Transcript Highlights:

• Uh, we have an annual independent financial audit.
• , to help allocate those tax credits for the creation of housing.
• He said it is not a band-aid, renters’ credit, builder’s credit, or whatever.
• It's not a a band-aid, band-aid, band-aid, renters's<01:14:10.159><c> credit,</c> renters's credit, renters's
• credit, builder's<01:14:12.320><c> credit,</c><01:14:12.880><c> whatever.

Committee: Senate Housing and Homelessness Prevention

Transcript Highlights:

• Florida Accountability Office in the legislature comprising of four divisions, reorganizes certain audit
• functions, and expands the audit mission to include investigations of whistlebar complaints and other
• The bill also changed. expands the audit mission to include investigations of whistleblower complaints
• I earned credits for free. I was working a part-time job at McDonald's.
• And they talked about how those Advanced Placement courses allowed them to have college credit by the

Summary: The House convened with prayer, the pledge, quorum call, and several recognitions, including guests for Education and Sharing Day, law enforcement officer of the day Detective Miata Anderson, and later FAMU Day at the Capitol and other visiting groups. The chamber adopted the special order report and then moved through a series of budget-related bills and conforming measures, with debate focused largely on recurring funding, environmental programs, housing, insurance reserves, and tax policy. Members approved HB 5011/SB 2506, which conform environmental resource funding to the proposed budget by shifting Seminole Gaming Compact-related dollars from recurring to nonrecurring funding; supporters said this preserves annual legislative review, while opponents warned it would reduce funding for the Resilient Florida program, wildlife corridor protection, invasive species removal, and other conservation efforts. The House then passed HB 5013, reducing state-funded property reinsurance reserves by lowering the RAP program and repealing FORA funding, and HB 5501, which redirects documentary stamp tax revenues from housing and transportation trust funds to general revenue; Democrats argued the housing changes would reduce affordable housing support, while Republicans said the move was needed to control recurring spending. The chamber also passed HB 5015 on state group insurance, HB 5201 on Florida PALM accounting conforming changes, HB 5203 on Capitol Center tenancy and utilities control, and HB 5009 creating a Florida Accountability Office and revising audit and budgeting functions. The most extended debate came on HB 7031, which permanently reduces the state sales tax rate from 6% to 5.25% and also lowers several related tax rates. Supporters described it as broad-based, immediate tax relief for Floridians, while opponents said property tax relief would be more targeted and that sales tax cuts also benefit tourists and out-of-state visitors. The bill passed 112-0. The House then took up the main budget bill, HB 501, and subcommittee chairs outlined the proposed $112.9 billion budget, including education, health care, transportation, agriculture and natural resources, higher education, state administration, justice, and IT spending. Members began questioning the pre-K-12 budget on school funding, vouchers, proration, mental health and safety allocations, and inflation, with the discussion continuing beyond the excerpt provided.

Transcript Highlights:

• </c><04:07:25.640><c> and</c><04:07:25.840><c> Reporting</c> accountability and Audits and Reporting
• from the state Auditors part of audit from the state Auditors part of the<04:07:55.760><c> legislative
• Every school credit goes up for students when students are taken out of the school.
• </c><04:25:03.960><c> goes</c><04:25:04.399><c> up</c> school the cost per credit goes up school the
• cost per credit goes up unless<04:25:05.720><c> you</c><04:25:06.119><c> eliminate</c><04:25:06.720><

Summary: The executive session focused primarily on HB 563, which revises the school funding formula, especially the adequate education grant amounts for special education students and the treatment of fiscal capacity disparity aid. Representative Ladd moved OTPA on Amendment 06508, explaining that FY 26 would largely hold the current formula steady, while FY 27 would increase several per-pupil amounts, including base cost, free and reduced-price meals, English language learner aid, and special education differentiated aid. He said the special education change was based on estimated case loads across disability categories and that the amendment also reinstates fiscal capacity disparity aid, using a formula intended to better assist property-poor communities. Several members supported the amendment as a step in the right direction, saying it better recognizes special education costs and separates property wealth from low-income student counts. Others raised concerns about the lack of time and the absence of a printed spreadsheet showing how the fiscal capacity disparity aid would affect each town. In response, sponsors said the spreadsheet existed, that the LBA had copies, and that the amendment would help about 40 target towns, while Manchester would be the main community receiving less under the new formula because of prior shifts in the extraordinary needs grant. Discussion also covered the broader impact of the bill, with members noting that about 200 of the state’s 245 cities and towns would see an increase and 45 a decrease under the proposed FY 27 changes. Supporters argued the bill was a compromise given limited revenues and that it should move forward so it can be considered by the full House and then Finance. No final vote on the amendment or bill was taken in the portion provided, and the chair indicated the committee was still deciding whether it had enough information to proceed.

Transcript Highlights:

• A doctor will not write the exemption if the audit system threatens punishment.
• And do we know how many of those 26 that were disciplined went through an actual audit?
• However, an audit reviews largely for compliance.
• And so in the next appendix, we completed the audit for you.
• The next appendix, we completed the audit for you.

Committee: Senate Health

Summary: The committee first took up SB 1377, a bill on medical exemptions for school immunizations. The author and supporters said the measure was a narrow reform to restore physician discretion and reduce what they described as chilling effects from audits and license discipline; opponents from pediatric, medical, public health, and school groups argued the current system already works, protects against fraudulent exemptions, and should not be weakened. Committee members debated the data, the number of exemptions reviewed or revoked, and the effect of the proposed amendments. The bill was amended in committee, but because there was no quorum it was not formally voted on at that time. The committee then heard SB 995, the Masuma Khan Justice Act, which would create a statewide inspection and compliance framework for large private detention facilities. The author and supporters described severe conditions in immigration detention, including denial of medication, unsafe food and water, and lack of oversight, and the bill was presented as a response to those abuses. The California Hospital Association raised concerns about duplicative regulation and overlapping standards, but said it was continuing to work on a solution. The committee discussed constitutional and jurisdictional issues, and the bill was moved on a do-pass motion to the Committee on Judiciary with a 5-0 vote placed on call. Next, SB 1089 was heard, proposing expanded access through CalPERS and CalRX to GLP-1 medications for chronic weight disease and diabetes prevention. The author and supporters from the American Diabetes Association and medical groups argued the drugs are effective tools to prevent type 2 diabetes, reduce long-term costs, and improve health equity, while the author also shared personal experience with weight loss and medication access barriers. There was no opposition testimony. The bill was moved on a do-pass motion to the Committee on Labor, Public Employment, and Retirement with a 5-0 vote placed on call. Finally, the committee heard SB 1221, dealing with Murphy conservatorships for people found not guilty by reason of insanity or otherwise under criminal-mental health conservatorship. Supporters, including prosecutors and psychiatrists, said the bill addresses a gap created by a court decision and would improve public safety and placement decisions for a small population of high-risk individuals. Opponents from county behavioral health and disability rights groups warned it would turn a civil process into a quasi-criminal one, expand district attorney involvement, and disrupt bed prioritization and least-restrictive-placement principles. The discussion centered on the scope of the bill and its amendments, but no final vote was taken in the portion provided.

Transcript Highlights:

• Speaker, this policy not only doesn't make the appropriate accommodations to the credit allowance market

Bills: HB1160 , HB1289 , HB1339 , HB1798 , HB1065 , HB1795 , HB2107 , HB2113 , HB2124 , HB2125 , HB2133 , HB2134 , HB2140 , HB2185 , HB2191 , HB2205 , HB2211 , HB2219 , HB2245 , HB2253 , HB2283 , HB2343 , HB2406 , HB2501 , HB2531 , HB2574 , HB1170 , HB1544 , HB1834 , HB2156 , HB2188 , HB2206 , HB2360 , HB2471 , HB2478 , HB2525 , HB2605 , HJM4012 , HB1104 , HB1152 , HB1254 , HB1443 , HB1710 , HB1750 , HB1903 , HB1941 , HB1974 , HB1982 , HB1983 , HB2006 , HB2034 , HB2105 , HB2179 , HB2203 , HB2215 , HB2223 , HB2239 , HB2247 , HB2297 , HB2303 , HB2322 , HB2329 , HB2334 , HB2338 , HB2345 , HB2348 , HB2350 , HB2353 , HB2355 , HB2363 , HB2367 , HB2379 , HB2388 , HB2399 , HB2418 , HB2420 , HB2428 , HB2441 , HB2462 , HB2464 , HB2467 , HB2495 , HB2505 , HB2534 , HB2539 , HB2544 , HB2551 , HB2554 , HB2557 , HB2575 , HB2577 , HB2588 , HB2594 , HB2604 , HB2636 , HB2714

Keywords: design review, local government, land use, zoning, project permits, housing density, middle housing, affordable housing, parking minimums, single-family zoning, infill development, growth management, comprehensive plan, permit streamlining, objective development regulations, architectural review, administrative review, transit-oriented development, accessory dwelling units, ADU

Summary: The House took up several bills on second and third reading, beginning with House Bill 2360 on expanding access to albuterol in public and private schools. A motion to recommit the bill to the House Health Care and Wellness Committee failed on a roll call vote, 38 yeas to 56 nays. Supporters said the bill would help school nurses respond to students in respiratory distress and reflected input from nurses, OSPI, and the Department of Health. Opponents raised concerns about training, drug interactions, follow-up care, costs to districts, and schools making medical decisions without a diagnosis. The bill then passed 60-34. House Bill 2467, clarifying measurement rules for fifth-wheel travel trailers, passed 94-0 after sponsors said it would help Washington dealers and consumers. House Bill 1983, relating to timberland tax treatment when land is sold to DNR, passed 68-26 amid debate over whether it would help forest management or make it easier for DNR to acquire timberland. House Bill 2531, updating ambulance transport fund quality assurance rules to align with federal regulations and preserve matching funds, passed unanimously 94-0. The House also passed Substitute House Bill 1390, which phases out the Community Protection Program for certain developmentally disabled individuals with high-risk histories and transfers participants to other waiver programs. Supporters said the program was overly restrictive, out of compliance with federal law, and had trapped people in long-term confinement-like conditions; opponents argued it would weaken public safety and move dangerous individuals into community settings without adequate safeguards. The bill passed 52-44. House Bill 2367, eliminating a preferential treatment related to the former TransAlta coal plant in Centralia, passed 63-33 after supporters framed it as closing the book on coal and opponents warned about energy reliability, jobs, and an emergency clause. Substitute House Bill 2133, making a property tax exemption for certain senior centers permanent, passed 96-0. Substitute House Bill 2355, establishing labor protections for domestic workers, passed 57-39 after supporters emphasized dignity and long-standing worker abuse concerns, while opponents cited fiscal impacts. The House then passed Engrossed Substitute House Bill 2534, with a technical amendment, to improve educational stability for children in military families; it passed 96-0. Engrossed Second Substitute House Bill 1974, creating a land banking framework to support affordable housing, passed 59-37 after an amendment reduced fiscal impact by striking some tax preference sections. House Bill 2223, allowing certain irrigation district board service by farmers with spouses employed by the district, passed 93-3. Substitute House Bill 2239, allowing family burial grounds on private property, passed 96-0 after supporters cited rural needs, cultural traditions, and personal family stories. The session also included a brief congratulatory recognition for Representative David Stuebe after his first bill passed the House.

Bills: HB1160 , HB1289 , HB1339 , HB1798 , HB1065 , HB1795 , HB2107 , HB2113 , HB2124 , HB2125 , HB2133 , HB2134 , HB2140 , HB2185 , HB2191 , HB2205 , HB2211 , HB2219 , HB2245 , HB2253 , HB2283 , HB2343 , HB2406 , HB2501 , HB2531 , HB2574 , HB1170 , HB1544 , HB1834 , HB2156 , HB2188 , HB2206 , HB2360 , HB2471 , HB2478 , HB2525 , HB2605 , HJM4012 , HB1104 , HB1152 , HB1254 , HB1443 , HB1710 , HB1750 , HB1903 , HB1941 , HB1974 , HB1982 , HB1983 , HB2006 , HB2034 , HB2105 , HB2179 , HB2203 , HB2215 , HB2223 , HB2239 , HB2247 , HB2297 , HB2303 , HB2322 , HB2329 , HB2334 , HB2338 , HB2345 , HB2348 , HB2350 , HB2353 , HB2355 , HB2363 , HB2367 , HB2379 , HB2388 , HB2399 , HB2418 , HB2420 , HB2428 , HB2441 , HB2462 , HB2464 , HB2467 , HB2495 , HB2505 , HB2534 , HB2539 , HB2544 , HB2551 , HB2554 , HB2557 , HB2575 , HB2577 , HB2588 , HB2594 , HB2604 , HB2636 , HB2714

Keywords: design review, local government, land use, zoning, project permits, housing density, middle housing, affordable housing, parking minimums, single-family zoning, infill development, growth management, comprehensive plan, permit streamlining, objective development regulations, architectural review, administrative review, transit-oriented development, accessory dwelling units, ADU

Summary: The House convened with a quorum present, the Pledge of Allegiance and prayer were offered, and the chamber approved the previous day’s minutes. Members then caucused briefly before moving into second reading and third reading action on several bills, with the day also marking the start of the three-minute debate rule through House of Origin cutoff. The House passed House Bill 2338, which expands the low-income home weatherization program to support community-scale weatherization projects, especially for multifamily housing. It also passed House Bill 2353, raising the threshold for requiring predesign work on public projects from $10 million to $15 million, and Substitute House Bill 2363, a trailer bill allowing music therapy students to practice under supervision while exam scores are pending. Members described these as efficiency measures and consumer or workforce improvements. The chamber also approved Substitute House Bill 2525 to establish the Heritage Orchard Program and a registry at Washington State University to preserve rare and heritage apple varieties, with sponsors emphasizing the importance of Washington’s apple industry and agricultural history. Additional bills passed unanimously included Substitute House Bill 2420 on increasing small works roster thresholds, Substitute House Bill 2428 on preventing unintended lapses in life insurance by allowing third-party designees, House Bill 2604 allowing electronic signatures for transferring salvage vehicles to insurers, and Substitute House Bill 2107 making permanent a pilot requiring Labor and Industries to notify employers of identified job-site hazards within 10 days. Finally, the House adopted Amendment 1517 and passed Engrossed Substitute House Bill 2247, which updates veterinarian-client-patient relationship rules to allow telehealth between required physical visits and requires annual veterinarian oversight for certain animal production, commercial, and breeding operations. All of the listed bills received overwhelming support, with each final passage vote recorded at 94 yeas and 0 nays, except House Bill 2338, which passed 93-1.

Bills: SB5223 , SB5831 , SB5928 , SB6183 , SB6071 , SB5995 , SB5966 , SB5841 , SB5840 , SB6061 , SB6058 , SB5931 , SB5944 , SB5520 , SB6011 , SB6087 , SB6076 , SB5916 , SB6016 , SB5936 , SB6137 , SB5956 , SB6025 , SB6009 , SB5833 , SB6161 , SB6188 , SB5890 , SB5917 , SB5820 , SB5973 , SJM8015 , SB5816 , SB6136 , SB6091 , SB6024 , SB5053 , SB5249 , SB5536 , SB5834 , SB5837 , SB5872 , SB5879 , SB5899 , SB5925 , SB6019 , SB6148 , SB6184 , SB6190 , SB6237 , SB6086 , SB5574 , SB5873 , SB5992 , SB5924 , SB6134 , SB6263 , SB5395 , SB6282 , SB5905 , SB6302 , SB5950 , SB6074 , SB6226 , SB6096 , SB5970 , SB6269

Keywords: criminal offense, fingerprinting, law enforcement, state regulations, public safety, mortgage modification, uniform regulations, homeowners, financial stability, foreclosure prevention, wildfire risk, disclosure, safety, environmental policy, risk assessment, SB 6183, HIV, antiviral drugs, antiretroviral therapy, AIDS

Transcript Highlights:

• </c> entities are the trust companies credit entities are the trust companies credit unions<00:17:20.439
• Per the back of the chart, that's the banks, credit unions, and trust companies.
• The audit team is also part of enforcement, so we have five auditors who audit the books and records
• firms, those other firms do out-of-state audits and multi-state audits.
• firms, those other firms do out-of-state audits and multi-state audits.

Summary: The committee first heard the Banking Department’s fiscal year 2026-2027 budget presentation from Commissioner Amelia Galeri. She described the department as a self-funded consumer protection regulator overseeing two main areas: the Banking Trust Division, which supervises state-chartered banks, credit unions, and trust companies, and the Consumer Credit Division, which oversees more than 7,000 licensees including mortgage and money transmitter businesses. She said the department’s budget is about 86% salaries and benefits, with 53 positions all filled, and explained that the agency funds itself through fees, fines, and end-of-year assessments on regulated entities. Galeri said the department is facing workload growth from several directions: continued growth in the trust industry, increased fintech supervision, and a new requirement to regularly examine auto dealers that take finance applications, which adds about 300 exams over two fiscal years. She said the department was directed to flat-fund its budget based on 2025 levels but was allowed to increase travel and training. To stay within that limit, she said the department reduced office space, went paperless, converted administrative and licensing positions into examiner positions, and expects to defund an embedded DOJ database administrator position once a new SharePoint system is fully implemented. Members asked about how the department’s revenue and assessments work, including whether fees were increasing and how much existing banks would pay. Galeri said fees are not being raised, most banks pay little or no fines, and assessments are based largely on asset size, with trust companies paying the bulk. She also explained that fines are set by statute, generally capped at $2,500 per violation for consumer credit entities, and said she would not recommend increasing that cap. The committee then voted to accept the Banking Department’s budget proposal as presented in HQ1, with a motion and second and no discussion. The transcript then moved to the Department of Energy budget. Commissioner Jared Chakin and Chief of Operations Lenny Radio discussed federal program funding, including LIHEAP fuel assistance and weatherization. They said the apparent drop in fuel assistance funding from FY 2024 actuals to the budgeted amount is due to the loss of ARPA and CARES Act supplemental funds, while weatherization remains a federally constrained program with a waiting list and limited flexibility. Members also asked about a proposed transfer from the renewable energy fund; staff said the transfer would still allow the department to carry out its statutory duties for the year, though the committee deferred deeper discussion until House Bill 2.

Transcript Highlights:

• So it boosts the credit. I definitely agree with Dr.
• We have also instituted audits to ensure the providers are getting more. I think there's...
• Audit on how much the insurance companies, the MCOs, have made with this?
• We've provided more than 19,000 continuing education credits just this year.
• So I didn't actually give you anything; I was just trying to take credit for it.

Committee: House Legislative Health & Human Services Committee

Transcript Highlights:

• SB 1387, long-term storage accounts, credits percentage. Natural Resources.
• Long-term storage accounts, credits percentage. Natural Resources.
• SB 1422, credit enhancement eligibility. Board communications. SB 1423, WIC continuation.
• training; SB 1332, light rail extension participation prohibition; SB 1333, SNAP error rate forensic audit

Summary: The Senate convened with prayer and the Pledge of Allegiance, then approved the journal and recorded attendance. Members observed a moment of silence for former Representative Noel Campbell, and several guest groups were recognized in the gallery, including Greater Phoenix school district leaders, GCU Government and History Club students, Arizona Food Bank Network representatives, and local and tribal officials visiting for appropriations and transportation-related discussions. The chamber also adopted a proclamation recognizing International Holocaust Remembrance Day. Senators and guests offered remarks about the Holocaust, rising antisemitism, and the importance of education and remembrance, followed by a moment of silence. Later, the Senate received and unanimously adopted House Concurrent Resolution 2045 honoring the life and public service of former Congressman Raul Grijalva, with members of the Grijalva family present on the floor and several senators sharing personal tributes. The Senate then processed a long list of governor’s nominations, first readings, and second-reading bill referrals, including measures on natural resources, education, health, public safety, elections, taxation, utilities, and appropriations. Senator Bolick also read a proclamation for National School Choice Week. The body recessed briefly, returned to consider SCR 1036 on Attorney General public statements, and then received committee announcements before adjourning until the next day.

Transcript Highlights:

• We also recommend a statewide internship tax credit to encourage small businesses to hire students in
• Trade bound support in allowing for trade skills and apprenticeships to count towards credit in high
• Yeah, so we proposed the statewide internship tax credit for small businesses to encourage them to hire
• That tax credit would fall upon? Yes, yes. Okay. And it is tough.
• They asked me to carry Assembly Bill 1864 that would have given a tax credit to small businesses for

Committee: House Economic Development, Growth, and Household Impact

Transcript Highlights:

• This creates a retroactivity problem that may be impossible to audit or remediate.
• AB 2285 would give state-chartered banks and credit unions the tools to offer digital asset services
• As digital assets move into traditional finance, our state banks and credit unions need updated tools
• We absolutely support online safety audits for chatbots.
• We're also very interested to see the amendment prohibiting the sharing of audit reports with private

Committee: House Privacy and Consumer Protection

Transcript Highlights:

• And many of the times, if they've got the experience when they come to us, we'll give them some credit
• could answer that. >> I'm being rhetorical because I'm just making a point that they're not being audited
• :10.480><c> being</c> branch, why aren't these people being branch, why aren't these people being audited
• 20:02.800><c> more</c> uh possibly get, you know, more more uh possibly get, you know, more more auditing
• , you know, within this type of auditing, you know, within this type of workforce.<01:20:05.440><c> And

Summary: The committee met on October 23, 2025, approved the September minutes, and heard testimony on a proposed “Kentucky by America” procurement preference bill. Representative Patrick Flannery described the concept as giving preference in public construction and public works contracts to iron, steel, aluminum, and other manufactured goods made in the United States, while emphasizing he wanted to avoid excessive taxpayer costs and was open to changes. Chad Connley of the United Steelworkers and Dustin Reinsteller of the Kentucky State AFL-CIO supported the idea, arguing it would strengthen domestic manufacturing, keep tax dollars in the local economy, and support jobs; Connley said the bill would include waivers for items not made domestically and noted Kentucky has opted out of the GPA trade agreement. Mike Buckington of Metals Innovation Initiative, testifying virtually, also supported the concept and said Kentucky’s metals sector has seen significant investment and can supply most construction needs, while stressing supply-chain reliability and national security concerns. Members generally expressed support but raised questions about implementation. Representative Branscum asked who would grant waivers and how contractors would know the rules during bidding; Flannery said he was open to revising the language and process. Representative Gentry supported the concept but said the bill would likely need editing to avoid harming businesses or markets. Senator Nun suggested aligning the bill’s definition of a U.S. good with industry country-of-origin standards to make compliance easier. Representative KC Carney asked for data on the impact of similar laws in other states, and Connley said he could provide numbers later but did not have them on hand. Senator Boswell supported the concept and asked about the cost threshold for waivers; Connley said the federal standard is a 25% cost increase, while the prior Kentucky version used 10%, and that the threshold is a key detail. The committee then shifted to an informational presentation on building trade apprenticeships. Eric Elie of the Kentucky State Pipe Trades Association, Nick Brown of Plumbers and Pipefitters Local 502, and retired IBEW training director Steve Willinghurst explained how union apprenticeship programs work. Brown described earn-while-you-learn training, with apprentices placed on jobs by signatory contractors and attending classes two nights a week for five years. He outlined the work of plumbers, pipefitters, welders, and HVACR technicians, emphasizing that these trades support construction, industrial facilities, distilleries, and other critical infrastructure. No votes or formal actions were taken on the policy topics beyond approval of the prior minutes.

Transcript Highlights:

• </c><01:06:14.000><c> I</c> Housing Finance AY's audit director.
• I Housing Finance AY's audit director.
• </c><02:21:41.439><c> I</c> Housing Finance AY's audit director.
• I Housing Finance AY's audit director.
• </c> and the Enhanced Premium Tax Credits and the Enhanced Premium Tax Credits have<05:41:55.520><c>

Transcript Highlights:

• We can audit them. We did that for... ...cut at appropriations. So we can ask for them.
• We can audit them. We did that for the most recent school safety plan out of our own resources.
• Not all plans, not all guidance at the state level has the ability for us to audit it. Got it.
• And that comes down to our ability for us to audit all of these school districts, whether it's LEAs.
• just to kind of get an... ...auditing a certain percentage, right, and just kind of like randomized

Committee: House Emergency Management

Transcript Highlights:

• We don't audit. Yeah, we're—we respond to complaints.
• been scammed you been scammed have you been scammed we<00:12:09.920><c> don't</c><00:12:10.120><c> audit
• yeah we're we we respond we don't audit yeah we're we we respond to<00:12:15.399><c> complaints</c><
• Care housing credit reports debt collection<00:16:13.959><c> utilities</c><00:16:14.680><c> and</c><
• bureaus and prohibiting law to credit bureaus and prohibiting law law<00:18:13.240><c> Prov</c><00:18

Committee: House Commerce Finance and Policy

Transcript Highlights:

• .annual program fees that we've done, expanding eligibility for the registered apprenticeship tax credit
• credentials plus defense and manufacturing occupations, and also maintaining support for the tax credit
• Outdated systems also create potential audit vulnerabilities that could affect regulatory credibility
• , also known as a SOC audit, which we obviously just heard about from EOTS.
• Due to FY26 budget constraints, this audit process has already experienced delays.

Committee: Joint Joint Committee on Ways and Means

Summary: The Joint Committee on Ways and Means held a public FY27 budget hearing at Barnstable Town Hall, with opening remarks emphasizing the Cape and Islands’ seasonal infrastructure, housing, transportation, workforce, and digital needs. The hearing began with testimony from the Executive Office of Labor and Workforce Development, which outlined the Healey-Driscoll administration’s budget priorities for job training, apprenticeship, youth employment, reentry programs, and unemployment insurance modernization. The secretary highlighted proposed funding for the Workforce Competitiveness Trust Fund, Career Technical Initiative, YouthWorks, reentry workforce development, and services for young adults with disabilities, along with a proposal to streamline youth work permits. Members also discussed the unemployment trust fund, the COVID assessment on employers, rising unemployment, and the need to improve DUA customer service and claims processing. Committee members asked about job seeker barriers such as child care, housing, transportation, and out-migration of young workers, as well as how to keep Cape Cod graduates and seasonal workers in the region. The administration said its strategy is to pair training with broader affordability investments and to expose students to career pathways earlier, including through middle school, early childhood STEM, YouthWorks, pre-apprenticeships, and Building Pathways. Senators and representatives also raised concerns about regional funding disparities, especially for Hampshire Franklin MassHire, and the administration said it is reviewing MassHire funding and service equity through a policy committee and statewide workforce board. On unemployment assistance, officials reported major improvements in wait times and claims processing, but said they are still working through backlogs and staffing challenges while maintaining program integrity. The committee then heard testimony from the Executive Office of Economic Development. The secretary described House 2 as a fiscally restrained budget with no new taxes or fees, while preserving core programs and using the Mass Leads Act tools to support competitiveness. EOED’s proposal included funding for the Community One Stop for Growth, rural economic development, social enterprise operating grants, regional economic development organizations, the Workforce Investment Trust Fund, Community Workforce Partnerships, Pathmaker, advanced manufacturing training, life sciences, innovation vouchers, AI initiatives, small business assistance, and tourism and live theater support. The Office of Consumer Affairs and Business Regulation also testified on its FY27 request, focusing on consumer protection, licensing, banking, insurance, and public safety regulation. No votes were taken during the hearing.

Transcript Highlights:

• "But if you look at all of this and you factor in tax credits, federal tax credits, Chapter 313 agreements
• Do we physically look at them or audit them?
• We're trying to do this from a detailed sort of audit basis, bottom up.
• federal tax credits.
• credits, yes, that’s correct.

Committee: Senate Business & Commerce

Transcript Highlights:

• Christopher Hodge, waiving and support, Florida Credit Union Association. Thank you.
• The bill provides DFS with the authority to audit or examine stablecoin issuers to verify reserve backing
• It provides DFS with the authority to audit or examine stablecoin issuers.
• includes property casualty, liability, workers' comp, as well as evolving risks like cybersecurity, credit

Summary: The Senate Committee on Banking and Insurance met with a quorum present and heard a full agenda of bills, most of which were reported favorably. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and passed without objection after supportive testimony from banking and credit union groups. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program; the sponsor described it as a way to move emergency out-of-network payment disputes away from costly litigation and into an independent dispute resolution process modeled on the federal No Surprises Act. A proposed amendment drew significant questions from senators and concerns from the Florida Insurance Council about confusion over state versus federal eligibility and possible effects on contracted rates, and the sponsor ultimately withdrew the amendment. The underlying bill was then supported by health care and insurance stakeholders and reported favorably. SB 684 on electronic signatures for total loss vehicles and vessels also passed, with Progressive Insurance waiving in support. The committee next approved CS/SB 158 on pet insurance, which requires continuing education for agents, clearer consumer disclosures, and annual reporting to OIR; the amendment was technical and adopted. SB 1494 on breast cancer screening coverage was presented as expanding required coverage for mammograms and supplemental screenings for certain insurance products, and it passed with support from cancer and radiology groups. CS/SB 314 on digital asset issuers was amended to create a Florida framework for payment stablecoin issuers consistent with the federal GENIUS Act, allowing state-level regulation as an alternative to federal supervision, and was reported favorably. SB 1500 on uncontested probate proceedings, including higher small-estate thresholds and clearer authority for personal representatives, also passed after a banking-related amendment requiring letters of administration for safe deposit box access was adopted. Later, the committee approved CS/SB 618 on workers’ compensation insurance, which raises the consent-to-rate cap for workers’ comp policies from 10% to 20% and adjusts the Florida Workers’ Compensation Guarantee Association board membership; a carrier representative testified that the change would help keep more high-risk accounts in the voluntary market. CS/SB 1568 on a Florida Stable Coin Pilot Program was amended to remove authority for DFS to create a Florida coin, limit the pilot to existing stablecoins with at least $1 billion market capitalization, and require qualified public deposit handling; it then passed. CS/SB 838 on electronic payments for retail installment contracts clarified that convenience fees for electronic payments are permissible while preserving a fee-free option, and it was reported favorably after questions about consumer access to free payment methods. SB 1452, the Department of Financial Services agency bill, made a wide range of administrative changes affecting My Safe Florida Home, unclaimed property, licensing, bail bonds, and other DFS functions; a late-filed amendment on title insurer appointments was adopted, and the bill passed. The committee also approved SB 1706 on the My Safe Florida Condominium Pilot Program, targeting condo hardening assistance to owner-occupied units meeting income and occupancy criteria, and SB 990 on protected cell captive insurance companies, which the sponsor and industry witnesses said would modernize Florida law and promote insurance competition and economic activity. The meeting ended with all bills on the agenda reported favorably and the committee adjourning without objection.

Transcript Highlights:

• Christopher Hodge, waiving and support, Florida Credit Union Association. Thank you.
• The bill provides DFS with the authority to audit or examine stablecoin issuers to verify reserve backing
• dollars. ...processing them just like any other payment method, and provides DFS with the authority to audit
• property and casualty, liability, workers' compensation, as well as evolving risks like cybersecurity, credit

Committee: Senate Banking and Insurance

Summary: The Banking and Insurance Committee considered a full agenda of insurance, financial services, and probate bills. Early action included SB 1000, setting a floor and ceiling for interest on attorneys’ trust accounts, which was reported favorably. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program for out-of-network emergency claims. Senator Graal explained it as a way to reduce litigation and use a dispute-resolution process similar to the federal No Surprises Act. An amendment intended to require plan disclosure and prevent default by nonparticipation drew questions from members and concerns from insurers and providers about clarity and scope, especially whether it could affect contracted rates or shift claims between state and federal systems. Senator Graal withdrew the amendment, and the bill was reported favorably after testimony from insurers and emergency physicians both supporting the underlying dispute-resolution concept while asking for further clarification. The committee also favorably reported SB 684 on electronic signatures for total loss vehicles and vessels; CS/SB 158 on pet insurance, which adds agent continuing education, stronger consumer disclosures, and annual reporting to OIR; SB 1494 on breast cancer screening coverage, expanding required mammogram and supplemental screening coverage; and CS/SB 314, a strike-all bill creating a Florida framework for payment stablecoin issuers consistent with the federal GENIUS Act. CS/SB 1500 on uncontested probate proceedings was also approved, with an amendment addressing access to safe deposit boxes by requiring letters of administration. SB 618 on workers’ compensation insurance raised the consent-to-rate cap from 10% to 20% for workers’ comp policies and adjusted the Florida Workers’ Compensation Guarantee Association board membership; supporters said it would help keep high-risk employers in the voluntary market. Later, the committee approved CS/SB 1568 creating a Florida Stablecoin Pilot Program within DFS to allow certain stablecoin payments for fees, after a substitute amendment removed authority for a Florida coin, limited eligible stablecoins, and required qualified public deposit handling. CS/SB 838 clarified that convenience fees for electronic payments on retail installment contracts are permissible, while preserving a fee-free payment option; members discussed consumer access and fee concerns. CS/SB 1452, a broad DFS agency bill covering My Safe Florida Home, insurance administration, unclaimed property, licensing, and other departmental changes, was reported favorably after a technical amendment. The committee also approved SB 1706 creating a My Safe Florida Condominium Pilot Program targeted to owner-occupied, lower-income condominiums, and SB 990 authorizing protected cell captive insurance companies in Florida, with supporters arguing it would modernize law and promote competition. The meeting concluded with all bills on the agenda that were heard being reported favorably and the committee adjourning without objection.