Video & Transcript Research : 'asset disclosure'

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AL

Alabama 2025 Regular Session

Alabama House Ethics and Campaign Finance Committee Feb 19th, 2025

Ethics and Campaign Finance

Transcript Highlights:
  • Would it be beneficial for them to have that information, their economic disclosures, before the election
  • Well, the reason for the disclosures is so that...
  • The reason for the disclosures is so that individuals have an understanding of the economic conflicts
Bills: HB250
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 3/2/26

Health Finance and Policy

Transcript Highlights:
  • Of note, PE firms have very few systematic disclosure or transparency or reporting requirements.
  • <01:06:03.119> or have very few systematic disclosure or have very few systematic disclosure
  • State-specific evidence is limited by the fact that there are no transparency or disclosure requirements
  • Um, that was a part of a disclosure process that was processed through that transaction.
  • that was that was a part of a disclosure that was that was a part of a disclosure process<01:42:
Bills: HF3668, HF2779, HF2771
Summary: The House Finance and Policy Committee met on March 2 with a quorum present and heard House File 3668, which would create a state Office of Gun Violence Prevention. The bill author argued the office would treat gun violence as a public health crisis, improve research and coordination, and help reduce deaths and trauma, especially among children. Several supporters testified, including representatives from the Minnesota Medical Association, Protect Minnesota, family medicine, public health, and obstetrics/gynecology, all emphasizing firearm injury and suicide as major public health problems and urging a coordinated, data-driven response. Multiple testifiers shared personal accounts of shootings and their effects on children and families, including the Annunciation shooting, and said the office could help align prevention efforts across health care, law enforcement, and community organizations. Opposition came from the Minnesota Gun Owners Caucus, which argued the bill would create a permanent taxpayer-funded bureaucracy that could be used to shape firearm policy and restrict a constitutional right. The group said Minnesota should focus instead on enforcing existing laws, prosecuting violent offenders, and providing direct victim services. During committee discussion, Vice Chair Nadeau offered an A2 amendment to move the proposed office from the Department of Health to the Department of Public Safety, citing data-sharing, accountability, and examples from other cities and states; after discussion with the bill author, he withdrew the amendment. Chair Becker then noted existing state and local spending on violence prevention and public safety programs and raised concerns about duplication of effort.
HI

Hawaii 2026 Regular Session

JDC Public Hearing 02-06-2026

Judiciary

Transcript Highlights:
  • reforms to the asset forefeite<00:25:23.120> program<00:25:24.159> and<00:25:24.880>
  • We don't oppose accountability in asset forfeiture, and we don't oppose due process either.
  • But we share the committee's concerns about seeing that asset forfeiture is implemented in a way that
  • <00:30:14.240> forfeite<00:30:15.200> is<00:30:16.080> uh seeing that asset
  • forfeite is uh seeing that asset forfeite is uh implemented<00:30:16.799> in<00:30:16.960>
Summary: The Judiciary Committee heard testimony on several bills. SB 2444 would raise the real property exemption amount for attachment or execution, which the Attorney General said could create vague retroactivity language and litigation risk; the committee noted the exemption had last been adjusted around 1978. SB 2446 would add a seventh associate judge to the Intermediate Court of Appeals. Judiciary staff testified in opposition, saying recent internal restructuring and a pending vacancy had improved output and that it would be prudent to wait and see the effect before adding another judge. The Public Defender supported the goal of faster appellate resolution but said it would defer to the court’s assessment and had no objection to revisiting the issue later. The committee also discussed current appellate timelines, with staff saying at least 225 days is built into the process before a case reaches a merit panel, and that a two-year delay from panel assignment was realistic under the current structure. The committee then heard SB 2450, which would establish a presidential preference primary for the 2028 cycle. The Chief Election Officer said the election would cost about $4 million, less if combined with the regular primary. Several opponents argued the bill would add bureaucracy, duplicate or undermine party-run processes, and waste taxpayer money; one speaker estimated the total cost could be closer to $6 million when county costs are included. Supporters and committee members discussed that the measure would not require parties to use the results and that Hawaii remains one of the few states still using caucuses. The committee also asked whether counties could staff the election and whether the results would be useful given Hawaii’s current primary timing. SB 2453 would require the Office of Elections to include a notice with each ballot that a digital and printed voter information guide is available, with the notice in 32-point font as a separate insert. The Chief Election Officer said the insert would cost about $90,000 and asked for an effective date of January 1, 2027 because mailing preparations for the primary would already be underway. The Disability and Communications Access Board, League of Women Voters, National Federation of the Blind of Hawaii, and others supported the bill. The committee also began hearing SB 2461, which would have the Office of Elections prepare a questionnaire for candidates and publish responses online and in the voter guide; the Chief Election Officer said the office did not think it should be the agency to shape campaign questions, though he said it could work if the questions were specified in statute. Finally, the committee heard SB 2457, which would require a criminal conviction before seized property could be forfeited. The Attorney General and Honolulu Police Department opposed the bill, arguing it would prolong cases, increase storage costs, and make forfeiture less effective against crime, especially where owners flee, die, or hide assets through shell companies. The Public Defender strongly supported the measure, saying forfeiture should be tied to convictions and that people challenging forfeiture often lack counsel. The Honolulu Prosecutor also opposed the bill, but said it supported transparency, due process, and even a right to counsel; it argued conviction-only forfeiture would fail in cases involving fugitives, deceased suspects, or hidden ownership structures. The committee questioned what would happen to property if an owner could not be found, and the prosecutor said the outcome would depend on the type of property and could involve abandonment or interpleader proceedings.
HI

Hawaii 2026 Regular Session

CPN Public Hearing 03-18-2026

Commerce and Consumer Protection

Transcript Highlights:
  • This measure prohibits the ownership, operation, or management of a digital financial asset transaction
  • kiosk that accepts U.S. currency from a customer in exchange for a digital financial asset.
Summary: The committee heard several consumer-protection and insurance measures. HB 1511 HD2 would prohibit unsolicited mail or email using high-pressure tactics or falsely implying affiliation with another entity; it drew support from the Office of Consumer Protection, the DCCA Insurance Division, and the Service Contract Industry Council, with some written support and at least one opposition. HB 1535 HD2, concerning automated external defibrillators and a tax-related provision for devices installed in certain public accommodations, received comments from DOTAX and the Tax Foundation, with additional support from the Department of Health and other groups. HB 1642 HD1 would ban ownership or operation of digital financial asset transaction kiosks that accept U.S. currency; it was strongly supported by OCP, the Attorney General, and AARP, while kiosk operators and industry representatives opposed the ban and urged a regulatory approach instead, including licensing, transaction limits, refunds, and other safeguards. Members questioned whether federal action could preempt the bill and whether a licensure regime could be funded through a surcharge, but no action was taken during the discussion. The committee also took up HB 1753 on social media account deletion and permanent erasure of personal information, with OCP standing on its initial comments and TechNet and Will Caron in support. HB 1810 HD2 would impose prompt payment and financial reporting requirements on professional solicitors selling donated tangible property on behalf of charities; Goodwill Hawaii testified in strong support, emphasizing donor trust and transparency, and several nonprofit and business groups submitted supportive testimony. HB 2282 HD1, which would require explanations for premium increases and clarify insurance licensing and cancellation/non-renewal procedures, was supported by the Insurance Division and OCP; a vice chair asked for complaint data related to condo associations, and a member noted that the same agencies had previously opposed similar Senate bills. Finally, HB 2614 HD1 would require cosmetics merchants to accept returns of new or unopened goods within specified time frames and improve signage requirements; OCP said the bill addressed longstanding complaints about high-pressure sales tactics and no-return policies, citing over 180 complaints and survey results showing most complainants did not understand the policy and felt misled.
AL

Alabama 2025 Regular Session

Alabama House Commerce and Small Business Committee Feb 12th, 2025

Commerce and Small Business

Transcript Highlights:
  • The bill clarifies that recap disclosures are required before a buyer...
  • Disclosures are required before a buyer of property, but a written agreement is not required at this
Bills: HB230
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 7th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • What is a digital asset service provider?
  • Those digital assets as well.
  • You can use your digital assets... funds or the digital assets you have in your account on that exchange
  • that facilitates the trading of digital assets.
  • For example, in the divorce, a court can award assets. ...has to award assets in order to allow her to
TX

Texas 89th Regular

Criminal Jurisprudence Apr 22nd, 2025

Criminal Jurisprudence

Transcript Highlights:
  • I mean, I'm putting it in very simple terms—my assets back.
  • If there is a contested asset forfeiture, we will usually hold off on moving forward with the asset forfeiture
  • I don't like asset forfeiture.
  • Civil asset forfeiture.
  • Our motivation is to win or lose on full disclosure.
ND

North Dakota 2025-2026 Regular Session

House Government and Veterans Affairs Apr 16th, 2025 at 02:30 pm

Government and Veterans Affairs

Bills: SB2156
Summary: The committee met to reconsider and further amend Senate Bill 2156, a campaign finance/reporting bill tied to Secretary of State filing requirements and new software implementation. Members and legislative counsel explained that the bill would keep current law in place for 2025, then take effect January 1, 2026, when the new system is expected to be ready. Discussion focused on hard reporting dates, how year-end and quarterly reports would be handled, which entities must disclose balances, and clarifying that some provisions apply to statewide political parties and certain political committees but not to candidates or candidate committees in the same way. Representative Steiner walked through the amendment, describing it as mostly technical and intended to align reporting deadlines with fixed calendar dates, simplify compliance, and preserve existing treatment for some balance disclosures. Members asked about public availability of certain filed information, the meaning of references to beginning and ending balances, and whether the new fines and other provisions would also be delayed until 2026. Legislative counsel said the bill’s effective date would cover the entire act and noted some disclosure questions were not clearly answered in current law. The committee adopted the amendment and then approved Senate Bill 2156 as amended on a do-pass motion. The roll call was unanimous, and the chair adjourned the meeting, noting the changes were intended to help the Secretary of State’s office and candidates transition to the new reporting system.
ND

North Dakota 2025-2026 Regular Session

House Government and Veterans Affairs Apr 14th, 2025 at 03:30 pm

Government and Veterans Affairs

Bills: SB2156
Summary: The subcommittee met to review amendments to a campaign finance bill, focusing on reporting requirements for ending balances and annual statements. Members and staff worked through whether the language should apply to all multi-candidate committees or only statewide multi-candidate committees, and whether the addition of non-statewide political parties created any unintended change from current law. Dustin Richard from the Secretary of State’s office explained that the draft needed to be tightened to mirror existing law by inserting “statewide” where appropriate, while keeping the new non-statewide political party provisions as intended. The committee also discussed an effective date and application clause. Staff explained that an effective date of January 1, 2026 would align with the new reporting requirements, and that 2025 transactions would still be reported under the old law while 2026 transactions would follow the new rules. Members asked for plain-language clarification about how the application clause would work and whether any statutory cleanup would be needed afterward. A motion was made, seconded, and approved to adopt the amendments, with the motion then rephrased to refer to the “Dustin amendments.” The meeting concluded with scheduling discussion about reconvening later in the week to keep the bill moving before the deadline, followed by adjournment.
ND

North Dakota 2025-2026 Regular Session

House Government and Veterans Affairs Apr 9th, 2025 at 11:01 am

Government and Veterans Affairs

Transcript Highlights:
  • And this is on HB 2156, campaign finance disclosure as it relates to campaigns.
  • Then Section 7 of the bill is repealing the campaign disclosure statements, so Section 4 is the meat
  • And then also the disclosure requirements for county, city, and school district offices.
  • occurred in January 1st through—if you're on the ballot for that year—you must file a campaign disclosure
  • So 250 from Joe and 250 from Joe, it'll show 500 as a disclosure for an open records request.
Bills: SB2156
Summary: The subcommittee met to review HB 2156, which reorganizes North Dakota campaign finance disclosure law by repealing Chapter 16.1 and moving the provisions into a new Chapter 16.2 with mostly technical cross-reference updates. Legislative Council and the Secretary of State’s office walked through the bill section by section, explaining that most language is carried over from current law, with some cleanup to definitions, reporting requirements, public access rules, and filing procedures. The committee discussed how the new chapter would apply to candidates, candidate committees, political committees, political parties, ballot measure groups, and conduits. Several substantive issues were raised and adjusted during the discussion. Members questioned the open-records language for expenditures and contributions over $250, the use of “deposit” versus “receipt” as the reporting trigger, and whether the 48-hour supplemental reporting deadline should be changed to three calendar days; the group ultimately favored keeping 48 hours and using “deposit” consistently. They also clarified reporting dates, including changing one special-election deadline from 40 days to 39 days, and confirmed that balances of campaign funds would be reported but not made publicly available. The Secretary of State’s office also explained that the bill would make late fees public and that the chapter-wide penalty for willful violations remains a Class A misdemeanor. The main policy change debated at length was the late-filing fee schedule. Members expressed concern that the existing penalties were too low to deter intentional non-filers, and after discussion the committee agreed to increase the final late fee from $100 to $500 while keeping the new public posting of delinquent filers. The committee also reviewed an inflation-adjustment provision for reporting thresholds and the “ultimate true source of funds” language, which was described as existing law being carried into the new chapter. The meeting ended with the understanding that additional drafting changes would be made and that the bill would be ready for further committee action later in the week.
FL

Florida 2026 Regular Session

Ethics and Elections Jan 28th, 2026

Ethics and Elections

Transcript Highlights:
  • have, I believe it's around the technology component, and when those are renewed, it's kind of a disclosure
  • if the reporting individual filed his or her financial disclosure late, but before the maximum automatic
  • The maximum automatic fine for the late filing of the financial disclosure, and the reporting person
  • received in past years a waiver of an automatic fine relating to the late filing of a financial disclosure
  • The financial disclosure process and transparency compliance goals for our public officers and employees
Bills: S1622, S1178
Summary: The committee met with a quorum present and first took up Senate Bill 1178, the Foreign Interference Restriction and Enforcement Act, sponsored by Senator Garcia. The bill would expand state restrictions on foreign countries of concern and designated foreign terrorist organizations, including creating a state registration framework for foreign agents, banning gifts to public officials from covered foreign entities, requiring ethics training on foreign influence, tightening procurement limits for information technology and critical infrastructure, restricting sister-city/sister-state encouragement, revising linkage institute rules and tuition provisions, and criminalizing certain conduct tied to foreign governments or unauthorized enforcement of foreign law. Members asked extensive questions about how the bill would affect election technology, software development, federal foreign-agent registration, educational exchanges, and the treatment of organizations such as CARE; the sponsor said the bill focused on ownership/control and foreign countries of concern, not specific components or general participation in events. An amendment by Senator Grall was adopted to clarify definitions, align penalties with willful violations, and specify that new ethics training content is additive. The committee then heard supportive testimony from Kelly Curry of State Armor and Rob Pierce of American Global Strategies, both of whom argued the bill would help Florida counter foreign influence, protect data and infrastructure, and improve transparency. CS for SB 1178 was reported favorably by roll call vote. The committee then considered Senate Bill 1622, which provides a one-time waiver of the automatic fine for a late-filed financial disclosure under specified conditions, including that the filer submitted the disclosure before the maximum fine accrued and had not previously received such a waiver. Carrie Stillman of the Commission on Ethics testified in support, saying the bill preserves transparency and compliance goals while making the fine and appeals process more workable. The bill was reported favorably by roll call vote. Finally, the committee took up confirmation hearings for appointments in tabs 3 through 26. No separate votes were requested, no public testimony was offered, and the block of appointees was recommended favorably to the full Senate by roll call vote. The meeting then concluded with no further business.