Transcript Highlights:

• Lender.
• The first is the impact and benefit for borrowers and lenders.
• What lenders are actually eligible?
• You also ask some questions about lender eligibility.
• Or am I already working with a lender and the lender is like, here's your packet, submitted to CalHFA

Transcript Highlights:

• We can make bigger loans and not just cap it at $50,000, which was the earlier program that Marquita
• Are we the lender of last resort?
• We are not requiring this to be the lender of last resort.
• And it's been growing and growing, so we've never been able to cap that need.
• I do understand you are the lender; you are not the provider, but there are loan criteria which includes

Committee: House New Mexico Finance Authority Oversight Committee

Transcript Highlights:

• And because equity growth is capped, homes remain affordable for future buyers.
• For lenders and policymakers, the financial impacts are clear.
• Because you said you capped speculation, which sometimes makes the prices go up.
• I actually just got a text from a lender. That law went into effect mid-October.
• I actually just got a text from a lender that said, like, we're ready to go.

Committee: House Housing

Summary: The committee held a work session on land banking and shared homeownership models, with members and staff discussing ways to use public land and nonprofit partnerships to expand permanently affordable housing. Commerce’s Dave Anderson outlined recent policy changes that may support these models, including ADUs, middle housing, lot splitting, condominium reforms, church land housing, and public land transfer policies. He described community land trusts and limited equity housing cooperatives as ways for households to build some equity without owning land outright. Representatives asked about statewide numbers and implementation, and Commerce said it is preparing a guidebook for local planners. Pierce County staff described the Pierce County Community Development Corporation’s rapid acquisition fund, public-to-public land transfers, and land banking loans. They said the county used general fund and 1406 sales tax dollars to acquire properties, preserve a manufactured home park through resident ownership, and assemble public surplus and underutilized sites for future affordable housing. Committee members asked about the entity’s advantages over private developers, funding sources, coordination with housing authorities, and whether similar models exist elsewhere. The presenter said the main advantage is the ability to receive public property transfers at no cost and hold land while development plans are assembled. Amy Manning of the Spokane Regional Land Bank said land banks help move vacant, blighted, or underutilized properties into affordable housing and community use, but holding costs and taxes can make projects harder to finance. She described EPA brownfield assessments, Commerce planning grants, donated properties, and work with the City of Spokane on surplus and underutilized land. Victoria O’Beynion of the Northwest Cooperative Development Center then testified on limited equity cooperatives, especially in manufactured housing communities, saying they preserve affordability, support resident governance, and can build modest equity over time. She cited growth in cooperative acquisitions since 2020 and said recent legislation allowing manufactured homes in cooperatives to be titled as real property has improved access to traditional financing. The committee then shifted to maximizing existing housing stock. Dave Anderson reviewed the state’s recent housing laws and said implementation is still unfolding, with local code updates and planning cycles taking years. He noted growth in ADUs, room rentals, and multifamily production, but also concerns about short-term rentals and corporate ownership of single-family homes. Members asked for follow-up data on implementation timelines, vacancy, corporate ownership, and eviction patterns. Sightline’s Katie Gould presented on mobile dwelling units, arguing that RVs and tiny houses on wheels are a low-cost, fast-to-install housing option that is often blocked by zoning, and described cases where people were forced into precarious or illegal arrangements. AARP’s Kathy McCall closed by emphasizing aging in place, housing cost burdens on older adults, and the need for more accessible, lower-cost options such as ADUs, missing middle housing, and manufactured home community preservation.

Transcript Highlights:

• It has the authority to make loans or deposits with mortgage lenders for the purpose of making mortgage
• We are a participant lender as envisioned here.
• And so we would be in a subordinate position because of the larger bank lender.
• The 1.2% statutory rate cap would remain unchanged.
• Last year, the version of Senate Bill 5292 proposed increasing the rate cap from 1.2% to 2%.

Bills: SB6256 , SB6275 , SB5868 , SB5954

Committee: Senate Ways & Means

Keywords: tax exemptions, affordable housing, nonprofit, unoccupied property, housing policy, community reinvestment, economic development, local investment, financial assistance, SB 5868, superior court, judge, judgeship, judicial vacancy, court administration, Skagit County, Yakima County, RCW 2.08.061, Washington courts, county judges

Transcript Highlights:

• lenders.
• It makes sure that installment lenders...
• It makes sure that installment lenders adhere to the New York State rate cap and establishes fees and
• Yes, they do make money through relationships with lenders, but also the lenders themselves are offering
• towards regulating the lender.

Committee: House Consumer Protection & Business

Transcript Highlights:

• One is a lender or universal lenders.
• With respect to the lender, I think the same goes for the lender: the lender could easily have checked
• With respect to the lender, I think the same goes for the lender: the lender could easily have checked
• With respect to the lender, I think the same goes for the lender: the lender could easily have checked
• 00:41:59.599><c> could</c> for the lender that the lender could for the lender that the lender could

Bills: HB1946 , HB1515 , HB1514 , HB1648 , HB1644 , HB1619 , HB1571 , HB1810 , HB2475 , HB1645 , HB2301 , HB1889 , HB1840

Committee: House Consumer Protection & Commerce

Summary: The committee on Consumer Protection and Commerce met on February 26, 2026, and heard several bills, mostly in the areas of workers’ compensation and consumer protection. HB 1946 HD1 on timeshare registration renewal drew support from DCCA’s timeshare program and major industry groups including Hilton Grand Vacations, the American Resort Development Association, and Marriott Vacations Worldwide, with no opposition noted. HB 1515 HD1, which would allow an attending physician to request a functional capacity examination without employer permission, was supported by DLIR and the Department of Human Resources Development and had no other in-person testimony; the bill was then moved on without questions. The committee spent substantial time on HB 1514 HD1, which would streamline workers’ compensation vocational rehabilitation by clarifying provider selection and requiring vocational plans within 90 days. DLIR supported the intent but asked for amendments, saying the 90-day deadline was too rigid given case-by-case complexity, limited staffing, and the need for coordination among injured workers, employers, and counselors; members discussed possible extensions and whether a 120-day timeline or other flexibility would be better. Testimony on the bill included one individual in support and seven in opposition. HB 1648 HD1, concerning workers’ compensation and physician dispensing of non-prescription drugs, drew support from DHRD and comments from DLIR and industry witnesses. DLIR said the bill should be narrowed so it does not restrict medically necessary over-the-counter medications or oral guidance from providers, while Aloha Billing Company and Solera Integrated Medical Solutions urged tighter limits on physician dispensing and raised concerns about pricing abuse through average wholesale price. Members discussed clarifying the bill’s language so it targets written prescriptions rather than oral advice. HB 1644 HD1, requiring a standardized disclosure form for residential solar contracts, received support from the Hawaii Solar Energy Association and Kauaʻi Island Utility Cooperative, while DCCA’s Office of Consumer Protection supported the consumer-protection goal but proposed stronger remedies, including a three-day cancellation right, voidability for missing disclosures, and possible lender liability; members questioned how those remedies should apply to lenders, and no vote was taken on the measures in the portion provided.

Transcript Highlights:

• Rarely is that cap utilized.
• because the interest rate when we went to private price it had spiked up, and we were able to then cap
• We took all of our lenders out there and several other staff members and met in each county.
• We're going to move on to another great resource, which is our CAP program, and that's on slide seven
• , and Western Heritage. and several other lenders.

Committee: House House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:

• lenders.
• It makes sure that installment lenders adhere to the New York State rate cap and establishes fees and
• They do make money through relationships with lenders, but also the lenders themselves are offering a
• Yes, they do make money through relationships with lenders, but also the lenders themselves are offering
• towards regulating the lender.

Summary: The Consumer Protection and Business Committee held a work session on buy now, pay later (BNPL) transactions, focusing on how the products work, how they are used in Washington, and whether existing state law adequately protects consumers. Department of Financial Institutions staff described BNPL as short-term, usually no-interest installment financing offered at checkout, often with automatic payments, late fees, and varying credit-reporting practices. Members asked how BNPL compares with payday lending and earned wage access, whether it is effectively a loan or credit product, and whether Washington law already covers it. DFI explained that some BNPL structures may fall into a legal gray area under the Retail Installment Sales of Goods and Services Act because pay-in-four products may not meet the statute’s “more than four installments” language, while other structures may be covered; they also noted the Attorney General can enforce the act. DFI and committee members discussed consumer risks such as overextension, automatic debits, and lack of standardized disclosures, and DFI said it would follow up with additional data on defaults and related issues. Molly Gallagher of the Poverty Action Network and Nadine Chabrier of the Center for Responsible Lending argued that BNPL can help consumers but also poses significant risks, especially for lower-income consumers and consumers of color who already carry debt or use other alternative financial products. They said BNPL use has grown rapidly, often involves multiple simultaneous loans across providers, and can lead to overdrafts, late fees, and difficulty tracking obligations because payments are spread across different schedules. They emphasized concerns about weak disclosures, limited dispute protections, automatic payment structures, credit reporting inconsistencies, consumer overextension, and data privacy/dark-pattern marketing. They also described federal retrenchment, including the CFPB’s withdrawal of an interpretive rule that would have treated BNPL like a digital credit card, and pointed to state responses in places like New York, California, and Maryland. Committee members signaled interest in possible Washington legislation and stronger state oversight. Retail and business witnesses offered a more favorable view of BNPL as a cash-flow and sales tool. A Washington Retail Association representative described BNPL as an evolution of layaway and credit-card-style installment purchasing, noting that merchants receive payment up front minus fees while consumers get goods or services immediately and repay over time. A representative from a business using deferred-payment financing said the tool helps customers obtain equipment and helps the business manage inventory and cash flow, while NFIB said small businesses also use BNPL to bridge expenses and avoid higher-interest credit card debt. Members asked about merchant fees, consumer education, and whether BNPL is being used for impulse purchases or essential expenses like rent, car repairs, medical care, and travel. The chair concluded by saying the committee intends to pursue regulatory language and continue working with stakeholders, while also hearing from retailers to avoid eliminating legitimate financing tools.

Transcript Highlights:

• , or this $5 million cap, every year.
• , or this $5 million cap, every year.
• To adopt progressive revenue solutions such as the Governor's cap corporate tax credit proposal, the
• We have a cap of 250,000 per the statute.
• Also, on deciding which lenders to choose and the terms and conditions for those lenders, CalHFA would

Summary: The committee opened with the State Controller’s Office May Revision requests, including funding for Fiscal book-of-record stabilization, a Broadcom IDMS licensing adjustment, the California State Payroll System, ACFR reporting automation, and $3 million for unclaimed property outreach. Testimony emphasized progress on Fiscal becoming the state’s accounting book of record in July, faster ACFR publication, and the move to electronic unclaimed property claims. Members asked about the size of the unclaimed property fund and how quickly money is transferred to the General Fund; the Controller’s office said about $15 billion is held, with most excess transferred regularly, and the LAO noted the fund is the General Fund’s fourth-largest revenue source. No concerns were raised by Finance or the LAO, and the item was closed after no public comment. The committee then heard the administration’s proposal to tax prewritten digital software and software-as-a-service, with Finance saying it would modernize sales tax treatment and raise an estimated $450 million General Fund and $560 million local revenue in 2026-27. The LAO supported modernizing the tax but suggested broader digital goods coverage and a business-use exemption; industry and taxpayer groups opposed the proposal, warning of higher costs for consumers and businesses. Members also heard CDTFA’s administrative request tied to the proposal, plus a separate CDTFA budget reduction reflecting lower operational needs; that reduction was presented as a savings item and drew positive reactions. Next, the committee considered federal conformity for “Trump accounts,” which would align California tax treatment with federal rules for tax-deferred children’s accounts and avoid tracking burdens for families. The LAO recommended approval, and the item drew no opposition. The committee also heard a proposal to cut the first-year $800 annual business tax to $400 for LLCs, LPs, and LLPs; Finance argued it would lower startup costs and encourage new business formation, while the LAO said the benefit was not well targeted and could subsidize entities that would form anyway. Members discussed the policy tradeoff, and public commenters split between support for small business relief and concern about revenue loss. The final major revenue item was a permanent business tax credit limitation, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability, while excluding the low-income housing tax credit and personal income tax credits. Finance said it would raise significant revenue from large profitable corporations, and the LAO said it was a reasonable option but noted it would mainly affect the R&D credit and could have future implications for programs like California Competes. Public testimony was sharply divided, with business groups opposing the cap and anti-poverty advocates supporting it as a way to recapture revenue. The committee also heard FTB’s CalFile realignment request, which would return most of the direct-file-related resources to the General Fund while retaining a smaller staff to improve CalFile, and the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which members and advocates supported despite relatively modest annual donations. The hearing continued with GoBiz proposals on civic media funding, CA RISE reappropriation, and a semiconductor facility reversion, with the LAO supporting the latter two and members raising questions about the civic media program’s scope, outreach, and inclusion of broadcast and ethnic media.

Transcript Highlights:

• If we cap the appreciation in the partnership... ...the appreciation in the partnership or, you know,
• First, the public and private lenders who finance LECs and their members have their own requirements,
• And in fact, many of the lenders or the funders, if it's a public entity, will provide cash... ...the
• And the Wakiya requirements sometimes duplicate and/or are at odds with lender requirements.
• So what we're trying to... ...and/or are at odds with lender requirements.

Summary: The Civil Rights and Judiciary Committee heard testimony on several bills. House Bill 2445, requested by the Attorney General, would curb “probate for profit” schemes by extending the waiting period before a “suitable person” can be appointed, limiting non-intervention powers and repeat appointments, tightening venue rules, and restricting self-dealing by estate administrators. The sponsor and Attorney General’s Office described cases in which strangers used probate loopholes to control estates, sell property, and profit from heirs; the Northwest Justice Project and other witnesses strongly supported the bill. Members raised questions about whether the bill would complicate probate for laypeople and about the timeline changes, and the sponsor said she was open to amendments. No vote was taken. The committee also heard House Bill 2386, which would replace a statutory garnishment answer form with a form developed by the Washington Pattern Forms Committee or a substantially similar form. The sponsor and a district court judge said the current form causes calculation errors, especially for fluctuating wages, and that the change would make garnishments more accurate and transparent. A collectors’ association supported updating the form but asked for a longer implementation period and flexibility for employers to use their own forms; the judge said a rollout period would not be a problem. The bill was heard but not voted on. House Bill 2585 would create a Washington State False Claims Act modeled on the federal act, allowing the Attorney General and private relators to pursue fraud against state programs, with treble damages, civil penalties, and whistleblower protections. Supporters said it would recover stolen public dollars and deter fraud in areas such as wages, housing, education, and environmental programs. Contractors warned that the bill could sweep in good-faith construction change orders, and a wireless industry group asked for a tax exemption; the Attorney General’s Office said it supported the concept but would provide technical and substantive feedback. The bill was heard without action. Finally, House Bill 2590 would exempt limited equity cooperatives from the Washington Uniform Common Interest Ownership Act unless they elect coverage, while keeping the tax exemption framework for those cooperatives. The sponsor and housing advocates said WUCIOA imposes requirements that do not fit cooperative ownership and can hinder permanently affordable housing, while lenders already impose appropriate reserve and governance standards. Witnesses from cooperative development organizations and community land trusts supported the bill, and committee members asked about resale limits, reserve obligations, and who benefits from appreciation. The hearing concluded without a vote. The committee also heard House Bill 2453, which would allow board-certified psychiatric pharmacists to participate in certain involuntary treatment proceedings and provide concurring medical opinions for involuntary medication under less restrictive alternative orders. Supporters said it would improve workforce capacity and continuity of care; opponents argued it could weaken civil-liberty protections and that pharmacists lack authority for diagnosis and treatment. The hearing ended with no final action on the bill.

Transcript Highlights:

• The PTET is currently scheduled to sunset after 2025, along with the federal SALT cap.
• While the PTET is scheduled to end after tax year 2025, along with the federal SALT cap, negotiations
• Generally speaking, if the P-TET, or if the SALT cap is extended and P-TET is also extended under this
• CDFIs directly support many of the legislature's critical priorities as mission-driven lenders.
• The lender puts a little bit of money in.

Transcript Highlights:

• There was a cap of 50% on accessory dwelling units. There was also a cap on co-living units.
• There was also a cap on co-living. of 50% on accessory dwelling units.
• There was also a cap on co-living units.
• I think the cap is, forgive me because my head is so fuzzy, I think it's about $2 million.
• There really isn't a share loan lender that is actively involved and eager to keep going.

Summary: The Senate Housing Committee heard presentations on a range of housing finance, permitting, and affordability tools. Chattanooga described its affordable housing PILOT program, which uses a per-unit property tax abatement tied to the rent loss from providing affordable units, with a 15-year term and annual compliance monitoring. Committee members asked about the program’s structure, whether it had been used elsewhere, and who was participating; the presenter said the first mixed-income project would bring 278 units with 42 affordable units and that the model was attracting private market-rate developers. Shoreline then described its MFTE and inclusionary zoning approach, emphasizing that longer tax exemption periods and station-area zoning changes had helped spur development, with most current pipeline projects concentrated near light rail stations. The committee also heard from the Municipal Research Services Center and the Department of Commerce on tax increment financing, proportional impact fees, and permit timelines. Commerce explained that TIF can fund public improvements such as roads, utilities, broadband, and some affordable housing or child care facilities, while proportional impact fee guidance is intended to help jurisdictions charge fees more closely aligned with actual project impacts. On permit timelines, Commerce presented its first annual report under recent law changes, using 2024 as a baseline year and noting that reported timelines were generally longer than statutory goals; members asked about outliers, paper versus electronic processing, and whether back-and-forth between applicants and staff was driving delays. Commerce said it would follow up with more data, including on CHIP funding and permit reform practices. Several local governments then shared permitting process improvements. Auburn reported relatively short review cycles and described its move to fully electronic permitting, internal performance standards, and a stock plan program that speeds review for repeated home designs. Bellevue described an AI permitting pilot with a local startup to help with pre-application questions, document triage, and plan review, aiming to reduce incomplete applications and revision cycles. Seattle presented a pilot for accessory dwelling unit co-development in which a mission-driven partner would help homeowners split lots, finance, build, and manage ADUs, with the homeowner eventually buying out the partner and retaining ownership; committee members asked about rent setting, management fees, and default risk, and staff said they would follow up. The committee also heard brief overviews of community land trusts and limited equity cooperatives as permanent affordability models, with presenters urging continued state and local funding support and policy recognition for these approaches.

Transcript Highlights:

• I believe they are imposed by lenders and title companies who require these documents in order for the
• ; it's something that's required by the lenders or by the title company.
• said to me the other day, or earlier today, that he believes that it's ironic that the current law caps
• these HOA fees at $275 for the resale certificates, and that under this bill, there's a $100 cap on
• a follow-on certificate. ...and that under this bill, there's a $100 cap on a follow-on certificate,

Bills: HB1175 , HB1376 , HB1500 , HB1796

Keywords: HB1175, small business, residential zoning, land use, zoning reform, neighborhood store, neighborhood cafe, convenience store, minimarket, corner store, mixed-use, local government, city zoning, town zoning, code city, parking regulations, hours of operation, alcohol service, food requirement, commercial use in residential areas

Transcript Highlights:

• I believe they are imposed by lenders and title companies who require these documents in order for the
• It's something that's required by the lenders or by the title companies. ...the buyer of the condominium
• , it's something that's required by the lenders or by the title company.
• these HOA fees at $275 for the resale certificates, and that under this bill, there's a $100 cap on
• a follow-on certificate. ...and that under this bill, there's a $100 cap on a follow-on certificate,

Summary: The House opened with the Pledge of Allegiance and a prayer, approved the prior day’s minutes, and announced caucuses before moving through introductions, committee reports, and second reading bills. The chamber considered three bills on second reading: HB 1175, allowing small business establishments in residential zones; HB 1376, allowing voluntary prepayment of capital gains tax up to six months early; and HB 1500, concerning resale certificates for units in common interest communities. HB 1175 received Amendment 1461, which added a population-estimate reference for small communities, and then passed 94-2. HB 1376 passed 97-0 after supporters said it would let taxpayers capture a federal deduction by paying earlier, while still preserving state revenue. HB 1500 received a technical striking amendment updating condo-law language and then passed 85-12; supporters said it would improve access to complete resale certificates for condo sales, while some members raised concerns about added regulation and costs. The House then took up third reading bills. Substitute HB 1302, which would let local governments waive utility connection charges for certain green technology or industrial symbiosis projects, passed 76-21 after supporters emphasized environmental benefits and opponents warned it could shift costs to other ratepayers. HB 1796, allowing school districts to bond against capital levy collections to speed projects and reduce inflationary costs, passed 78-19; supporters said it would save taxpayers money and help districts complete needed construction sooner, while opponents argued it could bypass voter intent and increase indebtedness without renewed approval. Finally, Substitute HB 1980 was returned to second reading for a striking amendment, which was adopted, and then passed 97-0. Supporters described it as a pilot program to help employers and transit agencies work together to move workers more efficiently in congested areas, using existing transit/HOV infrastructure. The House also re-referred HJM 4010 and HB 2402 to different committees, then adjourned until the following Friday morning.

Transcript Highlights:

• Senate Bill 157 would expressly exempt lenders from originating first and second mortgages that meet
• the applicable federal standards from the Kentucky specific total net income cap.
• </c> Bill 157 would expressly exempt lenders Bill 157 would expressly exempt lenders from<00:02:38.640
• </c><00:02:47.120><c> And</c><00:02:47.280><c> this</c> specific total net income cap.
• And this specific total net income cap.

Committee: Senate Banking & Insurance

Transcript Highlights:

• , or this $5 million cap every year.
• To adopt progressive revenue solutions such as the Governor's cap corporate tax credit proposal, the
• We have a cap of 250,000 per the statute.
• So thinking about this from two different but related perspectives: for lenders, construction lending
• Also, on deciding which lenders to choose and the terms and conditions for those lenders, CalHFA would

Transcript Highlights:

• And the other part of those payments is there is an income cap and a extent of how much any individual
• As you have conversations with ag lenders in the area, the basic conversation that I've had is: one,
• we're going to need to convert some of our lenders to our bad credit department; two, if we're hiring
• Well, not if you ask their lenders.
• Almost every piece of land that I saw purchased as a lender over the time that I was a lender was leveraging

Committee: House Agricultural Affairs

Transcript Highlights:

• Additionally, small lenders and independent lenders would not be subject to the fee increase.
• locations like an online lender now.
• That online lender with one single location paying $600 a year can reach any Missouri citizen.
• That online lender with one single location paying $600 a year can reach any Missouri citizen.
• Today representing the Missouri Installment Lenders Association, speak in favor of the bill.

Committee: House Financial Institutions

Transcript Highlights:

• It's generally part of our overall travel promotion budget, which is capped at $5.75 million dollars
• Sure, so for comparison purposes, I mentioned that our marketing budget is capped out of apportionment
• Would you be willing to put a population cap on this?

Bills: HB1823 , HB3031 , HB3369 , HB3378 , HB3429 , HB3624 , HB3657 , HB3880 , HB4215 , HB4476

Committee: Senate Economic Development, Workforce and Tourism

Keywords: housing finance, Oklahoma Housing Finance Agency, publication requirements, housing policy, state regulations, HB3031, North Pointe Workforce Development Initiative, workforce development, job training, skills training, job placement, local hiring, economic development, Oklahoma Department of Commerce, revolving fund, state treasury, appropriation, budget, workforce investment, employment outcomes

Transcript Highlights:

• Chair and members, Senate Bill 1413 removes the current $100,000 cap on court-ordered restitution for
• Chair and members, Senate Bill 1413 removes the current $100,000 cap on court-ordered restitution for
• In 2021, sorry, I just ran in, the Arizona Supreme Court ruled that the restitution cap in subsection
• We can't arbitrarily cap the amount that a victim may be entitled to.
• We can't arbitrarily cap the amount that a victim may be entitled to.

Bills: SB1004 , SB1012 , SB1100 , SB1110 , SB1170 , SB1213 , SB1317 , SB1402 , SB1413 , SB1416 , SB1476 , SB1511 , SB1573 , SB1655 , SB1656 , SB1709 , SB1720 , SB1723 , SB1725 , SCR1040

Committees: House Judiciary , House House Judiciary Committee of Reference

Keywords: sex offender registration, sex offender registry, A.R.S. 13-3821, sexual offenses, public safety, GPS monitoring, electronic monitoring, transient offender, homeless registrant, online identifiers, internet identifiers, sheriff notification, Department of Public Safety, DPS, DNA collection, juvenile adjudication, kidnapping of a minor, unlawful imprisonment of a minor, lifetime registration, community notification