 11295, which would appropriate $2.9 billion to keep state government operating through May 14 while budget negotiations continued. Senator O’Mara questioned the delay in reaching a full budget and criticized the lack of clarity on major policy issues, conference committees, school aid timing, and a proposed $1 billion utility ratepayer relief plan, arguing the state’s spending and affordability problems were worsening. Senator Serrano responded that negotiations were in the final stretch and that the extender was necessary to maintain government operations. The extender passed 59-1 after being restored to the non-controversial calendar. The Senate also considered a major election-law bill, Senate Print 88A, providing for automatic voter registration and pre-registration through DMV, Medicaid, and NYCHA-related transactions. Senator Walczyk’s proposed amendment to require voter ID was ruled nongermane, and his appeal was rejected. The bill prompted extended debate over whether the process would protect against non-citizen registration or instead remove barriers for eligible voters. Supporters, including Senator Gianaris, said it would streamline registration and help eligible but unregistered New Yorkers participate; Senator Zellner said it would strengthen the process. Opponents, including Senators Walczyk, Borrello, Helming, Rhoads, and Martins, warned it would shift responsibility away from bipartisan boards of elections, create administrative errors, and risk improper registration. The bill ultimately passed after being restored to the non-controversial calendar, with senators explaining votes along party lines. The chamber also adopted or advanced several resolutions and recognized guests. Senator Gallivan’s Police Week resolution drew remarks honoring fallen officers and law enforcement families, with Senators Chan, Rolison, Weik, Ryan, and Myrie speaking in support. Senator Sepúlveda’s resolution commemorating Dominicans in Albany was also discussed, with praise for the Dominican community’s contributions to New York and supportive remarks from Senator Chan. In addition, the Senate heard introductions for guests from Allen A.M.E. Church and the creators of the documentary “Teenage Wasteland.”
TX

Texas 89th 2nd C.S.

Energy Resources Mar 17th, 2025

Energy Resources

Transcript Highlights:
  • I, I do think that we would be very reasonable to say that the county would have to escrow the cash bond
  • submit some language that, I think would accomplish what the dean wants require the county to, uh, escrow
  • given the, um, the willingness to submit the language, um, to allow for cash bonds to be held in escrow
Bills: HB206
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee Mar 3rd, 2025

Banking and Finance

Transcript Highlights:
  • During forbearance, servicers must continue making principal, interest, and escrow advances to the investor
Keywords: 988, house, all
NH

New Hampshire 2026 Regular Session

Senate Commerce (02/17/2026)

Commerce

Transcript Highlights:
  • testimony from industry that it's basically impossible to operate a business having to hold funds in escrow
  • /c><00:08:38.159> hold<00:08:38.479> funds<00:08:38.800> in<00:08:38.959> escrow
  • business having to hold funds in escrow business having to hold funds in escrow for<00:08:39.599
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

House Judiciary Finance and Civil Law Committee 2/20/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • Representative Franson, if, um, somebody pays the lower—if the bill passes and the fee is reduced, or the escrow
  • Representative Franson, if, um, somebody pays the lower—if the bill passes and the fee is reduced, or the escrow
  • Representative Franson, if, um, somebody pays the lower—if the bill passes and the fee is reduced, or the escrow
  • The the escrow money is reduced, um, and what happens if there—the person does do the appeal and it runs
Bills: HF414, HF768, HF359
LA

Louisiana 2026 Regular Session

Revenue and Fiscal May 19th, 2026

Revenue & Fiscal Affairs

AZ
Transcript Highlights:
  • Finally, the bill requires an escrow agent involved in the sale or transfer of title interest of private
Keywords: 1182, all
Summary: The Republican caucus reviewed a long list of Senate bills and one House concurrent memorial, most of them described as third-read consent items. Topics included claims against the state, CPA licensing, creditor assignments, insurance adjuster licensing, school equivalency instruction, extending a credit enhancement board, firearm safety instruction in schools, student eligibility restrictions for school activities, Celebrate Freedom Week, release-time courses, voter registration roll access, campaign and disclosure mailing addresses, federal land designation tracking, public records review standards, workers’ compensation burial and death benefits, condominium flag displays, restrictions on sexually explicit material in schools and libraries, agency guidance posting, standardized state hiring, mental health court-ordered treatment procedures, autopsy supervision, tribal MOUs, controlled substance scheduling, emergency medical technician data privacy, dense breast tissue notice repeal, assisted living referral agency requirements, attorney disciplinary claims, fentanyl penalties, campus firearms rules, suppressors, defamation standards, mandatory reporting, attorney licensing, emergency service fee limits, forcible detainer changes, utility worker assault penalties, water basin reporting, small modular nuclear reactors, water recovery assumptions, ICE notification after arrests, military police certification pathways, and scholarship organization tax credits. Most bills were presented without debate and were noted as available for questions, with no votes taken in the caucus itself. A few items drew discussion. On SB 1040, members asked what information would be redacted from voter registration rolls; staff said existing statutory redactions such as voter registration numbers, ID numbers, Social Security numbers, and other personal identifying information would remain. SB 1193 prompted comments that EMT data being open source was surprising and that the issue might be expanded to paramedics. SB 1243 was described as strengthening guardian notification rights in court-ordered treatment, and SB 1318 was characterized as a cleanup measure to remove redundant state notice requirements for dense breast tissue. The most extended exchange came on SB 1148, which would require the Arizona Supreme Court to directly license attorneys rather than delegate that function to another organization; members asked whether the bill was shifting responsibility away from the State Bar, and staff explained that the court already has the duty but currently staffs part of the process out. SB 1418, which limits county regulation of certain small modular nuclear reactor projects, drew criticism from one member who argued it would reduce local control. The caucus also heard a sponsor presentation on H.C.M. 2009 urging Congress and the President to amend the Antiquities Act, compensate states for subsurface minerals, and streamline mining permits, with the sponsor emphasizing Arizona’s mining history and the need to access mineral resources more easily.
KY
Transcript Highlights:
  • know a lot about, but so the Kentucky Medicaid Pharmaceutical Rebate Fund, is that similar to an escrow
  • But to answer your question, no, it's not an escrow account, and no, there are no restrictions.
Summary: The committee first took up House Bill 537, as amended by PHS 1, which was described as a technical measure needed to ensure Kentucky can receive opioid settlement funds despite changes in bankruptcy court orders. The sponsor and Attorney General’s office explained that the bill does not change the settlement formula or substantive terms, but adjusts the mechanism for receiving the money. After brief discussion, the committee adopted PHS 1 and then passed HB 537 out favorably on a 17-0 vote, with one member recording attendance after arriving late. The committee then considered House Bill 695, also amended by PHS 1, a Medicaid stabilization bill. The sponsor said the measure is intended to hold the program steady while the legislature gathers more information and awaits work by a future Medicaid Oversight and Advisory Board. The bill would limit new waivers, state plan amendments, and coverage expansions; require reporting and record retention; create a Kentucky Medicaid Pharmaceutical Rebate Fund; direct certain behavioral health and managed care changes; and include an emergency clause. Members raised questions about the rebate fund, work requirements, and whether the bill could affect coverage or funding, while supporters emphasized transparency, data collection, and preventing new expansions until oversight is in place. Several members spoke in favor of the bill’s goals but expressed caution about micromanaging a complex program and about possible unintended consequences for beneficiaries. Representative Fleming stressed the need for stronger oversight and noted the potential fiscal impact of federal Medicaid changes. Representative Stevenson voted pass, saying the committee should let the new oversight board handle the issue, and Representative Gentry also passed, citing concern about overreach and the burden of data collection. The committee ultimately reported HB 695 favorably on a 16-1 vote with three pass votes. Afterward, members recorded additional yes votes on HB 537 for the record.
LA

Louisiana 2026 Regular Session

Revenue and Fiscal May 19th, 2026

Transcript Highlights:
  • That money was put in their escrow, whatever you want to call it, but it will never show up in the bill
Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 19, 2026, established a quorum, approved the May 11 minutes, and then took up several House bills. House Bill 1039, presented by Rep. DeSotel, would add taxpayer protections in local sales tax audits by requiring clear notice that waiving prescription is voluntary, requiring a written request identifying records sought before an estimated assessment, and allowing mutual agreements to suspend interest and penalties during an audit. The committee had no opposition and reported the bill favorably. House Bill 799, handled by the State Fire Marshal’s office, would move boiler inspections into the Fire Marshal’s office and allow licensed industry inspectors to perform them, with the stated goal of improving efficiency because current staffing only covers about 20% of inspections; it was also reported favorably without objection. The committee then spent most of the meeting on House Bill 2, the capital outlay bill, with Chairman Bacala explaining that the House had worked with the Division of Administration and Facility Planning and Control to find about $50 million in savings through cash-flow adjustments, under-budget bids, over-appropriations, and bundled-project savings. He argued the bill has grown beyond a true five-year plan and that some prior funding is not transparent because money placed in projects in earlier years no longer appears in later versions of the bill. Division officials said the savings would help address deferred maintenance, especially in higher education, and that Priority 2 projects are used to absorb additional funds if more savings are found later in the year. Senator Luneau asked about dormant projects and the process for removing or reallocating funds from projects with no recent expenditures; officials said such removals must go through the Bond Commission and that they are considering ways to improve the process. Bacala then offered amendments to HB 2, saying they kept Priority 1 fully funded, added about $54 million in Priority 2 projects, and included a large Priority 5 list of member requests. The committee adopted the amendment set without objection and then reported HB 2 as amended favorably. The committee also reported House Bill 3 favorably; Bacala described it as a housekeeping measure that provides bonding capacity to move HB 2 forward. Finally, the committee granted staff authority to make technical changes to the reported bills and adjourned on Senator Lambert’s motion.
ND
Transcript Highlights:
  • related to these programs, and it was dealing with the agency's requirement to return the borrower any escrow
  • Of the 25 loan payoffs that we tested, we noted one instance where the escrow surplus was not returned
  • Not only that, over 80% of mortgages are escrowed.
  • Because somebody escrows their taxes. They have no tax bill or a part of a tax bill.
Summary: The committee met to receive a series of audit presentations, beginning with the statewide Annual Comprehensive Financial Report (ACFR) for fiscal year 2025. The State Auditor’s Office and OMB reported a clean, unmodified opinion for the state, with strong financial results including a $40.6 billion net position, $30.99 billion in assets, $1.81 billion in liabilities, and continued Legacy Fund growth. OMB also explained the new GASB 101 compensated-absences reporting change and discussed pension-liability fluctuations tied to discount-rate assumptions and investment performance. Members asked about how the state compares to others and about the effect of short-term commodity price swings, and OMB said the report reflects actual fiscal-year results rather than forecasts. The committee then heard the University System audit, which also received a clean opinion but included four findings: misreporting of Strategic Investment and Improvements Fund revenue, insufficient monitoring of service organizations at CTS, NDSU, and UND, improper bank reconciliations at Dakota College of Bottineau, Dickinson State, and Williston State, and investment/cash reconciliation problems at Bismarck State College related to bond proceeds. University officials agreed with the findings and said corrective actions were underway, including internal review of bank reconciliations. Members raised questions about NDSU’s use of certificates of deposit, and university staff explained that CDs are used to earn interest on funds being accumulated for future projects. Several other audits were presented, most with clean opinions and no findings, including the State Auditor’s Office, Workforce Safety and Insurance, Housing Finance Agency, Housing Incentive Fund, Job Service North Dakota, the Retirement and Investment Office, PERS, the Center for Distance Education, the Commission on Legal Counsel for Indigents, the Ethics Commission, and the Office of Administrative Hearings. Notable exceptions included a State Fair Association audit with an adverse opinion on the foundation component unit because its financial statements were not available for audit, and a Securities Department performance audit finding that performance-based pay increases and bonuses were issued without required evaluations. The committee also discussed the State Auditor’s future needs, including more staff capacity, data analytics, cybersecurity reviews, possible subpoena authority, independent legal counsel, and whether some audits—such as the Ethics Commission and State Fair—should be handled by independent third parties or under different statutory arrangements.
HI

Hawaii 2025 Regular Session

WAL Public Hearing - Thu Jan 30, 2025 @ 9:00 AM HST

Water & Land

Transcript Highlights:
  • Well, you know, she alleges that it could lead to between the $350 and $4,000 escrow fees for that process
  • the 350 and the 350 and $4,000<00:59:09.640> you<00:59:09.760> know<00:59:10.240> escrow
  • <00:59:10.799> fees<00:59:11.640> for<00:59:11.880> that $4,000 you know escrow
  • fees for that $4,000 you know escrow fees for that process<00:59:13.119> um<00:59:13.599>
Keywords: 910, house, all
Summary: The committee heard testimony on several agriculture, water, invasive species, and land-use bills. HB 299 and HB 1220, both relating to invasive species, drew broad support from the Hawaii Invasive Species Council, DLNR, the Department of Agriculture, C-GAPS, Sierra Club, Hawaii Farm Bureau, Hawaii Farmers Union, and others. Testifiers said HISC funding fills gaps between agency mandates, supports research and technology, and helps respond to both terrestrial and marine invasive threats. On HB 1220, C-GAPS described a marine anemone infestation in Kāneʻohe linked to aquarium release and said control and restoration would be difficult without the bill’s funding. A committee member asked for tracking information on the species, and the Division of Aquatic Resources said it maintains monitoring data and annual reports. No opposition was noted on either measure. HB 506, relating to conservation enforcement, also received support from DLNR and Malama Pu‘u Ma. Committee discussion focused on the bill’s scope and how the funding would be used. Members asked about a prior boat purchase mentioned in opposition testimony and about whether mainland vendors were being used; the department said it did not buy that boat and that procurement follows the normal state process, with total bid price including delivery, taxes, and other fees. The department explained that the bill’s funding is primarily for marine enforcement work in nearshore fisheries, including herbivore protection around O‘ahu. HB 915, relating to water use, had mixed testimony. DLNR supported alternative water sources and amendments to the water code, while the Department of Agriculture opposed the bill as drafted, saying its irrigation program is designed for non-potable agricultural use and is not structured for residential or mixed-use development. The Department of Health said it needed more information on its reuse guidelines and noted concern about removing the recycled water manager requirement, which it said helps ensure safe operation and maintenance of reuse systems. Members questioned the bill’s preemption language and whether county or state rules would be displaced, and Agriculture suggested county water agencies might be better suited for some of the proposed uses. HB 502, concerning land use, drew support from the Attorney General’s office, the Land Use Commission, Hawaii Realtors, Hawaii Farm Bureau, and Hawaii Farmers Union, with the Department of Agriculture standing on its written testimony. The Attorney General warned that allowing important agricultural lands to be redistricted through a declaratory ruling process could conflict with the state constitution and recommended excluding IAL from the bill. The Land Use Commission said it has an inventory of IAL lands and did not believe the bill would affect them, and it agreed to the suggested protection. Supporters said the bill could help move lands with limited agricultural value into the rural district, reduce pressure on productive farmland, and better align land use with actual farming potential. HB 929, relating to the agricultural land conveyance tax, received comments from the Department of Taxation and opposition from Hawaii Farm Bureau and Hawaii Realtors; Farm Bureau said it supports preserving agricultural land but was concerned about unintended consequences and questioned whether speculative flipping of ag land is a current problem.
TX

Texas 89th 2nd C.S.

89th Legislative Session Mar 17th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • relating to the elimination of certain tax receipts deposited to the allocation of the horse industry escrowed