Transcript Highlights:

• the need for a cap on the number of SBLCs.
• the need for a cap on the number of SBLCs.
• The bill was thoughtfully drafted to encompass the original 14 SBLCs and two additional SBLCs licensed
• No existing SBLC licenses would be revoked as part of this bill.
• That is why the CA SBLC lenders are so critical to growing our small business ecosystem.

Bills: HB2987 , HB2931

Keywords: small business lending company, SBLC, SBA lending, Small Business Administration, section 7 loans, small business loans, loan guarantee, lender cap, financial institutions, credit access, small business finance, nonprofit lenders, business lending, CEASE Act, House passage, Senate Small Business and Entrepreneurship Committee, sanctuary jurisdictions, office relocation, immigration policy, government operations

Transcript Highlights:

• non-depository institutions to become permanently licensed SBA lenders as small business lending companies or SBLCs
• I aggressively sought to understand how the SBA was selecting and approving these new SBLCs to participate
• Williams to the SBA requesting information on the SBLC selection process.

Committee: Senate Small Business and Entrepreneurship Committee

Keywords: SBA, 7A loan program, underwriting standards, loan defaults, Community Advantage Program, small business funding, testimony

Summary: The committee meeting focused on discussions regarding the SBA's 7A loan program and its implementation challenges. Members raised significant concerns about recent changes to the underwriting standards, which have been criticized for leading to an increase in loan defaults. Ranking members expressed a desire for a return to stronger guidelines to protect taxpayers and ensure the program remains a viable source for small businesses struggling to secure funding. Testimonies from community lenders highlighted their efforts to support underserved communities and stressed the importance of the Community Advantage Program.

Transcript Highlights:

• SBLC. Hello again, and I do urge you all to vote no on HB 991 today.

Summary: The committee took up a long agenda of bills, beginning with HB 4087, which authorizes the Highlands County Hospital District to evaluate options to sell, lease, or manage its hospital. An amendment adding fair market value as a consideration was adopted, and the bill then passed unanimously. HB 841, which eliminates the requirement for validation stickers on license plates and moves registration verification to electronic systems, also passed after questions about law enforcement procedures, pretextual stops, and consumer savings; a technical amendment was adopted first. HB 593, dealing with campaign fundraising while on official time, lobbying rules for water management districts, agency secretary travel reimbursement, and settlement conditions involving third parties, passed without opposition. CS for HB 1019, the PFAS-related bill phasing out aqueous film-forming foam and requiring testing of treated effluent and biosolids, passed after an amendment limiting local utility liability until EPA standards are set; speakers emphasized firefighter and water-quality concerns. Several local and administrative measures also advanced. HB 4089 conveyed the Trenton Train Depot to the City of Trenton, HB 6011 updated ethics disclosure procedures for Form 10 filings, and PCS for HB 1051 created a recall process for community development district board members while also addressing synthetic turf deed restrictions and landowner-control timelines. HB 1031 established a pilot callback system for state agency customer service lines, and CS for HB 961 removed a burdensome electronic signature requirement for salvaged titles. HB 1421, which requires land managers to consider cattle grazing on conservation lands, drew substantial debate over state parks, water quality, and land management; an amendment added ecological guardrails and the bill passed 20-3. CS for HB 253 expanded eligibility for the Veterans Dental Care Grant Program and passed unanimously, while HB 4039 required Broward County to study and hold a hearing before enlarging the Monarch Hill landfill landmark and passed despite opposition from the waste industry. CS for HB 755 eased Habitat for Humanity bond requirements in the Florida Keys and extended the Florida Keys Stewardship Act, and HB 1035 promoted nature-based coastal resiliency projects and permitting; both passed unanimously. The committee then considered major foreign influence and election integrity measures. CS for CS for HB 905, the FIRE Act, was substantially revised by strike-all to expand registration and disclosure requirements for foreign agents and foreign-supported political organizations, restrict gifts and contracts tied to foreign countries of concern, terminate sister city agreements with such countries, and strengthen penalties for transnational repression; members debated the treatment of Qatar, linkage institutes, and the broader impact on international students, and the bill passed 24-1. Finally, CS for HB 991 proposed sweeping election changes, including citizenship verification at registration, a citizenship oath, new voter ID rules, paper ballots except for disability accommodations, candidate party-affiliation timing rules, stronger foreign-money restrictions, and other enforcement provisions. Members raised extensive concerns about document submission, data retention, student IDs, seniors, disability access, and the burden of proof for citizenship, and the committee was still in the middle of that discussion when the transcript ended.

Transcript Highlights:

• SBLC is a nonprofit law firm providing free legal services to survivors of sexual and gender-based violence

Bills: SB6294 , SB6211 , SB5650 , SB6033 , SB6297 , SB6343 , SB6067 , SB6082 , SB6323 , SB6324 , SB5862 , SB5923 , SB6151

Committee: Senate Ways & Means

Keywords: local government finance, Washington state, RCW, real estate excise tax, REET, sales and use tax, property tax levy, county tax, city tax, affordable housing, housing services, behavioral health, mental health, developmental disabilities, children and families services, youth services, utility tax, low-income utility assistance, veterans assistance, homelessness

Transcript Highlights:

• SBLC is a nonprofit law firm providing free legal services to survivors of sexual and gender-based violence

Summary: The Ways and Means Committee held a public hearing on multiple bills, beginning with a motion to suspend the five-day notice rule for a long list of Senate bills, which passed on a voice vote. The committee first heard Substitute Senate Bill 6026, a governor-request housing bill that would require cities and counties over 30,000 population to allow residential uses in commercial and mixed-use zones, limit mixed-use/ground-floor commercial requirements in some areas, and allow added height where such requirements are imposed. The lieutenant governor testified strongly in support, arguing the bill would add needed housing capacity without requiring ground-floor retail burdens. The hearing on SB 6026 was then suspended so the committee could move through the agenda. The committee then heard Senate Bill 6294, a broad local government finance measure with eight parts, including expanded uses for certain REET revenues, a new county public utility tax, a new local sales tax for children and family services, expanded housing-related tax uses, changes to county levy structure, longer lid lift periods, and expanded use of rental car tax revenue. Local government, housing, and public health witnesses largely supported the bill, emphasizing flexibility for affordable housing, rental assistance, children’s services, and county fiscal stability. Opponents, including wireless industry, water/sewer district, auto dealer, realtors, energy, and cannabis representatives, objected to specific tax provisions as regressive, costly, or likely to raise consumer prices. Several witnesses requested amendments, including adding public health clinic funding and flood recovery language from House bills. The committee also heard Substitute Senate Bill 5400 on local news sustainability, which would create a state grant program funded by a surcharge on large search engines and social media platforms to support journalism jobs and the Murrow Fellowship program. News organizations, the League of Women Voters, open government advocates, and local journalism supporters testified in favor, saying local news is essential to civic life and that the bill would help sustain reporting without using general fund dollars. Technology industry representatives opposed the bill, arguing it unfairly singles out tech companies and could face legal challenges. The committee then heard Senate Bill 6211, which would let opt-in GMA jurisdictions impose REET-2 without voter approval; cities and counties supported it as a parity and infrastructure funding measure, while Realtors opposed the loss of voter approval. Senate Bill 5650, authorizing local cannabis excise taxes, drew support from some local officials but strong opposition from cannabis businesses, which argued Washington’s cannabis taxes are already too high and drive sales to the illicit market. Senate Bill 6033, waiving penalties and interest for taxpayers who failed to collect new sales tax on certain services, was supported by NFIB as a compliance and fairness measure. Senate Bill 6297, exempting temporary staffing services for nonprofit behavioral health providers from sales tax, drew strong support from behavioral health organizations citing workforce shortages and unsustainable costs. Finally, Senate Bill 6343, extending and expanding tax relief for disaster-damaged property and repairs, was presented as aid for flood recovery; local officials testified in support. No final committee votes on the bills were taken in the portion of the meeting provided.