Video & Transcript Research : 'judgment finding'
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NH
New Hampshire 2026 Regular Session
House Criminal Justice and Public Safety (01/21/2026)
Criminal Justice and Public Safety
Transcript Highlights:
- <00:48:12.880>
since that bill from what I can find since that bill from what I can find since - <01:23:36.639>
an innocent training would find an innocent training would find an objective - want to find out who John Smith is. want to find out who John Smith is.
- this as reconnaissance or factf finding this as reconnaissance or factf finding in<02:30:00.240>
- <04:46:22.240>
And can actually find human remains. And can actually find human remains.
VA
Transcript Highlights:
- He was a steady presence, a trusted advisor, and someone whose judgment I relied on in moments that require
Summary:
The House convened with prayer and the Pledge of Allegiance, approved the prior journal, and then took up a series of memorial and commending resolutions out of order and in block. Members offered tributes to Colonel James T. O’Kelly for his Marine Corps service and later public service; to Taran Mehta and DeWan Anthony Stiegel, Jr.; to Noreen Torin for her long career in Central Virginia journalism; to Bernard L. Henderson, Jr. for extensive public and civic service; and to Child’s Family Orchards for growing a record-setting peach. Several additional memorial and commending resolutions were adopted in block, including newly added resolutions for Stephanie Daniel Myers and Lynn Kathleen McKay, among others.
The chamber then considered the conference report on House Bill 30, the biennial state budget. Speakers praised staff and conferees for their work and noted provisions such as pay raises for teachers and state employees, infrastructure funding, a higher standard deduction, and a utility-related rebate issue. Some members criticized the budget as a large spending increase and argued it did not provide enough tax relief, while others supported it and emphasized keeping commitments to data center tax policy and adding co-ops to rebate efforts. After debate, the House adopted the conference report by a vote of 71 yeas to 22 nays.
At the close of business, the House was informed that the calendar was complete, reminded about a constituent relationship management software survey, and then recessed pursuant to House Resolution 2069.
MA
Massachusetts 2025-2026 Regular Session
Senate Session Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- It was necessary that I was respectful of their wishes while also maintaining my own judgment.
Summary:
The Senate held an informal session centered on its annual scouting recognition program, led by Senator Tarr and other Senate leaders. Scouts from several Massachusetts councils recited the Pledge of Allegiance, the Scout Oath, and the Scout Law, and the chamber heard a report on Scouting America in Massachusetts from Eagle Scout Molly Murphy of Woburn, assisted by other scouts and flag bearers from across the Commonwealth. Murphy described her own scouting experience, leadership roles, Eagle Scout project, and the challenges and benefits of scouting, emphasizing leadership, service, and community impact.
Murphy also presented statewide scouting statistics for 2025, including 19,761 youth in 872 units, 9,402 adult volunteers, more than 23,500 merit badges earned, 482 Eagle Scouts, and over 203,000 hours of community service valued at more than $3 million. The Senate voted to print the scouting report in the Journal. Senators then read and presented a gubernatorial proclamation declaring April 23, 2026, as Scout Appreciation Day in Massachusetts, citing scouting’s service, character-building, and conservation values.
In addition to the scouting program, the Senate transacted several routine matters. It passed to be enacted two local bills: one authorizing Marblehead to establish a means-tested senior citizen property tax exemption and another further regulating the appointment of a special police officer in Malden. The Senate also adopted a resolution commending the IBS patient support group for recognizing April 19, 2026, as World IBS Day, and it engrossed a bill allowing retired police officers to serve as special police officers in Fairhaven after adopting an amendment, as well as a bill increasing the Haverhill Board of Health from three to five members. The Senate adopted an order to reconvene on Monday at 11 a.m. and then adjourned.
AZ
Arizona 2026 Regular Session
06/02/2026 - House Democratic Caucus Calendar #21
Transcript Highlights:
- It allows a court to enter a judgment of conviction for a Class 1 misdemeanor for someone who's convicted
Summary:
The caucus reviewed several bills and Senate or conference committee amendments, with members generally noting whether the sponsor intended to concur. HB 2749 would let courts enter a Class 1 misdemeanor conviction for certain lower-level felony convictions, with the Senate amendment requiring at least five years since completion of sentence before eligibility. HB 2082 would create a childhood cancer and rare childhood disease research commission and adjust funding rules, including a five-million-dollar threshold tied to appropriations or federal grants. HB 2096 would allow counties to seek WIFA assistance for cesspool remediation, with the Senate adding an alternative compliance path using ADEQ’s nonpoint source management plan. HB 4001 would regulate alternative nicotine products through the Department of Liquor Licensing and Control; members discussed whether some tobacco-related products remain outside the bill, tribal enforcement limits, and the absence of a tax provision. The presenter said the AG and governor support the bill.
The caucus then shifted to conference committee bills. HB 2003 would lower the learner’s permit age from 15.5 to 15 and increase supervised driving time, but several members raised safety concerns and questioned whether the change was needed; the conference amendment would let current instruction permit holders qualify for a license after six months, while still requiring age 16 for licensure. HB 2133 would impose content-verification requirements for commercial websites publishing sexual material, with conference changes exempting pre-effective-date motion pictures and television programming. Members noted the Motion Picture Association still had concerns, though the changes addressed some retroactivity issues.
HB 2874 would change campaign finance penalty rules, including a five-day publication requirement for committees owing late-filing penalties, a $5,000 cap on penalties per late report, and retroactive relief for certain inactive committees that filed no-contribution/no-expenditure reports and later terminated; one member said they still had not received the outstanding fee totals requested on the floor. HB 2010 would regulate digital goods sellers and refunds for revoked access to licensed digital content; the conference version kept a five-year refund structure but changed the refund amount to 20% per year, clarified refund procedures, and removed the refund requirement if alternative access is provided. The caucus took no votes in the transcript and ended after the bill presentations and questions.
MO
Missouri 2026 Regular Session
Emerging Issues May 12th, 2026
Emerging Issues and Professional Registration
Transcript Highlights:
- other licensed professionals may use AI as a tool, but they must exercise independent professional judgment
Summary:
The committee met without a quorum at first, but proceeded with public hearings on two Senate bills. Senate Bill 944, sponsored by Sen. Carla May, would update the statutory salary range for the City of St. Louis sheriff’s attorney, which she said has been unchanged since 1990 and no longer reflects inflation, modern legal demands, or comparable compensation in other jurisdictions. Rep. Fuchs offered supportive remarks, and there was no opposition or informational testimony. No vote was taken on SB 944 during the hearing.
The committee then heard Senate Bill 1012, sponsored by Sen. Nicola, a broad artificial intelligence bill intended to clarify that AI is not a legal person, that humans remain responsible for AI-assisted decisions, and that licensed professionals must retain independent judgment. The bill also addressed companion chatbots, election-related AI disclosures, and other consumer protections. Supporters of the bill’s general accountability approach were not present in testimony, but opponents from Americans for Prosperity and the Missouri Chamber of Commerce and Industry argued the bill was overly broad, could chill innovation, and contained numerous drafting and cross-reference errors, including unused definitions and inconsistent metadata requirements. Members questioned how liability would apply to end users and noted the need for clearer drafting.
After public testimony, the committee moved into executive session on SB 1012. A motion was made for do pass, but the roll call resulted in zero ayes and 11 noes, and the bill was voted failed. The meeting then adjourned.
OK
Oklahoma 2026 Regular Session
Business and Insurance 2ND REVISED Feb 26th, 2026 at 09:30 am
Business and Insurance
Transcript Highlights:
- Those PBMs that have been involved in lawsuits have been fined or had a judgment against them for over
Keywords:
prosthetics, health insurance, medical necessity, patient rights, insurance liability, pharmacy benefits manager, healthcare providers, claims processing, reimbursement, insurance regulation, employees insurance, contract awarding, certifications, state procurement, insurance plan, mental health, substance use disorders, utilization review, benefit coverage, pharmacy
NY
New York 2025-2026 Regular Session
New York State Senate Session - 01/07/2026
New York Senate Floor Meeting
Transcript Highlights:
- responsibility to listen, not only to be informed but also to be guided, to allow those voices To sharpen our judgment
Summary:
The Senate convened, approved the prior journal, and briefly closed out the 2025 legislative session by adopting a concurrent resolution on adjournment. The chamber then reopened for the 2026 session with a quorum present, a prayer by Bishop Mark O’Connell, and opening remarks from the Lieutenant Governor, Minority Leader Rob Ortt, and Majority Leader Andrea Stewart-Cousins. The remarks focused on the responsibilities of the new session, the need to listen to constituents, and broad priorities such as affordability, public safety, rights protections, and working across party lines.
Governor Kathy Hochul’s message requesting the Senate’s presence for the 2026 State of the State address was read and filed. In their remarks, Ortt emphasized affordability, keeping more money in New Yorkers’ pockets, energy choices, and public safety, while Stewart-Cousins highlighted rising costs for housing, groceries, utilities, health care, and child care, along with defending voting rights, equal rights, and immigrant communities. Both leaders said their conferences were prepared to work with each other and with the Governor.
The Senate then adopted two organizational resolutions: one appointing Senators Bynoe and Chan to inform the Governor that the Senate was organized and ready to proceed, and another appointing Senators Ryan and Wildcat to inform the Assembly that the Senate was assembled and ready to proceed. No substantive legislation was debated, and the Senate adjourned until Monday, January 12, at 3:00 p.m., with intervening days designated as legislative days.
LA
Louisiana 2026 Regular Session
Transportation, Highways and Public Works May 5th, 2026
Transportation, Highways & Public Works
Transcript Highlights:
- first saw this, I thought this was amazing for folks that they're trying to track down that they can't find
- a study done by DOTD by, I believe, December 1 of this year, with a written report detailing the findings
- a study done by DOTD by, I believe, December 1 of this year, with a written report detailing the findings
- And we don’t have to find out who is the legislative liaison or who the master is in that area, where
- He's a deacon in his church and everything, you know, and it really put the spotlight on the judgment
Bills:
HR170, HR191, HR206, HR207, HR208, HCR53, HCR60, HCR68, HB714, HB762, SB40, SB48, SB55, SB56, SB69, SB115, SB133, SB151, SB170, SB235, SB278, SB330, SB420, SB438, SB449, SB489
Keywords:
U.S. Highway 90, US 90, Highway 90, St. Tammany Parish, Louisiana Department of Transportation and Development, DOTD, bridge removal, closed bridges, bridge demolition, transportation funding, federal appropriations, THUD appropriations, Transportation, Housing, and Urban Development, infrastructure, road reconstruction, evacuation route, hurricane evacuation corridor, New Orleans metro area, Mississippi Gulf Coast, public safety
Summary:
The House Transportation Committee met on Tuesday, May 5, and considered a long agenda of mostly transportation, public safety, and local infrastructure measures. Among the bills reported favorably were Senate Bill 420, which adds Vermilion and Iberia Parish representation to the Lafayette Metropolitan Expressway Commission; Senate Bill 69, which updates appointments to the South Tangipahoa Parish Port Commission after redistricting; Senate Bill 40, which expands Louisiana’s move-over/safety protections for emergency and disabled vehicles; and House resolutions from Rep. Dickerson urging DOTD action on Highway 16 widening, turn lanes on Highway 1024, and a roundabout on Highway 1019. The committee also advanced HCR 53 creating a study committee on oversized vehicle permits, SB 438 increasing per diem for the Greater Lafourche Port Commission, SB 449 giving the New Orleans Public Belt more procurement flexibility, SB 115 allowing DOTD to assume certain federal NEPA duties to speed project delivery, and SB 489 authorizing third-party verification of vehicle insurance coverage.
Members heard testimony on several safety and enforcement measures. SB 151 would flag OMV records for people who owe DNA samples under CODIS-related criminal provisions; State Police explained it would help law enforcement collect required samples and aid cold cases. SB 48 would create driver’s license reciprocity between Louisiana and Ireland, and SB 235 would clarify payment and liquidated damages rules for public contracts, with contractors and industry representatives saying it would help ensure timely payment to contractors, subs, and suppliers. SB 55 clarified that seat belts must be worn across both the lap and shoulder, and SB 278 required ignition interlock devices for DUI-related license reinstatement; committee members raised questions about due process, vehicle use, and how the devices would work, but both bills were reported favorably.
Several measures drew more extensive debate. HB 762, as amended, would give OMV discretion over referring certain debts to the Office of Debt Recovery or Attorney General, and the amendment passed 14-2 after discussion about relief for drivers who cannot pay. SB 330 on school-zone automated speed enforcement received an amendment preserving existing compliant pavement markings, but a separate amendment to exempt Shreveport, Gretna, Livonia, and Westwego from the law failed on a roll call vote. HB 714, as substituted, would have created a railroad commission and required railroads to address blighted or abandoned lines, but after concerns about federal preemption, definition of blight, and whether a new commission was needed, Rep. Phelps moved to defer the bill, and the committee agreed. The meeting ended with adjournment after a brief recognition of committee staff and visitors.
AR
Transcript Highlights:
- The way it is, and so this could apply to them as well, in my opinion, and I will find out more about
- something and then come to realize that this wasn't the agreement I thought, and they're going to find
- But in reality, the property rights find their root or their orthodoxy comes from the rights of individuals
- So without passing judgment on the merits of the bill, I say that this should have the opportunity to
- us will go through a process where we vote for a bill or are not told everything about it and then find
NM
Transcript Highlights:
- And find them when we're looking for where they're scheduled, but we will sometimes jump around the schedule
- What this law allows cyclists to do is exercise more of that judgment, it frees those constraints so
- I do this all day long, playing with statistics, so we'll find out.
- What is the requirement on the owner of the storage to find... Mr. Chairman, Mr.
- Is going to be really helpful to help to find those individuals.
NH
New Hampshire 2026 Regular Session
Senate Executive Departments and Administration (01/14/2026)
Executive Departments and Administration
CA
California 2025-2026 Regular Session
Assembly Floor Session May 27th, 2026
California House Floor Meeting
Transcript Highlights:
- And we should find a way to do so. But this isn't that.
- But the hard truth is that too many students cannot find a place to sleep at night.
- Let's find out what portion of what we want to ban is hazardous.
- Thank you very much. ...the science and finding out.
- Let's find out what portion of what we want to ban is hazardous.
Summary:
The Assembly convened, first dealing with quorum and routine procedural matters before moving through a series of third-reading bills, many focused on immigration enforcement, worker protections, child care, and school or voting-site safety. Early measures included AB 2393, AB 1994, AB 1929, AB 1633, AB 1650, AB 1655, AB 1851, AB 1896, and AB 2230, with authors and supporters arguing these bills would provide accountability, protect immigrant communities, preserve access to benefits and services, and limit intimidation by immigration enforcement. Opponents repeatedly argued the bills were anti-law-enforcement, unconstitutional, or based on exaggerated or nonexistent threats. Several bills passed by recorded vote, including AB 2393 (41-15), AB 1994 (58-0), AB 1929 (41-17), AB 1650 (44-19), AB 1655 (50-14), AB 1851 (56-0), AB 1896 (41-19), and AB 2230 (42-15). AB 1633, a 54-vote bill imposing a tax on for-profit detention facilities, was debated at length but the roll was not completed in the excerpt and the item was moved on from temporarily.
After a caucus break, the House returned and took up additional bills. AB 2379 would require child care providers to be informed of constitutional protections and receive multilingual training regarding immigration enforcement; it passed 59-10 on both the urgency and the measure. AB 2460 would direct the education department to update referral protocols so schools can better respond to students affected by immigration enforcement trauma and family deportation; it passed 52-8. AB 2495 would expand prohibitions on unfair immigration-related practices by employers, making immigration-related threats unlawful in workplace disputes; it passed 50-15. Throughout the day, debate was highly partisan and often heated, with repeated exchanges over whether the bills addressed real harms or were political messaging, but the Assembly ultimately advanced the measures that came to a vote.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, December 18, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- <00:37:29.280>
I faith to find some solutions on. I faith to find some solutions on. - Circuit Court of Appeals invalidated that approval, finding that the Environmental Review overlooked
- Circuit Court of Appeals invalidated that approval, finding that the Environmental Review overlooked
- I find it absolutely current president.
- I find it interesting exceedingly well.
HI
Hawaii 2025 Regular Session
WAM-PSM, WAM-AEN Informational Briefings 01-07-2025
Hawaii Senate Floor Meeting
Transcript Highlights:
- find find them<00:38:05.880>
no <00:38:06.079>I <00:38:06.280>I <00:38:06.480>- Are you finding the airline?
- Are you finding the airline?
- <02:11:28.040>
the information age are you finding the information age are you finding the- <02:31:39.960>
a can do one scan and essentially find a can do one scan and essentially find
Summary:
The committee heard budget testimony first from the Department of Corrections and Rehabilitation. Director Tommy Johnson outlined short-term goals to reduce overcrowding, improve living and working conditions, fill vacancies, expand mental health services, and update the correctional master plan. He said the department is still dealing with severe overcrowding at facilities such as OCCC and HCCC, with 947 people at OCCC against a design capacity of 628, and noted 938 inmates are currently housed on the mainland because of temporary repairs at Halawa. He also reported progress on staffing, saying the correctional officer vacancy rate has dropped from 34.3% to 24% through expanded recruitment. The department’s major budget request was $30 million for planning and design for a new Old Triple C project, along with other requests for re-entry services, identification documents, security systems, radios, sink-toilet modules, and trauma-informed care. Members asked about the timing and scope of the OCCC project, courtroom space in new facilities, and the department’s plan to use the funding to improve re-entry and reduce recidivism.
The committee then heard from the Department of Law Enforcement on a wide range of priorities. The department described requests to expand agricultural crime enforcement, traffic enforcement, illegal fireworks enforcement, and facilities such as a police building at the DKI airport, a state training center, and new police facilities in central and Leeward Oahu. It also discussed a major IT request for a statewide law enforcement and critical infrastructure notification platform, plus funding for grants management, the Wahiawa Civic Center and court complex, the prescription monitoring program, narcotics enforcement operations, and the narcotics lab. A significant portion of the discussion focused on a proposed traffic enforcement program for commercial vehicle inspections, speeding, and DUI enforcement, which the department said would be funded with federal dollars and would operate concurrently with county police. Committee members questioned whether the effort duplicated county jurisdiction and how the program would be trained and staffed.
Members also pressed the department on salary disparities for deputy sheriffs and related vacancies, and the department said the administration was working on a supplemental agreement and placeholder funding to address the issue. Additional discussion covered agricultural crime staffing, the Silver Alert program, and expansion of the forensic lab to handle explosives, firearms, and related evidence. No votes were taken in the portion provided, and the meeting moved from the corrections presentation to the law enforcement budget review with questions and answers throughout.
CA
California 2025-2026 Regular Session
Assembly Floor Session May 27th, 2026
California House Floor Meeting
Transcript Highlights:
- And we should find a way to do so. But this isn’t that.
- But the hard truth is that too many students cannot find a place to sleep at night.
- But the hard truth is that too many students cannot find a place to sleep at night.
- And so I do think that she has worked hard to find the balance.
- out—let’s find out what portion of what we want to ban is hazardous.
Summary:
The Assembly met in session, established a quorum, approved dispensing with the previous day’s journal, and then took up a long third-reading file. Early procedural actions included moving AB 1589 to the inactive file and continuing reconsideration items. The chamber then considered a series of bills largely focused on immigration enforcement, detention, worker protections, child care, voting access, and related public services.
Several immigration-related measures passed, including AB 2393 on damages for false imprisonment/arrest, AB 1994 on an immigrant victims’ rights and resources card, AB 1929 on health plan investment disclosures, AB 1633 imposing a tax on for-profit detention facilities, AB 1650 requiring decals on rental vehicles used for enforcement, AB 1655 protecting CalWORKs benefits when a child is detained, and AB 1896 disqualifying people who participated in immigration enforcement from certain public employment. AB 2230, which would bar immigration enforcement near polling places and child care facilities, also passed after extensive debate. Supporters framed these bills as accountability and protection for vulnerable communities; opponents argued they targeted federal law enforcement, were unnecessary, or raised constitutional concerns. AB 1851 on statewide school mental-health guidance also passed unanimously.
After the midday recess, the Assembly returned and continued with more bills tied to immigration impacts and child welfare. AB 2379 passed with urgency, requiring child care providers to be informed of constitutional rights and trained on protections when confronted by immigration enforcement. AB 2460 passed to update school behavioral-health referral protocols for students affected by immigration enforcement trauma. AB 2495 passed to expand prohibitions on employer immigration-related threats, and AB 2662 was presented as a way for California to monitor and document federal enforcement actions and report on their community impacts. Throughout the day, the floor featured repeated exchanges over whether the bills addressed real problems or were political messaging, but the measures that came to a vote generally advanced with majority support.
HI
Transcript Highlights:
- Marie, you're welcome to give opening remarks. her judgment and her performance. her judgment and her
- <00:13:52.880>
out that we we take the time to find out that we we take the time to find out - inquiries and to get dig deeper to find inquiries and to get dig deeper to find out<00:14:31.680
- Um, are you finding that to be a hard find or a hard recruit to recruit teachers?
- Sorry, I've got to find it. Okay. Sorry, I've got to find it.
FL
Florida 2026 Regular Session
Joint Legislative Auditing Committee Nov 3rd, 2025
Transcript Highlights:
- You'll find that at the back of tab 1.
- Finding one: town council elections.
- Finding two: conflicts of interest.
- That leads us to the next finding, finding six: conduct of town council meetings.
- Finding eight: ethics training.
Summary:
The Joint Legislative Auditing Committee first heard a long-running audit finding involving Daytona Beach’s unexpended building permit funds, which have exceeded the statutory limit for several years and were reported at $10.8 million in the most recent audit. Mayor Derek Henry and city staff said the city has analyzed the fund, adopted a corrective action plan, waived more than $5.5 million in permit and inspection fees over several periods, and used some excess funds for a training facility rehabilitation and a proposed City Hall expansion. Committee members repeatedly questioned whether the city was simply trying to spend down the money, raised concerns about the legality and necessity of proposed expenditures, and asked about interest earnings, truck purchases, and the lack of detailed tracking for training-facility use. The city said an Attorney General opinion allows construction of a new building for building-code functions but not purchase of an existing building, and that if the city cannot comply through permissible construction it would have to return the funds. No vote was taken, but members expressed strong frustration and urged the city to resolve the issue quickly and lawfully.
The committee then received the Auditor General’s presentation on the Town of Greenville, which found 31 findings and described pervasive control failures, possible fraud, waste, and abuse. The findings covered elections and quorum issues, conflicts of interest, late or missing financial disclosure forms, related-party transactions, poor meeting notices and minutes, council involvement in day-to-day operations, missing ethics training, budget and accounting deficiencies, weak bank reconciliations, improper utility billing and rates, grant compliance problems tied to a grocery store project, personnel and compensation issues involving the town manager, late vendor payments, weak procurement and P-card controls, vehicle-use and property-control problems, public records issues, and IT/fraud-policy weaknesses. The auditor said the review focused mainly on October 2022 through February 2024 but went back further for some grant-related matters.
Greenville’s mayor and staff said the audit reflected actions of a previous administration and that the current council and staff have already adopted seven new policies to improve procurement, financial controls, inventory management, grant oversight, and ethics. They said the town has a new manager and clerk, that the former manager was terminated, and that the town referred matters to FDLE, which is investigating. Committee members asked about the manager’s salary increase, severance, P-card use, and whether the town should consider consolidation or dissolution. The mayor said the town is on a better path, that most of the prior leadership has been voted out, and that the town is working with auditors and an outside accounting firm to correct the problems.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/25/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- This job requires constant vigilance, quick reflexes, and sound judgment.
- This is the only plan that we can<01:38:07.920>
find <01:38:08.239>in <01:38:08.480> - >
country <01:38:09.119>with <01:38:09.360>a <01:38:09.520>billion can find - in the country with a billion can find in the country with a billion dollars<01:38:10.000>
in - I find it kind of ironic, as Senator Papus said, that we're getting pushback on here.
MN
Minnesota 2025-2026 Regular Session
Committee on Judiciary and Public Safety - Part 1 - 04/17/26
Judiciary and Public Safety
Transcript Highlights:
- Trying to find stable housing, trying to become financially stable.
- judgment. Thank you. Thank you, Mr. judgment. Thank you. Thank you, Mr. Chair.
- <00:57:32.560>
the written agreements, then find the written agreements, then find the authorized - I just find that to be somewhat unusual.
- c><02:04:32.120>
be I just find that to be I just find that to be somewhat<02:04:33.480>unusual
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (11/12/2025)
Transcript Highlights:
- And so there was a judgment, uh, there ended up being a civil judgment against this defendant, and the
- judgment creditors sought to obtain this money from the trust.
- One finding that sometimes trips up One finding that sometimes trips up defendants<01:20:59.040>
is - of a de facto some unfalsifiable finding of a de facto backdoor?
- You can find it in the website. You can find it in the resources<01:33:35.120>
section.
Summary:
The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects.
The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case.
Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.