Transcript Highlights:

• The biggest one is our fee-for-service model, where we pay hospitals on a per diem.
• through the fee-for-service.
• And in addition to the regular fee-for-service payments, we do make hospital access payments.
• through the fee-for-service.
• And in addition to the regular fee-for-service payments, we do make hospital access payments.

Summary: The subcommittee met to review Arkansas DHS hospital spending and reimbursement methods, with Secretary Janet Mann and Deputy Secretary Misty Eubanks explaining Medicaid hospital payments. They described fee-for-service per diem payments, cost settlements, and the upper payment limit (UPL) program, noting that SFY 2025 hospital payments included $688 million in inpatient/outpatient claims, $473 million in UPL payments, $248 million in cost settlements, and about $47 million in other payments such as graduate medical education and disproportionate share hospital funds. Members asked about why per diem rates vary, how cost settlements work, why UPL applies mainly to private hospitals, and how assessment fees are structured and funded. DHS said the hospital assessment fee is broad-based and uniform, used as the state share to draw federal funds, and that supplemental hospital payments after federal match totaled $548 million with no general revenue used. The Arkansas Hospital Association’s Jody Ann Tritt then gave a broader overview of the hospital landscape, explaining the different hospital types in the state, including critical access hospitals, rural emergency hospitals, PPS hospitals, and specialty hospitals. She said Arkansas hospitals face financial strain, citing a negative 5.18% patient service margin statewide and lower reimbursement than surrounding states. She argued that Arkansas hospitals are paid less than hospitals in neighboring states for similar services, that commercial payer rates and administrative burdens are a major problem, and that Medicaid and Medicare rates remain below cost even with UPL support. She also said hospitals are the backbone of community care, provide emergency and public health functions, and are looking for ways to invest in technology and telehealth but often lack the revenue to do so. Members pressed for clearer data on hospital finances, reimbursement adequacy, and the impact of commercial insurers. Tritt said the association had just authorized a statewide survey to gather updated financial information from hospitals, which she said would take about a year to complete. She also explained that Medicaid pays weekly, Medicare and commercial plans can involve delays and denials, and that hospitals often spend significant resources on revenue cycle work. The discussion ended with a brief update on assisted living reimbursement: DHS said one facility, The Pillars of the Community in Crossett, had announced closure, nine Living Choices waiver clients were being transitioned, and the updated rate study would be available after cost reports are collected, likely before the end of the fiscal year. The meeting then adjourned.

Transcript Highlights:

• with the Mitigation Fee Act.
• and prohibiting impact fees on ADUs that are 750 square feet or smaller. and prohibiting impact fees
• Because many times they're avoiding impact fees, school fees, and they're already having to pay.
• ADU and you have a 4,000-square-foot house, the fee for the ADU would be one-quarter of the fee for
• So your fee under current law would be 25% of whatever the fee is, right? Yes.

Keywords: 988, house, all

Transcript Highlights:

• Currently, the fees that we assess are inadequate to fund the costs of providing services due to inflationary
• c> services<00:04:28.440> provided charged for the services provided charged for the services
• <00:06:47.160> I fees and our elevator inspection fees I fees and our elevator inspection
• Due to this, fees no longer align with the cost of services provided to contractors.
• The shipment label fee and the resale decal fee are both new.

Keywords: 1187, senate, all

Transcript Highlights:

• fee, and Airbnb describes that service fee as the cost associated with providing 24-7 technical support
• All right, so who pays the service fee if they're booking at a Hilton?
• So who pays the service fee is going to be the...
• The consumer will pay the service fee, but typically if it's a fee charged by one of those online travel
• But, in fact, Expedia has a 1% service fee built in that. Yes.

Bills: SB209, SB529, SB1265, SB1592, SB1728, SCR37, SCR38

Keywords: SB 529, Texas Tax Code, municipality, hotel and convention center, hotel convention center project, tourism development, economic development, tax revenue pledge, revenue commitment, qualified project, municipal finance, local government, special district, hotel occupancy tax, nearby establishments, convention center financing, city population 130000, Section 351.155, Section 351.157, child care

Transcript Highlights:

• It's supported by the Public Safety Trust Fund, which is fees on phone lines and wireless services.
• the professional fees.
• This is to pay one call architectural service fees and is supported by revenue from rent collected.
• It's the Department of Human Services, Division of Children and Family Services.
• It's the Department of Human Services, Division of Children and Family Services.

Summary: The committee reviewed a large slate of appropriation, transfer, and continuation requests across multiple sections. In Section B, members considered temporary FY27 appropriations for agencies including Health, DHS, Education, Treasury, Public Safety, State Police, Emergency Management, Aeronautics, Military, Economic Development, Game and Fish, and others, covering items such as maternal health outreach, LIHEAP overpayment returns, Wynne High School tornado rebuilding, senior food services, cybersecurity, crime victim claims, airport grants, conservation incentives, and emergency tower maintenance. Questions focused on the DHS senior services carry-forward and Treasury custodial banking fees tied to lower balances after COVID funds were spent down. All Section B items were approved. The committee then approved continuation requests, ARPA reallocations, and federal grant-related items in Sections B2, C1A, D1, D2, D3, E1, E2, E3, F1A, G1, H1A, I1A, J1/J2, K1/K2/K3, L1/L2, M1/M2, N1/N2, O1A, and P1A. These included university nursing and workforce programs, environmental and recycling grants, highway safety and emergency management grants, a transfer to the Merit Teacher Incentive Program, restricted reserve transfers for military, agriculture, UAPB, Game and Fish, and AETN, and various cash-fund and budget classification transfers. Several members asked for more detail on the State Police highway safety grant, VOCA victim compensation funding, the NSGP nonprofit security grant, and the Office of State Technology’s E-Rate-related transfer; agency officials explained the uses and noted that some funding levels depend on federal awards and collections. A notable discussion occurred on the Department of Commerce reallocation, which shifts 68 positions and $3 million among divisions to support an organizational realignment and avoid shortfalls. The committee also reviewed a state central services deduction request to keep the rate at 2%, a DHS overtime request for child protection caseloads, and a year-end adjustments request authorizing up to $1 million in temporary actions to close FY26 books without disrupting payroll or vendor payments. Most items were approved or, in some sections, simply reviewed without objection. The meeting adjourned after completing the agenda.

Transcript Highlights:

• For our other agencies, the Office of Emergency Medical Services has a governor-recommended fee or operating
• has a a governor recommended a services has a a governor recommended a fee<00:44:25.280> or<00
• The fee supports our ability to provide the services our community needs with the skilled staff who are
• hard work in including vitally needed Medicaid rate increases and reforms to our behavioral health fee-for-service
• Thank you. health fee for service codes and and um health fee for service codes and and um and<02:04:

Keywords: 1187, senate, all

Transcript Highlights:

• administrative fee. administrative fee.
• the fee.
• And if it's a fair fee, is it the right fee?
• Then, um fair fee, is it the right fee?
• the waiver of the Um which is the fee the waiver of the fee. fee. fee.

Keywords: 1189, house, all

Summary: The Long Range Capital Planning and Utilization Committee first approved the March 16, 2026 minutes, then took up several Department of Transportation property actions. The committee approved a Greenland access point sale for a cell tower site to Wakefield Investments for $132,800 plus a $1,100 administrative fee, and approved disposal of two Epsom parcels to the town at no cost, with the town assuming demolition of the former depot and the committee waiving the fee. It also approved a Milton access point sale to Jeremy West Champney and Cameron McDermott for $90,000 plus the fee, with conditions requiring permits and other approvals. During the DOT items, members asked about appraisals, access restrictions, and where the administrative fee goes; staff said the fee generally offsets agency administrative costs and may go to a dedicated fund or the general fund depending on the project. The committee then considered three Department of Environmental Services requests for utility easements to bring power to dams so gates can be operated more efficiently and potentially remotely. It approved an easement with New Hampshire Electric Co-op for Pine River Dam in Wakefield, an easement with New Hampshire Electric Co-op for Sunset Lake Dam in Alton, and an easement with Eversource for Suncook Lake Dam in Barnstead. Members discussed whether to waive the $1,100 administrative fee on these items, with some questioning the fee’s purpose and where it is deposited. The committee ultimately approved the DES items as requested, including the fee waivers, while asking staff to research the fee’s history, sufficiency, and use for a future report. Finally, the committee received informational items from the New Hampshire Council on Resources and Development. Members briefly discussed a property at Bloody Point in Newington and the related Sullivan Bridge demolition, and DOT staff said the property had been tabled previously and is now being worked on with Fish and Game for a possible transfer of management and future water access use. No votes were taken on the informational items.

Transcript Highlights:

• in the fee-for-service delivery system after members transfer.
• There are General Fund savings from lower utilization of other services in the fee-for-service delivery
• We do have a Medi-Cal fee-for-service fee schedule for payment rates in the fee-for-service delivery
• fee-for-service delivery system.
• for service, along with ...proposed shift of the UIS population from managed care to fee-for-service

Keywords: 987, senate, all

Transcript Highlights:

• Then there's a $3 electronic fee. This is what the DMV uses to fund all of its card servicing fees.
• It's specifically for card servicing fees.
• And then the actual registration fee is just a portion of all the fees, and then these additional fees
• No, that's a fee that's in the fee schedule for us, and so we manage that fee so that we don't accrue
• The registration fee is the same thing. Those fees, while we call them fees, are really taxes.

Keywords: 985, all

Transcript Highlights:

• They could start charging the fees that were in the law going to the Board of Funeral Services, and then
• However, our preliminary numbers think that that fee will be about $10 per service.
• um to each funeral administrative fee um to each funeral service<00:15:00.959> is<00:15:01.199
• that that fee will be about<00:15:13.920> $10<00:15:14.480> per<00:15:14.800> service
• license fees. license fees.

Bills: SB7, SB22, SB39, SB40, SB45, SB46, SB86, SB95, SB107, SB7, SB22, SB39, SB40, SB45, SB46, SB86, SB95, SB107

Keywords: voting rights, absentee ballot, protected classes, Alabama Voting Rights Act, felony conviction, election integrity, preclearance, Alabama Jobs Act, incentives, job creation, economic development, recapture provisions, capital investment, employment, board governance, occupational licensing, Sunset Law, public accountability, training requirements, SB40

Transcript Highlights:

• service service member to record of that service service member to ensure<00:30:57.679> that<00
• for a reasonable providing a service for a reasonable fee.<01:37:01.440> And<01:37:01.520>
• Uh, that would be quite unreasonable to charge a veteran upfront for that fee-for-service.
• So perhaps there are service providers who are providing reasonable fee.
• I don't know that I feel like any fee is reasonable if they can receive these services for free.

Keywords: 1183, house

Transcript Highlights:

• Human Services.
• the Committee on Human Services.
• for the Committee on Human Services.
• for the Committee on Human Services.
• services.

Keywords: 1184, house, all

Transcript Highlights:

• And the goal is pretty simple: if you are selling a product or a service and there is a mandatory fee
• You are selling a product or a service, and there is a mandatory fee, a fee that you know you're going
• put up, which is if you have an automatic service fee, right?
• Like if you've got a... ...every restaurant put up, which is if you have an automatic service fee, right
• Water reimbursement fees, liability insurance fees, parking fees, excessive late fees—the list goes on

Summary: The committee took up several House measures. HCR 66, as amended, asked Louisiana Economic Development and the Governor’s Office of Rural Development to study rural parish assets, infrastructure, workforce, and development opportunities, and it was moved forward without objection. HB 387, a clarification to allow the fire marshal’s office to review architectural and engineering plans equally, also passed favorably without objection. HB 1223, which would have LED promote Louisiana’s clinical trial capacity and adjust internal review board processes, was amended and moved favorably. HB 950, aimed at helping older adults recognize and avoid fraud through materials and resources from the Office of Elderly Affairs, was reported favorably. HB 975, a routine measure to recreate the Public Service Commission, was also reported favorably. HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, was amended and moved favorably. HB 1222, described as a Grocery Initiative Act to let LED identify ways to address food deserts and food insecurity, was introduced near the end of the meeting. The most extensive debate centered on HB 617, a consumer transparency bill requiring mandatory fees to be included in upfront pricing. The author said the bill was intended to curb hidden fees and help consumers compare prices, with examples such as hotel resort fees and automatic restaurant service charges. Supporters argued it would improve transparency, while opponents from grocery, restaurant, hotel, housing, retail, and business groups said the bill was too broad, vague about terms like “total price,” unclear on enforcement and penalties, and could create compliance burdens and litigation risk, especially for small businesses. Housing advocates opposed the bill’s housing carve-out, arguing it could weaken renters’ ability to bring unfair-practice claims. Senator Morris moved to defer HB 617, and the committee agreed without objection. The committee also heard lengthy testimony on HB 797, which would create a Bayou Gold certification for certain transactional gold vendors that meet state-defined standards such as segregation, insurance, and nearby storage. The sponsor said the goal was to give consumers confidence and encourage vendors to keep gold closer to Louisiana, while critics argued the program would amount to a state endorsement of private companies, create misleading consumer impressions, and expose the state to confusion or liability. The bill drew opposition from the Sound Money Defense League and others, but the committee ultimately reported HB 797 favorably, with the understanding it still had to go to Finance. HB 1228, a hearing-aid cleanup bill updating definitions, contracts, testing periods, and licensing rules, was also moved favorably without objection.

Transcript Highlights:

• fees, native plants.
• either has to be reasonably related to the service or the fee must be reasonably necessary for the service
• either has to be reasonably related to the service or the fee must be reasonably necessary for the service
• service.
• So fees, right? These are usually for, like, provision of a service to the person paying the fee.

Bills: SB1180, SB1215, SB1270, SB1290, SB1292, SB1294, SB1430, SCR1028

Keywords: income tax, conformity, Arizona Revised Statutes, taxpayer, federal regulations, firefighters, occupational disease, workers compensation, cancer presumption, police officers, hazardous duty, SB1270, Arizona retirement system, public safety personnel, defined contribution plan, correctional officers, corrections officers, retirement contributions, supplemental contributions, retention incentive

Transcript Highlights:

• fee-for-service benefits.
• care coordination services would still be a part of the fee-for-service model?
• care coordination services would still be a part of the fee-for-service model?
• The FI for service, the coordination services that you talk about that would be available under the fee-for-service
• in the fee-for-service delivery system.

Summary: The Assembly Budget Subcommittee on Health held a May Revision hearing covering several health-related budget proposals and broader concerns about the state’s budget structure. The Chair opened by praising some May Revision changes, such as added health IT funding, county administration support tied to Medi-Cal changes, a delay in Medi-Cal cuts for some lawfully present immigrants, and additional support for Covered California subsidies, while criticizing proposed increases in Medi-Cal premiums, changes to senior eligibility, the lack of a Medi-Cal dental solution, and other reductions affecting counties, mobile crisis units, workforce incentives, and physician shortages. The Legislative Analyst’s Office said the state’s budget condition remains weak despite progress on the structural deficit, and the Department of Finance said the May Revision uses a mix of reductions, reforms, revenue proposals, and fund shifts to cut out-year deficits. The committee first heard Department of State Hospitals proposals, including adjustments to county bed billing authority, contract exemption language for online clinical/pharmacy subscriptions, reversion of unspent funds, a revised Metro Central Utility Plant replacement project, electronic health record implementation, and workforce development funded partly through Behavioral Health Services Act resources. DSH also described savings and realignments in incompetent-to-stand-trial and conditional release programs, including extending the independent placement panel program and shifting funds to support additional bed capacity and a mental health rehab center. Members asked about the use of BHSA funds for workforce programs, and the department said the proposal would replace General Fund support with BHSA reimbursements. The Emergency Medical Services Authority proposed funding for statewide behavioral health crisis response guidance and for enterprise system development, and the Department of Managed Health Care proposed modernization of its complaint system and claims-settlement data system to improve oversight and comply with AB 3275. The largest discussion centered on the administration’s BHSA spending plan under Proposition 1, including state-directed prevention, workforce, and other uses, plus General Fund offsets for existing programs. The LAO questioned whether some proposed offsets fit Proposition 1’s non-supplant and eligible-use requirements, while the administration argued the uses were consistent with the measure and that the state-directed share can be adjusted annually. The Commission for Behavioral Health’s proposals drew the most public and member concern. The administration proposed cutting the commission’s Innovation Partnership Fund from $20 million to $10 million and reducing the Community Advocacy Program by $6.7 million, while redirecting BHSA dollars to other state purposes and direct services. Commissioners, advocates, and several members argued the cuts would weaken community voice, reduce support for underserved populations, and disrupt grants already in process; they also objected to using BHSA funds to backfill General Fund commitments. Public commenters, including youth, disability, behavioral health, LGBTQ, tribal, veteran, immigrant, and community-based organization representatives, overwhelmingly opposed the cuts and urged preservation of prevention, advocacy, mobile crisis, and innovation funding. No votes or final actions were taken during the hearing.

Transcript Highlights:

• fall fees, charging people fees for falling.
• fall fees, charging people fees for falling.
• fall fees, charging people fees for falling.
• It just says if you're going to raise prices, charge fees, take away services, you have to explain why
• > you charge fees, take away services, you charge fees, take away services, you have<00:35:20.240

Keywords: 1187, senate, all

Transcript Highlights:

• services that are on our Medicaid fee services that are on our Medicaid fee schedule<00:34:26.399
• <01:09:29.679> for Kentucky uses primarily a fee for Kentucky uses primarily a fee for service
• They then shift that person over from the MCO system to the fee-for-service way of paying.
• of system to the fee for service way of system to the fee for service way of paying.<01:17:43.920
• They also do fee for service coverage.

Keywords: 958, all

Summary: The Medicaid Oversight and Advisory Board meeting began with a roll call and approval of the October 7 meeting minutes. The chair then reordered the agenda to hear the item on Medicaid reimbursement rates and network adequacy first because of scheduling issues. Dr. Steve Robertson of the Kentucky Dental Association was sworn in and testified at length about Kentucky’s dental Medicaid program, arguing that reimbursement rates are unsustainably low, have been largely flat for decades, and are often below the cost of providing care. He said Kentucky ranks near the bottom nationally in oral health, dental Medicaid rates are often 60% or less of commercial rates, and the program’s share of the Medicaid budget has effectively remained around 2% despite growth in enrollment and services. Dr. Robertson said the low rates are contributing to provider losses, rural access gaps, longer wait times, dental deserts, and greater use of emergency rooms for preventable dental problems. He cited examples of office costs exceeding reimbursement for basic procedures, noted that many dentists are small private businesses, and said the state is struggling to recruit and retain dentists because of low payment levels and high student debt. He also pointed to disparities with neighboring states and said recent increases in some oral surgery and cleaning codes were not enough to address the broader problem. His recommendations included completing the rebasing study, increasing dental reimbursement in the upcoming budget, tying future reviews to inflation and cost data, aligning benchmarks, and prioritizing preventive and restorative care to improve workforce stability and access. Board members asked about the size of the needed increase, the effect of private insurance on dental practice finances, and what a new dentist might expect to earn. Dr. Robertson said the association is working on an appropriations request and that private insurance pressures are part of the problem as well, since many plans are HMOs or PPOs with limited provider control over rates. He also said the association can no longer conduct reimbursement surveys because of FTC restrictions, but would try to obtain current ADA data. In response to questions about the future of the program, he warned that without significant changes it could become unsustainable and cited Ohio and Missouri as examples where higher reimbursement improved provider participation and access. The board then heard from Mr. Bowman of Baldwin Consulting, who discussed outpatient behavioral health providers, including ABA therapy and mental health/substance use disorder services. He said these providers face similar issues of rising costs, flat reimbursement, and access problems. He reviewed Kentucky’s network adequacy standards, including travel-time standards, 30-day appointment limits, and newer federal requirements that will require services within 10 business days by 2029. He said wait times for outpatient behavioral health, especially children’s services and ABA, have grown substantially, sometimes to more than a year, and emphasized that the Medicaid department must enforce these standards.

Transcript Highlights:

• The biggest one is our fee-for-service model, where we pay hospitals on a per diem.
• The biggest one is our fee-for-service model, where we pay hospitals on a per diem.
• through the fee-for-service.
• And in addition to the regular fee-for-service payments, we do make hospital access payments.
• the state required, the state share requires. for the fee-for-service population.

Summary: The subcommittee met to review Department of Human Services hospital payments in Arkansas Medicaid, with DHS Secretary Janet Mann and Deputy Secretary Misty Eubanks presenting first, followed by Arkansas Hospital Association Executive Vice President Jody Ann Tritt and a brief comment from Arkansas Children’s. DHS outlined the main hospital payment streams: fee-for-service per diem payments, upper payment limit (UPL) supplemental payments, cost settlements, and smaller payments such as graduate medical education and disproportionate share hospital funds. Members asked for plain-language explanations of cost settlements, why per diem rates vary by hospital type, and why UPL applies to private hospitals. DHS said cost settlements and UPL are mechanisms to help offset Medicaid underpayment, with SFY 2025 hospital payments totaling hundreds of millions of dollars and no general revenue used for supplemental payments beyond the state share funded through hospital assessments and related financing structures. Committee members focused heavily on whether Arkansas hospitals are adequately reimbursed and why rural hospitals struggle. Tritt explained that critical access hospitals, rural emergency hospitals, PPS hospitals, and specialty hospitals operate under different federal and state rules, and said lower per diem rates for some facilities help with cash flow and later cost settlement adjustments. She said Arkansas hospitals are under financial strain, citing a negative patient services margin statewide and noting that Medicaid, Medicare, and commercial payers all contribute to the problem. She also said the association had just authorized a statewide survey of hospital finances and costs, which she expected would take about a year to complete. A major theme was commercial insurance reimbursement. Tritt argued Arkansas hospitals are paid far less than hospitals in neighboring states even though premiums are similar, and said administrative burdens, prior authorizations, and denials add to the problem. She said hospitals receive about 52 to 53 cents on the dollar for Medicaid costs without UPL and about 78 cents with UPL, still below cost. Members also discussed Medicare wage index issues, Medicare Advantage, and whether hospitals could use technology or alternative arrangements to improve finances. No votes were taken on the hospital presentation. At the end of the meeting, DHS provided a brief update on Living Choices and assisted living reimbursement. Officials said one assisted living facility, Pillars of the Community in Crossett, had announced closure, with nine waiver clients being transitioned to other settings. DHS said the current cost reporting period was underway and that a new rate study could be ready for review before the end of the fiscal year if reports were submitted on time. Members also asked about the broader waiver plan, and DHS said the next waiver iteration would likely be brought back to the committee in the summer.

Transcript Highlights:

• serve as a g per case the maximum fee serve as a g per case the maximum fee that<00:04:42.919>
• we have looked at the number of fees we have looked at the number of fees that<00:08:33.719>
• fee cap for one attorney<00:08:53.480> the<00:08:53.600> fees<00:08:53.920> that
• recognize that out of your gross fee recognize that out of your gross fee there<00:09:03.240>
• So the key fee is capped at $500.

Keywords: 958, all

Summary: The subcommittee met to discuss the guardian ad litem system, including appointment qualifications, training, payment, and whether any changes are needed. Roll was called, the February 25, 2025 minutes were approved, and the chair emphasized that the meeting was informational only and no vote would be taken. Representatives from the Court of Justice, including Chief Justice Deborah Henry Lambert and several family and district judges, testified about how the system has evolved since concerns raised in 2019 about overappointment and fees. Court witnesses said the judiciary responded to earlier concerns by requiring open appointment lists of trained and qualified attorneys, improving training, and increasing oversight of fee orders. They reported that statewide GAL fees have fallen from a little over $14 million in 2019 to about $12 million, even as caseloads have grown, and said the average payment works out to about $650 per case, with the statutory cap for trial-level GAL fees still set at $500 since 1986. They argued that the current local appointment model works well, especially in rural areas, and warned that moving to a DPA-style regional model would create serious scheduling and conflict problems because of overlapping dockets and related criminal cases. Judges from rural districts described shortages of available attorneys, high burnout, travel burdens, and the difficulty of finding enough counsel in smaller counties. They also said the Court of Justice cannot seek certain federal Title IV-E reimbursements, but urged the legislature to encourage the Finance and Administration Cabinet and the Cabinet for Health and Family Services to pursue that funding through an MOU. One judge noted that some appointed attorneys are effectively underpaid relative to private rates and that better compensation would help attract and retain lawyers. The discussion also covered training standards adopted after the 2019 audit. Witnesses said Rule 37 now requires initial training and four hours of multidisciplinary continuing training every two years, with topics including child development, trauma-informed care, substance use, child welfare, forensics, ethics, and communication with clients. They said the Court of Justice has offered in-person regional trainings and remote options, and that the goal is to keep qualified attorneys on the appointment lists while improving representation for children and parents in dependency, neglect, abuse, and termination-of-parental-rights cases.

Transcript Highlights:

• He added that other financial services companies or exchanges that hold funds can assess fees at multiple
• fees.
• There are no mandatory fees, no late fees, and no interest.
• fees.
• There are no mandatory fees, no late fees, and no interest.

Keywords: 995, all

Summary: The committee heard testimony on several financial services bills, with the main focus on cryptocurrency kiosk regulation, financial literacy, and earned wage access. Legislators and witnesses described widespread crypto-related scams targeting older adults, often involving impersonation, urgency, spoofed phone numbers, and rapid transfers through kiosks that are difficult to trace or recover. Supporters of the kiosk bills said Massachusetts needs licensing, registration, transaction limits, warning notices, receipts, refund protections, and other safeguards; some also urged a “pause” or hold on transactions to give victims time to reconsider and allow law enforcement to intervene. The Attorney General’s office, AARP, local law enforcement, and several prosecutors and sheriffs backed the consumer-protection approach, while Bitcoin Depot supported a narrower regulatory framework but opposed low fee caps and strict daily limits, arguing they would function like a ban and reduce legitimate use. Witnesses from Waltham police, Middlesex and Essex County law enforcement, and the AG’s office said crypto scams are growing quickly, losses are often unrecoverable once funds move, and current tools are limited. They described cases involving elderly victims losing thousands of dollars, and said warnings alone are not enough because scammers keep victims on the phone and guide them through the process. Some witnesses said a temporary hold or refund mechanism has worked in at least one case, while others emphasized that transaction limits and visible disclosures could reduce harm even if they do not stop fraud entirely. The AG’s office also said it would submit written opposition to separate earned wage advance legislation, while DailyPay testified in support of that bill, saying earned wage access helps workers bridge short-term gaps without debt or credit reporting. The committee also heard support for mandatory financial literacy education from Representative Jim Hawkins, who said high school students need instruction on credit, debt, and inflation before they enter adulthood. In addition, the committee took testimony on litigation financing bills from insurance industry representatives, who argued for disclosure and regulation of predatory litigation lending and warned about foreign interference and reduced plaintiff recoveries. No votes or final actions were taken during the hearing; members asked questions throughout, and the chair noted the need to move testimony along because of time constraints.