Video & Transcript Research : 'buyer disclosure'

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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
WA

Washington 2025-2026 Regular Session

House Consumer Protection & Business Jan 30th, 2026 at 08:00 am

Consumer Protection & Business

Transcript Highlights:
  • This is the bill revised in the real estate seller disclosure notice to reflect changes in the Pollution
  • So this changes the statement that a seller of residential real property must make available to the buyer
  • This is the bill revised in the real estate seller disclosure notice to reflect changes in the pollution
  • So this changes the statement that a seller of residential real property must make available to the buyer
  • It solves a problem that is required by the fact that these real estate disclosure forms are statutorily
Summary: The committee opened a public hearing on House Bill 2291, the Kratom Consumer Protection Act, and received a staff briefing describing a licensing and regulatory framework for kratom processors and retailers, age restrictions, product bans, labeling and testing requirements, a public product directory, an 11% excise tax, and enforcement by the Liquor and Cannabis Board. The prime sponsor said the bill is intended to regulate natural kratom while banning synthetic or chemically altered products, and members asked about local authority, impaired driving, and whether the bill should more closely resemble cannabis or opioid regulation. Testimony was mixed: retailers and cities supported regulation but raised concerns about the $1,000 license fee and state preemption of local bans; public health and youth prevention witnesses supported the bill and warned about addiction, child exposure, and overdoses; kratom users and the Global Kratom Coalition defended natural kratom leaf as a lawful botanical and opposed treating it like cannabis or imposing high barriers to entry. The hearing on HB 2291 was then closed, and the committee moved into executive session on several other bills. In executive session, the committee heard staff briefings on multiple measures, including HB 2439 on cigarette, vapor product, and tobacco policy; HB 1078 on pet insurance continuity; HB 1701 on multiple liquor licensees in one facility; HB 2207 on bonded beer warehousing; HB 2501 on real estate disclosure language for heating oil tanks; HB 2361 on increasing the maximum small loan amount; and HB 1932 on cannabis consumption events. Members discussed proposed substitutes and amendments, including changes to consumer protection enforcement, coupon restrictions, local preemption, licensing details, and funding allocations. The committee also took a brief caucus recess before voting on bills. The committee adopted amendments and reported HB 2439, HB 1078, HB 1701, HB 2207, HB 2501, HB 2361, and HB 1932 out of committee with do-pass recommendations. HB 2439’s substitute was amended to limit one Consumer Protection Act enforcement provision to the Attorney General, adjust coupon language, and restore state preemption; the bill passed 12-3. HB 1078 passed unanimously after a substitute addressing affiliated-company policy transfers for pet insurance. HB 1701 and HB 2207 each passed with one dissenting vote after substitutes revised liquor and beer warehousing provisions. HB 2501 passed unanimously as a technical update to the seller disclosure form. HB 2361, as amended to make inflation adjustments biennial and change reporting requirements, passed 13-2. HB 1932, creating a regulated cannabis consumption event license, passed 11-4 after debate over public consumption and cannabis policy.
WA

Washington 2025-2026 Regular Session

House Consumer Protection & Business Jan 28th, 2026 at 01:30 pm

Consumer Protection & Business

Transcript Highlights:
  • It's harmful to buyers. It's harmful to fair housing.
  • It creates a better outcome for buyers and sellers if all buyers are able to learn of the availability
  • estate, sellers are filling out that form and there's information when a buyer reads it.
  • And in this, the... ...information when a buyer reads it, it's got to be right and accurate.
  • Buyers cannot get access to that information.
Summary: The Consumer Protection and Business Committee heard public hearings on several real estate, consumer, and business bills. House Bill 2477 would create a specific statute of limitations for claims against appraisers and related entities arising from appraisal reports, and limit liability to clients and intended users; the sponsor and appraisers testified that it would align Washington with other states, reduce recordkeeping burdens, lower insurance costs, and help attract new appraisers. House Bill 2512 would prohibit real estate brokers from marketing residential properties to exclusive groups unless the property is also publicly marketed; supporters framed it as a transparency and fair housing measure, while opponents argued it could limit homeowner privacy and off-market sales. House Bill 2240 would modernize self-storage rental agreements by allowing electronic execution, setting notice and acceptance rules, and clarifying procedures after termination or non-renewal; storage industry witnesses supported the clarity, while an advocate for unhoused people raised concerns about property loss and notice access. House Bill 2465 would require a Department of Health water-safety guide for short-term rentals with pools or similar facilities; the sponsor and hospitality industry supported it as a low-cost consumer safety measure, while cities raised implementation concerns that the sponsor said would be addressed by amendment. House Bill 2501 would update a seller disclosure notice to reflect the Pollution Liability Insurance Agency’s shift from a heating oil insurance program to a loan and grant/remediation program, and House Bill 2624 would exempt public entities, tribes, and nonprofit land conservancies from the “unsolicited real estate transaction” requirements adopted last year; conservation groups and DNR said the exemption was needed to preserve existing appraisal and grant processes. The committee also took executive action on two bills. House Bill 2536, allowing wineries to hold a spirits, beer, and wine restaurant license or a beer and/or wine restaurant license at one location, was reported out with a due pass recommendation on a 14-1 vote. Substitute House Bill 2476, which narrows a proposal to remove the 120-seat-per-screen limit for spirits, beer, and wine theater licenses by restoring the cap except for theaters that admit only patrons 21 and older, was also reported out with a due pass recommendation on a 13-2 vote. The committee then adjourned.
WA

Washington 2025-2026 Regular Session

Senate Housing Jan 30th, 2026 at 10:30 am

Housing

Transcript Highlights:
  • Let's start with Senate Bill 6237, an act relating to rental property disclosures of flooding history
  • It's just that the disclosures must be made, but it doesn't talk about any specific penalty for non-disclosure
  • This bill is just a simple disclosure.
  • This bill is just a simple disclosure modeled after those pieces of legislation.
  • So in future years, I hope we could work toward more comprehensive renter disclosure.
Summary: The Senate Housing Committee held public hearings on several bills. SB 6237 would require landlords to disclose to new tenants whether a rental property may be in a flood hazard area, that renters’ personal property is not covered by the landlord’s insurance, and that tenants should consider renters and flood insurance; supporters said it addresses a real information gap after recent flooding, while housing groups were generally neutral or supportive but asked for clarifying language and noted there is no specific penalty for non-disclosure. SB 6214 would authorize public corporations, housing authorities, and certain nonprofits to operate land bank authorities for affordable housing, with tax exemptions and priority access to tax-foreclosed property; testimony was largely supportive from local governments, housing authorities, and affordable housing advocates, while one witness opposed it as an unnecessary market intervention and the Department of Revenue flagged the need for clearer definitions to administer the exemptions. SB 6139 would require landlords to keep accepting previously used payment methods and allow partial rent payments during eviction proceedings without those payments reinstating the lease or stopping the unlawful detainer case; the sponsor said it would address recurring court problems where tenants could not make partial payments, while tenant advocates opposed it as accelerating evictions and limiting judicial discretion, and landlord groups said they were concerned about operational and legal clarity but were open to further work. In executive session, the committee took up SB 6091, which would bar real estate brokers from marketing residential property to limited or exclusive buyer groups. The committee adopted a proposed substitute that clarified the bill does not require owners to allow access into a home and removed language tying violations to the Washington Law Against Discrimination. The committee then voted the substitute do pass and sent the bill to Rules. The committee also voted to recommend confirmation of gubernatorial appointments 9278, Pedro Espinoza, and 9279, Diana H. Perez, to the Housing Finance Commission.
TX
Transcript Highlights:
  • be signed at a minimum before the agent submits an offer to purchase a home on behalf of the buyer.
  • seller would essentially deputize all other agents to go out and try to bring ...a buyer to them.
  • . ...or represent the buyer, period.
  • However, the behavior of buyers has changed due to technology.
  • So is that buyer free to go work with another agent? We feel that that is important.
TX

Texas 89th Regular

Business and Commerce (Part II) Apr 1st, 2025

Business & Commerce

Summary: The Senate Committee on Business and Commerce heard Senate Bill 2021 by Senator Johnson, as substituted, on distributed energy resources (DERs). Johnson said the bill was intended to create a regulatory framework for DERs and virtual power plants, address interconnection and registration issues, and prevent regulatory capture as the industry grows. Testimony was split: Texas Electric Cooperatives asked for clarification so co-ops would not be unintentionally excluded from owning or operating DERs; AECT supported the bill as providing needed rules and customer protections; TABA, Texas Solar and Storage Association, Sierra Club, Texas Solar Energy Society, and several others opposed it or raised concerns that it was too utility-centric, imposed red tape, and could burden homeowners and small businesses with registration and interconnection requirements. Johnson repeatedly said the bill was not meant to stop rooftop solar or backup systems and that he was open to specific redlines and further changes. SB 2021 was left pending after testimony. The committee then took up Senate Bill 2330 by Senator Parker, which would end government payroll deduction for dues to certain public employee organizations, while exempting first responders under Chapters 143 and 147 and making other conforming changes in a committee substitute. Parker argued the bill was about government neutrality, transparency, and employee freedom from coercion, and said organizations can collect dues directly using modern payment methods. Supporters from Texas Public Policy Foundation, Texas Business Coalition, Freedom Foundation, ABC Texas, and Texans for Fiscal Responsibility said taxpayer-funded payroll systems should not be used to collect dues for private organizations, especially ones involved in political activity. Opponents, including ATPE, Texas Classroom Teachers Association, Texas Public Employees Association, and correctional employees, said payroll deduction is a convenient, secure service that helps professional associations and employee groups, and argued the bill would burden teachers and other public employees. Several witnesses and senators focused on the bill’s exemptions and whether it treated teachers differently from first responders. Senator Menendez questioned why some public employees were excluded while others were not, and a Houston police union representative said he moved from opposing to supporting the bill after being told the substitute would preserve meet-and-confer deductions under Chapters 143 and 147. Senator Parker closed by saying the bill was not meant to eliminate associations or payroll deduction entirely, only to remove the state as a middleman. SB 2330 was left pending, and the committee then recessed subject to call.
TX

Texas 89th Regular

Business and Commerce (Part I) Apr 1st, 2025

Business & Commerce

Transcript Highlights:
  • before the agent submits an offer to purchase a home on behalf of a buyer.
  • Before the 1980s, buyers typically did not have their own representation.
  • However, the behavior of buyers has changed due to technology.
  • Buyers can now begin searching for their dream home online.
  • So is that buyer free to go work with another agent?
Summary: The committee first took up pending business and favorably reported several bills without objection or by recorded vote, including SB 783, SB 1238, SB 1706, SB 1791, SB 458, SB 1644, and SB 1810, with some of them also sent to the local and uncontested calendar. The committee then moved into hearings on additional bills. SB 1968, by Senator Schwertner, would update the Real Estate License Act by repealing subagency, requiring written buyer-agent agreements before showings, and clarifying when a formal buyer representation agreement must be signed. Texas Realtors testified in support, saying the bill modernizes agency rules and increases transparency, while a committee substitute corrected drafting issues. SB 2411, the annual update to the Texas Business Organizations Code, was also laid out and left pending after supportive testimony from the Texas Business Law Foundation and drafting committee representatives. The committee also heard SB 2321, which would codify ERCOT’s current practice of notifying TCEQ when backup generation needs enforcement discretion for grid reliability; Sierra Club and a chamber of commerce witness supported it with suggestions for clearer emissions reporting, and the bill was left pending. SB 2077 would broaden eligibility for the Texas Mutual Insurance Company board by narrowing conflict restrictions tied to insurance-related interests; Texas Mutual supported the change and the bill was left pending. SB 1405, a broadband bill, would align state law with FCC standards and streamline Broadband Development Office processes; it was left pending after supportive testimony. SB 1299, protecting nonprofit donor privacy, drew support from privacy advocates and concerns from one witness about transparency for publicly funded nonprofit operations; it was left pending. The committee then heard SB 776, which would bar government construction contracts from shifting delay damages to contractors when delays are caused solely by the public owner. Contractors, surety representatives, and water infrastructure advocates supported the bill, arguing it would improve fairness and reduce inflated bids, while water utilities and critical infrastructure entities opposed it, warning of more litigation and higher costs; the bill was left pending. Finally, SB 715, which would apply reliability requirements retroactively to all generation resources in ERCOT, drew opposition from renewable and storage groups and support from some critics of renewable subsidies, with witnesses split over whether it would improve reliability or raise costs; testimony was underway when the transcript ended.
LA

Louisiana 2026 Regular Session

Commerce Apr 21st, 2026

Commerce

Transcript Highlights:
  • Amendment number 11 amends one of those disclosure provisions from saying that it may be unlawful for
  • “With this section, if it includes a clear and conspicuous disclosure of the percentage, right?
  • It simply requires fairness and consistency when similarly situated buyers, those who are purchasing
  • It simply requires fairness and consistency when similarly situated buyers, those who are purchasing
  • On the issue of contract disclosure, HB 800 is narrowly targeted.
WA

Washington 2025-2026 Regular Session

Senate Housing Jan 23rd, 2026 at 10:30 am

Housing

Transcript Highlights:
  • And what the bill attempts to do is... ...select group of buyers or renters or brokers.
  • The buyer side and the seller side, they will get both sides.
  • to compete with 10 other offers, especially corporate buyers and cash investors.
  • It's important for buyers because it ensures that everyone has a level playing field.
  • And in full disclosure, I’ll tell you that I was involved in a previous life with a...”
Summary: The committee heard public testimony on several housing bills. SB 6091 would prohibit real estate brokers from marketing residential property to a limited or exclusive group unless it is also marketed to the general public. The sponsor and supporters, including Washington Realtors, Habitat for Humanity, Zillow, the Fair Housing Center, and several brokers, said the bill promotes transparency, competition, and fair housing by preventing “pocket listings” and hidden inventory that can exclude buyers and reinforce segregation. Opponents, including Compass representatives and some brokers, argued the bill would restrict homeowner choice, harm privacy, and create legal risk for brokers; the Attorney General’s office said it supported the competitive goal but had concerns about using the Washington Law Against Discrimination as the enforcement mechanism. The committee then closed testimony on SB 6091 without taking final action. SB 6200 would protect renters and manufactured home residents from landlord restrictions on portable cooling devices, with limits for safety, building code compliance, electrical capacity, and liability protections for landlords. The sponsor and supporters framed the bill as a public health response to deadly extreme heat, citing the 2021 heat dome and testimony from physicians, tenant advocates, and nonprofits that cooling can save lives and is often the only realistic option for renters. Multifamily housing and property management groups supported the concept but raised concerns about window-mounted units in high-rise buildings, insurance, property damage, and neighboring-unit impacts, asking for narrower language or exemptions. Testimony on SB 6200 then closed. The committee also heard SB 6096, which would require cities and towns to offer deferred collection of water and sewer connection charges for qualifying residential construction until final inspection or occupancy. The sponsor said the bill would ease upfront financing burdens for builders without reducing what local governments receive. Builders and business groups supported the measure as a way to lower development costs, while water and sewer districts and city officials opposed it, arguing it shifts financial risk to utilities and ratepayers and could complicate infrastructure planning. After testimony, the committee closed the hearing on SB 6096. Finally, the committee heard SB 6153, which would create a senior independent housing ombuds program, require registration of senior independent housing facilities, and make certain landlord violations subject to the Consumer Protection Act. The sponsor said seniors in independent living settings often lack meaningful protections and need an ombuds similar to those available in licensed care settings. Supporters, including residents and advocacy groups, said the bill would provide oversight, complaint resolution, and dignity for older adults living in 55-plus communities and CCRCs. Testimony on SB 6153 was underway at the end of the transcript.
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
LA

Louisiana 2026 Regular Session

House and Governmental Affairs Apr 8th, 2026

House and Governmental Affairs

Transcript Highlights:
  • They would still file their annual personal disclosure.
  • It removes the disclosure, but even absent disclosure, would it remove any possible violation that would
  • The disclosure only occurs if it is allowed.
  • , so they're still going to be required to file disclosure reports.
  • I don't, it's clear and understandable 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.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Consumer Protection and Professional Licensure Apr 15th, 2026

Joint Committee on Consumer Protection and Professional Licensure

Transcript Highlights:
  • Just a couple thoughts on the tariff disclosure bill: our members have suffered through a year and a
  • It would be very, it would be near impossible to comply with the provisions in the tariff disclosure
  • Just a couple thoughts on the tariff disclosure bill: our members have suffered through a year and a
  • It would be very, it would be near impossible to comply with the provisions in the tariff disclosure
  • And while I'm here, I'd like to just oppose House Bill 5036 on the tariff disclosures.
Bills: H5036, H5138
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.