Video & Transcript Research : 'voidable transactions'
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HI
Hawaii 2025 Regular Session
CPC Info Briefing - Wed Dec 3, 2025 @ 10:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- All of transaction. Um it's transparent.
- or walk you through what a transaction or walk you through what a transaction would<00:52:20.559
- And then we file currency transaction reports for transactions over $10,000, just like banks do.
- believe if it if it's a bank transaction believe if it if it's a bank transaction that<01:30:17.600
- was performed as well as the timing of your transaction that you performed the transaction.
Summary:
The committee held an informational briefing on fraud in the community, with presenters from ARP, CoinFlip, HPD, the Hawaii Bankers Association, DCCA’s Office of Consumer Protection, and the Department of Law Enforcement. The chair described widespread scams targeting kupuna and other residents, including impersonation of grandchildren, lottery/inheritance schemes, romance scams, online shopping fraud, investment scams, and tech-support scams. Members emphasized the emotional manipulation used by scammers, the difficulty of getting victims to report losses, and the need to educate the public on warning signs and available resources.
ARP said scams are an epidemic and highlighted national data showing major losses among older adults, including $4.8 billion lost by people age 60 and over in 2024. ARP focused especially on cryptocurrency kiosks as a growing scam channel in Hawaii, citing 64 complaints totaling $922,000 in 2024 and noting that complaints nearly doubled from the prior year. ARP urged stronger safeguards such as limits on transactions, refunds, live customer support, and a law-enforcement contact for operators, and said its Fraud Watch Network can help victims freeze credit, identify next steps, and track current scams. The chair said he intends to introduce legislation to lower and ultimately eliminate the amount of Bitcoin that can be purchased through ATMs.
CoinFlip said it supports consumer-protection regulation and described its compliance practices, including scam warning screens, anti-money-laundering controls, blockchain analytics, wallet pinning, transaction monitoring, and cooperation with law enforcement. The company said it is registered as a money services business, files suspicious activity and currency transaction reports, and holds money transmitter licenses in many jurisdictions. It also pointed to Illinois-style refund protections for new users and said it refunds fees to scam victims, though not the underlying funds. In response to committee questions, members and the company discussed whether crypto kiosks are necessary, how scams can be traced, and whether banks and kiosks can better intervene when suspicious activity is detected.
DE
Delaware 2025-2026 Regular Session
Senate Banking, Business, Insurance & Technology Committee Meeting Jun 24th, 2026
Banking, Business, Insurance & Technology
Transcript Highlights:
- , as opposed to just the ATM transactions.
- People who have had good transactions don't contact you.
- Association says that 94% of our transactions are fraud.
- People who have had good transactions don't contact you.
- Fees can be well over 20% of the underlying transaction.
Bills:
HB373
Keywords:
infused beverages, THC, alcohol control, regulation, non-intoxicating cannabinoids, marijuana, legalization, taxation
Summary:
The Senate Banking, Business, Insurance & Technology Committee met in hybrid format and heard testimony on several bills. HB 373, as amended, would regulate hemp-derived THC-infused beverages by defining the products, limiting them to 10 mg of Delta-9 THC per container, restricting sales to package stores and licensed marijuana retail stores, requiring testing and labeling, and imposing a 50-cent per container tax; the sponsor said the bill is intended to create guardrails and protect youth, and a wholesaler representative testified in support. HB 398 would allow racinos to serve alcohol until 2 a.m. and remove local authority to require earlier closing times; the sponsor and Bally’s representative said it would help Delaware remain competitive and increase revenue, and no opposition was heard. HB 433 would let municipalities and counties extend last call for bars, restaurants, and clubs from 1 a.m. to 2 a.m.; a witness from Connect Delaware supported it as a competitiveness and retention measure, emphasizing that it is permissive rather than mandatory.
The committee also heard extensive testimony on HB 441, which would ban cryptocurrency kiosks/crypto ATMs in Delaware and require existing machines to be removed within 90 days. The sponsor and supporters, including AARP, the Delaware Department of Justice, and the League of Women Voters, argued the machines are heavily used in scams, especially against older adults, and that regulation has not been effective. CoinFlip opposed the bill, saying it is a regulated operator, that the fraud statistics are overstated or incomplete, and that Delaware should instead adopt a regulatory framework and amendment. HB 465 would update the criminal code to formally define virtual currency and incorporate it into theft, money laundering, racketeering, and search-and-seizure provisions; the sponsor said it would align Delaware law with modern crypto-related crimes, and no opposition was presented.
The committee then heard HB 467, which would prevent landlords from requiring renters to buy insurance from a specific company while still allowing them to require coverage meeting lease terms; the sponsor described it as a consumer-choice bill and there was no public opposition. HB 435 would require payment parity for certified registered nurse anesthetists and physicians when the same services are provided; the sponsor, nurse anesthetists, the Delaware Health Care Association, the Department of Insurance, and ChristianaCare supported it as a workforce and access-to-care measure, with no opposition. Finally, HS 1 for HB 450, the Road DE Act, would overhaul permitting and traffic-impact review, emphasize peak-hour traffic, set density standards in growth areas, create a transportation impact fee, and direct some revenue to open space, farmland, and coastal restoration; realtors, builders, environmental groups, engineers, and GEAR supported it as a way to speed permitting, reduce sprawl, and improve infrastructure planning. The committee adjourned after public comment; no votes were recorded in the transcript.
AL
Alabama 2026 1st Special Session
Alabama House Financial Services Committee Mar 18th, 2026
Financial Services
Transcript Highlights:
- The bill requires reporting of suspicious cash transactions of $2,000 or more, cash transactions of $10,000
- on certain international transactions on certain international transactions and<00:07:14.240>
- The bill records of those transactions.
- of 2,000 or more, cash transactions of 2,000 or more, cash transactions<00:08:06.240>
of <00:08 - , >> Usually those types of transactions, >> Usually those types of transactions, you're
Bills:
HB585
Keywords:
Washington County, circuit clerk, compensation, county government, local legislation, 1136, house, all
AL
Alabama 2026 1st Special Session
Alabama House Boards, Agencies and Commissions Committee Mar 11th, 2026
Boards, Agencies and Commissions
Transcript Highlights:
- Uh, there's so many nuances that go into a real estate transaction.
- And this is the largest transaction.
- So if the transaction goes ary, state.
- transaction transaction um<00:16:38.959>
still <00:16:39.199>have <00:16:39.360>to< - “It’s yours to transact how you see fit.”
Keywords:
cannabis, psychoactive cannabinoids, CBD, delta-8 THC, delta-9 THC, delta-10 THC, criminal penalties, youth protection, medical cannabis, HB586, Cullman, Cullman County, City of Cullman, annexation, municipal boundaries, corporate limits, local legislation, boundary adjustment, city limits, municipal expansion
KY
Kentucky 2026 Regular Session
Capital Projects and Bond Oversight Committee - (5-21-26) - Part 2
Transcript Highlights:
- This will be a negotiated transaction with Bank of America as senior manager.
- This will be a negotiated transaction This will be a negotiated transaction with<00:26:45.920>
- This was a competitive transaction, which sold on April 1, 2026, and closed on April 22, 2026.
- 19.080>
uh This transaction funded certain uh This transaction funded certain uh refunded<00:29- The first SFCC transaction for the committee's approval is Campbell County for $74,240,000.
Keywords:
The live stream ended prematurely due to a network issue. A full recording will be uploaded as soon as possible, 958, all
Summary:
The committee first discussed and approved a new airport-related project involving two 60-by-80 corporate hangars. Members asked about how the project would generate revenue, and staff explained that hangar rent and fuel sales would help repay the costs, with more than half of the funding coming from the FAA. The project was approved by roll call vote.
The committee then approved two large capital pool projects: a $1,715,120 roof replacement and skylight project for the Libraries and Archives building in Frankfort, and a $2,105,400 exterior renovation project for several state buildings, including Health and Family Services, the Kentucky History Center, and the State Office Building. After that, the Kentucky Infrastructure Authority presented one loan increase and five grant reallocations. The loan increase was for Springfield’s wastewater treatment plant project, rising by $262,300 to just over $2.88 million because bids came in higher than estimated. Members asked about the delay between approval and bidding, and staff explained the design, environmental review, and state approval process can take one to two years. The committee approved the six action items, and then received informational updates on additional water projects that required no action.
The Cabinet for Economic Development next presented one forgivable loan and 11 KPDI/KPDI EDF grant projects. The loan was a $1 million forgivable loan for the Perry County Economic Development Board to acquire the Coalfields Industrial Building, with repayment forgivable if a project creates at least 75 jobs. The grant projects included site-readiness and industrial development work in Pendleton, Elizabethtown/Hardin, McCreary, Floyd, Marion, Fleming, Graves, Eddyville/Lyon, Caldwell, Mercer, and Johnson counties. Members asked how local match percentages are set and were told they are based on county population and updated every two years; staff also explained that beneficiaries usually provide the match and are reimbursed after submitting costs. The committee approved the action items.
Finally, the Office of Financial Management presented two new debt issues and three SFCC debt issues. The new debt items were a Kentucky Housing Corporation bond authorization of up to $600 million for single-family mortgage revenue bonds, including a $100 million initial transaction, and a $5.5 million multifamily conduit bond for 98 apartments in Lexington. Informational items covered University of Kentucky refunding bonds and Turnpike Authority refunding bonds, both of which produced savings. The three SFCC debt issues for Campbell, Edmonson, and Perry counties were then approved by roll call vote. The meeting ended with brief discussion of the upcoming calendar and scheduling before adjournment.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Consumer Protection and Professional Licensure Jun 21st, 2026 at 01:00 pm
Joint Committee on Consumer Protection and Professional Licensure
Transcript Highlights:
- So, for example, if a transaction totaled $10.52, it would be rounded down and the customer would pay
- If the transaction total was $10.53, then it would be rounded up and the consumer would pay $10.55.
- transactions, and it makes it clear through the state so it's no longer arbitrary through businesses
- The rounding only happens in the instance where it's a cash transaction and you're supplying change.
- In busy, quick-service and fast-casual environments, even a few seconds per transaction can compound
Summary:
The Joint Committee on Consumer Protection and Professional Licensure held a public hearing on two bills: House Bill 5138, concerning consumer protections for cash transactions amid penny scarcity, and House Bill 5036, concerning consumer information related to tariffs. Chairs Tackey Chan and Senator Payano opened the hearing, noted the committee’s one-year anniversary, reviewed procedures, and explained that the Senate and House were both in session, with Senator Payano prepared to take over if needed. The committee heard from several industry and legislative witnesses, and the hearing was eventually closed by motion and voice vote.
Supporters of H. 5138, including Senator Paul Feeney, the Massachusetts Package Stores Association, the Massachusetts Restaurant Association, and the New England Convenience Store and Energy Marketers Association, said the bill would create a clear statewide rounding standard for cash transactions if pennies become scarce. They argued it would improve operational efficiency, reduce confusion, provide legal clarity, and protect businesses and consumers by requiring notice and limiting the rule to cash payments. The Retailers Association of Massachusetts also supported the concept but suggested amendments, including changing mandatory rounding language to allow flexibility and clarifying that taxes and fees would not be affected.
Witnesses were largely opposed to H. 5036. The Retailers Association, the New England Convenience Store and Energy Marketers Association, and the Massachusetts State Auto Dealers Association said tariff-related shelf or price disclosures would be difficult or impossible to implement because tariff costs change frequently and are hard to trace through complex supply chains. Auto dealers emphasized the challenge of calculating tariff impacts across thousands of vehicle parts and models, while retailers said the proposal would add burdens and could increase costs. No votes on the bills were taken during the hearing; the only formal action was adjournment of the hearing after testimony concluded.
NM
New Mexico 2025 Regular Session
House - Commerce and Economic Development Feb 3rd, 2025
House Commerce & Economic Development Committee
Transcript Highlights:
- So one, we're adding language to say a fee or fees per transaction cannot come in above $7.50.
- That's page 29, like we're establishing a transaction fee; you can't slide other fees in here.
- What should we cap these providers at per transaction?
- It is a one-time fee for her transaction. Thank you for that, Madam Chair.
- It intrigues me that... ...that there’s a tip in a transaction of this nature.
UT
Utah 2025 2nd Special Session
Law Enforcement and Criminal Justice Interim Committee - November 19, 2025
Law Enforcement and Criminal Justice Interim Committee
Transcript Highlights:
- Section 3 sets transaction limits: it caps individual transactions at $1,000 per customer per day and
- caps cumulative transactions at $2,000 for customers with fewer than five prior transactions.
- for any transaction that's above $2,000.
- The transaction limit, on the other hand, is a different question.
- And so if you set a transaction... ...called for any suspicious transaction over $2,000.
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 25, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- Uh, put transaction limits on, you know, daily transactions, maybe for nonboarded customers and then
- a cash transaction, debit card transaction,<00:17:19.760>
all <00:17:19.919>wallet <00: - 17:20.400>
addresses <00:17:20.799>that transaction, all wallet addresses that transaction - That was multiple transactions.
- <00:32:23.440>
But transactions on our cell phones. But transactions on our cell phones.
FL
Florida 2025 Regular Session
March 13, 2025 - 01:00 PM
Transcript Highlights:
- Are there any caps on those transactions? You are recognized. Thank you, Mr. Chairman.
- if that bank sees a nefarious transaction occurring.
- They don't transact with a bank. There's no transaction between the kiosks and a bank.
- They've got—they look at transactions and put freezes on them.
- Legitimate transactions are not unfairly frozen or delayed. You're recognized?
Summary:
The committee met with a quorum and heard five bills. HB 1097 would rename the Florida Catastrophic Storm Center at FSU as the Florida Center for Excellence in Insurance and Risk Management, transfer the public hurricane loss projection model from FIU to FSU, and provide recurring and nonrecurring appropriations to support independent insurance research and collaboration with OIR and other universities. Members discussed university roles, model oversight, independence from industry funding, and student/workforce benefits. The bill passed favorably on a roll call vote.
HB 319 would create a regulatory framework for virtual currency kiosk businesses, requiring registration with the Office of Financial Regulation, consumer disclosures, and penalties for violations. Much of the discussion focused on fraud prevention, especially for seniors, and whether the bill should include transaction caps or stronger recovery tools; AARP supported the bill but urged additional protections. The bill passed favorably. CS/HB 385 made technical changes to the Florida Trust Code and Community Property Trust Act, including decanting, trustee claims, redemption by satisfaction, and homestead transfer treatment; an amendment conforming to the Senate version was adopted, and the bill passed favorably.
CS/HB 97 would allow service of process for exploitation injunctions against unascertainable scammers through the same communication method used to contact the victim, such as text or social media, and would let courts freeze funds temporarily while the matter is heard. Testimony from elder law practitioners and AARP supported the bill as a tool against scams, while some members raised due process and overreach concerns; the bill passed favorably. HB 839 would shorten the overpayment recovery window for claims submitted to psychologists and HMOs to match other health providers, with the goal of improving parity and access to mental health care; an amendment was adopted, and the bill passed favorably. The meeting concluded with adjournment after the final roll call votes.
TX
Transcript Highlights:
- All along, keep in mind the highly sensitive nature of a lot of these. transactions.
- If somebody participates in that by closing the transaction to a covered ...
- The end result will be the closings of these transactions will be delayed.
- How do you, as somebody who closes those transactions, what are you, what must you be giving?
- with critical technology. and only two notices that were related to real estate transactions.
Bills:
HB256, HB1308, HB1554, HB1743, HB2308, HB2351, HB2858, HB3676, HB3784, HB4312, HB4552, HB4823, HB4852, HB5007, HB5010, HB5520, HB5524, HCR19, HB256, HCR19
Keywords:
E-verify, employment verification, illegal employment, state contracts, government entities, license suspension, immigration compliance, state grant funding, E-Verify, compliance, penalties, immigration, government contracts, employee status, state contractors, E-verify program, legally present, employment practices, legal services, public money
AZ
Transcript Highlights:
- So there is a transactional fee. There is a transactional fee. Mr.
- So each transaction is its own individual transaction, but there's no compounding.
- So each transaction is its own individual transaction, but there's no compounding.
- I can’t complete that transaction.
- I'm trying to explain that with all the transaction fees, by the time you add up those transaction fees
Bills:
HB2118, HB2181, HB2308, HB2309, HB2402, HB2476, HB2682, HB2698, HB2875, HB2877, HB2903, HB2910
Keywords:
mobile food vendors, licensure, food safety, statewide regulations, health standards, zoning, temporary vendors, HB2181, death certificate, death certificates, vital records, funeral establishment, funeral home, human remains, medical certification of death, death registration, state registrar, local registrar, county medical examiner, alternate medical examiner
Summary:
The House Commerce Committee heard and advanced several bills. HB 2181, as amended, would extend the deadline for funeral establishments to submit death certificates from 7 days to a maximum of 14 days and clarify that a provider’s medical certification period excludes weekends and holidays. The sponsor and a mortuary owner testified that the current timeline is often difficult to meet because of weekends, holidays, doctor availability, county delays, and family circumstances. Several members said the bill did not fully address the underlying compliance problems, but the committee adopted the amendment and passed the bill 6-4-1.
HB 2682 would create a DES rental assistance program offering up to two months or $5,000 in aid, with a $5 million general fund appropriation for administration. The sponsor and a tenant advocate described the bill as a short-term bridge to prevent eviction and homelessness, while an industry representative said rental assistance is an effective early intervention tool. Some members raised concerns about limiting eligibility to households with children and about program administration, but the bill passed 7-4. HB 2698 would create a rental assistance study committee to evaluate program effectiveness and repeal in 2028; it passed on a 7-4 vote.
HB 2476 would revise CPA certification and reciprocity requirements, creating multiple pathways to licensure and updating related rules and fees. Supporters said it would help address a CPA shortage and align Arizona with other states; after clarification from the sponsor and the State Board of Accountancy, the committee passed it unanimously, 11-0. The committee then heard HB 2308, which would bar dental insurers and certain holding companies from owning dental practices; the Arizona Dental Association supported it as a safeguard against vertical integration, while Delta Dental opposed it as overbroad and burdensome. The bill passed 8-0-3. Finally, the committee began hearing HB 2118 on mobile food vendors and local permitting, with the sponsor and food truck operators arguing for streamlined county/state licensing and reduced local duplication, while a vendor representative warned the proposal could affect existing local ordinances and private-property vendors.
VT
Transcript Highlights:
- the an instantaneous track transaction the an instantaneous track transaction is<00:14:46.160>
- these types of transactions. these types of transactions.
- Is the daily such transactions.
- >
transactions. - The key definitions are factoring transactions and sale-based financing transactions.
Summary:
The House opened with a devotional reading by Theo Novak, a student and Vermont Poetry Out Loud finalist, followed by several announcements, including a welcome for the guest speaker and a reminder about a freshman legislator gathering and the day’s corporate cup road closures. The House then postponed action for one legislative day on Senate Bill 208, relating to law enforcement identification; Senate Bill 212, relating to portable water supply and wastewater system connections; and House Bill 639, relating to genetic data privacy.
The main floor action centered on House Bill 648, banking, insurance, and securities. The Commerce and Economic Development Committee presented Senate amendments and its own further amendments, including clarifications to consumer reinvestment reporting and a proposal to extend and then effectively end the moratorium on new cryptocurrency kiosks in Vermont. The committee described extensive testimony and data on crypto kiosk fraud, money laundering, and consumer losses, and also added a new licensing framework for merchant cash advance providers. Ways and Means reported the fiscal impact would be very small. After a brief question about the $1 million exemption threshold for commercial financing, the House concurred in the Senate proposal of amendment with further amendment thereto.
The House also passed Senate Bill 243, distributing funds to the Vermont Language Justice Project, in concurrence with proposal of amendment. It then took up Senate Bill 198, regulating tobacco products and tobacco substitutes. The Commerce and Economic Development Committee described updates to the definition of tobacco substitutes, creation of a wholesale licensing system under the Department of Liquor and Lottery, tighter controls on online sales, and bans on deceptive products that resemble school supplies, food, smartphones, inhalers, or video games. The committee heard testimony from health, enforcement, industry, and advocacy witnesses and voted 11-0 in favor. Human Services then proposed a strike-all amendment to the committee report, with further consideration to continue.
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-04-09
State Government Finance and Policy
Transcript Highlights:
- as I understand it, those transactions as I understand it, those transactions are<00:37:56.920><
- it's they're owed a refund or, excuse me, the transaction, if there's a total transaction amount of
- transactions transactions that<00:40:16.240>
round <00:40:16.760>down. - it's an amount of the total transaction. it's an amount of the total transaction.
- And so, I ask for cash transactions.
Keywords:
Central and Eastern European Affairs, ethnic council, advisory council, Minnesota state government, immigrant communities, refugees, humanitarian parolees, Ukraine, Poland, Croatia, Hungary, Moldova, Romania, Serbia, Czech Republic, Baltic states, Slovakia, Slovenia, Kosovo, Russia
Summary:
The committee first approved the April 7, 2026 minutes and then held an informal hearing on House File 4364, which would establish a Central and Eastern European Ethnic Council in Minnesota. Representative Jordan and testifiers Mykola Mager and Julia Miller described the large Central and Eastern European community in Minnesota, its contributions to the state, and the need for a formal advisory body to help address barriers to government services, support refugees, workforce development, entrepreneurship, and cultural understanding. Members expressed general support and noted the bill’s importance, but no formal action was taken on the bill during the hearing.
The committee then took up House File 4543, a bill to create a centralized payroll reporting portal for prevailing wage projects. Representative Frazier said the bill would reduce administrative burden on project owners, improve transparency and accountability, and help prevent wage theft, misclassification, tax fraud, and insurance fraud. Testifiers from county, city, and contractor groups largely supported the idea of streamlining reporting, but contractor representatives raised concerns about employee data privacy, public access to sensitive payroll information, duplication of existing systems, interoperability with contractor software, and the need for stakeholder engagement. Members echoed both support and caution, and the bill was laid over as amended rather than advanced.
Finally, the committee considered House File 4821, described by Chair Klevorn as addressing the “penny problem” and a related change to high-deductible insurance plans. The bill would authorize state agencies to round cash transactions because of the penny shortage and would change MMB’s obligation to offer certain high-deductible health plans from “must” to “may,” producing modest administrative savings. Members questioned the drafting of the rounding language and asked about cash transactions at state agencies and the handling of cannabis tax payments. The chair noted the bill had missed the deadline and would be caught by the chief clerk’s office; the discussion ended with the bill being laid over as amended.
HI
Hawaii 2025 Regular Session
CPC Public Hearing - Wed Mar 12, 2025 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- At a point-of-sale debit card transaction, it's a one-time thing, so the transaction gets rejected.
- The $5 wouldn't be assessed if the transaction is approved. It'll go right through.
- Okay, at $5 a transaction, that seems really high for the use of it.
- I... transaction it's a one-time thing so the transaction it's a one-time thing so the transaction<00
- be assessed if the transaction wouldn't be assessed if the transaction is<00:25:25.039>
approved<
Summary:
The Committee on Consumer Protection and Commerce met on March 12, 2025, and heard testimony on several bills, with most measures drawing support from state boards, agencies, and industry groups. SB 102 (restaurants) had one supportive testifier and no questions. SB 1367 SD1 (installment loans) drew support from DCCA and other boards, but the chair raised concerns about a proposed $5 debit-card convenience fee, saying it seemed high and suggesting it might be amended downward; DCCA said it would check with industry on the likely impact. SB 1373 SD2 (administrative licensure action against sex offenders) received broad support from DCCA and multiple professional licensing boards, including psychology, physical therapy, naturopathic medicine, chiropractic, dentistry, massage therapy, nursing, optometry, barbering and cosmetology, the Hawaii Medical Board, and HPD.
The committee then heard SB 1142 SD1 (insurance proceeds), which was supported by DCCA, the Council for Native Hawaiian Advancement, AARP, Hawaiʻi Realtors, and the Hawaiʻi Insurers Council, while State Farm offered comments and the Hawaii Bankers Association opposed. Testimony focused on insurance access after the Lahaina wildfires and the need to address underinsured homeowners. The committee also discussed SB 144 SD2 (stabilization of property insurance), with support from the Hawaii Green Infrastructure Authority, AARP, Hawaiʻi Realtors, and the Hawaiʻi Insurers Council, and comments from the Attorney General and DCCA Insurance Division about revising the financing structure and correcting bill language. Opponents and reservationed supporters argued the bill may not help if applicants can still obtain coverage at very high prices, while supporters said it would expand market capacity and provide a safety net as climate-related losses continue.
Finally, SB 253 SD2 (condominium reserves) received support from Hawaiʻi Realtors, CI, and several individual testifiers. Supporters said it would enforce existing disclosure requirements under Act 199 and improve reserve funding transparency, while one individual argued stronger enforcement and an ombudsman-style office would be more effective. The chair reminded testifiers to stay on the bill at hand. No votes or final committee actions were taken during the portion of the meeting reflected in the transcript.
MN
Minnesota 2025-2026 Regular Session
Minnesota House OKs omnibus commerce bill that includes cryptocurrency kiosk ban 4/23/26
Minnesota House Floor Meeting
Transcript Highlights:
- So, it clarifies when the transaction is considered a Minnesota transaction, defines its regulatory jurisdiction
- So it tracks scrap metal transactions to um stop illegal activity.
- So, it clarifies when the transactions.
- >
a <00:03:12.080>Minnesota transaction is considered a Minnesota transaction is considered - transaction, defines its regulatory transaction, defines its regulatory jurisdiction,<00:03:15.280
Summary:
House File 4188, the commerce omnibus policy bill, was presented as a consumer-protection measure covering several areas: a statewide ban on crypto ATMs/kiosks beginning August 1, 2026; new recordkeeping and complaint-handling requirements; student loan borrower protections; restrictions on deceptive insurance advertising and insurance lead generators; bullion dealer jurisdiction clarifications; appraisal and appraisal management reporting requirements; scrap metal transaction tracking; collection agency clarifications; and unclaimed property improvements. The bill author said the overall goal was to address real consumer harm, especially scams and transparency issues.
Representative O'Driscoll urged adoption of the A3 amendment, explaining that it removed tax provisions that had come late in the process and could be handled in the tax bill instead. The amendment was adopted without objection. During floor debate on the bill, Representative Roach opposed the crypto kiosk ban, saying the state could regulate fraud without eliminating the machines entirely. Representative O'Driscoll defended the ban as necessary to protect older and vulnerable Minnesotans from scam tactics, and Representative McDonald raised concerns about a separate scrap metal licensing provision and a $500 late fee, which Representative Holland said had been recommended by the Department of Commerce.
After discussion, the bill author reiterated support for the measure and thanked committee and staff members. The House then took a roll call vote and passed House File 4188 as amended by a vote of 122-12, with its title agreed to.
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (04/08/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- transaction made in that fiveday period. transaction made in that fiveday period.
- It's a final transaction.
- about the first transaction. about the first transaction.
- It should apply to transaction.
- that begins when the transaction that begins when the transaction happens.
Summary:
The subcommittee focused primarily on a bill concerning long-term care insurance rate increases and consumer notice. Members and staff discussed replacing or supplementing a proposed public hearing requirement with annual reporting, website updates, and consumer-facing disclosures about approved rate increases, carriers writing the products, and how the products work. Several participants emphasized that long-term care policies are long-term products, that rate increases can be spread over many years for actuarial reasons, and that consumers need better information about trends and the impact of increases.
A major point of disagreement was whether the bill should try to cap premium increases. One member argued the real problem is unexpected increases of 15% to 20% and urged a statutory cap to protect consumers. Insurance department representatives and others responded that hard caps had been struck down in prior case law, that the department’s core responsibility is solvency, and that carriers need sufficient premium to pay future claims. They also said the market is struggling because many carriers stopped selling the product, leaving in-force policies to bear the cost, and that overly restrictive caps could cause insurers to withdraw from the state.
The discussion then shifted toward a compromise requiring carriers to notify policyholders before a rate increase is approved and allowing a 60-day comment period. Participants debated whether the notice should come from the carrier, how confidentiality rules would apply before approval, and what the department should do with public comments. The department said it already reviews filings carefully and that submitted rates are often adjusted before approval; lawmakers noted that prior commissioners had pushed back on increases in some cases, including a seven-year moratorium. No final vote was taken in the excerpt, and the chair repeatedly tried to move the subcommittee along to other bills.
FL
Florida 2026 5th Special Session
Banking and Insurance Jan 28th, 2026
Transcript Highlights:
- The substitute amendment clarifies the daily transaction limit applies whether the transactions are through
- The definition of daily transaction limit is updated accordingly.
- The substitute amendment clarifies the daily transaction limit applies whether the transactions are through
- The transaction limit applies whether the transactions are through one or more virtual currency kiosk
- Notice requirements... ...the transaction be made available.
Summary:
The Senate Committee on Banking and Insurance met with a quorum present and took up a full agenda of bills, beginning with SB 1286 by Sen. Wright. That bill expanded the state recruitment bonus program to include newly employed firefighters, created a DFS grant review panel, and established a PTSD institute within DFS for first-responder behavioral health. Fire chiefs, the Florida League of Cities, and others supported the measure, and the committee reported it favorably.
The committee then considered SB 198 on virtual currency kiosks by Sen. Rousan. A substitute amendment was adopted that clarified daily transaction limits, registration requirements, expiration rules, and OFR authority to deny registrations. Testimony focused on protecting seniors from crypto-ATM scams while giving the industry regulatory certainty. The committee also favorably reported CS/SB 198. Members next approved CS/SB 772, which allows portable electronics limited licensees to sell eyewear insurance, and CS/SB 1504, which updates insurance customer representative licensing pathways by allowing a high school insurance and personal finance course to count toward pre-licensure education.
The committee also favorably reported Sen. Gruters’ CS/SB 1038 and CS/SB 1040, which together create the Florida Strategic Cryptocurrency Reserve and its trust fund framework, and CS/SB 1440, which expands public records exemptions and cybersecurity-related protections for financial institutions, loan originators, money service businesses, and credit unions. Sen. Burton’s SB 1668 on the NICA program drew extensive testimony from a NICA board member and family advocate, who urged stronger funding to preserve lifelong care for catastrophically injured children; the bill was reported favorably despite concerns from the Florida Justice Association about benefit restrictions and retroactivity. Finally, the committee approved CS/SB 570, creating a DFS task force on payment scams, after an amendment reduced FDLE’s required representation. At the end of the meeting, Sen. Burton requested to be recorded in the affirmative on SB 1286, and Sen. Passidomo requested affirmative votes on tabs 3, 5, and 9; the committee then adjourned.
FL
Transcript Highlights:
- It requires refund protections for first-time transactions involved.
- This requires operators to screen transactions against known criminal wallet addresses.
- legitimate use cases for Floridians who may regularly transact in cryptocurrency.
- handful of transactions.
- handful of transactions.
Keywords:
virtual currency, kiosks, money services business, regulation, financial services, consumer protection, cryptocurrency, registration, ADS-B, automatic dependent surveillance-broadcast, aviation, airports, airport fees, landing fees, departure fees, touch-and-go landing, general aviation, pilot privacy, airspace radius, aircraft tracking
Summary:
The committee first postponed SB 1456, then heard SB 1236, which would condition state economic development incentives on employers using secret-ballot union elections and prohibit neutrality agreements. The sponsor argued the bill protects workers from coercion and applies only to companies receiving taxpayer-funded incentives; opponents said it was government interference, likely to hurt contractors, apprenticeships, and business growth, and raised concerns about federal preemption and Attorney General enforcement. After debate, the committee reported SB 1236 favorably on a recorded vote.
The committee then considered CS/SB 198, a measure to regulate cryptocurrency kiosks by requiring operator registration, fraud warnings, transaction limits, blockchain analytics, receipts, and refund protections for certain first-time transactions tied to fraud. Supporters from the banking industry, AARP, and others said the bill would help stop scams that are targeting seniors and vulnerable adults; one industry witness supported the bill but suggested narrowing the limits for existing users and shortening the new-customer period. The committee reported the bill favorably.
Next, the committee took up CS/SB 1356 on dog breeding, pet sales, and breeder registration. The sponsor said the bill is intended to curb puppy mills, improve animal welfare, and add consumer protections, while an amendment removed state oversight of local animal shelters. Pet store representatives supported much of the bill but objected to the three-day waiting period for financed purchases, expanded reimbursement, and unfair trade practice penalties; others argued the bill would add red tape and litigation. The committee adopted the amendment and then reported the bill favorably.
The committee also heard SB 1722 on app stores and minors, which would require age verification, parental consent for minors, app-content disclosures, and enforcement by the Department of Legal Affairs. Supporters said the bill would help parents protect children online; opponents warned it could force collection of sensitive personal data, create privacy and constitutional problems, and duplicate existing parental tools. Members debated the balance between child safety and privacy, and the committee reported the bill favorably. Finally, the committee heard CS/SB 422 on ADS-B aviation data, which would bar use of ADS-B information to calculate certain landing or access fees; an amendment added departures to the restriction. Pilots supported the bill as a safety and privacy measure, while airport representatives opposed it as undermining airport finances and shifting costs. The amendment was adopted, and the hearing on the bill began with testimony from both sides.
MN
Minnesota 2025-2026 Regular Session
Electronic driver's licenses 3/9/26
Minnesota House Floor Meeting
Transcript Highlights:
- Those are all online or virtual transactions that will happen.
- And so right now deputy registrars are paid on a per-transaction fee.
- And so that per transaction fee.
- c><00:20:53.240>
really transaction fee makes it really transaction fee makes it really difficult - <00:21:26.200>
because but isn't based on transactions because but isn't based on transactions
Summary:
The committee took up House File 1335, a bill to authorize Minnesota digital/mobile driver’s licenses and related electronic credentialing. Chair Tapkey moved the bill as amended to Ways and Means, and the committee adopted the A2 author’s amendment changing the effective date. Tapkey described the bill as a modernization measure modeled on other states, intended to add convenience and security for ID checks at bars, restaurants, airports, hotels, and car rentals, while keeping physical IDs in place. Chair Kosnick objected that the bill’s subject matter should be heard in other committees, especially Commerce, Public Safety, and Judiciary, citing privacy and law-enforcement concerns, but the hearing continued.
Several testifiers supported the broader move toward digital credentials and e-titling. Brian McDaniel of the Minnesota Licensed Beverage Association said the hospitality industry supports tools that make it harder for minors to access alcohol, while noting privacy concerns and wanting a role in developing the system. Amanda Doerr of the Minnesota Automobile Dealers Association supported the A3 amendment as an incremental step toward electronic titles and electronic signatures, saying Minnesota is behind other states and that the transition should be gradual. Jim Hurst of the Minnesota Deputy Registrars Association said deputies support moving toward e-titling but raised concerns about liability for fraudulent electronic documents and strongly opposed the A4 revenue-sharing amendment, warning it could put deputy registrars out of business. Sam Krieger, representing private deputy registrars, said the A4 amendment could exclude private deputies and close about half the offices in the state.
Chair Tapkey said the A3 and A4 amendments were intended to improve customer service, digital access, and future title transfers, but after hearing objections, both amendments were withdrawn. The committee then considered the A5 amendment offered by Rep. Anderson, which would bar electronic driver’s licenses for people not lawfully present in the United States. Anderson argued it would prevent issuing credentials to people in the country illegally, including suspected terrorists. Opponents, including Rep. Kegel and Rep. Lucero Nicolai, argued it would create unequal treatment and could wrongly affect refugees or asylum seekers. DVS Director Pong Xiong testified that current applications do not include NCIC checks and that standard credentials are validated through document review rather than broader database screening. The transcript ends amid continued debate over the A5 amendment and related privacy and eligibility questions.