Transcript Highlights:

• you're a foreign-based company that's operating in the U.S., your U.S. company has dollar books and English-language
• They have all the rest of their documents... ...of their worldwide books in different languages, not
• English.

Summary: The Assembly Committee on Revenue and Taxation heard several bills dealing with tax policy, local revenue authority, consumer protections, and incentives for development. AB 1726 would create catastrophe savings accounts for homeowners to save pre-tax dollars for disaster mitigation and recovery costs; it drew support from the Department of Insurance and the California Bankers Association, while the California Teachers Association opposed it because of the General Fund and Prop. 98 impact. The bill was referred to suspense. AB 1768 would authorize Los Angeles and Contra Costa counties to ask voters to approve local transaction and use taxes to offset projected federal funding cuts affecting health care and safety-net services; it received broad support from health providers and county representatives, opposition from one member and a resident, and passed the committee 5-2 to the Assembly Local Government Committee. The committee also considered AB 1790, which would repeal the Waters Edge corporate tax election and require worldwide combined reporting for multinational corporations. The author and supporters argued it would close a loophole, raise several billion dollars annually, and help fund schools, Medi-Cal, and other programs; opponents warned of double taxation, compliance burdens, retaliation from foreign governments, and job losses. After extensive testimony and member debate, the bill was referred to suspense. AB 2020 would provide a full property tax exemption for the primary residence of 100% disabled veterans and surviving spouses, and AB 2069 would create a targeted sales and use tax exemption to spur development projects at fairgrounds; both measures had support from sponsors and related organizations, no opposition, and were referred to suspense. Finally, AB 2705 would regulate third-party “asset finders” who help claim excess proceeds from tax sales by requiring written agreements, disclosure that claims can be filed free with the county, and a cap on fees at 10%. County officials and local government groups supported the bill as a consumer protection measure, while recovery companies and related firms opposed it, arguing the work is complex and the cap would reduce access to services. The committee moved AB 2705 to the Assembly floor on a 4-0 vote.

Transcript Highlights:

• Samson Dunn in English and then Dr. Jose Roberto Montenegro in Spanish.
• First, we have Sandra Smith, and we also have my former English teacher, Danny Barlow, from the junior
• bilingual education, and he makes sure that our community knows that it's a good thing that we know two languages
• bilingual education and he makes sure that our community knows that it's a good thing that we know two languages

Keywords: 1182, all

Transcript Highlights:

• Unfortunately, this bill does not contain language from either my colleague from Hollywood's legislation
• Unfortunately, this bill does not contain language from either my colleague from Hollywood's legislation
• My mom went to school, learned English, and was so proud of learning about our history, and took that
• also repeals the Community Health Worker Certificate, which has been instrumental in helping non-English-speaking

Summary: The Assembly met on June 4, 2025, first establishing a quorum and then moving through a long budget and concurrence session. After procedural motions, the house took up several budget trailer bills and related measures presented by Assembly Member Gabriel. SB 103, a technical budget cleanup bill addressing the Public School System Stabilization Account, a CDCR shortfall, and Middle Class Scholarship funding, passed 52-16. SB 120 on child care and preschool funding passed 65-1; SB 124 on natural resources and wildfire response passed 69-1; SB 127 on climate change and zero-emission transportation passed 53-17; SB 128 on transportation and DMV/LA Olympics implementation passed 53-17; SB 132 on taxation, veterans, wildfire settlements, film tax credits, and housing passed 64-1; SB 141 on cannabis enforcement and illicit market suppression passed 71-1; and SB 142 extending the Deaf and Disabled Telecommunications Program passed 68-1 on both urgency and the measure. The Assembly also approved a motion to re-refer several bills to committees and later suspended rules to take up Senate-amended bills without reference to file. The chamber then considered AB 102, the main budget bill reflecting the final three-party agreement with the Governor. Supporters said it balanced compassion and fiscal responsibility while preserving housing, health care, child care, education, wildfire resilience, and public safety funding. Opponents criticized it for unsustainable spending, insufficient Prop. 36 funding, and other omissions. After extended debate, the Assembly concurred in the Senate amendments by a 55-16 vote and sent the bill to the Governor. The Assembly then concurred in Senate amendments to AB 116 on health care, AB 118 on human services, AB 121 on TK-12 education, AB 123 on higher education, AB 134 on public safety, AB 136 on courts, AB 137 on general government, and AB 143 on developmental services, with each bill passing on largely party-line or broad bipartisan votes. Debate on AB 116 focused on Medi-Cal, HIV program backfills, pharmacy benefit managers, and health care cuts; opponents objected to funding for undocumented immigrants and to hospice prior authorization. AB 118 drew support for child welfare, CalFresh disaster readiness, and CalWORKs simplification. AB 121 emphasized record K-12 funding and a $1.7 billion block grant. AB 123 extended the Golden State Teacher Grant Program and supported higher education and fire-impacted career technical education. AB 134 updated CDCR and tribal policing provisions, AB 136 streamlined court reporting and funded courthouse facilities, AB 137 made technical budget adjustments and fee changes, and AB 143 made developmental services reforms while preserving the state’s entitlement commitment. The final item shown was AB 470 on telecommunications, which was presented and discussed as a transition away from copper landlines toward fiber and modern networks, with supporters emphasizing public benefits and labor concerns, but the transcript cuts off before a final vote is shown.

Transcript Highlights:

• institutions during their college years, causing them to be considered employees under the current language
• I think the only other differential we found after adding this amendment was that the House has language
• I'm a distinguished research professor of English at Florida State University and the president of the
• So am I correct in interpreting that language to mean that an investor-owned utility would be able to
• What is the need for that language? I'm just wondering what the rationale for that is.

Bills: S0118, S0896, S1690, S1756

Keywords: recreational vehicle parks, special assessments, property tax, occupancy rates, commercial assessment, school safety, guardian program, firearms, crimes near schools, security assessments, public postsecondary education, medical freedom, vaccination, ivermectin, healthcare practitioner liability, immunization exemptions

Summary: The committee first took up CS for SB 896, a school safety bill expanding the Guardian program to public postsecondary institutions. The bill requires active assailant response plans, security risk assessments, threat-management protocols, use of the suspicious activity reporting tool, and allows voluntary participation in Guardian for colleges and universities. A late-file amendment by Senator Polsky was adopted to clarify that students who are also employees or faculty are not eligible for Guardian. Members debated campus carry concerns, storage of firearms, and whether the bill could lead to broader gun access on campuses. Several faculty and gun-safety advocates testified against the bill, while supporters argued trained guardians can deter violence. The committee reported the bill favorably by roll call vote. The committee then approved CS for CS for CS for SB 1690 on child care and early learning services. The bill updates child care laws, clarifies regulations, and reduces overregulation of before- and after-school programs. An amendment expanded authority for the Florida Education Foundation to fundraise for early learning from birth to VPK. Testimony was largely supportive, emphasizing affordability, access to quality child care, and relief for working families, though one speaker opposed the bill as an expansion of government. The bill was reported favorably. Next, the committee passed CS for CS for SB 118, which clarifies how non-ad valorem special assessments are applied to recreational vehicle parks and limits the square footage used for assessment purposes to the maximum size of an RV space. The committee also approved CS for CS for SB 1220, the Department of Transportation package, which addresses seaport and airport planning, personal delivery devices, autonomous vehicles, advanced air mobility, toll programming, and other transportation-related changes. Amendments modified provisions on personal delivery devices, utility permits, autonomous vehicle penalties, and law-enforcement cruiser lights. Both bills were reported favorably. Finally, the committee began hearing SB 1756, the medical freedom bill, which proposes new vaccine information requirements, conscience-based school immunization exemptions, limits on compelled vaccination during public health emergencies, and behind-the-counter access to ivermectin for adults. The sponsor and supporters framed the bill as strengthening informed consent and parental rights, while opponents and some senators raised concerns about vaccine hesitancy, herd immunity, and the inclusion of ivermectin. Public testimony was extensive and sharply divided. The transcript ends during continued testimony and debate on SB 1756, before a final vote is taken.

Transcript Highlights:

• We have a couple more questions in the queue: Representative Leideman, then Senator English.
• Senator English. Thank you.
• I think there are various language that you used to say the same thing, but I think we could go back

Keywords: 1204, all

Transcript Highlights:

• And we have a couple more questions in the queue: Representative Ladyman, then Senator English.
• Senator English? Thank you.
• I think there are various kinds of language that you used to say the same thing, but I think we could

Summary: The committee first approved the minutes from the prior meeting and then heard several audit-related reports. The executive committee report noted audit and special reports were scheduled for standing committees and the full Legislative Joint Audit Committee, with one requested report still in progress. The City, County, and Local report covered delinquent private water and sewer audits, reinstatement of turnback funds for entities that filed required reports, and action involving the town of Daisy, which was directed to repay misused street funds at 10% of general fund revenue annually. The education and state agencies reports included higher education audits and state agency findings, with some reports filed and others deferred to the February meeting for additional information or corrective-action details. The committee then took up a special audit of the Charles W. Donaldson Scholars Academy at UA Little Rock. Legislative Audit reported that the program, funded with $10 million in desegregation money plus a $50,000 grant, awarded $1.87 million in scholarships to 379 students, with 116 graduates, but found numerous eligibility and disbursement problems, including scholarships to ineligible students, excessive awards, improper documentation, and unclear disposition of some assets. Committee members questioned UALR representatives about oversight, staffing, and whether funds were properly used, and also heard from Philander Smith College about its limited role in verifying enrollment. Members expressed concern about the program’s results and the lack of detail on accountability, and the committee voted to table the report until the next meeting for further review and requested additional information, including the federal court order and more detail on expenditures and oversight. Finally, the committee reviewed the annual disposition report on matters referred to prosecutors and the Attorney General for 2024. Staff said 164 matters were referred, with 28 resulting in criminal charges and convictions, 39 still under review, 96 not charged, and others dismissed or pending; 20 convictions produced fines, restitution, and audit-cost orders, and bond trust fund claims were paid in some cases. Prosecutor Coordinator and Attorney General representatives explained that some referrals do not meet criminal standards, may lack intent, or are otherwise not prosecutable, and members asked for more standardized reporting, clearer explanations of why cases are not charged, and more information on restitution efforts. The committee discussed possible templates, training, and better coordination, then voted to file the report and adjourned, with the next meeting set for February 12, 2026.

Transcript Highlights:

• So the concept of sovereign immunity comes back from the English king, who was protected from accountability
• And so for that reason, while we've maintained some of this old English tradition, our modern-day sovereigns
• And that is there's language in there saying that we can basically settle this case above our insurance

Summary: The Budget Committee met with a quorum and took up several bills. HB 677, relating to state-covered fertility preservation for employees undergoing cancer treatment, was introduced as coverage for egg and sperm preservation for up to three years, with an estimated fiscal impact of about $813,000. After brief questions and no public testimony or amendments, the bill passed unanimously and was reported favorably. The committee then considered CS/HB 59, which would reform Florida’s wrongful incarceration compensation process by extending the filing deadline from 90 days to two years, removing the clean-hands requirement, and allowing exonerees to choose between the state compensation process and a civil lawsuit; it was supported by the City of Flagler Beach and passed unanimously. CS/HB 1313, which recreates the Resilient Florida Trust Fund in the Department of Environmental Protection before its scheduled termination in 2025, also passed unanimously after supportive testimony from advocacy groups. The committee received a lengthy presentation from the Department of Management Services on the State Group Insurance Program and the recent Revenue Estimating Conference. The presentation covered enrollment, revenues and expenditures, rising medical and pharmacy costs, emergency room utilization, GLP-1 drug spending, and options for tighter formulary and utilization management. Members asked about ER cost growth, GLP-1 coverage and copays, PBM oversight and potential conflicts, avoidable ER visits, cancer screening claims, dental and vision costs, specialty drug biosimilars, and possible savings from more restrictive pharmacy models. DMS said it would follow up on several questions and noted ongoing work on cancer coordination, preventive screening, biomarker testing, and a proposed member-facing benefits platform. The committee also heard extensive testimony on HB 301, which would raise sovereign immunity caps from $200,000 per person and $300,000 per incident to $1 million and $3 million, align limitations periods with private claims, and allow government entities to settle above the caps without a claims bill. Local governments, school-related entities, and county and city associations opposed the bill, warning of major fiscal impacts, higher insurance costs, and pressure on services; several speakers urged smaller increases or a tiered approach. Proponents, including families affected by catastrophic injury or death, argued the current caps are too low and the claims bill process is inefficient and unfair. After debate, the bill passed on a recorded vote, with some members voting no, and was reported favorably.

Transcript Highlights:

• The legislature adopted this exact same language to say that the chapter can be enforced by mandamus,
• And so that's why I'm so heightened about this particular language concerning cause of action.
• Property rights go all the way back to English common law.
• They didn't have a problem with any of this language.
• They had a problem in that bill with some other language that did some other things, but they didn't.

Bills: HB148, HB334, HB554, HB762, HB1520, HB1593, HB3526, HB3810, HB5092, SB2215, HB2607, HB148

Keywords: family leave, leave pool, county employee, sick leave, vacation leave, family care, pandemic, guardianship, HB 554, fireworks, Juneteenth, Juneteenth holiday, retail fireworks permit, Texas Occupations Code, Local Government Code, county commissioners court, drought conditions, Texas A&M Forest Service, fire safety, holiday sales

Transcript Highlights:

• So I have one building that's pre-K and K with about 160 of our learners, and then first through fourth
• That the test scores in New Hampshire, it's like 50% can do English at grade level and 40% can do math
• It came out—we knew it was coming for a while, but the implementation, the final language, was left to
• the implementation the final language the implementation the final language was<00:56:28.079>
• and uh some of those students language and uh some of those students are<01:23:26.960> in<01:

Keywords: 928, house, all

Summary: The committee met to hear from the New Hampshire Association of School Principals as part of its review of a proposal involving statewide administrative consolidation and changes to school governance. Members first discussed how school board witnesses would be selected, with the chair saying the committee would seek a mix of district sizes and structures and would also accept emailed input. The principals’ association said it represents more than 550 principals and assistant principals and urged caution about any mandatory consolidation, arguing that successful consolidations are gradual and voluntary. Association leaders and principals testified that principals already handle a wide range of responsibilities, including instructional leadership, student discipline, safety, staff supervision and evaluation, family and community engagement, and day-to-day crisis response. They argued that shifting more legal, budgetary, and administrative duties onto principals would reduce time for coaching teachers and supporting students, increase burnout and turnover, and create legal and training risks, especially in areas such as special education, privacy, and labor issues. They also said the roles of superintendents, principals, and school board members are distinct and require different training and expertise. Members asked detailed questions about how responsibilities are divided between principals and SAUs, whether principals recruit and evaluate staff, and how much time principals work. One principal said she works about 60 to 70 hours a week and that additional duties would be difficult to absorb. Another principal described his school’s structure, the importance of community building, and the need to preserve district-wide alignment if consolidation moves forward. No votes were taken during this portion of the meeting.

Transcript Highlights:

• You were a quick learner, and you got me ready for every committee hearing.
• There was a language error. Mr. Speaker, I move for adoption on the adoption of the resolution.
• Line language, and that is above some strikethrough language: the dollar amount on which the standard
• It's all the same language, but different page numbers.
• It's a cleanup language, Representative Anchia.

Keywords: 1184, house, all

Transcript Highlights:

• The assumption would be that it would be math, science, English, and history, but that's not defined.
• school say public schools had not taught... say public schools had not taught the Bible as a second language

Bills: SB13, SB278, SB13

Keywords: education, national anthem, patriotism, school policy, constitutional amendment, SB278, released time, religious instruction, elective credit, public schools, K-12 education, Alabama Released Time Credit Act, church-state separation, First Amendment, school choice, parental consent, elective course, off-campus instruction, private religious entity, State Board of Education

Transcript Highlights:

• for the media communication in Spanish, we're going to provide some comments at the outset in this language
• I also speak English, so I will just provide a few thoughts, and they'll be slightly different than my

Keywords: House Bill 483, high-speed rail, transportation network, Texas, public testimony, rail connectivity, economic development

Summary: The meeting was a press event in support of House Bill 483 and its Senate companion, SB 424, which would repeal the current state ban on high-speed rail investment and direct TxDOT to partner with a private entity to develop a Dallas-Austin-San Antonio rail line along the I-35 corridor. Rep. John Bucy, County Judge Andy Brown, Rep. Rafael Anchia, Rep. Ray Lopez, and Sen. Sarah Eckhardt all argued that Texas’ population growth and highway congestion make passenger rail a necessary transportation alternative and a long-term economic development tool. They emphasized benefits such as reduced commute times, improved mobility, lower congestion and emissions, stronger workforce access, and better connections between major metro areas. Testimony focused on the Texas Triangle as a strong candidate for high-speed rail because of its population density, flat geography, and existing growth patterns. Speakers cited examples from other places, including Florida’s Brightline and rail systems in other countries, to argue that Texas is behind and could catch up through public-private partnerships. They also discussed transit-oriented development, last-mile connections through local systems like DART and Austin’s Project Connect, and the possibility of future expansion beyond the initial corridor. In response to questions, Bucy said the bill would allow TxDOT to seek bids and keep costs flexible, that the line would likely require dedicated high-speed track, and that express service could reduce Austin-San Antonio travel time to roughly 30 minutes and Austin-Dallas to under an hour and a half, though no launch date was set. No formal vote or committee action was taken in the transcript. The event ended with Bucy saying the bill was a positive step and could become a bipartisan effort to build a more connected Texas.

Transcript Highlights:

• So we'll revisit the language, and we will come back with the committee substitute to this committee
• Right now, currently, the language in the Family Code requires a copy of the original papers filed in
• Clear and outdated statutory language regarding community property obligations creates confusion.
• To community debts with more accurate language that better reflects modern property law and requires
• What the bill does, in plain English, is to make sure that... that parents, and generally their fathers

Bills: HB368, HB3311, HB1734, HB2495, HB2716, HB793, HB3376, HB2524, HB3421, HB3446, HB3181

Keywords: electronic devices, family violence, criminal prosecution, protective orders, tracking, harassment, family allowance, decedent's estate, surviving spouse, minor children, inheritance, child support, maintenance, HB 1734, Family Code, Section 155.207, suit affecting the parent-child relationship, SAPCR, continuing exclusive jurisdiction, jurisdiction transfer

Transcript Highlights:

• I think the other important thing that this language does, The other important thing that this language
• I think the other important thing that this language does, The other important thing that this language
• Is that as a response to the current language in the trailer bill language or overall the program, and
• Is that as a response to the current language in the Trinibald language or overall the program, and you
• on that, maybe regulatory language.

Keywords: 987, senate, all

Transcript Highlights:

• Some are quick learners. Representative Curry, thank you. Representative Curry's not one of them.

Bills: HCR 114, HB 137, HB 283, HB 1398, HB 1960, HB 2153, HB 2431, HB 2638, HB 2699, HB 2999, HB 3208, HB 3389, HB 3413, HB 3510, HB 3642, HB 3859, HB 3974, HB 3986, HB 4142, HB 4173, HB 4174, HB 4542, HB 4605, HB 4663, HB 4731, HB 5064, HB 5216, HB 5218, HB 5332, HB 5453, HB 5577

Keywords: memorial, pedestrian bridge, Houston, Sergio Ivan Rodriguez, city council, oversize vehicles, transportation permits, Hidalgo County, port authority, highway routes, healthcare, insurance, mental health, treatment access, state funding, transportation, axle weight, aggregates, regulations, Texas law

Transcript Highlights:

• Some are quick learners. Representative Curry, thank you. Representative Curry is not one of them.

Bills: HB137, HB283, HCR114, HB137, HB283, HB1398, HB1960, HB2153, HB2431, HB2638, HB2699, HB2999, HB3208, HB3389, HB3413, HB3510, HB3642, HB3859, HB3974, HB3986, HB4142, HB4173, HB4174, HB4542, HB4605, HB4663, HB4731, HB5064, HB5216, HB5218, HB5332, HB5453, HB5577

Keywords: state budget, fiscal biennium, budget repeal, financial management, state funding, Medicaid, healthcare access, Affordable Care Act, federal funding, low-income individuals, insurance coverage, memorial, pedestrian bridge, Houston, Sergio Ivan Rodriguez, city council, oversize vehicles, transportation permits, Hidalgo County, port authority

Transcript Highlights:

• school libraries play. play, in developing love of reading and of learning, and creating lifelong learners
• We removed those, but we didn't get all the language in that we needed. This amendment simply...
• It puts in all the language to clarify that batteries are not a part of that.
• Right, this will be the minimum lot size. that will be set up okay and the but the language is designed

Bills: SCR5, SCR13, SB3, SB6, SB10, SB12, SB13, SB15, SB17, SB18, SB19, SB24, SB35, SB57, SB65, SB112, SB284, SB290, SB388, SB400, SB402, SB412, SB495, SB499, SB502, SB509, SB621, SB706, SB740, SB815, SB842, SB854, SB875, SB893, SB917, SB974, SB1025, SB1061, SB1073, SB1106, SB1268, SB1281, SB1300, SB1362, SB1379, SB1447, SB1451, SB1555, SB1902, SJR36, SJR12, SCR13, SCR25, SCR5, SCR22, SCR12, SCR24, SB495, SB412, SB10, SB18, SB565, SB372, SB842, SB765, SB62, SB19, SB666, SB707, SB888, SB687, SB706, SB847, SB290, SB13, SB1248, SB740, SB14, SB1006, SB504, SB917, SB925, SB388, SB1902, SB1121, SB995, SB857, SB305, SB296, SB284, SB35, SB6, SB815, SB3, SB1281, SB1379, SB1300, SB1497, SB1499, SB1498, SB1451, SB1061, SB15, SB65, SB241, SB304, SB402, SB499, SB621, SB974, SB1023, SB1024, SB1025, SB1106, SB686, SB112, SB371, SB204, SB400, SB609, SB1447, SB670, SB502, SB427, SB850, SB854, SB413, SB1555, SB1362, SB1346, SB1033, SB1220, SB1073, SB810, SB987, SB1539, SB893, SB447, SB875, SB406, SB509, SB985, SB965, SB17, SB1119, SB1505, SB12, SB24, SB57, SB1194, SB1253, SB1215, SB1532, SB1268, SB1302, SB856, SB650, SB583, SB673, SB840, SJR57, SCR8, SB213, SB681, SB1172, SB1252, SB378, SB610, SB918, SB1343, SB608, SB487, SB955, SB957, SB988, SB990, SB1019, SB1021, SB1120, SB251, SB958, SB535, SB761, SB1, SB541, SB315, SB379, SB1018, SB1737, SB266, SB1415, SB3, SB6, SB15, SB35, SB290, SB706, SB842, SB917, SB1281, SB1451, SB1902, SB12, SB13, SB17, SB19, SB388, SR261, SR265, SR276, SR277, SR281, SR286, SR293, SCR5, SCR13, SB2425, SB2880, SB10, SB12, SB13, SB17, SB18, SB19, SB388, SB412, SB495, SB2425, SB2880

Keywords: SCR 5, Senate Concurrent Resolution 5, Texas School for the Deaf, TSD, Robert Rives, gymnasium naming, building naming, honorary resolution, commemorative resolution, deaf education, hard of hearing, Gallaudet University, alumni hall of fame, football coach, school facility naming, education K-16, State Affairs, Texas Legislature, public school tribute, water rights

Transcript Highlights:

• They wanted some language changed that would make sure that it would not impose a financial burden on
• So, it changed language for that.
• And it also added some language that the education community wanted to be able to teach for historical
• It also changed some language to ensure that it wouldn't to ensure that it wouldn't impose operational
• language so that an... ...language and it adds language so that an agent can only receive commission

Keywords: 1136, house, all

Transcript Highlights:

• And if so, can you highlight what states we might be looking for model language or model practice?
• And if so, can you highlight what states we might be looking for model language or model practice?
• It’s both English and Spanish language. I’m the national spokesperson for that campaign.
• It's both English and Spanish language. I'm the national spokesperson for that campaign.

Summary: The committee began with a work session on the Joint Legislative Audit and Review Committee’s cannabis market study, presented by JLARC staff member Susanna Pratt. The report found Washington’s cannabis production in 2023 was likely two to three times higher than retail sales, with production estimated at 292,000 to 443,000 pounds of THC versus 139,000 pounds sold. Pratt explained that canopy data are inconsistent and that the Liquor and Cannabis Board’s traceability system is incomplete and unreliable, limiting data-driven regulation, tax verification, recall tracking, and diversion enforcement. JLARC recommended that LCB submit a plan by the end of 2025 for obtaining accurate licensee data by the end of 2026; LCB partially concurred and said a 2027 timeline may be more realistic. JLARC also concluded that the social equity producer licenses would likely have only a minimal effect on statewide production capacity, and suggested the legislature consider broader ways to increase equity in the industry. Members asked about the slow issuance of social equity licenses and about comparable traceability systems in other states. The committee then heard a series of presentations on fraud and scam prevention. Paul Benda of the American Bankers Association described the scale of fraud losses, the role of telecom spoofing, social media scam ads, SIM farms, and crypto ATMs, and argued for a shared-responsibility approach involving banks, telecoms, and platforms. Katie Clark of IQ Credit Union described member-to-member fraud, romance scams, and the operational and financial impacts on credit unions, and recommended better information sharing, safe harbors for returning scam-related funds, and stronger fraud education. Kyle Innes of SIFMA highlighted investor fraud and Washington’s 2009 report-and-hold law, which he said helped shape similar protections in most states, and emphasized the need for better communication among financial firms, APS, and law enforcement. Brian Gerard and Ali Higgs from the Department of Financial Institutions discussed “pig butchering” and other investment scams, focusing on how scammers build trust through social media, dating apps, fake websites, and crypto schemes before extracting funds. Across the fraud presentations, witnesses repeatedly stressed consumer education, interagency information sharing, and stronger controls on telecom, social media, and crypto ATM activity. Members asked about model laws from other states, the role of financial education in schools, and whether crypto ATMs should be regulated or banned. No votes or formal committee actions were taken during the meeting.

Transcript Highlights:

• as a second language.
• <00:43:16.440> the English as a second language the English as a second language the proposed
• I might phone a friend, but I think the language has it pretty open.
• I might phone a friend, but I think the language has it pretty open.
• I might phone a friend, but I think the language has it pretty open.

Keywords: 1187, senate, all