Transcript Highlights:

• </c> presented to the commission. presented to the commission. Uh<00:08:01.840><c> Mr.
• </c> the proposed modifications to commission the proposed modifications to commission procedures.
• </c> estate tax. estate tax.
• The Minnesota estate tax applies to all assets of a decedent, including real property, before they are
• </c> provision within the estate tax. provision within the estate tax.

Transcript Highlights:

• I'm assuming that you're thinking that a real estate contract would trigger this.
• estate transactions are done cash.
• You have a contract on a piece of real estate that you're probably gonna have to close within 30 45 or
• estate transaction. >> Thank you for the question.
• Because, again, I I understand your point that you have about 40% of real estate transactions for residential

Transcript Highlights:

• > believe</c><00:57:53.120><c> Arizona</c> Currently, Texas and I believe Arizona Currently, Texas and
• Real estate transactions, as you know, it's contractual issues all the time.
• Real estate<01:30:08.680><c> transactions,</c><01:30:09.360><c> as</c><01:30:09.520><c> you</c><01:30
• :09.640><c> know,</c><01:30:10.480><c> it's</c> estate transactions, as you know, it's estate transactions
• </c><02:54:46.360><c> briefly</c> just real briefly just real briefly um the<02:54:50.440><c> optimum

Transcript Highlights:

• In 2008, with the real estate downturn, a lot of those campuses ran into some significant headwinds,
• If a refund comes in for that unit, it's paid back to that estate.
• In my experience, a public hearing by a commission is where the commission meets and the public consent
• And I listened to the Assisted Living Commission public hearing a lot back.
• So I think it is real appropriate.

Summary: The commission met at Brookhaven at Lexington to continue discussing continuing care retirement communities (CCRCs), with a focus on financial viability, entrance fees, refund policies, and how the industry is evolving. Speakers explained that nonprofit CCRCs have shifted away from building entirely new campuses since the 2008 financial crisis, and now more often grow through expansions, affiliations, mergers, or added home- and community-based services. They also noted that many newer CCRCs, especially nationwide, are being built without on-campus skilled nursing, relying instead on assisted living, memory care, or off-site arrangements, and that zoning and local approval can affect expansion plans. A substantial portion of the discussion centered on financial health and consumer protection. Panelists said the most important indicators of a strong CCRC are high occupancy, strong liquidity, and reinvestment in the property, with low occupancy and declining days cash on hand cited as warning signs. They described how actuarial reviews are used to estimate health care utilization and set pricing, and said staffing shortages are often a bigger financial pressure than resident care utilization itself. On refunds, speakers said entrance-fee refunds are generally paid when a unit is resold and the new entrance fee is received, and that resident refunds are usually protected even in bankruptcy, though residents are unsecured creditors. Massachusetts examples such as Reed’s Landing and the Groves were cited as cases where residents remained in place and refunds were ultimately protected. The group also discussed a pending disclosure bill on Beacon Hill related to entrance fees and refund transparency. LeadingAge Massachusetts said it supports clearer disclosure so residents understand refund provisions, and reported that among surveyed member CCRCs, the average time to provide an entrance-fee refund over the past two years was about 117 days. Participants emphasized the need to balance consumer protection with preserving the financial stability of the communities. The commission also reviewed upcoming dates: a virtual public hearing/listening session on June 16, the next commission meeting on June 23, and a later discussion planned on consumer rights, protections, and advertising practices. The meeting concluded with introductions of commission members and an invitation for attendees to tour the Brookhaven campus.

Transcript Highlights:

• speaker lead Alabama Association of real speaker lead Alabama Association of real speaker lead better
• this is a good one oh yeah cause is real this is a good one oh yeah cause is real this is a good one
• on higher the Alabama Commission on higher the Alabama Commission on higher education and applies to
• Harvard 2021 that was commissioned Harvard 2021 that was commissioned Harvard University University
• property so if your state has real real property so if your state has real real property so if your

Transcript Highlights:

• It caused and contributed to real, substantial harm where people were going to the hospital.
• really, is that it was beyond just eroding trust and accountability, it caused and contributed to real
• The bill directs the Utilities and Transportation Commission and the Department of Commerce to develop
• Which may include real-time pricing or dynamic pricing mechanisms.
• estate market.

Bills: HB2515 , HB2343 , HB2301 , HB2272 , HB2367

Committee: House Environment & Energy

Keywords: energy facilities, large energy use, regulation, state oversight, infrastructure, water quality, game farms, public health, environmental protection, regulatory oversight, extended producer responsibility, paint waste management, environmental regulations, sustainability, recycling, ski areas, winter sports, terminology update, recreation, regulatory changes

Transcript Highlights:

• estate.
• Individuals are more likely to have active bank accounts and to have real estate that can be levied.
• During an in-depth investigation, we identified that one of the owners had real estate properties.
• So by name... ...that one of the owners had real estate properties.
• While the case was pending, the business transferred all its real estate to other entities, rendering

Committee: House Labor and Employment

Transcript Highlights:

• We want to see more walkable, infill, small-scale homes that meet the needs of real Californians.
• Sometimes this challenge is on real environmental grounds, but more often than not, the challenge is
• We saw real injury and a real need to defend ourselves.
• Paper plans are not enough; we need real commitments, real accountability, and real equity where homes
• I live in Petaluma Estates in a senior park.

Summary: The Assembly Committee on Housing and Community Development heard a long agenda focused mainly on housing production, higher education facilities, homelessness, and permitting reform. Early items included AB 6, which would direct HCD to convene a working group on allowing three- to ten-unit “missing middle” housing to be built under the Residential Code rather than the Building Code; AB 48, a higher education bond proposal that would fund campus repairs, modernization, disaster recovery, and student/employee housing; and AB 76, which would clarify a Chula Vista university innovation district exemption so the project can include academic buildings and housing without conflicting with surplus land rules. Supporters emphasized affordability, cost savings, student housing needs, and access to education, while members raised questions about implementation, affordability requirements, and project scope. The committee later took votes on these items, with AB 6, AB 48, and AB 76 all moving forward on unanimous or near-unanimous votes to Appropriations. Members also heard AB 595, which would create a state homeownership tax credit pilot to support affordable for-sale housing. The author and supporters argued that California’s homeownership rate is at historic lows and that the bill would help close racial wealth gaps by financing homes working families can buy. The committee approved AB 595 and sent it to Appropriations. The consent calendar, including several other housing-related bills, was also approved unanimously. A major portion of the hearing was devoted to AB 1165, the California Housing Justice Act of 2025, which would require ongoing state investment and a financing plan to address homelessness and housing affordability. The author and witnesses described the scale of homelessness, the limits of one-time funding, and the need for sustained, accountable funding streams. After testimony from housing advocates and people with lived experience, the committee passed AB 1165 on a 10-0 vote to Appropriations. Finally, the committee heard AB 609, a CEQA reform bill that would create a simplified exemption for qualifying infill housing projects in already developed areas. Supporters framed it as a targeted way to reduce delays and costs for housing near jobs and transit, while opponents from environmental justice, labor, and tribal groups warned it could reduce public participation, weaken protections for disadvantaged communities, and create consultation concerns for tribal cultural resources. The author said the bill would not change zoning or affordability tools and would continue to work with opponents on amendments. The bill was moved forward after extensive discussion, with members noting ongoing negotiations on tribal consultation and labor concerns.

Transcript Highlights:

• And there are real concerns on what is going to happen to people.
• Other states also deny a jury trial after they go through a claims commission process.
• We do know that other states that have a commission do see reductions.
• estate tax.
• home, for example, that's in the estate.

Summary: Senate and House Democratic leaders said they were pleased with progress before cutoff, highlighting work on immigration/federal-overreach protections and affordability measures. They cited bills such as restrictions on ICE activity in private spaces, employer notice requirements for ICE worksite actions, housing expansion in commercial and mixed-use zones, limits on medical debt interest, senior property tax relief, grocery-store covenant restrictions, preventive health care access, energy relief for low-income households, and the proposed millionaire’s tax, which they said would support tax credits and long-term fiscal sustainability. They also noted strong bipartisan movement on many bills and said they were now focused on processing House bills in the Senate and vice versa. Several stalled or controversial measures were discussed. Leaders said the JR bill did not advance in the House because it lacked votes, though support had grown and stakeholder engagement continued. Child welfare and controlled-substance/endangerment bills were described as still under discussion, with lawmakers saying there were differing views on the best way to protect children and that some proposals were paused for further work. The Senate-side transmission and cultural resources package also ran into procedural and timing problems, with one bill ultimately not moving after a request for a full reading delayed the plan. The governor’s comments on the millionaire’s tax and the updated revenue forecast were a major topic. Democrats said they welcomed the governor’s tax ideas, were aiming to balance meaningful tax relief with a sustainable budget, and saw the forecast as providing some breathing room and more reserve capacity, though much of the new revenue would be absorbed by caseload growth and maintenance costs. They also discussed a proposed employer assessment tied to Medicaid-funded health coverage, saying it was intended to address federal cuts and shifting costs, while acknowledging concerns from employers and nonprofits. Other items included the tort-liability/survivor claims bill, which leaders said would preserve jury trials and damages while creating a claims process, the 0.05 BAC impaired-driving bill, and a pension-related proposal to terminate and restate LEOFF Plan 1, with some related transfer ideas still unresolved.

Transcript Highlights:

• So in my vocational work, I work in real estate.
• One of my big priorities is real estate.
• Bank, and I have a very good pulse on what's happening in the commercial real estate industry.
• Professionally, I own real estate development and consulting companies.
• I've dedicated Savills, one of the nation's largest commercial real estate advisory firms.

Committee: Senate Appropriations Committee on Higher Education

Transcript Highlights:

• I just have a real quick question.
• Also, one of our real priorities.
• I mean, it stands out real quickly.
• And those commissions, does that fall under your purview?
• It's just a real estate transaction like it normally would be. And then we put it into recreation.

Committee: House Appropriations

Transcript Highlights:

• Remind them, Father, that behind every bill are real people, real families, real children, and real communities
• Representative Bagley, I just want to make one statement real quick.
• Estate Development Association, also with us today.
• These are commercial real estate professionals that are involved in industrial and office development
• It also... ...as you've probably heard the term NADAC, and ties it to real data.

Bills: HR179 , HR180 , HR181 , HR182 , HR183 , HR184 , HR185 , HR186 , HR187 , HCR75 , HCR76 , HCR77 , HCR78 , HCR79 , HR165 , HR166 , HR168 , HR169 , HR170 , HR171 , HR172 , HR173 , HR174 , HR175 , HR176 , HR177 , HR178 , HCR65 , HCR66 , HCR67 , HCR68 , HCR69 , HCR70 , HCR71 , HCR72 , HCR73 , HCR74 , SCR34 , SB34 , SB43 , SB52 , SB56 , SB165 , SB173 , SB189 , SB190 , SB260 , SB322 , SB345 , SB374 , SB387 , SB401 , SB448 , SB449 , SB455 , SB487 , SB496 , SB502 , SB505 , HB362 , HB893 , HB990 , HB1007 , HB1153 , HB1243 , HR1 , HR17 , HCR5 , HCR4 , HCR47 , HB55 , HB385 , HB394 , HB396 , HB406 , HB608 , HB622 , HB676 , HB772 , HB897 , HB1030 , HB1035 , HB1038 , HB1045 , HB1049 , HB1056 , HB1058 , HB1059 , HB1092 , HB1100 , HB1117 , HB1160 , HB1161 , HB1162 , HB1177 , HB1180 , HB1189 , HB1216 , HB1239 , HB1240 , HB59 , HB74 , HB159 , HB330 , HB364 , HB414 , HB458 , HB525 , HB568 , HB786 , HB1008 , HB1033 , HB1034 , HB1041 , HB1062 , HB1070 , HB1079 , HB1112 , HB1118 , HB1139 , HB1151 , HB1176 , HB1182 , HB1196 , HB1214 , HB1241 , HB87 , HB115 , HB162 , HB368 , HB433 , HB441 , HB447 , HB466 , HB481 , HB741 , HB1242 , SB162 , SB349 , SB350 , SB382 , SB383 , SB127 , SB244 , HB977 , HB181 , HB31 , HB664 , HB9 , HB192 , HB225 , HB306 , HB310 , HB366 , HB635 , HB911 , HB1230 , HB1236 , HB615 , HB864 , HB1103 , HB1175 , HB901 , HR20 , HR74 , HB284 , HB393 , HB459 , HB577 , HB582 , HB605 , HB614 , HB682 , HB733 , HB773 , HB996 , HB1003 , HB1082 , HB1113 , HB1234

Keywords: neighborhood, crime prevention, security districts, law enforcement, community safety, funding, Counseling Day, mental health, Louisiana Counseling Association, community support, mental wellness, Louisiana State University, athletics, NAIA, sports achievements, recognition, success, competition, education, higher education

Transcript Highlights:

• I think maybe this was maybe mistakenly made in there, the real estate flex language.
• Matter of fact, why don't I just do the fund purposes real quickly?
• at the May commission meeting.
• In addition, the commission reviews revenues and expenditures at each commission meeting, ensuring a
• The commission approved spending...

Committee: House Budget

Transcript Highlights:

• I think maybe this was mistakenly made in there, the real estate flex language.
• at the May commission meeting.
• In addition, the commission reviews revenues and expenditures at each commission meeting, ensuring In
• addition, the Commission reviews revenues and expenditures at each commission meeting, ensuring a fiscally
• The commission approves spending.

Committee: House Budget

Summary: The committee first heard the Missouri National Guard’s FY 2027 budget request in House Bill 2008. Brigadier General Bob Payne outlined the Guard’s dual state and federal mission, recent deployments and state activations, counter-drug work, and the need to maintain readiness and aging armory infrastructure. Members questioned several items, including a proposed internal auditor position required by statute, a World Cup-related NDI, the use of general revenue versus other funds, and a federal match for base operations support at Rosecrans Airport. The presentation then shifted into executive session, where the committee reviewed a House committee substitute and several amendments. One amendment to fund the Missouri State Fair’s Great American State Fair participation with ag and tourism funds was rejected, while an amendment reducing $50,000 in House and Senate legal contingency funding was adopted. Another amendment directing budget information to all committee members rather than only chairs was rejected. The committee then adopted the substitute and voted House Bill 2014 do pass by a 24-0-1 vote. The committee next took up the Department of Corrections FY 2027 budget in House Bill 2009. DOC described a new CERT stipend increase, a reduction in the Office of Director’s Staff, and several core items including professional standards, federal funds, community treatment programming, education grants, population growth pool, restitution payments, human services staff, telecommunications, general services, fuel and utilities, food purchases, food service, staff training, employee health and safety, overtime, adult institution staff, institution E&E, wage and discharge, and individual institutions. Members asked about the CERT stipend, PREA allegations, education funding, restitution payments, the population growth pool, the working capital revolving fund, food service costs, overtime, retention, warden turnover, the prison nursery, and the use of inmate canteen funds. DOC said CERT members are full-time employees who volunteer for additional duty, that staffing has improved but remains a challenge, that the food service increase reflects the end of inventory credits and inflation, and that the department generally spends non-GR funds first when possible. Discussion also turned to whether DOC facilities could be repurposed for pretrial or mental health populations; DOC said it is legally limited to post-sentence inmates and that staffing and labor-market constraints make reopening closed facilities difficult.

Transcript Highlights:

• estate... ...attorneys on behalf of the Real Estate Bar Association, which will discuss needed changes
• I am Daniel Dane, testifying on behalf of the Massachusetts Real Estate Bar Association in support of
• Last fall, the Executive Director of the Massachusetts Real Estate Bar Association reached out to the
• The Real Estate Bar Association reached out to the chairs of the litigation section, me; land use and
• I'm chair of the legislative section for a real estate bar association.

Committee: Joint Joint Committee on Municipalities and Regional Government

Summary: The Joint Committee on Municipalities and Regional Government held a hybrid hearing on bills related to land use, zoning, permitting, municipal governance, and homelessness. Early testimony focused on a home rule petition for Ipswich to remove a residency requirement for a town manager, with supporters saying it would broaden the applicant pool and help fill a vacant permanent manager position. Another panel backed legislation to change the Springfield Water and Sewer Commission’s governance so ratepayers in surrounding communities would have representation, arguing the current board structure leaves many users without a voice in rate-setting and capital decisions. Several housing and zoning bills drew testimony. Senator Keenan and the Home Builders and Remodelers Association supported a bill to toll the one-year period for acting on a variance while an appeal is pending, saying appeals should not consume the time needed to implement approved projects. Representative Murray and the Real Estate Bar Association also testified on broader zoning reforms, including changes to undersized lots, merger rules, hearing deadlines, appeals, and variance standards; they argued the proposals would reduce delay and uncertainty and help housing production. Committee members questioned whether shifting zoning appeals from de novo to closed-record review would limit new evidence, and the witnesses said the change would speed cases while preserving limited opportunities to supplement the record. The committee also heard testimony on bills to end the criminalization of homelessness. Representatives, advocates, and shelter organizations said local camping bans and fines are counterproductive, especially after the U.S. Supreme Court’s Grants Pass decision, and urged a statewide response centered on housing and public health rather than punishment. Other municipal bills included remote participation in open town meetings for Wayland and a statewide local option, Fairhaven and Mattapoisett charter changes, and Cambridge’s request to use automated parking enforcement and mail parking tickets. The hearing also included testimony supporting fairground zoning flexibility, a Shrewsbury solar siting bill, and an Inspector General bill clarifying county land disposition procedures by requiring written notice to DCAM and a defined response period. No votes were taken during the hearing.

Transcript Highlights:

• There are a lot of real estate experts on the floor. I am not one of them.
• I am unaware, like I said, I'm not a real estate expert.
• There are a lot of real estate<00:59:29.320><c> experts</c><00:59:29.640><c> on</c><00:59:29.760><c>
• </c> unaware, like I said, I'm not a real unaware, like I said, I'm not a real estate<00:59:53.920><c
• House Bill 1557, Procurement Department of General Services Real Estate Advisory Committee, favorable

Summary: The House convened with 122 members present, opened with prayer, and approved the previous day’s journal. The chamber then took up two congratulatory resolutions: one honoring Layla Wishard of Hagerstown for winning gold with Team USA at the Junior Roller Derby Association World Cup in Australia, and another recognizing Delores Millhouse as the 2026 Maryland Mother of the Year. Both resolutions were read and adopted with applause. The House then considered a series of committee reports, primarily from the Committee on Economic Matters, and advanced multiple bills to third reading after adopting committee amendments and favorable reports. Measures included consumer contract protections in House Bill 103, workers’ compensation presumptions for hypertension in House Bill 347, broadband access and affordability in House Bill 382, housing and land-use changes in House Bills 548 and 894, data privacy in House Bill 711, franchise law changes in House Bill 730, a blockchain-based real property title pilot program in House Bill 810, bankruptcy exemptions in House Bill 1098, and telecommunications infrastructure protections in House Bill 1100. Several bills drew questions and were special ordered for further review. House Bill 711, the Data Privacy Act, prompted extended discussion about whether its geolocation provisions could affect stadium and venue security tracking; the sponsor said the bill was intended to close loopholes around cell phone and vehicle location data and would not change existing permission-based rules, but the bill was still special ordered until the next day. House Bill 894, the transit-oriented development bill, also drew questions about local government concerns and was special ordered, with the floor leader saying county and municipal groups were generally satisfied with the amendments. House Bill 1100 was also taken up after the amendments were adopted, and the title amendment process began as the transcript ended.

Transcript Highlights:

• Yeah, I understand, but this cause is real. This is a good one. this cause is real.
• Oh, that's real good.
• Act. relating to the Small Estates Act.
• This is not dealing with any real property, so if your estate has real property, this doesn't deal with
• This is only dealing with small estate acts. is only dealing with small estate acts and this is about

Transcript Highlights:

• We're also working as a team on this legislation, and it's a real honor to do it.
• estate, or business.
• I bring all this up because I also sit on a commission.
• We have had multiple conversations with the Ethics Commission.
• Like I said, even the Ethics Commission, even the legal team at the Ethics Commission actually gave us

Committee: Joint Joint Committee on State Administration and Regulatory Oversight

Summary: The committee first heard testimony on a proposed Massachusetts baby bonds program, including H. 3429, S. 2146, and the Treasurer’s related bill H. 48. Treasurer Goldberg and a broad coalition of advocates, researchers, health professionals, and people with lived experience said the program would create trust accounts for children born into low-income families or in DCF custody, with funds available at age 18 for education, homeownership, business startup, or other long-term asset-building uses. Supporters argued the program would help close the racial wealth gap, improve economic mobility, and not affect eligibility for financial aid or public benefits. Committee members asked about administration, investment returns, eligibility, and withdrawal rules; the Treasurer said the accounts would be held in trust and managed by her office with an advisory board, with funds accessible at 18 and usable through age 35 if the beneficiary remains a Massachusetts resident. No vote was taken during the testimony shown. The committee also heard testimony on legislation establishing Lobular Breast Cancer Awareness Day, including S. 2666 and H. 4625. Senator Ross, Representative Badger, physicians, survivors, and advocates described invasive lobular carcinoma as difficult to detect because it often grows in lines rather than forming a lump, can be missed on mammography, and is underfunded and underrepresented in research and clinical trials. Witnesses said the bill would codify an annual October 15 proclamation to raise awareness, improve diagnosis, and encourage more targeted research and treatment. Committee members asked why the disease is so hard to detect, and medical witnesses explained the imaging challenges and the lack of lobular-specific protocols. The witnesses urged favorable reports. The committee then took testimony on H. 4648, a bill concerning the purchase or lease of Fenn Farm in Stockbridge by the Stockbridge-Munsee community. Representative Davis, the Stockbridge Land Trust president, and the tribal president testified that the bill would remove a conservation restriction tied to a state MVP grant so the tribe could manage the land without a restriction that they said would conflict with tribal sovereignty and Indigenous stewardship practices. They said the parcel is a sacred site connected to Monument Mountain and that the restriction is unnecessary because the land is already surrounded by conserved property. The witnesses asked for favorable action on the bill. Finally, the committee heard testimony on H. 3416, a resolution urging Congress to create a national infrastructure bank. Representative Senna and several advocates argued that an off-budget infrastructure bank could finance major repairs and upgrades to roads, bridges, rail, water systems, broadband, and housing without adding to the state budget, while creating jobs and supporting economic growth. Witnesses cited historical precedents for national infrastructure banks and said Massachusetts could benefit substantially from such a program. The transcript shown does not include a committee vote or final action on the resolution.

Transcript Highlights:

• Since then, those efforts have made a real difference in the state’s ability to quickly respond to fires
• A qualified business is a business other than a hotel, restaurant, financial institution, real estate
• A qualified business is a business other than a hotel, restaurant, financial institution, real estate
• Real quick, you throw out a bunch of they're going to leave.
• It is a direct comparison between Washington and states like Texas, Florida, Tennessee, and Nevada.

Summary: The Ways and Means Committee met on January 29, 2026, to consider a gubernatorial appointment, three public hearings, and two executive-session bills. Kristen L. Frazier was introduced as the governor’s appointee to the Board of Tax Appeals. She described her background in legislative fiscal analysis, constitutional law, and tax adjudication, and said the board is working on faster residential review and settlement processes. Members praised her service and said the appointment would be voted on at a future meeting. The committee then heard Senate Bill 5893, which would transfer $65 million from the Natural Climate Solutions Account to the Wildfire Response, Forest Restoration, and Community Resilience Account to fully fund wildfire response and forest health work. Committee staff explained the Climate Commitment Act funding source and the account history, and the Department of Natural Resources said the money would support forest health treatments, firefighting readiness, and partner pass-throughs. Forest industry representatives and DNR supported the bill, arguing wildfire work reduces emissions, protects communities, and prevents larger future costs; one member questioned why DNR had not submitted a decision package for the funding. Next, the committee heard Senate Bill 6229, which would subject gains from the sale of qualified small business stock to Washington’s capital gains tax. Staff said the bill would affect about 260 taxpayers, raise about $1.2 million in fiscal year 2027, and cost the Department of Revenue about $1.1 million over four years to implement. Startup founders, venture capital and tech industry representatives opposed the bill, warning it would discourage investment, founders, and job creation in Washington; a Budget and Policy Center witness supported it as a way to make the tax code less regressive and argued the exemption mainly benefits the wealthiest taxpayers. The committee also heard House Bill 1376, which would allow taxpayers to prepay capital gains tax up to six months early without interest on any later refund; staff said it had no revenue impact and a small administrative cost, and the lone public witness opposed it as penalizing success. In executive session, the committee received a briefing on the proposed substitute for Senate Bill 5395 on prior authorization transparency and AI use in health care, and on Substitute Senate Bill 5860 regarding school board compensation. The committee adopted the proposed second substitute for SB 5395 and voted it out of committee with a do pass recommendation to the Rules Committee, subject to signatures. Substitute SB 5860 was moved out of committee without recommendation. The meeting then adjourned.

Transcript Highlights:

• Hawaii Real Estate Commission with comments. >> Good morning, Chair, Vice Chair, members. >> Thank you
• SB 2806 relating to real estate.
• See, Real Estate Commission in support. >> Thank you. >> Thank you very much.
• See,<01:26:18.159><c> real</c><01:26:18.400><c> estate</c><01:26:18.639><c> commission</c><01:26:18.960
• </c> See, real estate commission in support. See, real estate commission in support.

Bills: SB2045 , SB2354

Committee: Senate Commerce and Consumer Protection

Summary: The committees first took up SB 2071 on rent-to-own housing. Testimony was generally supportive from HHFDC and Hawaii Realtors, but Sierra Club of Hawaii and others opposed the bill unless it was amended to exclude ceded lands from the 99-year lease provision. Members discussed the scope of ceded versus non-ceded lands and whether an inventory exists. The committees ultimately recommended passage with amendments, including HHFDC’s proposal to make the fixed-price period flexible by tying it to an option period and Sierra Club’s language limiting the program to non-ceded state or county land. They then heard SB 2191 on limited profit housing associations. HHFDC supported the measure, while the Tax Foundation of Hawaii and the Office of the Auditor urged caution about tax exclusions and asked for clearer, more targeted limits and measurable outcomes. The committees adopted amendments to add a statement of purpose, include measurable metrics, apply the tax provisions to taxable years beginning after December 31, 2025, and delay the effective date to allow for administrative changes. SB 2191 was recommended for passage with amendments. The committees also considered SB 2197, which would have replaced the five-year fixed-price period in rent-to-own housing with an option period set by HHFDC, but deferred it indefinitely because its issues were addressed in SB 2071. SB 2180 on deposits of public funds drew comments from the Hawaii Bankers Association questioning definitions and noting banks are already subject to Community Reinvestment Act requirements; decision-making was deferred to the next day in the CPN committee and to a later date for the housing committee. Finally, SB 2210 on housing discrimination received support from disability advocates and the Hawaii Civil Rights Commission, which asked for one additional investigator; the committees passed it with amendments adding a blank appropriation for one full-time position and planned to notify Ways and Means for possible re-referral.