Transcript Highlights:

• on your voluntary passion for the issue, in either case, any petition circulator is acting as a fiduciary
• They would be viewed as fiduciaries of the state of Florida, fiduciaries, you know, of the individuals
• to the failure on the front end for somebody to be validly engaging in this activity, which is a fiduciary
• They become the fiduciary of the individual.
• As soon as you use a third party, they become a fiduciary, which includes a lot of responsibility, but

Committee: Senate Fiscal Policy

Summary: The committee first took up CS for CS for CS for SB 462 on transportation, adopting a substitute amendment that would require counties receiving transportation surtax proceeds to report how the money is used, prohibit certain airport fees tied to collegiate flight training, create a Sarasota-Manatee Airport Authority pilot program, and fund a traffic signal modernization program with $10 million annually from the State Transportation Trust Fund. The amendment also removed several provisions from the bill, including a sales tax transfer to the trust fund, a bid protest-related contracting requirement, and repeal of the Metropolitan Planning Organization Advisory Council. A late-filed amendment was tabled, and the bill was reported favorably. The committee then heard CS for CS for SB 628, “Lucy's Law,” on boating safety, which would strengthen penalties for leaving the scene of a vessel accident and reckless vessel operation. Lucy’s parents gave emotional testimony in support, describing the fatal 2022 boating crash and urging stronger accountability. The sponsor withdrew pending amendments, and the bill was reported favorably. CS for CS for SB 700, the Florida Farm Bill, was next; the strike-all amendment covered a broad range of agriculture-related changes, including water fluoridation restrictions, labeling rules, drone restrictions over farmland, disaster recovery programs, an honest services registry, FFA-related provisions, and agricultural land preservation. Testimony included support from agricultural and gun-rights groups, opposition from banking, dental, and local-government advocates, and a lengthy public debate over fluoridation and financial discrimination. The committee adopted the amendment and reported the bill favorably. SB 796 on general permits for distributed wastewater treatment systems was reported favorably with little debate. The committee then took up CS for SB 1618 on K-12 education, adopting a delete-all amendment that combined a wide range of education provisions, including VPK flexibility, agriculture education, financial literacy, reading intervention requirements, teacher assignment reporting, restrictions on spending public funds on political or social activism, postsecondary and workforce-related changes, and other school and college system updates. Several speakers opposed the activism-related funding restriction, while the sponsor said the bill was intended to keep publicly funded schools focused on education; the bill was reported favorably. Finally, the committee considered SB 7016 on initiative petitions, adopting a strike-all amendment that would sharply tighten petition circulation rules and increase penalties. The proposal would require circulators to be Florida residents and U.S. citizens, impose training and registration requirements, shorten petition submission deadlines, require more identifying information on petition forms, limit sponsors to one amendment per election cycle, and create new enforcement and investigation triggers, including a 25% invalid-signature threshold. Sponsors argued the changes were needed to address fraud and protect the integrity of constitutional amendment petitions, while senators raised concerns about due process, public-records issues, burdens on volunteers, and the impact on voters and sponsors. The bill was not reported in the portion provided, and the discussion remained ongoing at the end of the transcript.

Transcript Highlights:

• So that means that that fiduciary has responsibility to... Thank you.
• That fiduciary has responsibility to get compensation based on the returns for themselves.
• Does this account also have a fiduciary responsibility in its management?
• investment strategy around this would be that the Oklahoma Invest in Oklahoma Board would be that fiduciary
• I mean, at the end of the day, this board is going to have to make prudent fiduciary-type investments

Bills: SB1290 , SB1530 , SB1847 , HR1050 , SB169 , SB1377 , SB1990 , SB1991 , SB1778 , SB1579 , SB1992 , SB3 , SB2028 , SB1928 , SB2127 , SB2117 , SB1439 , SB1930 , SB330 , SB1191 , SB2110 , SB2134 , SB2069 , SB2095 , SB1613 , SB1246 , SB1976 , SB1346 , SB1509 , SB2071 , SB259 , SB1314

Keywords: 2-1-1 services, revolving fund, Department of Human Services, crisis pregnancy, abortion, legal funding, research funding, development rebate, Oklahoma Department of Commerce, tax incentives, higher education partnerships, Medicaid, ADvantage Waiver, home-based services, eligibility criteria, healthcare, senior services, Taiwan, Oklahoma, sister-state relationship

Transcript Highlights:

• , with regard to my own personal savings philosophy: I put my savings into an account that has a fiduciary
• That means that fiduciary has responsibility to get compensation based on the returns.
• Does this account also have a fiduciary responsibility in its management?
• I mean, at the end of the day, this board is going to have to make prudent fiduciary-type investments
• I mean, at the end of the day, this board is going to have to make prudent fiduciary-type investments

Summary: The House considered and advanced a large package of bills, many on joint committee reports, with most measures passing by wide margins and several emergency clauses approved. Early debate centered on HB 4036, which moved $5 million from an existing filmed-in-Oklahoma account to a new revolving fund for the “Bringing Sitcoms Home from Hollywood” pilot program. Supporters said the money was surplus, still controlled by the film office, and intended to create jobs and a strong return on investment; opponents questioned whether the funds should instead go to other state needs and whether the program had enough workforce and infrastructure. The bill passed 53-42, but its emergency failed. The House also passed HB 471, which creates state support for federal “Trump accounts” for children under 18, after debate over federal control, investment risk, and whether the $12.5 million could be better spent on child care, schools, or other services; it passed 61-30 and the emergency failed 62-27. Several education, transportation, and public safety measures then moved through with little or no opposition. HB 4030, described as the education limits bill, passed 93-1 with its emergency. HB 4065 and HB 467 each appropriated $93,000 for security at the Oklahoma School of Science and Mathematics and the Schools for the Blind and Deaf, respectively, and both passed unanimously or near-unanimously with emergencies. HB 4038 directed $5 billion for the eight-year transportation plan and $266,000 for safer school zones; HB 4048 transferred PREP funds to three road projects; and HB 4031 moved up to $41 million into the long-term aerospace and aeronautic stability fund. HB 4047, which used PREP funds for a rural economic development project, fairgrounds upgrades, and university energy improvements, drew the most discussion over whether the spending was truly rural-focused, but passed 81-11 with the emergency approved. The House also approved a series of capital, justice, health, and workforce-related bills. These included HB 452 to buy the Service Oklahoma building it currently occupies; HB 4041 for a two-year trafficking victim pilot program and public safety technology; HB 4056 and HB 4057 for OSBI and narcotics headquarters/warehouse facilities; HB 4044 for current National Board Certified Teachers; HB 4032 on mining fees and agreement language; HB 4034 to raise court reporter compensation; HB 4050 reducing employer contributions while keeping retirement funds growing; HB 4053 and HB 4054 for flagship university capital projects; HB 4072, a public finance/accounting measure involving the Invest in Oklahoma Board and Revenue Stabilization Fund mechanics; HB 4045 and HB 4046 creating military-related funds to support bases and BRAC-proof installations; HB 4040 establishing oversight and a revolving fund for rural health transformation federal money; and HB 4051 clarifying legislative control over the FMAP rate preservation fund. Most of these passed with strong bipartisan support and emergency clauses, and the chamber ended with announcements of committee meetings before adjourning until April 15, 2026.

Transcript Highlights:

• Speaker. 4428 requires public retirement systems to cast votes in line with fiduciary duty solely on

Bills: HB4420 , HB3974 , HB3016 , HB3062 , HB3021 , HB3145 , HB4128 , HB3131 , HB3015 , HB3472 , HB3453 , HB1638 , HB4126 , HB2696 , HB2710 , HB3552 , HB3031 , HB3544 , HB3521 , HB4490 , HB4488 , HB1746 , HJR1069 , HB4428 , HB4429 , HB1170 , HB3538 , HB4124 , HB3904 , HB4106 , HB2999 , HB3982 , HJR1077 , HB3464 , HB2588 , HB3462 , HB4440 , HB3674 , HB3345 , HJR1067 , HB4326 , HB4331 , HB4337 , HB4338 , HB4359 , HB4392 , HB3557 , HJR1076 , HB4003 , HB3495 , HB3497 , HB3501 , HB3505 , HB3749 , HB3011 , HB4336 , HB4346 , HJR1087 , HB3240 , HB3647 , HB3796 , HB3969 , HB3972 , HB3983 , HB3984 , HB3989 , HB3383 , HB3130 , HB4358 , HB3327 , HJR1055 , HB3386 , HJR1089 , HB3087 , HB2970 , HB3314 , HB4129 , HB4199

Keywords: reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights

Bills: HB4420 , HB3974 , HB3016 , HB3062 , HB3021 , HB3145 , HB4128 , HB3131 , HB3015 , HB3472 , HB3453 , HB1638 , HB4126 , HB2696 , HB2710 , HB3552 , HB3031 , HB3544 , HB3521 , HB4490 , HB4488 , HB1746 , HJR1069 , HB4428 , HB4429 , HB1170 , HB3538 , HB4124 , HB3904 , HB4106 , HB2999 , HB3982 , HJR1077 , HB3464 , HB2588 , HB3462 , HB4440 , HB3674 , HB3345 , HJR1067 , HB4326 , HB4331 , HB4337 , HB4338 , HB4359 , HB4392 , HB3557 , HJR1076 , HB4003 , HB3495 , HB3497 , HB3501 , HB3505 , HB3749 , HB3011 , HB4336 , HB4346 , HJR1087 , HB3240 , HB3647 , HB3796 , HB3969 , HB3972 , HB3983 , HB3984 , HB3989 , HB3383 , HB3130 , HB4358 , HB3327 , HJR1055 , HB3386 , HJR1089 , HB3087 , HB2970 , HB3314 , HB4129 , HB4199

Keywords: reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights

Bills: HB4420 , HB3974 , HB3016 , HB3062 , HB3021 , HB3145 , HB4128 , HB3131 , HB3015 , HB3472 , HB3453 , HB1638 , HB4126 , HB2696 , HB2710 , HB3552 , HB3031 , HB3544 , HB3521 , HB4490 , HB4488 , HB1746 , HJR1069 , HB4428 , HB4429 , HB1170 , HB3538 , HB4124 , HB3904 , HB4106 , HB2999 , HB3982 , HJR1077 , HB3464 , HB2588 , HB3462 , HB4440 , HB3674 , HB3345 , HJR1067 , HB4326 , HB4331 , HB4337 , HB4338 , HB4359 , HB4392 , HB3557 , HJR1076 , HB4003 , HB3495 , HB3497 , HB3501 , HB3505 , HB3749 , HB3011 , HB4336 , HB4346 , HJR1087 , HB3240 , HB3647 , HB3796 , HB3969 , HB3972 , HB3983 , HB3984 , HB3989 , HB3383 , HB3130 , HB4358 , HB3327 , HJR1055 , HB3386 , HJR1089 , HB3087 , HB2970 , HB3314 , HB4129 , HB4199

Keywords: reading, intervention, literacy, education, third grade retention, teacher training, funding, Strong Readers Act, tort claims, inmate housing, government immunity, public trust, private prison, emergency legislation, vision screening, binocular vision, kindergarten, elementary education, health, firearm rights

Transcript Highlights:

• All of this while that advisory firm knows that with each of their clients they owe fiduciary duties
• The shareholders, the proxy advisory firms owe fiduciary duties to the shareholders of the companies.
• good fiduciary. I don't understand the question, Representative Goodwin.
• Holders that they're focused on economic factors, fulfilling their fiduciary duties to their clients.
• If they do, the bill requires health insurance plans to do so. with fiduciary duties.

Bills: SB15 , SB35 , SB290 , SB1365 , SB2568 , SB18 , SB427 , SB1860 , SB1864 , SB2675 , SB596 , SB2858 , SB3058 , SB816 , SB1163 , SB1484 , SB1898 , SB1777 , SB1802 , SB2692 , SB315 , SB1585 , SB1626 , SB2058 , SB2050 , SB2105 , SB2245 , SB2764 , SB2611 , SB2497 , SB2452 , SB2243 , SB1705 , SB1244 , SB1361 , SB438 , SB578 , SB584 , SB2690 , SB2521 , SB2487 , SB2342 , SB2063 , SB125 , SB2041 , SB1962 , SB1413 , SB6 , SB2878 , SB13 , SB30 , SJR87 , SB7 , SB127 , SB293 , SB441 , SB3059 , SB57 , SB512 , SB1718 , SB140 , SB2055 , SB2075 , SB2018 , SB1534 , SB1567 , SB785 , SB1233 , SB1580 , SB1663 , SB413 , SB447 , SB519 , SB467 , SB1579 , SB1191 , SB1021 , SB1838 , SB2807 , SB2835 , SB546 , SB2121 , SB2167 , SB2024 , SB1032 , SB1049 , SB1266 , SB1400 , SB1302 , SB401 , SB1596 , SB1281 , SB1242 , SB1343 , SB1346 , SB2753 , SB2221 , SB1719 , SB2177 , SB552 , SB646 , SJR1 , SB15 , SB800 , SB790 , SB748 , SB571 , SB1957 , SB1923 , SB1896 , SB1760 , SB1335 , SB2368 , SB2477 , SB2587 , SB2972 , SB2986 , SB2965 , SB1563 , SB1467 , SB1164 , SB1137 , SB614 , SB705 , SB961 , SB918 , SB955 , SB869 , SB850 , SB863 , SB1610 , SB1055 , SB2206 , SB457 , SB2337 , SB1362 , SB926 , SB1494 , SB251 , SB456 , SB500 , SB1307 , SB2615 , SB2995 , SB2321 , SB973 , SB974 , SB865 , SB506 , SB781 , SB1522 , SB1558 , SB510 , SB667 , SB763 , SB2073 , SB1858 , SB1660 , SB505 , SB2900 , SB1433 , SB1540 , SB1964 , SB1300 , SB1644 , SB2217 , SB2373 , SB2431 , SB1758 , SB2480 , SB3039 , SB3047 , SB3073 , SB2920 , SB2781 , SB826 , SB766 , SB2460 , SB527 , SB1946 , SB2885 , SB1243 , SB2610 , SB2595 , SB857 , SB2501 , SB66 , SB268 , SB331 , SB618 , SB414 , SB1394 , SB2425 , SB898 , SB993 , SB442 , SB735 , SB784 , SB2538 , SB1919 , SB1013 , SB2215 , SB2322 , SB626 , SB570 , SB747 , SB2183 , SB673 , SB1015 , SB1447 , SB1370 , SB1784 , SB1897 , SB2873 , SB2891 , SB2933 , SB2540 , SB2681 , SB2695 , SB1965 , SB2203 , SB872 , SB875 , SB1030 , SB1277 , SB1730 , SB1681 , SB1152 , SB2969 , SB2747 , SB2705 , SB2541 , SB1708 , SB2080 , SB2721 , SB1986 , SB2392 , SB2539 , SB2857 , SB2799 , SB2785 , SB2782 , SB1531 , SB1927 , SB1263 , SB1098 , SB35 , SB290 , SB1365 , SB2568 , SB18 , SB427 , SB1860 , SB1864 , SB2675 , SB596 , SB2858 , SB3058 , SB816 , SB1163 , SB1484 , SB1898 , SB1777 , SB1802 , SB2692 , SB315 , SB1585 , SB1626 , SB2058 , SB2050 , SB2105 , SB2245 , SB2764 , SB2611 , SB2497 , SB2452 , SB2243 , SB1705 , SB1244 , SB1361 , SB438 , SB578 , SB584 , SB2690 , SB2521 , SB2487 , SB2342 , SB2063 , SB125 , SB2041 , SB1962 , SB1413 , SCR9 , SB21 , SB1198 , SB1405 , SB2601 , SB2778 , HB5560 , HB762 , HB1584 , HB 107 , HB 114 , HB138 , HB4386 , HB2495 , HB581 , HB3348 , HB5323 , HB4341 , HB6 , HB171 , HB143 , HB449 , HB3486 , HB4263 , HB5246 , HB2 , HB2011 , SB17

Keywords: SB 15, Texas Local Government Code, zoning preemption, housing affordability, small lots, lot size, lot density, single-family zoning, residential subdivision, municipal land use, local control, state preemption, parking requirements, setbacks, infill development, missing middle housing, lot width, lot depth, homebuilders, housing supply

Transcript Highlights:

• It's not in a fiduciary relationship with them, and that they may be able to get a better and different
• It's not acting in a fiduciary relationship to them.
• And that's where the lack of fiduciary responsibility comes in. So.
• And that's where the lack of fiduciary responsibility comes in.

Committee: House Commerce, Consumer Protection, Energy and the Environment

Summary: The Commerce Committee met in executive session and voted to do pass House Bill 3027 by an 8-0 vote. It then considered House Bill 3490, which deals with historic preservation and colleges and universities. Members debated local control, private property rights, and whether the bill should apply statewide rather than only to Kansas City. The committee adopted a House Committee Substitute that removed the geographic limitation and made the measure apply to public and private colleges and universities, with an option for institutions to opt in or out of local historic commission rules. The substitute was then passed 6-2. The committee next took up House Bill 3316, which includes Department of Revenue cleanup changes related to vehicle registration, temporary plates, boats, trailers, and lien notice language. Members discussed the bill’s effect on temporary tags and enforcement. The committee adopted a House Committee Amendment, rolled it into a substitute, and then voted unanimously 8-0 to do pass the House Committee Substitute for House Bill 3316. The committee then moved to a public hearing on Senate Bill 973, a consumer protection bill sponsored by Senator Curtis Trent. The bill requires disclosures for real estate wholesaling and sale-leaseback transactions so sellers understand that wholesalers are not acting as fiduciaries and may not be maximizing the seller’s price. Supporters said the bill would protect distressed or uninformed sellers, while opponents from the real estate industry supported the disclosure concept but raised concerns about the 14-day waiting period before a transaction can proceed, especially in foreclosure or other time-sensitive situations. Some members also questioned whether the bill should require licensed real estate agents or allow waivers of the waiting period. No final action was taken on SB 973, and the committee adjourned after the hearing.

Transcript Highlights:

• Larson said the fiduciary/non-fiduciary distinction would be the difference between off-balance sheet
• or non-fiduciary fiduciary capacity or non-fiduciary capacity.<02:00:44.720><c> Could</c><02:00:44.840
• </c> Yeah, I think the fiduciary Yeah, I think the fiduciary non-fiduciary<02:00:54.360><c> would</c>
• <02:00:54.840><c> look</c> non-fiduciary would look non-fiduciary would look Mr.<02:00:56.200><c> Chair
• </c> Sieberger already about fiduciary Sieberger already about fiduciary capacity<02:07:36.880><c> and

Committee: Senate Commerce and Consumer Protection

Transcript Highlights:

• confirm someone for a reappointment, they can't just sit there for the next year or so voting on large fiduciary
• confirm someone for a reappointment, they can't just sit there for the next year or so voting on large fiduciary
• confirm someone for a reappointment, they can't just sit there for the next year or so voting on large fiduciary

Summary: The committee met, established a quorum after some initial roll-call and IT issues, and recognized several guests, including a student page, local tourism representatives, and Scott Smith of the East Kentucky trail authority. Members also briefly highlighted ongoing tourism and trail development efforts in eastern Kentucky and thanked guests for their work and local support. The main item of business was Senate Bill 245, sponsored by Senator Brandon Smith. He explained that the bill closes a loophole in the confirmation process for board appointments and reappointments, so that if the Senate declines to confirm a reappointment—or takes no action on it—the person cannot continue serving for an extended period without confirmation. In response to questions, he clarified that the bill is aimed narrowly at preventing unconfirmed members from remaining in office and making major fiduciary decisions, while preserving the governor’s appointment authority. After discussion, a motion and second were on the bill, the clerk called the roll, and the committee voted to pass Senate Bill 245 favorably. The chair announced that the bill is now eligible for consideration on the House floor, and the committee adjourned.

Transcript Highlights:

• They got a fiduciary responsibility. So, we always negotiate.
• They got a fiduciary responsibility. So, we always negotiate.
• They got a fiduciary responsibility. So, we always negotiate.
• They got a fiduciary responsibility. So, we always negotiate.
• They got a fiduciary responsibility. So, we always negotiate.

Summary: The subcommittee met with Secretary Jeff Null and General Counsel Matt Wing of the Cabinet for Economic Development for an overview of the cabinet’s main economic development tools, strategy, and compliance practices. Null said the cabinet uses a data-driven approach focused on competitiveness, site readiness, wages, workforce training, and long-term assets such as roads, rail spurs, water, and sewer improvements. He emphasized that the cabinet tries to balance attracting new employers with supporting existing businesses, and said compliance is a core value of the agency. Null walked members through several programs, including the closing fund, Kentucky Business Incentive (KBI), Bluegrass State Skills Corporation training support, and the KIA sales-tax refund tool for construction materials and equipment. He said the closing fund has received $80 million over two years for projects generally involving at least $10 million in investment, though some flexibility exists. He also explained that Bluegrass State Skills funding is typically about $2,000 to $3,000 per job and can be used flexibly for training, including sending Kentucky workers to be trained elsewhere or paying trainers to come to Kentucky. He described KBI as a pay-as-you-go, incremental tax credit tied to actual jobs and investment, and said the legislature’s tiered refundable credit structure allows more targeted use of incentives in heritage and non-heritage counties. A substantial portion of the presentation focused on compliance and monitoring. Null said incentive agreements are written with commercial terms and spell out jobs, investment, wages, and training commitments. The cabinet requires regular reporting, invoices, and sampling, and can use clawbacks or suspend benefits if companies fail to meet obligations or lose required environmental permits. He said the Kentucky Economic Development Finance Authority reviews incentive applications in public meetings and often requires company representatives to answer questions before preliminary approval is granted. No votes or formal actions were taken during the meeting.

Transcript Highlights:

• She supports this bill and, as far as fiduciary duties with the board, said that where it says the reserve
• may constitute a violation, she would suggest changing it to does constitute a violation of their fiduciary
• She said they have a fiduciary duty that needs to be upheld, so she supports this bill and supports an
• duties this bill and as far as fiduciary duties with<00:19:33.559><c> the</c><00:19:33.880><c> board
• duty that needs to be fiduciary duty that needs to be upheld<00:20:28.240><c> so</c><00:20:28.480><c

Committee: House Consumer Protection & Commerce

Summary: The committee heard testimony on several measures, beginning with HB 117 on condominiums. Testifiers were split: reserve-study professionals and the Community Associations Institute opposed tying reserve requirements to assessed value, arguing reserve studies should be based on actual components and costs and that the bill could lead to over- or under-collection. Condominium owners and advocates supported the bill, saying some associations are not completing reserve studies or are failing to provide audits and adequate funding, and urging stronger fiduciary accountability. A member later asked about compliance rates, and a witness said he was not aware of any association that had failed to do a reserve study, estimating compliance at well over 95 percent, likely close to 100 percent. The committee then took testimony on HB 544 on pet insurance, which drew support from the Attorney General’s office and the Insurance Division with comments about contract-impairment issues, as well as support from the North American Pet Health Insurance Association and the Hawaiian Humane Society. Testifiers said the bill would help consumers understand and use pet insurance as veterinary costs rise. HB 983 on certified public accountants also drew mostly support, with the Hawaii Society of CPAs and the Hawaii Association of Public Accountants offering conditional support and proposed amendments. Public accountants said the bill could help address a shortage of CPAs and expand pathways into the profession, while some speakers cautioned that the language needed clarification and that public accounting experience should be tied to CPA-firm work. An instructor from UH West Oahu said students cannot afford the extra credits currently required and would benefit from a more accessible pathway. The committee also heard HB 1050 on Title 24, with DCCA supporting the measure and no opposition or questions. The discussion then moved to HB 256 HD1 on environmental protection and incinerator emissions. The Department of Health offered comments, while Energy Justice Network and Climate Protectors Hawaii supported strengthening the bill, warning that it could weaken existing standards at H-Power unless amended to preserve stricter state rules and require modern pollution controls. A member questioned the Department of Health about H-Power’s permits and whether additional controls would be required if federal rules change; the department said permits are reviewed every five years and that the facility currently meets state and federal requirements, while EPA rules remain in a public comment process. Finally, the committee heard HB 1051 HD1 on energy efficiency portfolio standards, with support from the Consumer Advocate, State Energy Office, Climate Change Mitigation and Adaptation Commission, Public Utilities Commission, and Hawaii Energy. The committee then heard HB 350 HD1 on energy, where the State Energy Office supported the bill, Solar Ray Corporation offered conditional comments urging any new mandated water-heating technology to meet the same efficiency level as existing solar thermal systems, and the Kauai Climate Action Coalition testified in support. No votes or final committee actions were taken during the portion of the meeting provided.

Transcript Highlights:

• What would it mean for them to be a fiduciary, their fiduciary duties under the public trust?
• What would it mean for them to be a fiduciary, their fiduciary duties under the public trust?
• their fiary duties under the fiduciary their fiary duties under the public<01:12:39.280><c> trust</c
• What would it mean for them to be a fiduciary, their fiduciary duties under the public trust?
• I guess a question for OHA: what would you see as a county's fiduciary duties on their public trust if

Committee: House Housing

Summary: The Committee on Housing held a public hearing on January 31 and heard testimony on a series of housing and building-code bills. The first major item, HB 1 relating to building codes, drew sharply divided testimony. Supporters, including BIA Hawaii, Grassroot Institute, Dr. Horton, and several builders and trade groups, argued the current code-adoption process is slow, fragmented, and costly, and that reform would help housing production. Opponents, including Sierra Club Hawaii, AIA Hawaii, ICC, and labor representative Kiko Bosi, said the bill would weaken public safety, reduce statewide consistency, and could leave tenants and first responders at greater risk. No vote was taken during the hearing, and members asked questions about the effect of a governor’s emergency proclamation suspending the Building Code Council and about county authority over code amendments. The committee then heard HB 745 and HB 1321, both also relating to building codes. Grassroot Institute supported both measures, saying the system is broken and needs streamlining, while BIA Hawaii and others emphasized the cost burden of repeated code updates. Opponents, especially Bosi and ICC, argued that the bills would undermine the State Building Code Council’s role, create confusion, and prioritize cost over safety; Bosi also said labor should be included in any code discussions. Members questioned whether counties can remove state code provisions and whether the state code already supersedes county codes, and one member noted the need for clarity and consistent enforcement rather than a wholesale overhaul. Later, the committee heard HB 284 on housing, HB 761 on county permitting and inspection, and HB 738 on historic preservation. HB 284 drew support from several housing and real estate groups, while DLNR opposed it. On HB 761, HHFDC supported the bill, DLNR warned that the proposed changes could jeopardize Hawaii’s participation in the National Flood Insurance Program, DAGS said it would likely need to duplicate county permitting staff, and the Department of Planning and Permitting opposed it; Grassroot Institute and NAIOP supported it. For HB 738, HHFDC, DLNR, Grassroot Institute, Hawaii YIMBY, NAIOP, and others supported the measure, with Grassroot and NAIOP suggesting clarifications so expedited review would also cover mixed-use projects and better define the scope of work. The transcript does not show any final votes or committee action on these bills during the hearing.

Transcript Highlights:

• And I think to myself, you know, I’m doing a good job being a fiduciary steward for the taxpayer.
• So if you're on that board and you have any type of fiduciary responsibility, you understand that.
• I'm trying to put the burden on the taxing authority to be a better fiduciary steward of the taxpayer
• So I think it's, I'm trying to put the burden on the taxing authority to be a better fiduciary steward
• The last thing I would say is, I think that fiduciary responsibility belongs to those members on those

Summary: The Ways and Means Committee met on March 26 and first reported favorably HB 287, which renews the Louisiana Tax Commission’s authority to levy certain fees used to fund its operations. The author and Tax Commission representatives said the fee supports the commission’s appeals and assessment work and is not a new charge. The committee then adopted a technical amendment and reported HB 553 favorably as amended; that bill expands the Assessor Certification Program Committee from 5 to 11 members and adjusts education and recertification requirements for assessors. The committee then took up HB 412, a constitutional amendment on property assessment and reappraisal. After an amendment in concept was adopted to remove the bill’s proposed 30-year homestead exemption, members questioned the remaining provisions, which would tie annual assessment growth to CPI and move the reassessment cycle from four years to five. The author, assessors, and local government representatives debated whether the proposal would create predictable tax growth or instead leave many properties assessed below market value and shift burdens to businesses and local services. The author ultimately voluntarily deferred HB 412 and its companion HB 340 for further work. Members next heard HB 514 and HB 961, both senior-property-tax measures, but both were voluntarily deferred after brief discussion and technical amendments. HB 514 would have created an optional additional homestead exemption for certain homeowners age 65 and older, phased in over time and tied to income and a surviving-spouse provision; HB 961 would have extended related eligibility to certain trusts. The committee also deferred HB 515, 543, and 540 to future meetings. Finally, the committee favorably reported HB 521 and HB 570, both dealing with millage and reassessment rules. Supporters, including local government and industry groups, argued the bills would give taxing authorities more flexibility to avoid being forced to levy the maximum millage simply to preserve future authority. Assessors and local officials explained current reassessment and roll-forward rules, while the author said the bills would reduce pressure to overtax residents and businesses. HB 521 was reported favorably, and HB 570 was reported favorably as amended after adoption of a six-part amendment set, mostly technical changes.

Transcript Highlights:

• authority involving the general fund, focusing only on the pension systems managed by professional fiduciaries
• But I would hope that our pension systems and we trust those who have the fiduciary knowledge to make
• But I want our fiduciaries to make sure that they're...
• It's about flexibility and fiduciary discretion. I respectfully ask for your support.

Bills: SB1302 , SB1389 , SB1401 , SB1776 , SB1809 , SB1858 , SB1985 , SB2053 , SB2148

Committee: Senate Revenue and Taxation

Keywords: income tax, tax rates, revenue certification, Oklahoma Tax Commission, state budget, education, tax credit, school choice, private school, tuition assistance, income limits, parental choice, accreditation, insurance, taxation, premium, home office credit, healthcare, teacher tax credit, income tax credit

Transcript Highlights:

• They have a fiduciary duty, as you heard, to their investors.
• They have a fiduciary duty, as you heard, to their investors.
• </c> vote with the people we have a fiduciary vote with the people we have a fiduciary duty<01:46:12.719
• duty</c><01:46:14.960><c> to</c><01:46:15.040><c> their</c> have a fiduciary duty to their have a fiduciary
• They have a fiduciary duty as rateayers.

Bills: HF4059 , HF76

Committee: House Energy Finance and Policy

Keywords: climate change, greenhouse gas emissions, financing, sustainability, environmental policy, renewable energy, Minnesota Climate Innovation Financing Authority, earned incentive release credit, release credits, supervised release, corrections, Minnesota Department of Corrections, sentence reduction, good time, prison time, incarceration, violent offenses, murder, criminal sexual conduct, sex offenses

Transcript Highlights:

• Hathi, has fiduciary responsibilities as the governing body member.
• And I, as superintendent, and my senior leadership team, have fiduciary responsibilities of disclosure
• The governing body is to discharge the oversight and fiduciary responsibilities, test our assumptions
• The governing body is to discharge the oversight and fiduciary responsibilities, test our assumptions
• The governing body is to discharge the oversight and fiduciary responsibilities, test our assumptions

Summary: The joint Senate and House Behavioral Health committees held an informational meeting focused first on the Oregon State Hospital (OSH). OHA Director Sajal Hathi introduced the hospital’s incoming permanent superintendent, Sean Murphy, and praised interim superintendent Jim Deagle for stabilizing operations, restoring CMS compliance, and helping drive a culture change centered on safety, accountability, and transparency. Deagle and Chief Medical Officer Dr. Amit Bavon described OSH’s role as the state’s highest-level forensic psychiatric hospital, the patient populations it serves, its partnerships with courts, counties, jails, hospitals, and advocates, and recent leadership changes across the hospital. They also reported improved accreditation and regulatory status, including Joint Commission accreditation and CMS compliance, and said the hospital is now using daily safety huddles, incident review meetings, stronger escalation procedures, and revised seclusion/restraint practices to reduce risk and improve oversight. Members pressed hospital leaders on past seclusion practices, asking how prolonged seclusions could have occurred under federal standards. Leaders said they could not explain past decisions but emphasized that current leadership has changed processes, training, reporting, and oversight so that seclusion and restraint are reviewed in real time and cannot be normalized. Questions also covered staffing, falls, and future planning. OSH said it is generally staffed to budget, though it still has RN and mental health technician vacancies and is working on recruitment, training, and better staffing distribution. Hathi said the hospital is building a public dashboard with key performance and safety metrics, including workforce data, and described the long-term goal as a consistently safe, disciplined, high-functioning institution that responds quickly to mistakes and remains accountable to the public. The committee then shifted to an informational overview of civil commitment. Oregon Judicial Department representative Chanah Newell explained the civil commitment process, including who can initiate it, the role of community mental health providers and courts, the five-day timeline to hearing, and the standards for danger to self, danger to others, and inability to meet basic needs. She summarized changes made in House Bill 2005, including revised statutory language and new provisions allowing a second diversion period, but cautioned that the data are too early to show clear trends. Testimony from NAMI Oregon’s Chris Bonif and psychiatrist Dr. Stephanie Lopez argued that Oregon still relies too heavily on jails and state hospital commitments because the broader community system lacks enough treatment, housing, and less restrictive alternatives. They urged the legislature to focus on upstream services, supported housing, and possible outpatient commitment tools so people can receive treatment before reaching crisis. The meeting ended with acknowledgment that additional reports and follow-up discussions are expected, including on residential treatment capacity and related behavioral health system reforms.

Transcript Highlights:

• Hothi has fiduciary responsibilities as the governing body member.
• And I, as superintendent, and my senior leadership team, have fiduciary responsibilities of disclosure
• We have fiduciary responsibilities of disclosure and transparency: no secrets, no surprises, regular
• The governing body is to discharge the oversight and fiduciary responsibilities, test our assumptions
• , the oversight and fiduciary responsibilities, test our assumptions, which is helpful for leadership

Summary: The joint Senate and House Behavioral Health committee met for informational presentations on the Oregon State Hospital and civil commitment, followed by a planned tour of the hospital. Oregon Health Authority and Oregon State Hospital leaders reported that Sean Murphy will become the next permanent superintendent on July 13, with Sarah Castle to follow as permanent chief nursing officer on July 20. They described recent leadership turnover, a major organizational restructure, and efforts to build a culture of safety, transparency, and accountability. Officials said the hospital regained Joint Commission accreditation and CMS compliance, and they highlighted daily safety huddles, incident review processes, stronger escalation procedures, and improved management of seclusion and restraint. Committee members pressed hospital leaders on past prolonged seclusion practices, falls, staffing, and the need for better public reporting; OHA said it is building a public dashboard of key safety and workforce metrics. The committee then heard a civil commitment overview from the Oregon Judicial Department. The presenter explained that civil commitment is a separate legal process from criminal cases, usually beginning with a hospital hold, investigation, court review, appointed counsel, and a hearing within five days. She summarized changes made in House Bill 2005, including revised standards for danger to self, danger to others, and basic-needs commitments, plus a second 14-day diversion option. She cautioned that the new law has only been in effect since January and that it is too early to draw firm conclusions from the data, though there has been a recent uptick in commitments and a decrease in diversions. Testimony from NAMI Oregon and a forensic psychiatrist emphasized that Oregon still relies too heavily on jails and state hospitals because community services, housing, and outpatient supports are insufficient. They argued that the state needs more less-restrictive alternatives, including better use of assisted outpatient treatment or outpatient civil commitment, and more supported housing so people do not cycle between homelessness, incarceration, and hospitalization. A family member described a relative remaining psychotic in jail for more than 120 days before ending up back at the state hospital, urging faster intervention and better collaboration among courts, counties, hospitals, and state agencies. Committee members and witnesses also discussed workforce shortages, the expansion of secure residential treatment beds, and the need for broader system reforms beyond the hospital itself.

Transcript Highlights:

• Under Florida law, the SBA holds a fiduciary duty, subject to the highest duty of loyalty and prudence
• , and as part of this fiduciary duty...
• The SBA holds a fiduciary duty, subject to the highest duty of loyalty and prudence, and as part of this
• fiduciary duty when making any investment decision, we are bound to maximize financial return while
• legislature passed and the governor signed into law House Bill 3, adding further requirements to our fiduciary

Committee: Senate Governmental Oversight and Accountability

Summary: The Committee on Governmental Oversight and Accountability met with a quorum present and took up two bills and one presentation. Senate Bill 108, on administrative procedures, was presented by Senator Burgess on behalf of Senator Grall. The bill would require agencies to systematically review rules over five years old, submit annual regulatory plans and reports, and take action on reviewed rules; it also would speed publication of proposed rules after new rulemaking authority and expand transparency for incorporated materials and rule histories. Americans for Prosperity appeared in support, there was no debate, and the bill was reported favorably on a roll call vote. The committee then heard a presentation from State Board of Administration Executive Director Chris Spencer on implementation of statutory investment restrictions affecting state funds. He reviewed the SBA’s structure and fiduciary duties, said the agency must maximize financial return using only pecuniary factors, and described the Protecting Florida’s Investments Act restrictions involving Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He noted recent changes, including expanded Iran restrictions after the October 7 attacks, the addition of China-related divestment requirements, and the SBA’s move to eliminate China and Hong Kong from its global equity benchmarks; he said the agency is ahead of schedule on required divestment and in compliance with the law. Senate Bill 100, on display of flags by governmental entities, was then presented by Chair Fine. The bill would prohibit political flags on government buildings and allow active-duty service members and veterans to use reasonable force to stop flag desecration. The committee heard extensive public testimony, with supporters arguing government buildings should not display political messages and opponents raising First Amendment, vagueness, and enforcement concerns, especially regarding LGBTQ-related flags and school settings. Senators also questioned the bill’s definitions and the reasonable-force provision. After debate, the committee voted to report SB 100 favorably, with Senators Arrington and Polsky voting no and Senators Brodeur, McClain, Rodriguez, Fine, and Chair DeSiglie voting yes. At the end of the meeting, Senator Rodriguez was recorded as voting yes on SB 108, and the committee adjourned.

Transcript Highlights:

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• We have to be good fiduciaries, make sure that any increase is going to be fully funded and that we're
• </c><01:15:11.159><c> make</c><01:15:11.320><c> sure</c> have to be good fiduciaries make sure have to